Senior Accountant, Captive Management

Who We Are:

Founded in 2018 and headquartered in Columbus, Ohio, Foxen provides innovative insurance compliance solutions and financial services for the mutual benefit of property owners, managers, and residents in multifamily real estate. Foxen is comprised of technologists and developers, insurance and finance professionals, and property management industry veterans. We leverage extensive expertise and collaboration to deliver technology-driven solutions that seamlessly meet the needs of our customers. Foxen’s products revolutionize flawed and antiquated processes, while simultaneously creating property revenue and financial wellness for residents. 

Job Overview:

As Sr. Accountant, Captive Management, you will play a crucial role in managing the financial operations and reporting of captive insurance entities. This position involves preparing accurate financial statements, ensuring compliance with regulatory requirements, analyzing financial data, and providing strategic support to optimize the financial performance of the captive. You will report to Foxen’s Controller, while partnering closely with Foxen’s Sr. Director of Captive Management to communicate with senior captive owners, service providers, and regulators. Our ideal candidate will have a strong background in accounting, insurance, and captive management.   

• Financial Reporting: 
• Prepare monthly, quarterly, and annual financial statements for captive insurance entities 
• Ensure accurate and timely submission of financial reports to regulatory authorities and stakeholders 
• Maintain and reconcile general ledger accounts specific to captive insurance operations 
• Reconcile reinsurance cession statements 
• Collaborate with underwriting, claims, and insurance operations teams to ensure alignment between accounting and operational activities 
• Manage client financial audits and collaborate with external auditors to ensure compliance with statutory requirements 

• Regulatory compliance 
• Ensure compliance with relevant laws and regulations governing captive insurance 
• Assist with the preparation and submission of regulatory filings, including statutory financial statements and tax returns 
• Liaise with auditors, regulators, and other external parties as needed 
• Prepare for and attend client Board of Director meetings 
• Non-routine Client Management

• Non-routine Client Management 

• Independently perform special requests for clients, which may include tasks such as business plan changes preparing financial proformas, or analyzing new agreements

• 5+ years of financial accounting experience; with at least 3 years in captive management experience 
• Bachelor’s degree in accounting required 
• CPA or equivalent is a plus but not required 
• Experience in preparing financial statements with Generally Accepted Accounting Principles (GAAP) 
• Experience with tax reporting requirements for captive insurance entities 
• Proven ability to work effectively both in a team environment and independently to meet deadlines and satisfy the needs of the client  
• Demonstrate analytic thought and the ability to think and complete tasks in dependently 
• Proven experience in a client-facing role, with the ability to maintain strong, positive relationships with clients. Demonstrated ability to understand client needs, communicate effectively, and deliver work products that meet or exceed expectations 
• Excellent verbal and written communication skills 
• Excellent organization skills area must 
• Proficient in Microsoft Office Suite, particularly Excel and PowerPoint 
• Experience with financial accounting / general ledger accounting software, preferably NetSuite 

What We Offer:

As a Senior Accountant, Captive Management, you will receive competitive pay, bonus opportunities and a robust benefits package. Our benefits include your choice of three health insurance plans, voluntary dental, vision, short-term disability, long-term disability, life insurance, paid time off, paid holidays, a 401k with 4% company match and a yearly learning & development stipend. This is a full-time exempt position, reporting to the company’s Controller. Occasional travel may be required to attend training and other company functions.