Senior Accountant - Accident & Health Captives

Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management liability, professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking, and construction industries.

At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of over $1.7 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.

We are committed to a Diverse Workforce

Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com

The Accountant/Senior Accountant Captive Accounting is responsible for day-to-day financial activities related to A&H Stop Loss Captives. This includes creating month end journal entries, statements for captive members, internal management reporting, including the analysis and interpretation of data, systems and data flows, maintenance of the general ledger and support of the finance control environment. The role also includes tracking and reporting collateral for all captives and captive members.

Principal Duties and Responsibilities

• Oversee the month end close and manage the preparation of captive monthly journal entries and account reconciliations
• Prepare and distribute cessation report for each captive monthly
• Share data with Actuary
• Track and report captive collateral
• Prepare monthly captive transfers
• Review general ledger items for correct accounts
• Review, analyze, report, and interpret financial reports
• Review, analyze and report captive claim payments, including xs claims
• Prepare monthly Blackline reconciliation for captive g/l accounts
• Assist with preparation of audit work papers  
• Review captive checklists for accuracy and enter into SkyVue
• Add new captive information into SkyVue
• Update SkyVue with rates for all captive members, including new and renewal information
• Review Captive Reinsurance Agreements
• Prepare draft Schedule F
• Perform various projects and analysis as required
• Other responsibilities as assigned

• Bachelor’s degree in accounting is required
• Experienced professional with 4-5 years’ experience in corporate accounting and general ledger; some captive experience preferred

Knowledge, Skills and Abilities.

• Strong organizational skills to manage daily responsibilities
• Must have strong math and analytical skills
• Detail oriented; able to multi-task; enjoy fast paced environment
• Technical aptitude for multi-systems
• Solid understanding of GAAP
• Demonstrate an understanding of the business operation, objectives, and metrics
• Propose ideas for efficiencies and streamlined processes
• Work cohesively in a team-oriented environment with other financial staff, underwriting, sales, and actuarial staff
• Ability to work in a fast-paced and multi-tasking environment, with minimal direct supervision
• Advanced knowledge of Microsoft financial application products
• Must be able to analyze complex data and prepare a variety of reports intended to advanced insurance knowledge and experience
• Expresses objectives, procedures, results, and business impacts clearly and logically in both written and verbal form
• Consistently identifies issues, root causes and makes business-focused recommendations

Compensation & Benefits

The applicable base salary for this opportunity is $75,000.00 - $95,000.00.  The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements.  In addition to the base salary, this opportunity is eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs.