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Captive Insurance Company Jobs (NOW HIRING)

Invenergy LLC

Manager, Insurance (Captive)

Chicago, IL · On-site

The Manager, Insurance will be responsible for overseeing the captive insurance program. This ... and company performance. Your recruiter can share more about bonus eligibility for this position ...

Invenergy LLC

Manager, Insurance (Captive)

Chicago, IL · On-site

The Manager, Insurance will be responsible for overseeing the captive insurance program. This ... and company performance. Your recruiter can share more about bonus eligibility for this position ...

Invenergy

Manager, Insurance (Captive)

Chicago, IL · On-site

The Manager, Insurance will be responsible for overseeing the captive insurance program. This ... and company performance. Your recruiter can share more about bonus eligibility for this position ...

Invenergy, LLC

Manager, Insurance (Captive)

Chicago, IL · On-site

$120 - $139/hr

## Manager, Insurance (Captive)Applylocations: Chicago - OSWtime type: Full timeposted on: Posted 30 ... and company performance. Your recruiter can share more about bonus eligibility for this position ...

Hylant

Captive Account Executive

OR · On-site +1

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 ...

Hylant

Captive Account Executive

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 ...

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Captive Insurance Company information

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$25K

$65K

$121.5K

How much do captive insurance company jobs pay per year?

As of Aug 23, 2026, the average yearly pay for captive insurance company in the United States is $65,022.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,500.00 and $77,000.00 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.
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What cities are hiring for Captive Insurance Company jobs?

Cities with the most Captive Insurance Company job openings:

What states have the most Captive Insurance Company jobs?

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

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

Captive Insurance Company jobs near you
Infographic showing various Captive Insurance Company job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 24% Part Time, 4% Contract, and 1% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $65,022 per year, or $31.3 per hour.

Manager, Insurance (Captive)

Invenergy LLC

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 14 days ago

Invenergy rating

9.3

Company rating: 9.3 out of 10

Based on 10 frontline employees who took The Breakroom Quiz

Job description

Invenergy is North America's largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.
This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.
Job Description
Position Overview:
The Manager, Insurance will be responsible for overseeing the captive insurance program. This person will be the SME for the captive insurance program here at Invenergy.
Responsibilities:
  • Support Vice President, Insurance, with all aspects of the captive insurance requirements of an energy portfolio.
  • Work collaboratively with brokers, reinsurers, and tax/legal counsel to develop and evaluate insurance products, policy terms and conditions, as well as evaluate written coverage to outgoing/ceded reinsurance.
  • Support development of business plans and pro forma financial statements. Maintain financial and operational records.
  • Provide regulatory, insurance, risk management, underwriting expertise, and administrative captive management support.
  • Coordinate new placements and renewal efforts with brokers, consultants, insurers and Invenergy's insurance team.
  • Oversee timely and efficient management of insurance and reinsurance documentation.
  • Oversee premiums billing and manage collateral requirements.
  • Provide claims support.
  • Manage communication with state regulators for changes to the insurance program/business plan.
  • Support the preparation for an participate in board meetings.

Basic Qualifications
  • Bachelor's degree in insurance, risk management or other relevant majors
  • 5+ years of working insurance or risk management industry experience
  • Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Skills
  • Power and/or natural gas experience is preferred.
  • Other majors may be acceptable if supported by strong industry experience and insurance industry designations such as CPCU and ARM.
  • Working experience with setting up and operating captive insurance companies/cells.
  • Commercial Insurance experience including, Property, Casualty, Forced Outage, Capacity payments, parametric, tax and representations and warranties insurance is preferred.
  • Insurance or risk management designations.
  • Ability to communicate verbally and in writing in Spanish or Japanese is a strong asset.
  • Track record of being able to work reliably under tight timelines, experience training junior team members and propose, design and implement process improvements.
  • Strong analytical and problem-solving skills and good attention to details.
  • Exceptional organizational and time management skills to complete settlement responsibilities in accordance with internal and external deadlines.
  • Must be able to work independently with minimal oversight as well as in a team setting.
  • Exhibit effective written and oral communication skills, including email, Skype and Microsoft Teams video conferencing, phone, and in-person communications.
  • Must be a self-starting and motivated team player who is able to efficiently become skilled at new systems and effectively manage deadlines.

Base Pay
120,000.00 - 139,000.00 USD Annual
Bonus: 25% - 40%
The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.
Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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