Job Description

When you join Verizon

You want more out of a career. A place to share your ideas freely — even if they’re daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love — driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together — lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the V Team Life.

What you’ll be doing...

The Risk Management Organization 

At Verizon, we are building a world-class Risk Management organization.  We have begun a comprehensive program to streamline processes, enhance systems, realign the organization and add opportunities for personal skill-building and professional growth. We’re finding new ways to add value and provide strategic support.  This is the kind of work we do.  We want to build leading Risk Management and Captive insurance practices within Verizon, setting the stage to become the place any Risk Management or Captive insurance professional would want to work.  You can become a catalyst for change.

Risk Management – Captive Team

The Consultant - Treasury Captive Operations – Finance and Accounting will report to the Associate Director – Captive Operations and will have overall responsibility for the accounting and financial management of Captive insurance companies. The position will be responsible for the preparation of financial statements in conjunction with the captive management firm.  This position requires excellent financial and interpersonal skills to address regulatory, tax and accounting issues and to achieve satisfactory resolution.  The incumbent will participate in and may lead ad hoc projects with significant financial impacts. 

• Reviewing monthly financial statements and Verizon 10Q and 10K filings related to Captives. 

• Monitoring internal controls and perform Sarbanes Oxley controls testing. 

• Helping captive accounting managers to work with external auditors to ensure the annual audit is done timely and correctly.  Reviewing all regulatory filings and regulatory audits.

• Coordinating the captive’s participation in multiple affiliated insurance programs and third-party insurance programs and ensuring the regulatory compliances.

• Tracking insurance program profitability, reviewing cessions and actuarial data.

• Help managing internal and external auditors, captive managers, actuaries, third party administrators, insurance brokers and banking relationships.

• Monitoring Captive’s financial ratios to ensure compliance with regulatory and internal targets.

• Providing supports to or lead ad hoc projects.

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What we're looking for...
 

You'll need to have:

• A Bachelor’s degree in Accounting, Finance, Economics or four or more years work experience.

• Four or more years of relevant accounting or finance experience, or the equivalent.

• Experience in Microsoft Office and Google Suite.

Even better if you have one or more of the following:

• Master's degree in Business Administration, Accounting, Finance, Economics or equivalent.

• CPA Certification or ARM or CPCU.

• Insurance/captive insurance industry experience.

• Experience implementing and using digital finance tools.

• Strong written and oral communications skills.

• Willingness to learn and motivated to drive the results.

If Verizon and this role sound like a fit for you, we encourage you to apply even if you don’t meet every “even better” qualification listed above.

In this hybrid role, you'll have a defined work location that includes work from home and a minimum eight assigned office days per month that will be set by your manager.

Scheduled Weekly Hours

40

Equal Employment Opportunity 

We’re proud to be an equal opportunity employer - and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion page to learn more.