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Account Administrator - Captive Solutions - Marsh - Burlington, VT: Marsh

Job IDBUR0004M
Company NameMarsh
Job CategoryInsurance
LocationBurlington, VT
Position TypeFull-Time, Employee
Experience1-2 Years Experience
Desired Education LevelOther
Date PostedOctober 30, 2009

As the world's leading insurance broker and risk advisor, Marsh is devoted to finding the opportunity in risk. Companies look to us to help them navigate the daunting global risk landscape, seeing risks others don't and unlocking opportunities others can't. With 22,000 employees and annual revenues approaching $5 billion Marsh serves more clients in more industries worldwide than any firm in our industry. We are looking for talented professionals to join our team.

We are seeking an Account Administrator in our Captive Management group. This position is responsible for accounting, regulatory compliance and administrative functions for a portfolio of captive insurance companies and other clients.
Responsibilities include:
  • Preparation of financial statements in an accurate and timely manner.
  • Reconcile cash and investment accounts.
  • Prepare bank deposits and cash disbursements.
  • Assist account manager(s) with audit and actuarial activities.
  • Prepare regulatory filings.
  • Work with account manager(s) to ensure on-going compliance with Vermont captive insurance regulations.
  • Assist account manager(s) with triennial examination by the Vermont Department of Banking, Insurance, Securities and Health Care Administration.
  • Assist with policy issuance, certificates of ins. and other ins. documentation.
  • Bill and collect premiums.
  • Track and reconcile claims activity.
  • Obtain documentation for reinsurance programs.
  • Maintain client files in accordance with the Marsh standard filing system.
  • Maintain client contact as needed.
  • Maintain availability for special projects requested by account manager(s) and clients.
  • Monitor and document team and client activities to prevent and detect problems.
  • Prepare memos and other correspondence.
  • Correspond with other service providers.
  • Maintain client and office databases.
  • Investigate outstanding issues on client accounts.
  • Prepare meeting materials and participate in the annual board of directors' meeting and other client meetings.
  • Attend annual conference of the Vermont Captive Insurance Association and other seminars as appropriate.
  • Perform other job-related duties as assigned.
  • Associates degree in Accounting or a minimum number of accounting courses with a committment to complete
  • Associates degree in accounting.
  • Required accounting courses: Accounting I, Accounting II and Intermediate Accounting I.
  • Previous relevant job experience a plus. Skills: Client focus, financial management, leadership, communication and technical skills
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