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Captive Insurance Manager Jobs in Michigan (NOW HIRING)

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Retail Sales Account Manager

Southfield, MI · On-site

$52K - $85K/yr

As a captive agent who works under the larger agency, you'll receive support, training and an ... Active State of Michigan health and life insurance license (or ability to obtain within company ...

MassMutual Great Lakes

Financial Advisor

Southfield, MI · On-site

$50K - $75K/yr

Our award-winning training, practice management tools, and leadership development programs are ... You'll operate under a non-captive, open-architecture platform, giving you access to a wide range ...

MassMutual Great Lakes

Financial Advisor

Grand Rapids, MI · On-site

$50K - $75K/yr

Our award-winning training, practice management tools, and leadership development programs are ... You'll operate under a non-captive, open-architecture platform, giving you access to a wide range ...

MassMutual Great Lakes

Financial Advisor

Southfield, MI · On-site

$50K - $75K/yr

Our award-winning training, practice management tools, and leadership development programs are ... You'll operate under a non-captive, open-architecture platform, giving you access to a wide range ...

MassMutual Great Lakes

Financial Advisor

Grand Rapids, MI · On-site

$50K - $75K/yr

Our award-winning training, practice management tools, and leadership development programs are ... You'll operate under a non-captive, open-architecture platform, giving you access to a wide range ...

Josh's Frogs

Insect Packer (Evergreen)

Durand, MI

$15/hr

Health, dental, and vision Insurance (Josh's Frogs contributes 80% for single and family coverage ... management Basic computer skills Special consideration is given to those with: Leadership ...

Ilitch Companies

General Accountant

Detroit, MI · On-site

Manage insurance reimbursement requests and tracking captive activity. * Ensure compliance with internal control policies and procedures to mitigate financial risks and ensure regulatory compliance.

Ilitch Companies

General Accountant

Detroit, MI · On-site

Manage insurance reimbursement requests and tracking captive activity. * Ensure compliance with internal control policies and procedures to mitigate financial risks and ensure regulatory compliance.

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All JobsCaptive Insurance JobsCaptive Insurance Manager JobsCaptive Insurance Manager Jobs in Michigan

Captive Insurance Manager information

See Michigan salary details

$32.7K

$72.2K

$106.8K

How much do captive insurance manager jobs pay per year?

As of Jul 16, 2026, the average yearly pay for captive insurance manager in Michigan is $72,166.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $86,300.00 per year, depending on experience, location, and employer.

What does a captive manager do?

A captive insurance manager oversees the operations of a captive insurance company, which is a subsidiary created to insure the risks of its parent company or related entities. They handle regulatory compliance, risk management strategies, financial reporting, and ensure the captive operates efficiently and within legal requirements. Strong knowledge of insurance regulations, risk assessment, and management software is essential for this role.

How much do captive managers make?

Captive insurance managers typically earn between $80,000 and $150,000 annually, depending on experience, location, and the size of the captive. Senior managers or those with specialized skills can earn higher salaries, often supplemented by bonuses and benefits. Certifications such as CPCU or ARM can also influence earning potential.

What is the highest paid position in insurance?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, and Chief Risk Officer tend to be the highest paid. These positions require extensive experience, leadership skills, and often advanced certifications, and they oversee company strategy, underwriting, and risk management at the highest level.

What are the key skills and qualifications needed to thrive in the Captive Insurance Manager position, and why are they important?

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.

Who are the largest captive managers?

The largest captive managers include companies like Marsh Captive Solutions, Aon Captive & Insurance Management, and Willis Towers Watson. These firms provide comprehensive management services for captive insurance companies, often requiring specialized knowledge in risk management, compliance, and insurance regulations.

What is a Captive Insurance Manager job?

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 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 Michigan? The most popular types of Captive Insurance jobs in Michigan are:
What are popular job titles related to Captive Insurance Manager jobs in Michigan? For Captive Insurance Manager jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Captive Insurance Manager jobs in Michigan look for? The top searched job categories for Captive Insurance Manager jobs in Michigan are:
What cities in Michigan are hiring for Captive Insurance Manager jobs? Cities in Michigan with the most Captive Insurance Manager job openings:
Captive Insurance Manager jobs near you
Business Development Manager

Business Development Manager

Peak Performance Team

Detroit, MI

$120K - $150K/yr

Full-time

Medical, Retirement, PTO

Re-posted 7 days ago

Job description

Business Development Manager - Peak Performance Team

PEAK PERFORMANCE TEAM IS NOW HIRING for Business Development Managers (Automotive, F&I. Training, Dealer Developement and Consulting)

Peak Performance Team Inc. is expanding and looking for individuals that will be responsible for acquisition, development, performance, and management of automotive accounts. The successful candidate will be a high-performance individual with the personality and professionalism to work with dealership management. Automotive experience is a MUST.

Territory:

What you'll be doing:

  • Prospecting and acquiring new automotive dealership accounts
  • Developing F&I product sales and improving overall F&I performance
  • Implementing policies and procedures for newly acquired business
  • Conducting sales presentations and dealership training
  • Tracking and monitoring performance

What we expect:

  • Proven general manager, sales manager, and/or F&I director/manager experience
  • Extensive knowledge of retail automobile dealership operations
  • Excellent presentation, communication, and sales skills
  • Basic computer skills in Microsoft Word and Excel
  • Learn to use the company CRM
  • Extensive travel within assigned territory
  • Must be a team player as well as being able to work independently

What you should expect:

  • Guaranteed income while training
  • $120,000 - $150,000 PLUS as a realistic year one.
  • Expense reimbursement
  • Full benefits package including health care, 401K, paid time off and more
  • A family-first, encouraging team culture

It is critical that the successful candidates be able to work solo and are willing to travel extensively.

These are HIGHLY lucrative and sought-after roles that only present themselves a time or two a year. APPLY TODAY and if you match the criteria on paper, you'll get a call today from the hiring manager!

About Us

At Peak Performance Team, our core philosophy is that leaders should have the freedom to make their own decisions regarding the products they offer and how they handle claims. We accomplish this by creating customized, wealth-building purchase and protection products, previously available only to administrators and the largest franchise dealer groups and bring them to all dealerships..and we’ll train your staff in the best ways to present and sell the products to maximize your profits and create a satisfied customer-base who will not only return for future purchases but will also sell YOU to their families and friends. We’ll make you their hero!

PPT staff is comprised of industry experts dedicated to their craft. As real-world professionals who have spent years working in dealerships, insurance companies, and TPA’s; we have become true subject matter experts in sales and marketing, captive and risk management, product design, and more. We understand the complexities and challenges that dealers face. That’s why we’ve made it our revenue rather than lining the pockets of a corporate administrator.