About the Role
We are seeking a Captive Insurance Accounting Supervisor to oversee accounting and reporting activities for captive insurance programs. This role is critical in ensuring accurate financial reporting, maintaining strong internal controls, and supporting operational efficiency across multiple client portfolios. You will lead a small team, work closely with underwriters, auditors, and program managers, and drive process improvements to enhance accuracy and efficiency.
This is a handson supervisory role with you being close to work, the team and the numbers.
Key Responsibilities
Financial Reporting & Analysis
- Prepare monthly client reporting packages and analytical schedules, including underwriter reporting.
- Prepare and interpret reinsurance financial results for multiple programs.
- Review claims forecasts and loss development patterns to ensure adequate reserves are maintained.
- Maintain operational results templates and prepare journal entries. Review journal entries prepared by the team.
- Prepare and review general ledger reconciliations.
- Prepare monthly GAAP and statutory reporting.
Controls & Compliance
- Enhance documentation of key internal controls and procedures.
- Ensure compliance with company policies, approval matrices, and regulatory requirements.
- Assist external and internal auditors by preparing schedules required for audits of financials and reporting.
Process Improvement & Automation
- Identify best practices and create ideas for process improvements.
- Enhance process efficiency and accuracy through automation initiatives.
- Support remediation of control gaps identified through audits, reconciliations, or incident reviews.
Stakeholder Support
- Partner with Program Management and Client Services to support ad-hoc projects and inquiries.
- Act as an escalation point for accounting-related issues and client reporting disputes.
- Collaborate with cross-functional teams to ensure timely issue resolution and accurate financial outputs.
Leadership & Team Development
- Supervise, coach, and develop a small team of accounting analysts.
- Allocate work, set clear priorities, and monitor performance against SLAs and quality standards.
- Support onboarding, skills development, and ongoing training for team members.
- Foster a culture of accountability, collaboration, and continuous improvement.
What We're Looking For
Required
- 5+ years of experience in general ledger accounting, insurance accounting, or captive insurance operations.
- 2+ years in a supervisory, team lead, or senior accounting role.
- Strong working knowledge of GAAP and statutory accounting principles.
- Experience with claims forecasting, reserve analysis, and reinsurance reporting.
- Background in shared service/COE or high-volume accounting environments.
Preferred
- Exposure to automation tools and process improvement initiatives.
- Experience working with both domestic and international captive structures.
- Familiarity with audit processes and regulatory reporting requirements.
