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careers.ky
Salary
USD$150,000 - USD$175,000 Per Annum (paid Monthly) + gratuities
Location
North Side
Work Type
Full-time
Hours/Week
37.5
Education
Not specified
Experience
7-8 Years

Job Description

LONGTAIL REINSURANCE (CAYMAN) LTD. is seeking a Controller. Reporting to the Group Chief Accounting Officer, this role will be responsible for the day-to-day finances, administration, and regulatory compliance of the insurance company in accordance with the Cayman Islands Insurance Act and the requirements of the Cayman Islands Monetary Authority (CIMA). The role ensures that the insurer operates in a prudent manner, meets all statutory obligations, and maintains sound governance and risk management practices. Primary responsibilities will also include operational interactions with other key functions across the business including underwriting, actuarial and information technology.

Responsibilities include

  • Ensure the insurance company complies with the Insurance Act, CIMA rules, and all regulations.
  • Prepare and file statutory returns, annual reports, and regulatory submissions with CIMA.
  • Act as the primary liaison with CIMA and other regulatory bodies.
  • Maintain proper licensing and regulatory approvals, including fit and proper standards for directors and officers.
  • Support the board in discharging its oversight responsibilities, particularly regarding risk management and solvency.
  • Working with the Bermuda-based Finance team, oversee financial reporting, statutory audits, and actuarial reviews.
  • Monitor solvency margins, liquidity, and capital adequacy requirements.
  • Ensure appropriate internal controls and accounting systems are maintained.
  • Coordinate with auditors, actuaries, bankers, and other service providers.
  • Working with the Bermuda-based Risk & Compliance team, identify, assess, and report key risks affecting the insurer.
  • Implement and monitor risk management policies and procedures in line with CIMA’s expectations.
  • Act as the principal point of contact for the insurer’s policyholders and other stakeholders.
  • Provide management reports to the board, shareholders, and regulators as required.

Regulatory Requirement This role fulfills the Cayman Islands requirement for an Approved Insurance Manager, as defined by the Insurance Act (2010 Revision) and related CIMA regulatory guidance. Appointment is subject to CIMA’s fit and proper approval process, as required under the Insurance Act. Qualifications, Skills & Experience Requirements

  • Qualified CPA/ACA/ACCA or equivalent.
  • Bachelor or Master’s degree in Accounting, Finance, Business Administration, or similar field.
  • Minimum 5–7 years of relevant insurance, reinsurance, or captive management experience.
  • In-depth knowledge of the Cayman Islands insurance regulatory framework and CIMA requirements
  • Strong understanding of insurance accounting, solvency, and risk management principles.
  • Life reinsurance experience would be an asset.
  • Proven leadership, communication, and organizational skills
  • Strong work ethic – highly motivated and committed to a hands-on position.
  • Exceptional interpersonal and communication skills with proven ability to communicate with and support both internal and external stakeholders.
  • Advanced Excel and Powerpoint skills and the ability to navigate complex spreadsheets.
  • Strong analytical and problem-solving skills.
  • Desire to be collaborative, while also having the ability to work independently

The salary range for this position is USD $150,000–$175,000, commensurate with qualifications and experience. The compensation package also includes participation in our discretionary bonus pool and long-term incentive plan, 100% employer-paid health insurance (including coverage for pre-existing conditions), and pension contributions in accordance with the Cayman Islands Pension Act.

Interested in this role?

20 days remaining

Details

Positions1

Timeline

PostedMay 12, 2026
Start DateMay 12, 2026
Closing DateJune 2, 2026