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Captive Manager Jobs (NOW HIRING)

Cherry Bekaert LLP

Cherry Bekaert, a full-service accounting and advisory firm, is seeking an Experienced Captive Manager and Accountant to join our Finance & Accounting Outsourcing (FAO) practice, supporting clients ...

HUB International

ABOUT SCG Specialty Captive Group (SCG), a division of Specialty Program Group LLC, is a full-service captive management and captive consulting firm rapidly growing in an evolving industry. With an ...

HUB

Captive Advisor

Pittsburgh, PA · On-site

ABOUT SCG Specialty Captive Group (SCG), a division of Specialty Program Group LLC, is a full-service captive management and captive consulting firm rapidly growing in an evolving industry. With an ...

cokeflorida

Senior Manager, Risk Financing

Tampa, FL · On-site

The role partners closely with Finance, Claims, ERM, the Captive Manager, Legal, operating affiliates, brokers, actuaries, carriers, and reinsurers to ensure risk financing decisions are analytically ...

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Captive Manager information

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$22.5K

$64.2K

$114K

How much do captive manager jobs pay per year?

As of Sep 14, 2026, the average yearly pay for captive manager in the United States is $64,154.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,000.00 and $84,500.00 per year, depending on experience, location, and employer.

What is a captive manager?

Captive Managers are professionals or firms responsible for overseeing the day-to-day operations of captive insurance companies. They handle regulatory compliance, financial reporting, underwriting, and claims management for the captive. Their expertise ensures the captive operates effectively, meets legal requirements, and achieves its risk management goals. Captive Managers also act as a liaison between the captive insurer, regulators, and service providers.

What are the key skills and qualifications needed to thrive as a captive manager?

To thrive as a Captive Manager, you need deep knowledge of insurance, risk management, and financial analysis, often supported by a degree in finance, accounting, or a related field, and relevant professional designations such as CPCU or ARM. