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Senior Account Manager - Captive Insurance

Employer
Marsh & McLennan Companies, Inc.
Location
Dublin, Ireland
Salary
Competitive
Closing date
Oct 17, 2024
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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Company:
Marsh

Description:

What can you expect:

This permanent role is based in Dublin but allows for flexibility in location and working from home. The team is responsible for management of captive (re)insurance undertakings and Section 110 companies. The Senior Account Manager reports to a Client Team Leader and be part of a team of 25+ colleagues.

What you will be rewarded with:

Our employees enjoy excellent benefits such as:
  • Competitive salary with annual review
  • Up to 12% pension contribution
  • Healthcare cover
  • Study Support
  • Flexible working
  • Sports & Social club
  • Paid annual leave and ability to purchase additional leave days
  • Travel ticket/bike to work/dental are optional
  • 35 hour working week

The role encompasses both account executive and management responsibilities for a portfolio of (re)insurance companies.

We will rely on you to:
  • Act as the main client contact and be responsible for the total management of portfolio of (re)insurance companies.
  • Proactively lead and co-ordinate the activities of the team allocated to each client account and be the focal point for the overall management of accounts, audit and regulatory reporting.
  • Ensure that clients' accounts (including statutory accounts) are produced and delivered in accordance with all relevant standards and agreed timetables.
  • Monitor and ensure that the business conducted by these companies is in compliance with relevant insurance and company legislation and corporate policies adopted by the directors.
  • Give guidance on compliance matters, such as Regulator expectations and feedback and experience of other client companies.
  • Co-ordinate and oversee work carried out by the Assistant Accountant allocated to each client company.
  • Maintain regular contacts with clients arranging meetings and Board meetings with Principals and agree agendas, travel, accommodation and entertaining arrangements
  • As leader of the account management team develop excellent working relationships with other team members
  • Work closely with insurance team colleagues on all matters concerning client premium receipts, premium tax and claims payments and reserving.
  • All information required by clients is delivered to them in accordance with agreed timetables
  • All quarterly and annual Solvency II regulatory returns are filed with the Central Bank of Ireland in accordance with filing deadlines
  • The revenue accounts and balance sheet are prepared in accordance with generally accepted accounting principles and the timetable laid down by the Principal
  • Monitor and report on client company investments
  • Ensure the timely completion and filing of client company tax returns
  • Oversee all company secretarial matters in conjunction with the appointed company secretary for each client company
  • Support and be responsible for negotiating & collecting fees with the Client Team Leader

What you will need to have:
  • Qualified Accountant with some years PQE
  • Strong interpersonal skills and ability to deal with senior stakeholders i.e. MD/CFO
  • Ability to hit deadlines and exceed expectations
  • Ability to be commercially aware and help wider business identify service gaps.

What makes you stand out:
  • Accountancy experience
  • Strong understanding of EU solvency requirements and reporting.
  • Experience of managing large scale/long established client relationships/ business partnering - multinational company experience desirable.

MARSH

Marsh is the world's leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annualized revenue approaching $17 billion. Through its market-leading businesses, including Mercer, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive.

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