Account Executive/Assistance Vice President
Marsh Management Services (Cayman) :td
Grand Cayman · George Town · Full-time · USD$62,000 - USD$130,200 Per Annum (paid Bi-Monthly)
The Account Executive is responsible for the day-to-day management and oversight of a portfolio of captive clients, consisting of single parent captives, group captives and reinsurance companies. He or She should develop and foster long-term strategic relationships with a portfolio of clients, and are responsible for retaining, servicing and expanding clients. He or She is an established, independent individual contributor, whose work has a direct impact on the Marsh Cayman Team's overall performance and results.
What is in it for you?
• Being part of the Marsh McLennan businesses; a premier global brand with strong financial results.
• Competitive salary with full comprehensive benefits programs including: health insurance, life insurance, STD/LTD, generous pension contributions, employee assistance program, generous paid time off for vacation, sick, company holidays and time to give back to your community via volunteer opportunities and other programs.
• Working with the most innovative and respected insurance colleagues in the industry
We will count on you to:
• Develop and foster long-term strategic relationships with a portfolio of clients, and are responsible for retaining, servicing and expanding clients.
• Collaborate with the Marsh Cayman Team to provide comprehensive service solutions that meet exceed the client's needs.
• Prepares or performs technical review of financial statements in accordance with US GAAP and IFRS
• Manages the financial audit process for clients with the auditors
• Establishes and maintains good working relationships with clients, other service providers, regulators and colleagues
• Coordinates timely and knowledgeable responses to questions and requests from clients
• Functions pertaining to regulatory compliance by clients
• Participates in and coordinates client meetings, including presenting at Board Meetings
• Assist colleagues in relation to Fee budget, Fee negotiations & expansion of services to clients
• Assist colleagues in the preparation of licence applications for new insurance companies and develop relationships with prospects and new clients.
• Participate in local and global Marsh working groups with regard to various pertinent projects, including best practices working groups
• What you need to have:
• Internationally recognized professional accounting qualification with public accounting experience (CPA, ACA, CA)
• Minimum of a 2 years of recent captive management experience or insurance industry experience
• Excellent communication skills with the ability to present to Board of Directors at meetings in both Cayman and elsewhere (requiring travel outside office hours)
• Basic knowledge of Cayman Islands insurance law, regulations, rules and regulatory statements of guidance
• Familiarity with international regulatory standards for the insurance industry is preferred
• Strong organizational skills
• Ability to work as part of a team & willingness and ability to work outside regular office hours
• Strong knowledge of captive industry and insurance accounting
What makes you stand out?
• Audit experience
• Minimum of 2 years of recent supervisory or managerial experience
• Ability to co-ordinate, participate and lead client meetings
• Ability to research complex matters independently
• Ability to adapt to changing priorities and to multitask