Captives Insurance Account Executive (Lead Accountant)
New Business
To assist in the development of new business for the Company
Give input to the creation of a marketing and new business strategy.
Implement marketing and new business strategy.
Identify new business opportunities (including cross-selling opportunities) within existing client base.
Take responsibility for a number of new business development projects.
Promote the Company within and outside the Willis Group.
Provide technical advice on request within the Practice.
Insurance Liaison
With insurance broker and reinsurance brokers as required.
Underwriting decisions in conjunction with the Client Service Team and the Practice Underwriting resources, as appropriate.
Monitoring of exposures and risk transfer pricing within assigned portfolio.
Oversee regulatory approval for changes to the business plan.
Oversee Board approval for underwriting decisions.
Finance/Regulatory
Finance/Regulatory Monitoring of domicile solvency and capital requirements.
Obtain regulatory approval of changes to business plan.
Obtain board approval for underwriting decisions.
Accounting for premium.
Agree reserving methodology.
Ensure the production of management accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as required.
Manage cash requirements of the companies.
Liaise with and monitor investment managers in respect of invested funds.
Assist Client Service Team with co-ordination of board meetings.
Ensure timely production of board papers.
Ensure timely production of minutes and review prior to distribution.
Action matters arising from client meetings.
Ensure relevant company secretarial functions are performed in a timely manner.
Ensure compliance with Corporate Governance.
Management
Participate in and provide input on strategic and major operational issues.
Assume responsibility for a specific area of company strategy.
Implement policies adopted by the Practice.
Contact is maintained with all client directors and that they are advised of any developments.
Keep Practice leadership apprised of client developments.
Entertain clients & prospects as required.
Support Senior Principal in performing board insight, perspective & thought leadership as required.
Understand the importance of WEM and the WTW code of Conduct and works to be seen as a role model in the office.