Senior Accountant & Captive Manager
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown's Risk Solutions Team, formerly Beecher Carlson, is looking for a Senior Accountant to join our Captive practice. As a Senior Accountant with our Captive team, you will manage the day-to-day accounting and financial activities of a portfolio of captive insurance companies, acting as focal contact person with senior management and our clients, with an opportunity to develop strategic and consulting skills.
Responsibilities include but are not limited to:
Captive Accounting & Financial Reporting
- Perform all accounting activities for assigned captive insurance entities, including general ledger maintenance, reconciliations, and customized financial and management reports.
- Prepare and review monthly and quarterly financial statement packages in accordance with GAAP, SAP, and modified GAAP, as applicable.
- Monitor cash activity, investment activity, and intercompany transactions to ensure accuracy and compliance.
- Prepare budgets, forecasts, and ad hoc financial analyses to support client and internal reporting needs.
Regulatory & Compliance Management
- Prepare and file regulatory submissions, including premium tax returns, NAIC Blank Forms, and other domicile-specific filings for captive insurance companies and Risk Retention Groups.
- Serve as the primary accounting contact for regulatory matters across onshore and offshore domiciles, which may include Vermont, Hawaii, District of Columbia, Bermuda, Cayman Islands, and other U.S. and international jurisdictions.
- Maintain current knowledge of regulatory requirements, accounting standards, and compliance obligations impacting captive clients.
Audit & Service Provider Coordination
- Lead audit preparation and substantive review activities, including drafting and reviewing audit schedules, financial statements, and supporting documentation to obtain clean audit opinions.
- Coordinate and communicate with external service providers, including auditors, actuaries, tax advisors, regulators, investment managers, and bankers, ensuring timely and accurate information exchange.
- Provide guidance on accounting developments, investment regulations, and compliance considerations affecting captive programs.
Client Engagement & Advisory Support
- Act as a trusted advisor and primary accounting contact for assigned captive clients, including participation in client, shareholder, and Board of Director meetings as needed.
- Present financial results and explain complex accounting matters in a clear, professional manner to non-technical audiences.
- Support client retention through consistent service delivery, responsiveness, and high-quality financial reporting.
- Other client service & support activities at the direction of management.
Systems & Process Management
- Utilize multiple accounting and reporting systems, including Acumatica, MAS 500, BizNet, Velixo, and Wings, to prepare and deliver accurate financial information.
- Identify opportunities to improve accounting processes, controls, and efficiencies while maintaining compliance and data integrity.
- Support internal initiatives related to system enhancements, documentation standards, and process consistency across the Captive Practice.
Qualifications:
- Bachelor’s degree in Accounting or a related field.
- Minimum of 5–10 years of progressive accounting experience, preferably within captive insurance, insurance, or financial services.
- Strong knowledge of GAAP and insurance accounting principles.
- Demonstrated ability to manage multiple clients and deadlines with minimal supervision.
- Strong analytical, critical thinking, and problem-solving skills.
- Excellent interpersonal, communication, and client service skills.
- Proficiency in Microsoft Excel, Word, PowerPoint, and enterprise accounting systems.
Preferred:
- CPA designation
- Experience with captive insurance companies and multiple regulatory domiciles.
Pay Range 110000 - 120000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
Recruiting Vendor Disclosure Statement
Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.” While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.
Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public. In certain situations, Brown & Brown may supplement its internal capabilities by engaging external recruiting vendors and employment agencies (“Recruiting Vendors”). Recruiting Vendors are not authorized to submit resumes, share candidate data, or directly or indirectly contact Brown & Brown employees to present candidates for employment opportunities. The only exception applies to Recruiting Vendors with an active Valid Agreement (as defined below) that has been approved by Brown & Brown. In accordance with this policy, and to ensure appropriate authorization for sharing candidate personal information, Brown & Brown will not accept unsolicited resumes from any source other than Authorized Recruiting Vendors with a Valid Agreement in place who have been expressly invited to support a specific role. Any unsolicited resumes, incomplete submissions, or candidate data received through any means (including email or otherwise) will be considered the property of Brown & Brown. Brown & Brown will not pay any placement or related fees for unsolicited submissions or candidate data provided in violation of this policy. Such submissions may be used by Brown & Brown without any obligation to pay fees of any kind to Recruiting Vendors. A Valid Agreement is defined as a written contract signed by an authorized representative of Brown & Brown. In the absence of a Valid Agreement, Brown & Brown assumes no liability under any legal theory, including but not limited to breach of contract, breach of implied contract, tortious interference, quantum meruit, any/or any other contractual or equitable claims in connection with candidates identified through unsolicited submissions made in violation of this policy.
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