Captive Insurance Accounting

Mandatory :

• Responsible for all client accounting, tax, regulatory, treasury and other company administration issues and ensuring all agreed timetables and deadlines for financial, regulatory and Board reporting are met
• Liaises with the Rolling Meadows, Hawaii, South Carolina and Vermont offices
• Prepares client financial statements, including input to, and maintenance of, the accounting records
• Ensures compliance with relevant accounting standards (GAAP)
• Performs bank and investment account reconciliations
• Record keeping of all day to day transactions
• Prepare monthly/quarterly financial reporting packages
• Assist in the management of the external audit process of the financials by acting as a key contact and by providing all requested information to the client companys auditors
• Prepares budgets, forecasts and any other financial reports that may be requested by the client from time to time
• Ensures investment of client funds in accordance with Board instructions/strategy
• Prepares and files all premium tax returns and ensures all relevant tax compliance
• Maintaining accurate business plans
• Performs regular solvency and capital adequacy monitoring
• Prepares and files the annual insurance return to the domicile
• Prepares and makes all necessary filings with the domicile
• Any other duties as reasonably

Shift Timings:

3.00 PM to 12.00 AM - IST (Sat & sun Off)

During month end/ Finance close need to work in 6.00 PM to 3.00 AM

Preferred candidate profile:

3+ years of experience

Must have experience in Captive Insurance Accounting

Qualifications:

Any Graduates or post Graduates in finance

Perks and benefits:

Hybrid- Once in a quarter need to work from office for 5 days