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Captive Insurance Company Jobs in Indiana (NOW HIRING)

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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 Sep 3, 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 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 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 does a captive insurance company do?

A captive insurance company is a specialized insurance entity created by a business to insure its own risks. It manages and finances claims internally, often reducing costs and providing tailored coverage, and requires knowledge of insurance regulations and risk management practices.

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

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

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 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $61,872 per year, or $29.7 per hour.

Account Executive-Indiana Captive Territory

Sentryinsurance

Evansville, IN • On-site, Remote

$82K - $118K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 3 days ago


Job description

Our highly trained Account Executives present specialized commercial insurance, 401K, and life insurance products that are perfectly designed for the industries we serve.

You're not just in it to win it. You want to crush it every time. Because that's what our sales professionals do. Not just anyone has what it takes to build strong and profitable relationships. If you're a unique performer, Sentry offers a career opportunity that soars beyond commercial insurance sales.

We provide everything you need to carve out a sales career filled with success and purpose, including:

  • High earning potential with base salary, commissions, monthly/annual incentives, plus recognition trips

  • Outstanding benefits and a 401(k)-program matching dollar for dollar up to 8%

  • Opportunities for professional development and growth

  • Outstanding training and support

  • An industry-leading line of products and services

Total currently estimated projected compensation range for this position is $82,551-$118,551, which is a combination of base pay, currently projected renewal commissions, and currently estimated new business commission opportunities. Commission opportunities - both renewal and new business -- are based on achievement of sales objectives and compliance with the terms of the applicable incentive plan.

The Indiana territory includes: the greater Evansville area. Residence within the sales territory is required.

What You'll Do

  • Sell directly to niche market accounts to increase premium volume

  • Retain profitable business by providing effective, quality service to policyholders

  • Build and maintain quality relationships with businesses

  • Work directly with Underwriting, Claims, Loss Control, Audit, Customer Service, and other key partners

  • Call on and pursue allniche market opportunities assigned to your geographic territory

  • Leverage current customers and relationships for new growth and sales opportunities

What it Takes

  • Bachelor's degree or equivalent work experience/related sales experience

  • The ability to obtain and maintain the necessary P&C, and Life licenses required to sell the products Sentry offers

  • Self-discipline and ability to thrive in a remote work environment

  • Ability to multitask, prioritize, communicate effectively, and remain organized

  • Strong analytical and math skills

  • Acceptable Motor Vehicle Record with a valid driver's license and ability to meet travel requirements

Here is what you can look forward to as part of our team:

At Sentry, your total rewards go beyond competitive compensation. We're committed to supporting the whole you, which is why we offer a comprehensive package designed to help you thrive both professionally and personally.

  • Home Office:Enjoy the best of both worlds. With a home office set up and time in the field, with regular travel in your company car in your defined territory. We provide the cutting edge proprietary technology and tools you need to be more efficient and effective in the field including a laptop and cell phone reimbursement.

  • Continuous Learning:Unlock your potential through Sentry University, including comprehensive, ongoing training, including licensure and take advantage of our tuition reimbursement program.

  • Comprehensive Benefits:We support your whole self with group medical, dental, and vision insurance along with parental leave, pet insurance, caregiver leave, and wellness resources. Options for HSA, FSA, and Dependent Care FSA are available.

  • Investing in Your Future:We're committed to your long-term financial well-being. We offer a 100% company match on the first 8% you contribute to your 401(k) each pay period, and those funds vest immediately.

  • Giving Back:Through the Sentry Foundation, we're proud to support the United Way and make a difference in our communities.

Why Join Sentry?

At Sentry, we believe our people are the heart of our success. We're proud to be recognized for the culture we've built, earning spots on Forbes' lists for America's Best Midsize Employers and Best Employers for New Grads, as well as Newsweek's America's Greatest Workplaces for Women and Diversity. These honors reflect our commitment to your professional satisfaction and growth.

Building on a Legacy

Our future is bright, but it's anchored in a long history of stability. Since our founding in 1904, we've dedicated ourselves to helping businesses protect their futures. That trust has made us one of the largest and most financially stable mutual insurance companies in the U.S. We're proud to have maintained an A+ rating from A.M. Best, the industry's leading authority, for over 30 years.

Your Career, Our Community

Whether you're working at our headquarters in Stevens Point, Wisconsin, or one of our many offices across the country, you'll find a challenging and rewarding environment. Explore theOur Teamstab on our Career Page to see the diverse career paths we offer, with a focus on ongoing development and professional growth.

Ready to own your future? Join us at Sentry, opportunities await!

Casey Van Der Geest

Talent Acquisition Specialist

Casey.VanDerGeest@sentry.com

Equal Employment Opportunity

Sentry is an Equal Opportunity Employer. It is our policy that there be no discrimination in employment based on race, color, national origin, religion, sex, disability, age, marital status, or sexual orientation.