About the Role
We are looking for a Captive Insurance Accounting Analyst to support accounting and reporting activities for captive insurance programs. This role is essential in preparing accurate financial results, maintaining strong internal controls, and assisting with audits and client reporting. You will work closely with underwriters, auditors, and program managers while gaining exposure to reinsurance, GAAP, and statutory reporting.
Key Responsibilities
Financial Reporting & Analysis
- Prepare monthly client reporting packages and analytical schedules, including underwriter reporting.
- Assist in preparing and interpreting reinsurance financial results for multiple programs.
- Support review of claims forecasts and loss development patterns to ensure adequate reserves are maintained.
- Maintain operational results templates and prepare journal.
- Prepare and review general ledger reconciliations.
- Assist in preparing monthly GAAP and statutory reporting.
Controls & Compliance
- Support enhancement of documentation for key internal controls and procedures.
- Ensure compliance with company policies and regulatory requirements.
- Assist external and internal auditors by preparing schedules required for audits of financials and reporting.
Process Improvement & Automation
- Identify opportunities to improve efficiency and accuracy in accounting processes.
- Contribute to automation initiatives to streamline reporting and reconciliation activities.
Stakeholder Support
- Partner with Program Management and Client Services to support ad-hoc projects and inquiries.
- Collaborate with cross-functional teams to ensure timely issue resolution and accurate financial outputs.
What We're Looking For
Required
- Minimum 2 years of experience in general accounting and insurance accounting.
- Strong working knowledge of GAAP accounting principles.
- Experience with reconciliations, journal entries, and financial reporting.
- Analytical mindset with attention to detail and accuracy.
Preferred
- Exposure to insurance or reinsurance accounting, especially captive structures.
- Familiarity with statutory reporting requirements.
- Experience with process improvement or automation tools.
