Job Description

VICE PRESIDENT \xe2\x80\x93 CAPTIVE INSURANCE \xe2\x80\x93 BERMUDA \xe2\x80\x93 ONLY 9% TAX \xe2\x80\x93 HR315

About this opportunity

Our client is a leading professional services firm in Bermuda and manages approximately 300 re/insurance entities with a multidisciplinary team of over 55 professionals.

The company is seeking to employ a Vice President in the Captive Management Division. The successful applicant will be responsible for the day-to-day management of a team that is dedicated to servicing a portfolio of captive insurance clients. As a member of the management team, the Vice President will also be responsible for ensuring that company quality standards, growth and profitability requirements are met with respect to his/her own portfolio of client accounts. The position will involve businessrelated travel.

Key responsibilities:

• Lead and enhance client relationships utilizing the company Client Value Creation methodology
• Overall ownership of an allocated captive portfolio including growth and profitability targets and ensuring quality standards are met for all deliverables
• Maintenance and development of the company and other external service provider relationships including auditors, investment managers, actuarial and tax consulting
• Participation in client meetings; including assuming of director and/or officer roles
• Lead, train and develop colleagues in order to meet client needs and maintain the necessary expertise
• Participation in new business development
• Ensure that all financial, insurance and management activities are performed efficiently, effectively and accurately
• Review and approval of management and audited financial statements
• Review and approval of regulatory reporting requirements
• Liaise with company compliance and the BMA to ensure that all legal and regulatory requirements are met in a timely fashion

What you\'ll need

• An accounting designation (CA, CPA, ACA, ACCA)
• Insurance designations would be beneficial
• A minimum of 7 years of relevant experience in the captive insurance industry
• Working knowledge of alternative insurance products including Segregated Account Companies and Special Purpose Insurers
• A comprehensive understanding of relevant Accounting Standards (US, IFRS and UK GAAP) and their application to insurance companies
• A comprehensive understanding of The Bermuda Insurance Act and regulatory environment
• Knowledge of US taxation as it applies to captive insurance companies would be beneficial
• A strong track record of client service including commitment to meet tight deadlines, which may involve working evenings and weekends
• Strong communication and organizational skills
• Strong computer skills, specifically with Microsoft Office Software, such as Excel and Word and familiarity with insurance based accounting systems
• Prior supervisory and personnel management experience

How to apply

• To apply, attach your r\xc3\xa9sum\xc3\xa9 or include a link to your LinkedIn profile
• If you don\'t provide one of the above, we can\'t progress your application

In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, together we\'ll help make it happen.

Hamilton Recruitment