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Captive Insurance Manager Jobs in Minnesota (NOW HIRING)

StaffMyAgency LLC

INSURANCE AGENT TRAINEE

Plymouth, MN · On-site

$120K/yr

You will be captive with brokerage access!! * Mentorship from top-performing Farmers agents ... Proven marketing, CRM, and lead generation systems * Leadership development and potential to work ...

Polaris, Inc.

Sr. Financial Analyst

Medina, MN · On-site

$80K - $111K/yr

... 54, Polaris' captive insurance company. In this role, you will be responsible for financial ... Ability to manage multiple priorities and work independently. * Effective written and verbal ...

Polaris, Inc.

Sr. Financial Analyst

Medina, MN · Hybrid

$80K - $111K/yr

... 54, Polaris' captive insurance company. In this role, you will be responsible for financial ... Ability to manage multiple priorities and work independently. * Effective written and verbal ...

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All JobsCaptive Insurance Manager JobsCaptive Insurance Manager Jobs in Minnesota

Captive Insurance Manager information

See Minnesota salary details

$36.7K

$81.1K

$120K

How much do captive insurance manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for captive insurance manager in Minnesota is $81,093.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,100.00 and $97,000.00 per year, depending on experience, location, and employer.

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 and certifications can earn higher salaries, often exceeding $200,000 with bonuses and benefits included.

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 positions. These roles require extensive experience, leadership skills, and often advanced certifications, and they oversee company strategy, underwriting, and risk management at the highest level.

What is a captive insurance manager?

A captive insurance manager is a professional responsible for overseeing the operations of a captive insurance company, which is a wholly owned subsidiary created to insure the risks of its parent company or related entities. They handle tasks such as policy management, compliance, risk assessment, and financial reporting, often requiring knowledge of insurance regulations and management software. This role typically involves collaboration with actuaries, underwriters, and legal teams to ensure the captive operates effectively and meets regulatory standards.

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.

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 jobs pay 2000 a day?

Captive Insurance Managers can earn around $2,000 or more per day, especially those with extensive experience, specialized skills, or managing large, complex portfolios. High earnings are often associated with senior roles, certifications like CPCU or ARM, and working in a high-demand, regulated environment. Such roles typically require strong financial, risk management, and insurance knowledge, along with significant responsibility and decision-making authority.
What are the most commonly searched types of Captive Insurance jobs in Minnesota? The most popular types of Captive Insurance jobs in Minnesota are:
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What cities in Minnesota are hiring for Captive Insurance Manager jobs? Cities in Minnesota with the most Captive Insurance Manager job openings:
Captive Insurance Manager jobs near you
Infographic showing various Captive Insurance Manager job openings in Minnesota as of June 2026, with employment types broken down into 8% As Needed, 13% Full Time, 70% Part Time, 2% Temporary, 5% Contract, and 2% Nights. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $81,093 per year, or $39 per hour.

Business Development Representative

Restoration Network Inc.

Maple Grove, MN • On-site

$100K/yr

Full-time

Medical, Dental, Vision, PTO

Posted 7 days ago

Job description

Description
The Opportunity
Restoration Network Inc. is a fire, water, and storm restoration company based in Maple Grove, MN. We're growing fast and looking for a driven Business Development Representative to build and own our insurance agent channel from the ground up.
This is a territory-development role. You'll be the face of RNI to independent and captive insurance agents across your market. The relationships you build become your book. As referral volume grows, so does your commission income. We're looking for someone who sees a blank territory not as a challenge, but as an opportunity.
Compensation & Growth
  • Base salary of $65,000 - $80,000 depending on experience, plus a commission structure that rewards you for every referral relationship you build. As your territory matures and referral volume compounds, your income grows with it. We expect strong performers to clear $100,000 in year one.
  • Upside performance bonus on all sourced revenue. Company vehicle provided
  • Health insurance, dental, vision
  • Paid time off and holidays
  • Phone, laptop, expense account for department events, food drops, and sponsorships

This is a ground-floor role at a company that's scaling intentionally. The rep who builds this channel has a real seat at the table as we grow.
Responsibilities
What You'll Do
• Identify, prospect, and build relationships with independent and captive insurance agents in your assigned territory
• Convert agents into active referral partners who send their insured clients directly to RNI when losses occur
• Maintain consistent touchpoints with your agent network: lunches, office visits, and check-in calls to stay top of mind when a claim happens
• Track your pipeline, referral activity, and partner performance; report on territory development progress weekly
• Collaborate with RNI's mitigation and reconstruction teams to ensure every agent-referred client receives an exceptional experience
Qualifications
What We're Looking For
• Proven experience in outside sales, business development, or relationship-based selling. Restoration, insurance, or adjacent industries strongly preferred
• Understanding of the insurance claims process and how agents influence contractor selection during a loss event
• Self-starter mindset. Comfortable cold-walking into an agent's office, following up relentlessly, and playing the long game to earn trust
• Strong interpersonal skills. People genuinely enjoy talking to you, and you know how to make people feel taken care of
• Organized and accountable. You track your own activity, hit your commitments, and don't need to be managed

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