Account Manager – Captive & Insurance Management (Cayman Islands)

The Account Manager will be primarily responsible for the preparation and management of financial statements for several captive insurance and reinsurance companies and coordination of the year-end audit of these companies. In addition, the Senior Account Manager will be responsible for the supervision of assistant accountants on specific client assignments. The role will require an elevated level of interaction with outside agencies and client supervisors and in some cases, the Account Manager will be responsible to function as the primary contact for captive and reinsurance clients.

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Inputting of incoming insurance cessions
• Inputting of premiums, claims, and reserves
• Maintaining cash book
• Preparation of bank reconciliation
• Settlement of accounts receivable and accounts payable
• Updating investment schedules
• Calculating and preparation of accounting accrual entries
• Preparation of management financial statements
• Preparation of quarterly management reports
• Coordination of financial statement audit
• Presentations to captive Board of Directors
• Preparation of financial forecasts and budgets
• Authorization of payments
• Analysis and recommendation on complex financial transactions
• Projects and assignments as assigned

The position is responsible for supervision and training of assistant accountants for various clients.

How this opportunity is different

Aon Cayman can trace its origins back to 1975, as part of the International Risk Management Group (IRMG). We have a long standing, active presence in Cayman and are pleased to note that many of our clients from those early days continue to be served by our office. The Aon Cayman executive management team is strong, diversely qualified and possesses a breadth of multi-service expertise and experience across accounting, underwriting, broking, captive consulting, claims, and regulatory disciplines that is unrivalled in the Cayman market.

Skills and experience that will lead to success

Qualified Accounting designation of e.g. CPA, CA, ACCA, or equivalent, accompanied by prior work experience in the captive insurance industry or in an audit firm – is desired. Attention to detail and accuracy are necessary. Analytical skills. Strong interpersonal skills, and prior client management experience is highly desirable.