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Captive Insurance Manager Jobs (NOW HIRING)

Captive Consultant

$84.20K - $125K/yr

Captive Feasibility & Program Design * Produce key sections of feasibility studies, including risk ... S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance ...

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Captive Insurance Manager information

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$37.5K

$82.8K

$122.5K

How much do captive insurance manager jobs pay per year?

As of May 30, 2026, the average yearly pay for captive insurance manager in the United States is $82,798.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $99,000.00 per year, depending on experience, location, and employer.

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 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 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 cities are hiring for Captive Insurance Manager jobs? Cities with the most Captive Insurance Manager job openings:
What are the most commonly searched types of Captive Insurance jobs? The most popular types of Captive Insurance jobs are:
What states have the most Captive Insurance Manager jobs? States with the most job openings for Captive Insurance Manager jobs include:
Infographic showing various Captive Insurance Manager job openings in the United States as of May 2026, with employment types broken down into 1% Internship, 3% As Needed, 1% Full Time, 93% Part Time, and 2% Temporary. Highlights an 93% Physical, and 7% Remote job distribution, with an average salary of $82,798 per year, or $39.8 per hour.
Captive Consultant - Property & Casualty

Captive Consultant - Property & Casualty

Cottingham & Butler

Dubuque, IA • On-site

Other

Posted 25 days ago


Cottingham & Butler rating

8.6

Company rating: 8.6 out of 10

Based on 10 frontline employees who took The Breakroom Quiz

73rd of 259 rated insurance


Job description

We are seeking a knowledgeable and strategic Insurance Captive Consultant specializing in Property & Casualty (P&C) to advise clients and work with producers on the formation, management, and optimization of captive insurance solutions. This role involves working closely with businesses to assess risk profiles, design tailored captive structures and ensure regulatory compliance while maximizing financial and operational benefits.

Key Responsibilities:

  • Consult with clients to evaluate risk exposures and determine the feasibility of captive insurance solutions for P&C coverage.
  • Conduct financial modeling, cost-benefit analysis, and risk retention studies to support captive formation and ongoing growth.
  • Collaborate with legal, actuarial, and tax professionals to ensure compliance with regulatory and jurisdictional requirements.
  • Monitor captive performance, analyze claims data, and recommend adjustments to optimize risk financing strategies.
  • Provide ongoing advisory services, including annual reviews, board reporting, and strategic planning for captive evolution.
  • Stay current on industry trends, regulatory changes, and emerging risks in the P&C insurance landscape.

Qualifications:

  • Bachelor's degree in Risk Management, Finance, Insurance, or a related field (advanced degree or CPCU/ARM designation preferred).
  • 5+ years of experience in P&C insurance, risk management, or captive consulting.
  • Strong understanding of insurance regulations, captive structures, and alternative risk financing.
  • Excellent analytical, communication, and client relationship management skills.
  • Ability to work independently and collaboratively in a fast-paced, client-focused environment.
  • Proficiency in financial modeling tools and insurance management software.

About Cottingham & Butler:

At Cottingham & Butler, we sell a promise to help our clients through life's toughest moments. To deliver on that promise, we aim to hire, train, and grow the best professionals in the industry. We look for people with an insatiable desire to succeed, are committed to growing, and thrive on challenges. Our culture is guided by the theme of "better every day" constantly pushing ourselves to be better than yesterday - that's who we are and what we believe in.

As an organization, we are tremendously optimistic about the future and have incredibly high expectations for our people and our performance. Our ability to grow as a company, fuels investments in new resources to better serve our clients and provide the amazing career opportunities our employees want and deserve. This is why we are a growth company and why we are committed to being better every day. 

Want to learn more? Follow us on www.CottinghamButler.com | LinkedIn | Facebook


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