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Captive Insurance Company Jobs in Indiana (NOW HIRING)

Sentry

Account Executive-Indiana Captive Territory

Evansville, IN · On-site

$82K - $118K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Our highly trained Account Executives present specialized commercial insurance, 401K, and life ... Company car with gas card * Comprehensive, ongoing training, including licensure * Laptop, cell ...

Pinnacle Oil Holdings LLC

Class A CDL Driver

Indianapolis, IN · On-site

$78K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Description Indiana Lubricant Transport (ILT) is a captive 10 truck fleet that delivers lubricants ... Health, Dental & Vision insurance * $20,000 Life insurance offered at no cost to employee

All JobsCaptive Insurance Company JobsCaptive Insurance Company Jobs in Indiana

Captive Insurance Company information

See Indiana salary details

$23.8K

$61.9K

$115.6K

How much do captive insurance company jobs pay per year?

As of Aug 15, 2026, the average yearly pay for captive insurance company in Indiana is $61,872.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,300.00 and $73,300.00 per year, depending on experience, location, and employer.

What does a captive insurance company do?

A captive insurance company is a specialized entity created by a business to self-insure its risks, providing coverage for specific hazards and managing claims internally. Employees in this field analyze risk, develop policies, and ensure regulatory compliance using industry tools and actuarial skills.

What is the difference between Captive Insurance Company vs Insurance Underwriter?

AspectCaptive Insurance CompanyInsurance Underwriter
CredentialsInsurance licenses, actuarial knowledge, business managementInsurance licenses, risk assessment, underwriting certifications
Work EnvironmentCorporate setting, insurance company offices, risk management teamsInsurance companies, brokerage firms, underwriting departments
Industry UsageUsed by corporations to self-insure risksEvaluates and prices insurance risks for clients

While both roles involve insurance, a Captive Insurance Company is a legal entity created to insure a company's own risks, focusing on risk management and corporate finance. An Insurance Underwriter assesses and prices risks for insurance policies, working within insurance companies or brokers. The two roles differ in scope: captives manage internal risk, whereas underwriters evaluate external risks for clients.

What is a captive insurance company?

A captive insurance company is a type of insurance company that is wholly owned and controlled by its insureds. Its primary purpose is to insure the risks of its owners, and its insureds benefit from the captive insurer's underwriting profits. Captives are often formed by businesses to better manage their risks, reduce insurance costs, and gain more control over their insurance programs. They can be established in various domiciles, both onshore and offshore, depending on regulatory and tax considerations.

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

To thrive as a Captive Insurance Company Manager, you need expertise in insurance regulations, risk management, financial analysis, and typically a relevant degree such as in finance, accounting, or business, along with industry certifications like ACI or CPCU. Familiarity with risk management software, accounting systems, and compliance platforms is crucial for daily operations. Strong leadership, analytical thinking, and excellent communication skills help navigate complex regulatory environments and build relationships with clients and regulators. These competencies ensure the company operates efficiently, maintains compliance, and delivers value to stakeholders in a highly specialized insurance sector.

What are some common challenges faced when working in a captive insurance company, and how are they typically addressed?

Professionals in captive insurance companies often encounter challenges such as navigating complex regulatory environments, ensuring compliance across multiple jurisdictions, and balancing the unique needs of parent organizations with sound risk management practices. Addressing these challenges requires a solid understanding of insurance regulations, proactive communication with regulators, and close collaboration with legal and finance teams. Many captive professionals also participate in industry associations and continuing education to stay updated on evolving best practices and regulatory changes.

What are popular job titles related to Captive Insurance Company jobs in Indiana?

For Captive Insurance Company jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Captive Insurance Company jobs in Indiana look for?

The top searched job categories for Captive Insurance Company jobs in Indiana are:

What cities in Indiana are hiring for Captive Insurance Company jobs?

Cities in Indiana with the most Captive Insurance Company job openings:

Captive Insurance Company jobs near you
Infographic showing various Captive Insurance Company job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, 3% Contract, and 1% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $61,872 per year, or $29.7 per hour.

