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Captive Insurance Manager Jobs in Maryland (NOW HIRING)

Captives Underwriter

Hunt Valley, MD · Hybrid

$124K - $199K/yr

The Captives Underwriter does not have any direct reports but is the client manager and is ... Experience with Captive insurance programs is desirable * Strong Excel and Math skills * Strong ...

Captives Underwriter

Hunt Valley, MD · Hybrid

$124K - $199K/yr

... insurance company that goes well beyond coverages and policies. Working here means having every ... Builds strong relationships with Captive customers and Captive Managers. * Closely manages results ...

This is a remote position where you'll work directly with clients to recommend and manage mutual ... Experience working within a captive insurance agency model. Background in insurance and financial ...

Captive insurance experience is preferred. Physical Demands and Work Environment * While performing ... Enterprise Risk Management solutions and Oxford Risk Management Group go hand-in-hand. Oxford has ...

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Showing results 1-20

Captive Insurance Manager information

See Maryland salary details

$36.4K

$80.4K

$118.9K

How much do captive insurance manager jobs pay per year?

As of Sep 3, 2026, the average yearly pay for captive insurance manager in Maryland is $80,359.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,500.00 and $96,100.00 per year, depending on experience, location, and employer.

What is a captive insurance manager?

A Captive Insurance Manager oversees the operation and compliance of a captive insurance company, which is a subsidiary created by a parent company to insure its own risks. Their responsibilities include financial management, regulatory compliance, policy issuance, and claims oversight. They work closely with regulators, auditors, and actuaries to ensure the captive remains solvent and compliant. Additionally, they analyze risk exposure and recommend strategies to optimize coverage and financial efficiency.

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

To thrive as a Captive Insurance Manager, you need a solid understanding of insurance principles, risk management, regulatory compliance, and finance, typically supported by a bachelor’s degree in business, finance, or a related field. Familiarity with captive management software, data analysis tools, and industry certifications such as the Associate in Captive Insurance (ACI) or Chartered Property Casualty Underwriter (CPCU) is valuable. Strong organizational skills, attention to detail, effective communication, and the ability to build client relationships set successful managers apart. These competencies help ensure the effective administration of captive insurance programs, compliance with regulations, and delivery of tailored solutions to clients.

What are the typical career advancement opportunities for a captive insurance manager?

Captive Insurance Managers can progress in their careers by moving into senior management roles, such as Director of Captive Operations or Chief Risk Officer, especially within larger insurance or risk management firms. Many also transition into specialized consulting, regulatory positions, or broader roles in corporate risk management, expanding their influence and expertise. As the captive insurance industry grows, there are increasing opportunities to manage larger portfolios, lead teams, and help shape company strategy. Pursuing additional professional certifications and building a strong network within the industry can further enhance advancement prospects.

What are the most commonly searched types of Captive Insurance jobs in Maryland?

The most popular types of Captive Insurance jobs in Maryland are:

What are popular job titles related to Captive Insurance Manager jobs in Maryland?

For Captive Insurance Manager jobs in Maryland, the most frequently searched job titles are:

Infographic showing various Captive Insurance Manager job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 18% Part Time, and 5% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $80,359 per year, or $38.6 per hour.

Captive Implementation Manager

One80 Intermediaries

Sparks, MD • On-site

$64K - $92K/yr

Full-time

Re-posted 13 days ago


Job description

The Captive Implementation Manager (CIM) is responsible for assigned new business implementations and managing select renewal activities that require review and approval from the Department of Insurance. The CIM serves as the project manager of these new implementations and certain renewal functions. The CIM will work independently and oversee key functions within the Captive Implementation Department pertaining to their assigned new implementation cases and select renewals. This position requires critical thinking, effective communication, and organization.
The CIM must be creative and enjoy working within an entrepreneurial environment that is mission-driven, results-driven and community oriented. The ideal individual will be organized and able to maintain a realistic balance among multiple priorities, can exercise good judgment in a variety of situations and demonstrate strong written and verbal communication skills. The CIM is responsible for executing activities tied to new business implementation and designated regulatory renewals and must demonstrate the ability to operate efficiently in high-pressure, fast-paced conditions.
Your Impact:
  • Project manage new captive business implementations and certain renewal functions, maintaining communication throughout the course of the process to meet client and broker expectations
  • Lead the implementation process for new captive insurance entities from up front engagement to regulatory approval and formal closing
  • Understand the regulatory requirements to ensure timely and accurate submissions to the Departments of Insurance
  • Operate as the lead point of contact for client questions and matters throughout the onboarding process
  • Provide case-based communication to external service providers, cross-functional team members, and clients to ensure day-to-day tasks necessary to drive case completion are managed as part of the implementation critical path.
  • Prepare, circulate and follow up on captive-specific technical insurance documents
  • Review documents in detail to confirm accuracy and completion
  • Communicate and clarify technical regulatory requirements to clients and brokers, when needed.
  • Prepare and submit prospective client captive insurance licensing application packages to Departments of Insurance
  • Manage captive application process to ensure all material requirements are satisfied
  • Understand when a notification or amendment is required for submission to the Department of Insurance for renewal clients and be able to communicate requirements to prepare for regulatory submission
  • Prepare and submit renewal notifications and amendments to the Departments of Insurance, when necessary
  • Maintain case tracking databases and client files
  • Complete various projects assigned

Successful Candidates Will Have:
  • 5+ years in the insurance for financial services industry
  • Captive insurance experience a plus
  • Strong organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent diligence
  • Strong interpersonal skills and the ability to build and maintain relationships with clients, advisors, service providers and peers
  • Works well under deadline driven situations and in high-pressure environments.
  • Accomplished in Microsoft Word, Excel, Adobe PDF, and project tracking tools

Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies is an Accession Risk Management Group company, with over 200 offices and more than 5,000 employees across the U.S. and Canada.
Our industry recognition includes being named a Great Place to Work, Best Places to Work in Insurance, and on the Inc. 5000 list as one of America's Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.
Pay Range:
$64,800 - $92,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.
One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.
Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.
Personal information submitted by California applicants in response to a job posting is subject to One80's California Job Applicant Privacy Notice .
Recruiting Vendor Disclosure Statement
Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and receive prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.