Now Hiring - Willis Towers Watson plc. - Account Executive in Burlington, VT

Full description of the position

Description ACCOUNTANT - CAPTIVE MANAGEMENT ACCOUNT EXECUTIVE Under general direction, the Account Executive is responsible for the provision of management services to a portfolio of captive insurance companies. Ensures strong relationships with client, regulators, captive directors and key service providers. Works as part of the Client Service Team, as well as interacts with clients, prospects, regulators and external service providers. Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. The Role New Business * 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. Insurance * 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. Finance/Regulatory * 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. Management * 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. Qualifications The Requirements * 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 EOE, including disability/vets