Sales District Leader - Northwest Indiana (Primarily Field)

American Family Mutual Insurance Company

Indianapolis, IN • On-site, Remote

$113K - $194K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 13 days ago

Job description

You will support the agency business owners in their role as independent contractors who have the right of control over the manner and means by which they sell insurance and otherwise operate their businesses. Coach and advise agency business owners on building the district's profit and growth plan.
Key focus areas will be field recruiting agency owners to be captive agents and influencing performance results for those independent contractors.
You will report to the Indiana State Director.
You will be asked to reside in the district (an ideal target may be Lebanon as the territory is the northwest quarter ranging from Indianapolis west to the IL border and north to the IN border). Additional cities include: Lebanon, Carmel, Noblesville, Zionsville, Lafayette, Crown Point, Valparaiso, Michigan City, Hobart, Munster, South Bend, and Westfield).
In this primarily field-based role, you will spend 70% of your time (3-4 days per week) working in the field, directly working with customers, Agents, Agency Staff. On occasion you may be asked to travel to an office location for in person engagement activities such as team meetings, trainings, and culture events.
Position Compensation Range:
$113,000.00 - $194,000.00
Pay Rate Type:
Salary
Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
Primary Accountabilities
  • Support and uphold the role of agency business owners as independent business owners. Ensure that agency business owners understand and make the connection between the corporate strategy and their practices and results; consider both corporate and agency needs when determining priorities.
  • Provide guidance to agency business owners and staff by exhibiting influence and expertise. Coach and advise agency business owners on sales results and execution of the state sales plan.
  • Assist agency business owners in understanding the profit of the district, while preserving the agency business owners' right to control the manner and means by which they sell insurance and otherwise run their own businesses.
  • Manage company programs for the district as they pertain to individual independent agency business owners.
  • Assist agency business owners as independent contractors in targeting and prioritizing the best sales activities and opportunities for them in their market and individual situation.
  • Provide business expertise to agency business owners to assist them in ensuring the successful operation of their businesses.
  • Sources and selects agency business owners to fill openings.
  • Build relationship with agency business owners and staff, respecting their role as owners of their own businesses.

Specialized Knowledge & Skills Requirements
  • Demonstrated experience providing customer-driven solutions, support and service.
  • Basic knowledge and understanding of business systems and how to leverage them to gain efficiencies in a business environment.
  • Prior management experience or demonstrated experience leading project teams.
  • Solid knowledge of project management methodologies, practices, techniques and tools.
  • Solid knowledge and understanding of financial analysis and reporting.
  • Prior experience developing and executing operational business plans and marketing plans.
  • Solid knowledge and understanding of budget management concepts.

Preferred Knowledge & Skills
  • Previous agency experience or experience leading or influencing agency owners in the field.
  • You will be asked to reside in the district (an ideal target may be Lebanon as the territory is the northwest quarter ranging from Indianapolis west to the IL border and north to the IN border). Additional cities include: Lebanon, Carmel, Noblesville, Zionsville, Lafayette, Crown Point, Valparaiso, Michigan City, Hobart, Munster, South Bend, and Westfield).

Licenses
  • Required by state statutes to have proper insurance licensing to sell, solicit or negotiate insurance products: Property and Casualty (personal lines authority does not qualify), Life, and Health.
  • Valid driver's license required plus an acceptable driving record.

Travel Requirements
  • Up to 50%.

Additional Information
  • To ensure a strong start, all employees participate in our New Employee Orientation during their first week. This experience is held in person at our Madison, WI Headquarters or one of our AmFam core locations to help you connect with our mission, meet key team members and build relationships that support your growth. At times, sessions may be delivered virtually based on scheduling and availability.
  • Offer to selected candidate will be made contingent on the results of applicable background checks
  • Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
  • Sponsorship will not be considered for this position unless specified in the posting

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.
American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email AskHR@AmFam.com to request a reasonable accommodation.
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