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WTW · 2 days ago

Lead Accountant (Account Executive)

Burlington, VT

Full-time

Hybrid

Senior Level, Lead/Staff

$100K/yr - $130K/yr

15+ years exp

Willis Towers Watson’s Captive Solutions team delivers customized, data-driven insurance management services. The Account Executive is responsible for managing a portfolio of captive insurance companies, providing strategic, operational, and financial oversight tailored to each client’s unique risk profile.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

To assist in the development of new business for the Company

Give input to the creation of a marketing and new business strategy

Implement marketing and new business strategy

Identify new business opportunities (including cross-selling opportunities) within existing client base

Take responsibility for a number of new business development projects

Promote the Company within and outside the Willis Group

To provide technical advice on request within the Practice

Liaison with insurance broker and reinsurance brokers as required

Underwriting decisions in conjunction with the Client Service Team and the Practice Underwriting resources, as appropriate

Monitoring of exposures and risk transfer pricing within assigned portfolio

Oversee regulatory approval for changes to the business plan

Oversee Board approval for underwriting decisions

Monitoring of domicile solvency and capital requirements

Obtaining regulatory approval of changes to business plan

Obtaining board approval for underwriting decisions

Accounting for premium

Agree reserving methodology

Ensure the production of management accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as required

Assist with the adoption of appropriate accounting practices and ensure adherence thereto

Manage cash requirements of the companies

Liaise with and monitor investment managers in respect of invested funds

Assist Client Service Team with co-ordination of board meetings

Ensure timely production of board papers

Ensure timely production of minutes and review prior to distribution

Action matters arising from client meetings

Ensure relevant company secretarial functions are performed in a timely manner

Ensure compliance with Corporate Governance

To participate in and provide input on strategic and major operational issues. Assume responsibility for a specific area of company strategy

To implement policies adopted by the Practice

Contact is maintained with all client directors and that they are advised of any developments

Keep Practice leadership apprised of client developments

Entertain clients & prospects as required

Support Senior Principal in performing board insight, perspective & thought leadership as required

Understands importance of WEM and the WTW code of Conduct and works to be seen as a role model in the office

Qualification

Captive insurance experienceInsurance accountingFinancial complianceCPA qualificationClient relationship skillsProject managementAdvanced computer skillsProblem resolutionQuality control monitoringInfluencing skillsLeadership skillsPresentation skillsCommunication skills

Required

4 year degree in Accounting, Finance or related area or CPA qualification

Maintenance of CPA qualification through CPD, as appropriate

Advanced Computer Skills

In depth knowledge and experience of captive insurance and insurance industry (minimum 15 years' experience) in the following areas: (1) accounting for captives (2) insurance products, and (3) problem resolution

Willis Towers Watson knowledge (platforms, structure, etc.)

Ability to monitor quality control

Client relationship skills

Project Management skills

Advanced presentation skills

Leadership and People Management skills

Compliance

Can solve complex issues and will raise highly complex issues to higher level

Ability to influence and negotiate

Excellent verbal and written communication skills

Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k)