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Captive Jobs (NOW HIRING)

The Assistant Vice President/Vice President, Captive Executive will execute business development strategies, initiate contact with existing and potential customers, identify their needs and sell and ...

The Assistant Vice President/Vice President, Captive Executive will execute business development strategies, initiate contact with existing and potential customers, identify their needs and sell and ...

ABOUT SCG Specialty Captive Group (SCG), a division of Specialty Program Group LLC, is a full-service captive management and captive consulting firm rapidly growing in an evolving industry. With an ...

The Captive Account Executive serves as the primary relationship manager for a portfolio of captive insurance company clients. This role is responsible for overseeing the daytoday management ...

The Captive Account Executive serves as the primary relationship manager for a portfolio of captive insurance company clients. This role is responsible for overseeing the daytoday management ...

Working alongside a Captive Executive, you'll manage day-to-day program operations, own key client and broker relationships, and help shape the strategic direction of the captives you're assigned to.

Sr. Accountant - Captive Insurance

$75K - $95K/yr

Innovative Captive Strategies (ICS) is a premier captive insurance management and advisory firm dedicated to delivering customized, forwardthinking captive solutions . ICS combines deep technical ...

Working alongside a Captive Executive, you'll manage day-to-day program operations, own key client and broker relationships, and help shape the strategic direction of the captives you're assigned to.

Working alongside a Captive Executive, you'll manage day-to-day program operations, own key client and broker relationships, and help shape the strategic direction of the captives you're assigned to.

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Captive information

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How much do captive jobs pay per hour?

As of Aug 29, 2026, the average hourly pay for captive in the United States is $21.86, according to ZipRecruiter salary data. Most workers in this role earn between $15.62 and $21.63 per hour, depending on experience, location, and employer.

What is a captive in the context of insurance?

Captives are specialized insurance companies that are created and wholly owned by one or more non-insurance companies to insure the risks of their owners. They allow organizations to manage risk more efficiently and potentially reduce insurance costs by retaining profits that would otherwise go to third-party insurers. Captives can provide coverage that may not be available or affordable in traditional insurance markets and offer more control over claims handling and risk management. They are subject to regulations and must be legally established according to the jurisdiction in which they operate.

What are the key skills and qualifications needed to thrive as a captive insurance manager?

To thrive as a Captive Insurance Manager, you need in-depth knowledge of insurance principles, risk management, and a relevant degree such as finance or accounting. Familiarity with captive management software, regulatory compliance tools, and industry certifications like ACI (Associate in Captive Insurance) are often required. Strong analytical thinking, attention to detail, and excellent client communication skills set top performers apart. These competencies are crucial for effectively managing captive insurance operations, ensuring compliance, and delivering value to clients.

What are common challenges faced by captive insurance managers in maintaining compliance and regulatory standards?

Captive managers often encounter challenges in navigating complex and evolving regulatory environments, as regulations can vary by jurisdiction and frequently change. Staying compliant requires ongoing education, meticulous record-keeping, and close collaboration with legal and financial teams. Additionally, managers must ensure timely and accurate reporting while balancing cost-effectiveness and risk management. Building strong relationships with regulators and leveraging compliance software can help reduce potential pitfalls and maintain the captive’s good standing.

What is the difference between Captive vs Insurance Agent?

AspectCaptiveInsurance Agent
CredentialsLicensed insurance agents, often with specific company trainingLicensed insurance agents, typically with broader industry certifications
Work EnvironmentWork primarily for one insurance companyWork independently or for multiple insurers
Employer & Industry UsageInsurance companies, captive agenciesIndependent agencies, brokerages
Search & Comparison IntentUnderstanding employment with specific insurersComparing career options in insurance sales

Captive insurance agents work exclusively for one insurance company, representing its products. Insurance agents may work independently or for multiple companies, offering a broader range of options. The key difference lies in employment structure and product representation, affecting career flexibility and product knowledge.

More about Captive jobs

What cities are hiring for Captive jobs?

Cities with the most Captive job openings:

What states have the most Captive jobs?

States with the most job openings for Captive jobs include:

Infographic showing various Captive job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, 3% Part Time, and 3% Contract. Highlights an 64% Physical, 9% Hybrid, and 27% Remote job distribution, with an average salary of $45,479 per year, or $21.9 per hour.

Health Captive Program Manager

Itasca, IL • On-site

Captive Resources
Insurance Services • 51 - 200 employees

Full-time

Medical

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

The Health Captive Program Manager provides majority of the technical aspects of our health benefit captives. Maintains a high level of day-to-day client and broker business relationships. Responsible for timely captive financial and claims reporting oversight. Provides underwriting coordination and planning for renewal business. Works closely with teams and vendors on any captive issues.
ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor's Degree or equivalency in a related discipline and at least seven (7) years of experience in Health Benefits Account Management, Program Management, Operations, Underwriting, or other Insurance related field.
SKILLS/COMPETENCIES REQUIREMENTS:
  • 7+ years working in Health Insurance Benefits (preferably carrier/broker)
  • Solid understanding of finance and accounting principles
  • Strong analytical, problem solving, and judgment skills
  • Strong team attitude
  • Works well independently and in a team environment
  • Interpersonal skills
  • Demonstrated training and coaching skills
  • Excellent written and verbal communication skills
  • Strong skills in Microsoft Office, especially using Excel, Word, PDF, and other on-line computer systems
  • Comfortable making presentations to small groups
  • Organization, planning, and prioritization skills
  • Strong customer service orientation
  • Commitment to company values

ESSENTIAL DUTIES AND REPONSIBILITIES:
  • Monthly and annual financial reporting creation and management
  • Monthly claims reporting and reconciliation with carriers
  • Preparation, review, and overall management of captive board meeting materials
  • Accountable for creation and validation of captive proposals
  • Schedule and monitor new captive member onboard calls
  • Captive renewal tracking, reporting, creation of proposals, and finalization with carrier
  • Captive timeline management
  • Captive member maintenance of changes, acquisitions, etc
  • Mass distribution email campaigns
  • Review, prepare, and submit documentation to underwrite renewal business
  • Creation and continuous updating of departmental documents and procedures
  • Provide superior customer service to captive members, brokers, service providers
  • Participate in captive status meetings
  • Assist with training new hires and refresher training for existing colleagues (as needed)

PRIORITIES: 7+ years Health Benefits experience, Strong financial experience, Accuracy, Detail Oriented, Timeliness, Multi-tasking, Vendor Relationships, Positive Team Attitude
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.