Marsh Management Services is the exclusive captive solutions division of Marsh Inc., which includes providing advice, implementation, management and actuarial services. Marsh Management Services is seeking candidates for the following position based in the Bermuda office.
Account Manager
What can you expect?
The Account Manager is responsible for the daily management and accounting functions for a portfolio of clients that consist predominantly of insurance entities, captives, reinsurance pools, and syndicates, as well as various client finance companies, investment partnerships and holding companies.
What is in it for you?
Being part of the Marsh McLennan businesses; a premier global brand with strong financial results, working with the most innovative and respected insurance colleagues in the industry.
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, volunteer opportunities, and other programs.
We will count on you to assist/manage:
Acts as account manager for a portfolio of accounts
Serves as a client contact for day-to-day needs and answers standard or more difficult client questions to improve the client experience
Prepares captive financial and statistical reports in accordance with US, GAAP or IFRS, as well as the insurance regulatory environment
Prepares regular financial commentaries to accompany financial statements
Manages audit and regulatory reporting
Establishes and maintains good working relationships with clients, prospects, client teams, and colleagues
Partners with the insurance team
Partners on fee negotiations, management agreements and time reporting
Ensures regulatory compliance
Participates in and coordinates client meetings including preparation and presentation of financial information for those meetings
What you need to have:
An internationally recognized professional accounting designation (e.g. ACCA, CA, CPA)
Minimum of 2 years recent captive management experience
Experience in financial reporting under GAAP and IFRS as well as the insurance regulatory environment and procedures
Proficiency with Microsoft Office – Word, Excel, PowerPoint, Outlook
Familiarity with captive policy structures and tax issues
What makes you stand out?
Audit experience
A minimum of 2 years of recent supervisory or managerial experience
Be a motivated self-starter, able to work with a minimum of supervision and with a keen appreciation for the importance of quality service to our clients
High sense of personal accountability, organized with an acute attention to detail
Ability to provide training to junior members in the team
Ability to manage own workload as well as work as part of a team – must be able to work under pressure
Ability to adapt to changing priorities and handle multiple tasks
Applicants may only apply via our website, www.marsh.com/us/careers.html.
Closing date: 8 January 2025 Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.
Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.