BBInsurance

VP, Captive Manager

Honolulu, HI, USA Full time

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown’s Risk Solutions team, formerly known as Beecher Carlson, is looking for a Captive Manager to join the Captive practice in Honolulu, HI.

The Captive Manager will oversee the day-to-day accounting and financial activities of a portfolio of captive insurance companies, serving as the primary point of contact with senior management and clients, with opportunities to develop strategic and consulting skills. Responsibilities will include, but are not limited to:

Responsibilities:

  • Provide advice on compliance requirements, investment regulations, and current accounting developments that affect clients
  • Give presentations at client, shareholder, and/or Board of Director meetings to review financial information.  Prepare and/or review monthly financial statement package and management review for a group of captive clients, per GAAP, IFRS, SAP, and modified GAAP
  • Perform all accounting necessary for maintaining captive clients, including preparing and/or reviewing all general ledgers, reconciliation, and customized financial and managerial reports.
  • Training, oversight, and development of teammates
  • Work with all service providers including but not limited to auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs and bankers; acting as client point person to organize and coordinate all matters to effectively manage the captive clients.  Prepare and/or review regulatory filings, premium tax returns and NAIC filings
  • Responsible for regulatory interfacing with each domicile – onshore and offshore, consisting of domiciles such as Vermont, Arizona, Bermuda, Cayman Islands, Colorado, Connecticut, Delaware, District of Columbia, Georgia, Hawaii, Michigan, Missouri, Nevada, and South Carolina
  • Responsible for substantive audit review and compliance testing, involving drafting and reviewing audit reports
  • Monitor cash flow, prepare budgets and ad hoc reports.  Work with multiple accounting systems, including Acumatica and Velixo to prepare financial statements in accordance appropriate accounting basis
  • Maintain an appropriate level of confidentiality of information processed
  • Follow all company policies and procedures
  • Other duties as assigned

Qualifications:

  • CPA preferred
  • Bachelor’s degree in Accounting or related field
  • 8-12 years of experience in a position with similar duties
  • Ability to use initiative and good judgment in accomplishing tasks with minimal errors
  • Must possess critical thinking skills
  • Establish and maintain effective work relationships and function in a team environment
  • Excellent listening, interpersonal, and customer service skills
  • Proficiency in the use of personal computers, including data entry, word processing, and spreadsheet applications (Microsoft Office applications)

Pay Range

130000 - 130000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations. 

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.