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 25,000 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.
The successful candidate will exemplify Marsh’s IGNITE Operating Principles, the behaviors that guide our conduct and growth - In Touch: Get out in front by being informed and being connected; Genuine: Be authentic with clients and each other; Nimble: Be flexible and move quickly to deliver quality results; Inclusive: Be open to diverse ideas, experiences and backgrounds; Trusted: Stand for integrity and ethical behavior; and Engaged: Actively participate in making Marsh extraordinary.
We are seeking a Account Manager II in our Captive Management department.
Responsible for the day to day management of a portfolio of clients, the number of which will vary depending on the complexity and size of the companies’ programs and the clients’ information requirements. The account executive and account manager work very closely together and if either should be absent from the office the level of service received by the client should not be affected.
Maintain all financial records.
Prepare periodic financial statements.
Monitor premium cash flow to maximize investment income.
Manage local and overseas bank accounts.
Administer investments in accordance with pre-determined guidelines.
Collect premium receivables.
Pay claims based on claim guidelines.
Monitor aggregates on Insurance policies.
Pay general and administrative expenses.
Plan and complete annual audit
Prepare and file the Statutory Financial Return.
Liaison with brokers and front for renewal of insurance programs, if no Insurance Officer.
Monitor compliance with local laws and regulations.
Liaison with the local law firm which provides Corporate Secretarial services.
Liaison with the Supervisor of Insurance if rulings or exemptions are required.
Arrange Board of Directors and Annual General Meetings as required.
Ensuring the Account Executive and Marsh overseas client executive is copied on all relevant correspondence
Maintain the permanent file and company information sheet for each company
Maintain client documents, either hardcopy or computer stored, under standard filing systems.
Supervise account administrator(s).
University degree required plus professional accounting designation.
2 to 4 years experience.
Marsh & McLennan Companies and its Affiliates
are equal opportunity employers Marsh & McLennan Companies - 10 months ago