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Captive Insurance Manager Jobs in Rhode Island (NOW HIRING)

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Captive Insurance Manager information

See Rhode Island salary details

$36.7K

$81.1K

$120K

How much do captive insurance manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for captive insurance manager in Rhode Island is $81,085.00, 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.

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.

Who are the largest captive insurance managers?

The largest captive insurance managers include companies like Marsh Captive Solutions, Aon Captive & Insurance Management, and Willis Towers Watson. These firms offer specialized management services for captive insurance companies, often requiring certifications and experience in risk management and insurance operations.

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 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 popular job titles related to Captive Insurance Manager jobs in Rhode Island? For Captive Insurance Manager jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Captive Insurance Manager jobs in Rhode Island look for? The top searched job categories for Captive Insurance Manager jobs in Rhode Island are:
What cities in Rhode Island are hiring for Captive Insurance Manager jobs? Cities in Rhode Island with the most Captive Insurance Manager job openings:
Captive Insurance Manager jobs near you
Infographic showing various Captive Insurance Manager job openings in Rhode Island as of August 2026, with employment types broken down into 96% Full Time, and 4% Contract. Highlights an 73% In-person, 6% Hybrid, and 21% Remote job distribution, with an average salary of $81,085 per year, or $39 per hour.

National Practice Leader, Self-Funded & Captive Insurance

Hilb Group

Cranston, RI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New

Hilb Group rating

8.0

Company rating: 8.0 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

163rd of 304 rated insurance

Job description

Grow With Us! At Hilb Group, we recognize that our associates are our greatest asset. We promote a service-driven culture of high performance that encourages career and professional development. The Hilb Group is currently seeking a motivated and ambitious National Practice Leader, Self-Funded & Captive Insurance to join our team. This position will report to our agency located in Cranston, RI. The ideal candidate will be motivated to succeed, is well organized, able to prioritize, and able to work well with a team. This is an in-office position.
Responsibilities:
  • Develop and execute the practice's strategic vision and business plans.
  • Lead cross-functional initiatives and align stakeholders around key objectives.
  • Enhance organizational performance and client outcomes.
  • Drive revenue growth through new business, client expansion, and market development.
  • Support producers in executive presentations, proposals, and finalist meetings.
  • Increase market presence and practice visibility.
  • Establish goals, metrics, dashboards, and accountability measures.
  • Monitor performance, manage risks, and ensure timely execution.
  • Maintain compliance with regulatory and governance requirements.
  • Serve as a trusted advisor to clients, carriers, vendors, and internal partners.
  • Lead captive meetings and support risk management and funding strategies.
  • Build and maintain key strategic relationships.
  • Mentor producers and team members.
  • Promote best practices, accountability, collaboration, and innovation.
  • Influence and align teams to achieve strategic outcomes.

Qualifications:
  • 10+ years in employee benefits, captive insurance, self-funded health plans, consulting, business development, or related leadership roles.
  • Proven success leading strategic initiatives and cross-functional teams.
  • Bachelor's degree required.
  • Life and Health Insurance License or ability to immediately obtain.
  • Deep knowledge of self-funded plans, captive structures, alternative funding, risk management, and regulatory compliance.
  • Experience supporting complex client benefit funding strategies.
  • Strategic Leadership
  • Business Development & Sales Enablement
  • Executive Presence
  • Client Relationship Management
  • Project/Program Management
  • Financial & Analytical Acumen
  • Negotiation & Presentation Skills
  • Change Leadership
  • Team Development

Benefits:
  • Company Paid Life Insurance, Long-Term and Short-Term Disability.
  • Medical, Dental, Vision and FSA/HSA plans.
  • 401(k) with company match.
  • Additional voluntary benefits including Critical Illness, Accident Insurance, Hospital Indemnity and Supplemental Life Insurance, Legal and Identity Protection, and Pet benefits.
  • Generous PTO.
  • An awesome team of professionals!

The Hilb Group is an equal opportunity employer, and we actively support and comply with all applicable federal, state, and local laws prohibiting all forms of discrimination in employment. Additionally, we have a zero-tolerance policy for all forms of harassment in violation of federal, state, and local laws.

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