We are seeking an experienced and strategic Director of Finance to lead financial operations for a portfolio of captive insurance companies. This role is responsible for overseeing financial reporting, regulatory compliance, client service delivery, and team leadership within a captive management environment.
The ideal candidate brings deep expertise in reinsurance and insurance accounting (GAAP/STAT/IFRS), strong client-facing skills, and experience managing multiple captive programs across diverse lines of business.
Key Responsibilities
Financial Oversight & Reporting
- Oversee monthly, quarterly, and annual financial reporting for a portfolio of captive insurance clients
- Ensure accuracy and timeliness of financial statements in accordance with GAAP, STAT, IFRS and regulatory requirements
- Oversee the preparation of audited financial statements and coordinate with external auditors
- Develop, manage and monitor the annual Budget and Forecast for the captive management company, along with regularly analyzing variances between budget and actual to support informed decision making
Regulatory & Compliance
- Coordinate with Compliance to ensure adherence to domicile-specific regulations
- Oversee preparation and filing of statutory financial statements and regulatory reports
- Maintain strong relationships with regulators and ensure adherence to captive insurance laws
Client Relationship Management
- Serve as the primary financial contact for clients, boards, and shareholders
- Present financial results and insights at board meetings
- Provide strategic financial guidance, including capital adequacy, dividend planning, and risk analysis
Leadership & Team Management
- Lead, mentor, and develop a team of finance and accounting professionals
- Manage workload allocation across multiple client engagements
- Foster a high-performance, client-focused culture
Strategic & Operational Support
- Support captive formations, feasibility studies, and financial modeling
- Partner with underwriting, actuarial, and operations teams
- Drive process improvements and implement best practices across the finance function
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (CPA strongly preferred)
- 8–12+ years of experience in insurance or captive management accounting
- Strong knowledge of GAAP, Statutory and IFRS accounting principles
- Experience with captive insurance structures (Single-parent, reinsurance, group captives, RRGs, etc.)
- Experience with lines such as GL, PL, Property, Workers Compensation and other non-traditional risks
- Proven leadership experience managing teams and client relationships
- Excellent communication and presentation skills
Preferred Experience
- Reinsurance Accounting experience
- Experience working with multiple domiciles (U.S. and offshore)
- Background in public accounting or consulting within insurance/captives
- Experience with financial systems and reporting tools
#LI-JW1
#LI-HYBRID
Click here for some insight into our culture!
The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.