Captive Insurance Jobs in Utah (NOW HIRING)

At Revere Health, we believe there is a better path to healing and healthcare maintenance, and we're working on this mission-one patient at a time. We're a national leader in a movement called value-base care which aims to improve treatment outcomes and keep costs down. Our internal culture is one that promotes respect and consistently recognizes the impact that individual employees have on the mission of the organization.

POSITION SUMMARY

The Senior Accountant provides dedicated accounting and financial reporting support to two affiliated entities owned by Revere Health shareholders: Captive Assurance Solutions, Inc. (CASI), Revere Health's wholly-owned captive malpractice insurer, and Consolidated Properties of Utah (CPU), the consolidated entity holding Revere's medical office building portfolio.

The position is employed by Revere Health, P.C. and "leased" to CASI and CPU under the entities' established Management Services Agreements, with time and cost allocated according to the approved cost-allocation methodology. The Senior Accountant reports directly to the Director of Finance and Accounting and works in close coordination with the Managing Executive of CASI, the CPU Board, and external partners including reinsurance brokers, the appointed actuary, independent auditors, lenders, property managers, and legal counsel.

This is a foundational role within a growing finance function and offers unusual breadth: the successful candidate will gain meaningful, hands-on experience in both captive insurance accounting and commercial real estate accounting within a single position.

ESSENTIAL DUTIES AND RESPONSIBILITIES

CASI - Captive Insurance Accounting

• Maintain the general ledger and subsidiary ledgers for CASI, including premium written, premium earned, loss reserves, loss adjustment expense reserves, and investment accounts.
• Record monthly journal entries for premium recognition, IBNR and case reserves (in coordination with the appointed actuary), claims paid, recoveries, and reinsurance cessions.
• Reconcile ceded premium and ceded loss balances with reinsurance brokers and reinsurers; maintain accurate cedent records and supporting documentation.
• Prepare quarterly and annual statutory financial statements in accordance with applicable Utah captive insurance regulations and U.S. GAAP.
• Coordinate the annual independent audit; prepare audit schedules, respond to information requests, and maintain audit-ready documentation throughout the year.
• Support the annual actuarial engagement by providing loss runs, premium data, exposure data, and the management representation materials required by the appointed actuary.
• Track corporate insurance policies (Directors and Officers, Errors and Omissions, and related coverages) for proper coverage continuity, premium accruals, and renewal timing.
• Maintain regulatory compliance documentation for the Utah Captive Insurance Division, including annual filings and regulatory correspondence.
• Assist the Managing Executive of CASI with Board meeting financial packages, premium allocation analyses, and capital adequacy reporting.

Consolidated Properties of Utah - Real Estate Accounting

• Maintain the general ledger for CPU and any related property entities, including base rent, common area maintenance (CAM), real estate tax pass-throughs, insurance pass-throughs, and tenant improvement allowances.
• Process and reconcile monthly rent rolls; bill tenants (primarily Revere Health clinical locations and approved third-party tenants) and apply collections.
• Administer triple-net lease provisions; prepare annual CAM reconciliations and year-end true-ups in accordance with lease terms.
• Maintain fixed asset and depreciation schedules for all properties, including capital improvements, tenant build-outs, and dispositions.
• Record and reconcile mortgage debt service and lender escrow accounts, including draws and covenant reporting on the consolidated financing facility.
• Track property tax assessments, insurance certificates of coverage, and lender covenant compliance deliverables.
• Prepare quarterly distributions to shareholders and members in accordance with operating agreements; coordinate annual K-1 preparation with the external tax preparer.
• Produce monthly financial reporting packages for the CPU Board and shareholder groups, including budget-to-actual reporting and lender reporting.

Cross-Entity Responsibilities

• Process intercompany transactions among Revere Health, CASI, and CPU consistent with the Management Services Agreement, Business Associate Agreement, and Cost of Insurance policy framework.
• Apply the established cost-allocation methodology for shared services, including allocation of the Senior Accountant's own time across entities.
• Maintain documentation supporting corporate separateness between Revere Health and each affiliated entity - a critical compliance requirement for both captive insurance and the real estate consolidation.
• Support month-end and year-end close cycles in coordination with the Revere Health accounting team.
• Perform ad hoc financial analysis as requested by the Director of Finance and Accounting, the Managing Executive of CASI, and the CPU Board.

QUALIFICATIONS

• Bachelor's degree in Accounting, Finance, or a closely related field.
• Minimum of two (2) years of professional accounting experience.
• Strong working knowledge of U.S. GAAP and general ledger accounting.
• Advanced proficiency with Microsoft Excel, including financial modeling, pivot tables, and lookup functions.
• Experience with a mid-market general ledger system (Sage Intacct, NetSuite, QuickBooks Enterprise, or comparable platform).
• Demonstrated ability to manage multiple ledgers, reconciliations, and reporting cycles simultaneously without loss of accuracy.
• Strong written and verbal communication skills, with comfort interacting with executives, external auditors, and shareholders.
• High degree of professional discretion; this position regularly handles confidential financial, insurance, and shareholder information.

Preferred

• Active CPA or CPA candidate; license support, study time, and examination reimbursement are available.
• Prior accounting experience with an insurance company, captive insurance entity, or risk-pool entity.
• Prior accounting experience with commercial real estate, particularly medical office or healthcare-occupied properties.
• Experience with property management or lease accounting platforms (Yardi, MRI, AppFolio, or comparable).
• Healthcare industry exposure within a physician practice, ambulatory care, or hospital finance environment.
• Familiarity with statutory insurance accounting (SAP) in addition to GAAP.
• Working knowledge of triple-net lease structures, CAM reconciliations, and lender covenant reporting.

Key Competencies

• Accuracy and attention to detail. Insurance reserves, intercompany transactions, and lease pass-throughs leave little margin for sloppy work.
• Organization and time management. The role serves two entities with their own close cycles, board calendars, and reporting deadlines.
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  Captive insurance and commercial real estate are both technical disciplines; the successful candidate will be willing to keep learning.
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  Shareholder distributions, claim reserves, and physician compensation interact in this role.
• Professional communication. The position interacts directly with reinsurers, auditors, actuaries, lenders, and physician shareholders.

Working Conditions

• • Standard office environment with remote flexibility.
  • Occasional local travel to Revere Health properties across the Wasatch Front and Central Utah.
  • Periodic evening hours required around Board meeting cycles and audit deadlines.