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Captive Insurance Manager Jobs in Philadelphia, PA

Accounting Manager

Camden, NJ · On-site

$145K - $175K/yr

The Accounting Manager is responsible for overseeing accounting operations and financial reporting across the family office, real estate, captive insurance, and nuclear decommissioning trust ...

Captives Underwriter

King Of Prussia, PA · 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 ...

Crumdale Specialty is a diversified insurance firm providing custom, self-funded healthcare ... Coordinate with underwriting, operations, account management, and solution partners to ensure ...

Captive Solutions Partner

Paoli, PA · Remote

$119K/yr

Crumdale Specialty is a diversified insurance firm providing custom, self-funded healthcare ... Coordinate with underwriting, operations, account management, and solution partners to ensure ...

Captives Underwriter

King Of Prussia, PA · 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 ...

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Captive Insurance Manager information

See Philadelphia, PA salary details

$37.8K

$83.5K

$123.6K

How much do captive insurance manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for captive insurance manager in Philadelphia, PA is $83,550.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,100.00 and $99,900.00 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 Philadelphia, PA?

The most popular types of Captive Insurance jobs in Philadelphia, PA are:

What are popular job titles related to Captive Insurance Manager jobs in Philadelphia, PA?

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

What cities near Philadelphia, PA are hiring for Captive Insurance Manager jobs?

Cities near Philadelphia, PA with the most Captive Insurance Manager job openings:

Infographic showing various Captive Insurance Manager job openings in Philadelphia, PA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 49% In-person, 13% Hybrid, and 38% Remote job distribution, with an average salary of $83,550 per year, or $40.2 per hour.

$106K - $175K/yr

Full-time

Medical, Retirement

Re-posted 21 days ago


Key responsibilities

  • Serve as a key resource for Producers to identify prospective captive clients, qualify accounts, and support pipeline development.

  • Participate in meetings with Producers and prospective clients to assess captive suitability and deliver tailored presentations explaining captive concepts and value propositions.

  • Support new client onboarding, develop strategic proposals, and build long-term client relationships to foster loyalty and business growth.


Job description

Company:
Marsh McLennan Agency
Description:
Graham Company, a division of Marsh McLennan Agency, is an insurance brokerage and consulting firmcommitted to creating a healthy, safe, and prosperous tomorrow.
We valueempathy, discipline, integrity, courage, and tenacity- and we are seeking professionals who share these values to join our team.
JOB PURPOSE:
The Captive Consultant is focused on expanding our captive pipeline, working closely with Producers to identify and bring in new captive clients, as well as targeting cross-sell opportunities within our existing client relationships to support the strategic growth of our captive book of business. The ideal candidate will leverage their business development acumen, industry expertise, and exceptional communication skills to help position our team as a trusted partner in the captive insurance space.
JOB FUNCTIONS & RESPONSIBILITIES:
  • Serve as a key resource for Producers to identify prospective captive clients within the sales pipeline, focused on qualifying accounts to ensure they meet Graham Company's underwriting and revenue criteria, and supporting efficient pipeline development to contribute to the growth of the Captive Practice.
  • Actively participate in meetings with Producers and prospective captive clients to assess captive suitability throughout the sales lifecycle.
  • Deliver engaging, tailored presentations to prospective and existing clients, clearly articulating complex captive concepts and value propositions to facilitate understanding and informed decision-making.
  • Proactively identify and pursue new captive business opportunities within our existing book of business to support cross-sell initiatives.
  • Assist in developing compelling proposals, reports, and strategic recommendations that align with prospective captive client needs and business objectives.
  • Identify new, strategic marketing opportunities and act as a liaison between Graham Company's Marketing and Production teams to develop targeted campaigns.
  • Support new client onboarding, project execution, and ongoing relationship management by collaborating with service teams to ensure a seamless client experience.
  • Build and nurture strong, long-term client relationships to foster loyalty, generate referrals, and support overall business growth.
  • Establish rapport with potential clients and effectively communicate Graham Company's captive value proposition.
  • Leverage prior captive insurance experience and stay informed on industry trends, regulatory developments, and best practices to provide industry insights, market intelligence, and strategic advice that enhance our positioning as a trusted advisor.

JOB SPECIFICATIONS:
  • Five or more years of progressive insurance industry experience, with experience handling large national accounts or captives.
  • Experience with single parent or cell captives preferred, but not required.
  • Demonstrated track record in account management, underwriting, sales, or business development required.
  • Strong presentation, communication, and interpersonal skills.
  • Demonstrated ability to identify opportunities, build relationships, and close new business.
  • Strategic thinker with a proactive approach to market engagement.
  • Professional demeanor.
  • Proficient in Graham standard computer applications.
  • Regular and predictable attendance in accordance with the limitations and reporting procedures established by The Graham Company from time to time.
  • Employees are required to be fit-for-duty which includes not being under the influence of drugs and/or alcohol. This includes any drugs that might impact an employee's ability to safely perform their job.

The applicable base salary range for this role is $106,700 to $175,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com
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