Job ID:
62792
Published date:
11/09/2025
Summary
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ROLE OF ACCOUNT EXECUTIVE
GENERAL
- Responsibility for the management of a portfolio of captive and commercial (Re)insurance companies and accounts within a segregated accounts company.
- Responsibility for producing accurate accounting, underwriting and company secretarial information on a timely basis to enable the client Boards and controllers to make informed decisions.
- Liaising with the parent company, insurance regulator, directors, service providers etc in respect of the above.
- Advising senior management of issues of significance in respect of the above.
SPECIFIC
INSURANCE
- Policy administration and documentation
- Claims administration including reporting and recording
- Liaison with insurance and reinsurance brokers as required
- Underwriting decisions in conjunction with Directors, renewals and new business
- Checking the risk gap
- GFSC approvals of changes to business plans
- Obtaining Board approval
- Checking insurance documentation
- Accounting for premiums
- Agreeing reserving methodology
FINANCIAL
- Production of management accounts, statutory accounts and information, budgets, cashflow statements, and supplementary information as required.
- Assisting with the adoption of appropriate accounting practices and ensuring adherence thereto.
- Monitoring margins of solvency
Live Accounting
- Monthly bank reconciliations
- Monthly posting of bank investment transactions
- Monthly posting of monthly bordereaux
Cash
- Managing day to day cash requirements of companies
- Liaising with banks
- Liaising with and monitoring investment managers in respect of client invested funds.
COMPANY SECRETARIAL
- Performing relevant company secretarial functions including occasionally taking and producing minutes of meetings and required statutory filings.
- Ensuring minutes produced and circulated within seven days of meeting.
- Produce action points immediately after minutes are produced and add to “To Do Lists”
- Actioning matters arising.
- Arranging AGM
- Maintaining Corporate Governance framework and procedures manual
- Scheduling of Key Actions
- Statutory Filings:
- Guernsey Registry return
- Tax returns
- GFSC Annual return
Board Meetings
- Co-ordination of board meetings. Producing board pack to agreed standards and timing (7 days prior to meeting). Attending meetings and leading discussions as necessary
- Entertaining clients as required
- Checking client travel arrangements
- Booking Boardroom
- Overnight arrangements (Dinner, taxis, hotels etc)
- In-house lunch or book restaurant.
- Maintaining contact with local directors and keeping them advised of developments with client.
TRAINING
- Undertaking appropriate and relevant training and development
- Assisting with training of colleagues where relevant.
GENERAL RESPONSIBILITIES
- Maintaining an ongoing relationship with the client.
- Visiting the client at least annually
- Socialising with client wherever appropriate
- Understanding the client's business and industry.
This role reports directly to a Client Service Director / Team Leader
ID 70515