Sherry Ricker

ICCIE core course: Forming and Operating a Captive

PROFESSIONAL QUALIFICATIONS
• Over 25 years of experience in effectively managing service teams in meeting company objectives;
• Strong project management, analytical, and problem solving skills;
• Ability to work under pressure on multiple projects and meet required deadlines;
• Professional communication skills, both oral and written, ability to lead discussions and speak in public;
• Dedication to expanding my education and knowledge to enhance my career.

PROFESSIONAL EXPERIENCE
Willis Management (Vermont), Ltd Burlington, VT
Global Captive Practice – Account Executive – Vice President
• Coordinate the efforts of client service teams and manage the daily activities of a portfolio of insurance companies;
• Serve as primary liaison between the insurance company and its regulators and ensure regulatory compliance;
• Oversee annual actuarial studies, audits, and state examinations and ensure accurate and timely financial reporting;
• Assist with annual budgets and five year projections for insurance companies;
• Advisory resource for implementing new programs in existing insurance companies.

Monument Consulting. Richmond, VA
Risk Finance Manager for The ServiceMaster Company
• Supervised Company’s captive insurance subsidiary and worked as liaison with outside Management Company;
• Assisted in the development of the annual insurance operating budget and planning objectives;
• Coordination of quarterly actuarial studies, including reporting results and recommendations to subsidiaries;
• Preparation of monthly general ledger reconciliations and ensure timely reporting of financial results;
• Preparation monthly and quarterly income and cash projections for the captive insurance company.

McSoley, McCoy & Co. South Burlington, VT February 11 – August 12
Senior Accountant
• Preparation of corporate, fiduciary and personal income tax returns, including consolidated and multi-state;
• Attestation services, including audits, reviews and compilations;
• Oversee Firm’s Captive Insurance audit practice.

Marsh Management Services Inc. Burlington, VT July 02 – February 11
Captive Solutions Group – Senior Account Manager – Vice President
• Coordination of client service teams and manage the daily activities of a portfolio of insurance companies;
• Served as primary liaison between the insurance company and its regulators and ensure regulatory compliance;
• Supervised annual actuarial studies, audits, and state examinations and ensure accurate and timely financial reporting;
• Assisted with annual budgets and five year projections for insurance companies;
• Advisory resource for implementing new programs in existing insurance companies.

Grippin, Donlan & Roche, PLC South Burlington, VT
Audit Manager
• Managed audit, review and compilation engagements.

Gallagher, Flynn & Company LLP Burlington, VT
Senior Accountant
• Provided cost effective, value added, business and accounting consulting services;
• Promoted new business through marketing, writing of proposals and community involvement;
• Managed audit, review and compilation engagements;
• Preparation and review of corporate and personal income tax returns, including consolidated and multi-state;
• Trained, supervised, and coached staff, including leading in-house continuing education classes;
• Developed and implemented firm policies and procedures.

Banknorth Group Burlington, VT
Card Center Accounting Manager/Chargeback Specialist
• Managed settlement, chargeback and output review staff, including hiring and administering performance appraisals;
• Ensured timely reconciliation of general ledger related to debit card, credit card, and ATM services activity;
• Responsible for the timely and accurate preparation of monthly financial statements and annual operating budgets;
• Effectively resolved merchant/cardholder complaints by adhering to Visa/MasterCard rules and regulations;
• Negotiated disputes with acquiring/issuing banks through written/oral communication, including arbitration;
• Ensured positive customer relations and provided on-site informational sessions to merchants.

EDUCATION
Champlain College, Burlington VT
• Master’s Degree in Business Administration 16 credits completed
• Bachelor of Science Degree in Accounting Graduated Summa Cum Laude
• Associate in Science Degree in Accounting Graduated Summa Cum Laude

PROFESSIONAL DESIGNATIONS AND MEMBERSHIPS
• Certified Public Accountant – Licensed in Vermont (1997 – current)
• Associate in Risk Management (2007 – current)
• Associate in Captive Insurance (2007 – current)
• Chartered Global Management Accountant (2014-current)
• Associate in Risk Management – Public Entities (2015 – current)
• Member of the American Institute of Certified Public Accountants (1997 – current)
• Member of the Vermont Society of Certified Public Accountants (1997 – current)
• Member of the Vermont Captive Insurance Association (2002 – current)
• Member of the Texas Captive Insurance Association (2014 – current)

Courses

Forming and Operating a Captive – $1050