Captive Insurance Accounting and Reporting Director

Position Summary

The Captive Insurance Accounting and Reporting Director is a key leadership role responsible for overseeing the accounting and financial reporting functions of our captive insurance entities. This role requires a deep understanding of insurance accounting principles, excellent communication skills, and the ability to lead a team effectively.

What will your job entail?

Job Responsibilities:
• Direct the day-to-day accounting operations including oversight of accounts payable and receivable, and maintenance of the general ledger.
• Prepare and present accurate and timely financial statements and reports in accordance with applicable regulations and standards.
• Ensure all reporting and accounting activities comply with insurance industry regulations and standards.
• Identify and manage financial risks and opportunities related to captive insurance entities.
• Lead, mentor, and develop the accounting team, fostering a collaborative and efficient work environment.
• Continually review and improve accounting and reporting processes for efficiency and effectiveness.
• Communicate effectively with internal and external stakeholders, providing clear insight into the financial performance and position of the captive insurance entities.
• Contribute to the strategic planning and decision-making at the executive level to develop and implement accounting and reporting strategies that align with the company’s overall vision and its current and long-term business objectives.

Work Experience and Education:
· Bachelor’s degree in Finance or Accounting with 12-15 years of related experience.
· 5+ years of management experience.

Licenses & Certifications:
· Certified Public Accountant (CPA) or Certified in Captive Insurance (CCI) is preferred.

Technical/Functional Skills:
· Insurance Accounting
· Financial Reporting
· GAAP and Statutory Reporting
· Regulatory Experience

Behavioral Skills:
· Effective Communication
· Interpersonal Skills
· Attention to Detail
· Decision Making
· Problem-Solving
· Continuous Learning

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $120,000.00 - $150,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected]

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.