Aon is currently recruiting for the position of Assistant Vice President to join their team in the Cayman Islands. The AVP will be a chartered professional accountant and will conduct the final review of their direct reports financial statement working papers and support the team with any client or technical issues that arise. The AVP will be a key relationship lead on captive insurance and reinsurance accounts and will have strong relationships with clients, representatives and regulatory agencies.
Aon Captive & Insurance Management is an integral part of Aon Global Risk Consulting. Our 460 captive professionals manage over 1,000 captives across 39 domiciles worldwide, representing more than 15% of the global captive market. We are committed to outstanding customer service and innovation, and by having access to one of the biggest global network of experts in the insurance, reinsurance, actuarial and consulting space we help our clients to create opportunities and economic efficiencies.
Aon Insurance Managers (Cayman) Ltd. (Aon Cayman), a division of Aon’s Global Risk Consulting practice, specializes in providing alternative risk transfer, risk finance & management services to captive insurance and reinsurance companies. Aon Cayman is a market leader providing management services to 95+ client companies.
About the Role
In addition, responsibilities will also include:
Primary responsibility for the captive and reinsurance accounting function and conducting the final review of financial statements prepared by the team
Act as relationship manager and liaison between client and captive service team
Drive business development strategies, manage prospective opportunities and monitor competitor strategies
Analyze and approve complex financial transactions
Prepare board meeting materials and deliver impactful presentations of financial and other relevant information to key stakeholders
Responsible for distributing work allocations and coordinating the workload of the team
Drive operational excellence within the team and recommend improvements where needed
Develop policies and procedures
As a senior leader, oversee the financial audit process
Responsible for upholding compliance and regulatory obligations ensuring applications and filings are submitted on time
Manage and build relationships with regulatory agencies and clients
Deliver a high level of client service
Participate and lead team in driving projects to completion
About you
As an Assistant Vice President, your skills and qualifications will include;
A professional accounting designation CA, CPA, ACA, ACCA or other equivalent qualification is required;
Previous accounting experience in captive insurance or reinsurance and an audit background is required;
10 years’ previous accounting experience, preferably in captive insurance/reinsurance management and audit;
Previous client facing exposure at board of directors level a must; and
Previous supervisory experience required.
Salary and Benefits
This role offers a competitive salary in the range of USD 115,00 – USD 130,000 per annum. Exceptional benefits include health insurance, pension plan, vacation, life insurance, long-term disability, savings plan and continuing education/professional development opportunities combined with tremendous potential to grow your career in a global organization. This is a full-time position. Standard office hours are Monday-Friday 8:30 am to 4:30 pm or 9 am to 5 pm. As a professional and managerial role, overtime may be required.
This vacancy is listed on WORC, the Cayman Islands government job portal. Applications go through the official channel.
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