Captive Account Manager

Captive Account Manager – Qualified Accountant 
 

The Company

WTW is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, WTW has 49,000 employees in more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.

At WTW, we believe in equal employment opportunities, and we are committed to developing a diverse workforce and creating an inclusive work environment where everyone is respected, valued and appreciated. Our global recruitment guidelines support this approach. Unlock your potential at WTW.

The Business 

WTW Captive & Insurance Management Solutions (“CIMS”) is a global team of risk finance, accounting, and insurance administration experts. We provide an integrated approach and a unique perspective to unlock potential in organizations’ risk financing strategies through captives and other insurance facilities. We are located where our clients need us, with captive management teams in domiciles around the world, and risk financing and captive consulting specialists in geographies where organizational risk strategies are evolving. 

Over 400 captive entities are under WTW management globally with annual premium flow in excess of $12.8 billion and total client captive assets of $69.8 billion. 

CIMS has over 210 dedicated employees, including qualified accountants, captive strategy consultants, underwriting and claims specialists, compliance and governance specialists and risk management specialists. 

The Role 

Job Summary 
An exciting opportunity has become available for an Account Manager to join our Dublin based captive management team. This is a fantastic opportunity for the right candidate to contribute to growth in an international risk and insurance environment as part of the WTW Group. This is a permanent position. 

Work Style 
This is a hybrid role. Initial induction and training will be in the Dublin office. Thereafter, all members of the team are entitled to work remotely if desired with the exception of attending the office (or other location as required) for client visits, quarterly Team Days or as business needs dictate. 

Principal Duties/Responsibilities
• Overall responsibility for management of a portfolio of (re)insurance companies.
• Responsible for ensuring that client companies under management comply with Central Bank
of Ireland regulations and filing requirements under Solvency II legislation and guidelines.
• Maintaining an on-going relationship with assigned clients and gaining an understanding of
the clients’ business and industry.
• Responsible for production of accurate and timely financial and management information for
our clients to facilitate effective decision making.
• Relationship management with owner/parent company, insurance regulator, directors,
auditors, actuaries, bankers, tax advisers etc.
• Account Management for specific clients:

o Work closely with underwriting team to ensure that each of our client companies’ reporting and control requirements are met in full, and on a timely basis.
o Review and or preparation of Management Accounts, and any other ad hoc reports and budgets, forecasts etc. in a format prescribed by our clients.
o Preparation and timely filing of all regulatory and statistical reporting requirements.
o Preparation of client companies’ year-end financial statements and liaising with external auditors.
o Monitoring of adherence to regulatory requirements including QRT submissions and the coordination of the ORSA.
o Monitoring and ensuring that each company complies with Irish Company Law.
o Liaising with tax advisors to ensure clients are in compliance with all relevant tax heads.
o Cooperate and liaise with the Heads of Function: Risk, Compliance, Actuarial and Internal Audit.
o Cash management and reconciliation in accordance with instructions provided by the Board, including liaison with the company’s Banks and Investment Managers and the production of appropriate reports.
o Liaise with client service team to coordinate client board meetings.
o Client entertainment, as required.
o Overall responsibility for organising and attendance of client board meetings including preparation and presentation of material.


 

Qualifications, Knowledge and Experience 

•Mandatory: Hold a professional Accounting Qualification (ACA/ACCA etc.)
• Mandatory: Relevant years of post-qualification experience
• Mandatory: Be a strong financial accountant with good knowledge of international accounting
standards
• Advantageous: Have experience of Irish Regulatory environment, including Solvency II
regime
• Advantageous: Have experience of (re)insurance accounting preparation
• Advantageous: Knowledge of captive insurance industry

Benefits - Ireland

At WTW Ireland, your wellbeing comes first.  Depending on your role, you'll receive either 23 days of annual leave plus up to 13 flexible days, or 25 days of annual leave with the option to add 5 extra days—giving you plenty of time to rest and recharge. You'll also benefit from a €1,500 health insurance allowance, life assurance, future-focused pension contributions, hybrid working options, educational support and a dedicated volunteer day.  Customise additional flexible benefits with extras like our share scheme, cycle-to-work programme, and enhanced optical cover. Start making the most of your career and wellbeing with a range of benefits tailored for you

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued, and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@wtwco.com