Willis Towers Watson's Captive Solutions
Willis Towers Watson's Captive Solutions team delivers customized, data-driven insurance management services across Corporate Risk and Broking, Human Capital and Benefits, and Investment, Risk and Reinsurance. As part of this highly specialized group, the Account Executive is responsible for managing a portfolio of captive insurance companies by providing strategic, operational, and financial oversight tailored to each client's unique risk profile. Reporting to senior leadership and working closely with clients, regulators, and service providers, the Account Executive plays a critical role in shaping underwriting strategy, ensuring regulatory and financial compliance, and delivering timely, high-quality board and management reporting. The role also contributes to new business development by identifying growth opportunities, supporting marketing initiatives, and offering expert technical guidance. The ideal candidate brings at least 15 years of experience in captive insurance and financial services, with deep knowledge of insurance accounting, products, and problem resolution. Strong leadership, project management, and client relationship skills are essential, along with the ability to provide strategic insight, influence stakeholders, and uphold the highest standards of compliance and corporate governance. This position offers a dynamic opportunity to lead within a team of top-tier professionalsactuaries, brokers, analysts, and consultantsdedicated to delivering clarity, innovation, and value to clients through Willis Towers Watson's world-class Captive Solutions platform.
The Role
New Business
- Assist in the development of new business for the Company
- Give input to the creation of a marketing and new business strategy
- Implement marketing and new business strategy
- Identify new business opportunities (including cross-selling opportunities) within existing client base
- Take responsibility for a number of new business development projects
- Promote the Company within and outside the Willis Group
- Provide technical advice on request within the Practice
Insurance
Liaison with insurance broker and reinsurance brokers as requiredUnderwriting decisions in conjunction with the Client Service Team and the Practice Underwriting resources, as appropriateMonitoring of exposures and risk transfer pricing within assigned portfolioOversee regulatory approval for changes to the business planOversee Board approval for underwriting decisionsFinance / Regulatory
Monitoring of domicile solvency and capital requirementsObtaining regulatory approval of changes to business planObtaining board approval for underwriting decisionsAccounting for premiumAgree reserving methodologyEnsure the production of management accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as requiredAssist with the adoption of appropriate accounting practices and ensure adherence theretoManage cash requirements of the companiesLiaise with and monitor investment managers in respect of invested fundsAssist Client Service Team with co-ordination of board meetingsEnsure timely production of board papersEnsure timely production of minutes and review prior to distributionAction matters arising from client meetingsEnsure relevant company secretarial functions are performed in a timely mannerEnsure compliance with Corporate GovernanceManagement
To participate in and provide input on strategic and major operational issuesAssume responsibility for a specific area of company strategyTo implement policies adopted by the PracticeContact is maintained with all client directors and that they are advised of any developmentsKeep Practice leadership apprised of client developmentsEntertain clients & prospects as requiredSupport Senior Principal in performing board insight, perspective & thought leadership as requiredUnderstands importance of WEM and the WTW code of Conduct and works to be seen as a role model in the officeQualifications
The Requirements
4 year degree in Accounting, Finance or related area or CPA qualificationMaintenance of CPA qualification through CPD, as appropriateAdvanced Computer SkillsIn depth knowledge and experience of captive insurance and insurance industry (minimum 15 years' experience) in the following areas : (1) accounting for captives (2) insurance products, and (3) problem resolutionWillis Towers Watson knowledge (platforms, structure, etc.)Ability to monitor quality controlClient relationship skillsProject Management skillsAdvanced presentation skillsLeadership and People Management skillsComplianceCan solve complex issues and will raise highly complex issues to higher levelAbility to influence and negotiateExcellent verbal and written communication skillsCompensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state / local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education / professional certifications, qualifications / experience, performance in the role and potential for revenue generation.
Compensation
The base salary compensation range being offered for this role is $100,000-$140,000 USD per year. This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply) :
Health and Welfare Benefits : Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work / Life Resources (including Employee Assistance Program)Leave Benefits : Paid Holidays, Annual Paid Time Off (includes paid state / local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time OffRetirement Benefits : Contributory Pension Plan and Savings Plan (401k)Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.