Aon is currently recruiting for the position of Vice President to join their team in the Cayman Islands.
Aon is in the business of better decisions!
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
The Vice President (“VP”) is responsible for leading captive service teams overseeing a portfolio of captive insurance and reinsurance accounts. The VP will support the team with any client or technical issues that arise. The VP will be a key relationship lead on captive and reinsurance accounts and will have strong relationships with clients, representatives and regulatory agencies. The VP will be a strategic leader on both their client portfolio and general office growth and development.
Core responsibilities to include:
Lead and motivate a captive management team with responsibility for the day-to-day oversight of a portfolio of captive insurance/reinsurance companies.
Primary responsibility for the strategic development of clients under management.
Act as a relationship manager and liaison between client and captive service teams.
Support team on complex financial transactions.
Drive business development both organically and through new relationships.
Attend industry conferences and present at conferences if/when requested.
Oversight on distribution of work allocations and coordinating the workload of the team.
Overseeing operational excellence within the team and recommending improvements where needed.
Develop policies and procedures.
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.
Oversight of project management.
Supervision Responsibilities
The VP will participate in the performance management process for direct reports, providing constructive feedback, assisting with objectives/goal setting and supporting career development initiatives and acting as a mentor and coach to direct reports and team members.
About you
Bachelor's degree in Accounting, Finance, Insurance, Business Administration, or related discipline.
Must possess a professional accounting designation (CA, CPA, ACCA, ACA, or equivalent qualification).
10+ years’ previous accounting experience, preferably in captive insurance/reinsurance management and audit.
Proven client relationship management experience in captive insurance and reinsurance management.
Demonstrated experience leading and supervising professional teams.
Excellence in strategic thinking and planning.
Ability to lead, motivate and support a team.
Strong financial, insurance and reinsurance background is essential.
Highly organized individual able to prioritize workload, both their own and other staff members.
Excellent interpersonal and communication skills.
Deliver business results with excellence.
Strong knowledge of captive insurance structures, governance, regulatory compliance, financial reporting, and insurance operations.
Proficient knowledge of Excel, MS Word and accounting applications.
Deliver effective and impactful presentations at board meetings to key stakeholders.
Ability and willingness to travel internationally.
Salary and Benefits
Aon offers competitive compensation with a salary in the range of USD130,000-USD145,000 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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