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Head of Finance - Captives
full-timeDaytona Beach

Summary

Location

Daytona Beach

Type

full-time

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About this role

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

The Head of Finance – Captives is a strategic financial leader responsible for shaping the vision, governance, and financial direction of the organization’s captive insurance operations. This role drives long-term value by ensuring regulatory compliance, optimizing financial performance, and aligning captive strategies with overall business objectives, while collaborating closely with executive leadership, risk management, and external advisors.

How you will contribute:

  • Establish, monitor, and continuously enhance internal control frameworks and financial governance practices to ensure accuracy, safeguard assets, mitigate risk, and support compliance with accounting standards, regulatory requirements, and audit expectations.
  • Direct the preparation, review, and submission of GAAP and statutory financial statements for captive insurance entities, ensuring the completeness, accuracy, and timely reporting of all premium, claims, reinsurance, reserve, and investment activities in accordance with applicable accounting principles and regulatory requirements
  • Manage relationships with auditors, actuaries, and tax advisors to ensure timely completion of audit requirements, implementation of recommendations, and overall financial credibility and operational soundness
  • Lead financial strategy and performance management by analyzing loss ratios, reserves, investment income, and capital, evaluating captive performance and profitability, supporting pricing, capitalization, and reinsurance decisions, and developing long-term strategies to ensure financial sustainability and alignment with enterprise risk objectives
  • Partner with risk management, underwriting, and business leaders on premiums, program design, and funding, assess the financial impact of policy and reinsurance decisions, and provide modeling support to ensure the captive’s finances align with business needs and risk strategy
  • Provide strategic oversight of cash flow, liquidity, investments, and capital reserves to safeguard financial stability, optimize funding for potential losses, and ensure full compliance with governance and policy standards
  • Manage relationships with service providers of TPAs, actuarial firms, investment managers, and auditors, managing relationships, negotiating contracts, and monitoring performance to ensure cost-effective, high-quality service across all captive functions
  • Mentor and develop a high-performing finance team to support captive operations and broader organizational objectives.

Skills & Experience to Be Successful: 

  • Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent designation preferred.
  • 10+ years of progressive finance experience, including leadership roles within insurance, reinsurance, or captive management.  Background within the captives and reinsurance areas are a big plus.
  • Strong knowledge of statutory accounting, regulatory frameworks, and captive structures (single-parent, group, or rent-a-captive).
  • Demonstrated ability to lead strategic financial initiatives and partner effectively with cross-functional teams.
  • Excellent analytical, communication, and executive presentation skills.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

Other facts

Tech stack
Accounting,Finance,Leadership,Regulatory Compliance,Financial Performance,Risk Management,Auditing,Statutory Accounting,Analytical Skills,Communication Skills,Presentation Skills,Team Development,Captive Management,Investment Management,Strategic Planning,Negotiation

About Brown & Brown Insurance

Brown & Brown, Inc. is the fifth largest independent insurance brokerage in the nation. We provide risk management solutions to help protect what our customers value most. Our four business segments, Retail, National Programs, Wholesale Brokerage, and Services, offer insurance products and services to businesses, corporations, governmental institutions, professional organizations, trade associations, families, and individuals.

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Insurance Agencies and Brokerages
Founding Year: 1939

What you'll do

  • The Head of Finance – Captives is responsible for shaping the financial direction of the organization’s captive insurance operations, ensuring regulatory compliance, and optimizing financial performance. This role involves collaborating with executive leadership and managing relationships with external advisors.

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Frequently Asked Questions

What does a Head of Finance - Captives do at Brown & Brown Insurance?

As a Head of Finance - Captives at Brown & Brown Insurance, you will: the Head of Finance – Captives is responsible for shaping the financial direction of the organization’s captive insurance operations, ensuring regulatory compliance, and optimizing financial performance. This role involves collaborating with executive leadership and managing relationships with external advisors..

Why join Brown & Brown Insurance as a Head of Finance - Captives?

Brown & Brown Insurance is a leading Insurance Agencies and Brokerages company.

Is the Head of Finance - Captives position at Brown & Brown Insurance remote?

The Head of Finance - Captives position at Brown & Brown Insurance is based in Daytona Beach, Florida, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Head of Finance - Captives position at Brown & Brown Insurance?

You can apply for the Head of Finance - Captives position at Brown & Brown Insurance directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Brown & Brown Insurance on their website.