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Captive Account Executive, Barbados

Job description

Reporting to the Managing Director, Vice President and Assistant Vice President, the AE Manages a portfolio of captive insurance companies and has the responsibility for the preparation of management financial statements for several captive insurance companies and coordination of the year-end audit of these companies. The AE will require a high level of interaction with outside agencies and client supervisors, thus excellent verbal and written communication skills are required. In some cases, the AE will be responsible to act as the primary contact for captive clients.

Specific Responsibilities

  • Providing accounting services to a portfolio of captive insurance companies
  • Preparation of monthly / quarterly management financial statements and management reports
  • Recording of premiums, claims, and reserves
  • Coordinating financial statement audits
  • Preparing for and attending board meetings, presenting financial results and key information to Board of Directors
  • Preparing financial forecasts and budgets
  • Reviewing and authorising payments
  • Analysis and recommendation on complex financial transactions
  • Participating in ad-hoc projects as assigned
  • Develop & maintain strong internal & external client relationships
  • Ensure effective and responsive communication with Captive team
  • Comply with regulatory and other standards as directed by Management

Qualifications and Experience

  • A professional accounting designation CA, CPA, ACA or ACCA is desired
  • Previous accounting experience in captive insurance or reinsurance, experience in the international insurance industry or in the audits of such entities would be advantageous
  • The ability to work independently to meet strict reporting deadlines
  • Team oriented with excellent communication and interpersonal skills
  • Familiarity with International Financial Reporting Standards, US and Canadian GAAP would be advantageous
  • Being highly organised and proficient with MS Office applications
  • Problem solving and analytical skills

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At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.