Trainee Captive Insurance/Accounts Administrator

Company:Marsh

Description:

We currently have a fantastic opportunity for a Trainee Captive Insurance/Accounts Administrator to join our Marsh Captives team based in St Peter Port, Guernsey. 

Trainee Captive Insurance/Accounts Administrator – Marsh Captive Solutions - St Peter Port, Guernsey

This is an exciting opportunity for an ambitious individual to gain broad experience across both insurance and accounting disciplines within an international insurance management environment.

The role provides exposure to client servicing, insurance administration, financial reporting, and regulatory compliance. The successful candidate will be supported in pursuing a relevant professional qualification (e.g. Chartered Insurance Institute (CII) or Chartered/Certified Accountant (ACA/ACCA)), with the potential to develop into a qualified insurance or finance professional.

This role is ideal for a recent A-Level (or equivalent) / school leaver or Graduate eager to launch their career, or for someone with prior experience in administration or finance support seeking to join a well-established, market-leading Captive Manager.

We will rely on you to:

Insurance Administration:

• Assist in the day-to-day administration of captive insurance companies and protected cell companies.

• Prepare and process policy documentation, endorsements, and bordereaux.

• Monitor premium collections and claims payments.

• Support the preparation of regulatory and board reporting.

• Liaise with clients, brokers, reinsurers, and other counterparties.

Accounting & Finance:

• Process payments/receipts

• Maintain and reconcile bank account statements, monitor cash balances and deposits

• Assist with company secretarial duties; assist with preparation of board papers and taking/writing draft minutes

• Assist with annual audits

• Assist with regulator filings and returns

What you need to have: 

• A-Level or equivalent education required; a university degree would be an advantage but is not essential.

• Willingness to study towards a relevant professional qualification (ACII / ACA / ACCA). Full study support will be provided.

• High level of accuracy and consistency.

• Excellent organisational skills with the ability to manage multiple tasks simultaneously.

• Proficiency in Microsoft Office Applications especially Excel.

• Strong written and verbal communication skills.

What makes you stand out?

• Some exposure to an office environment, accounting, or insurance would be helpful, though not required.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at [email protected] to discuss any specific needs.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.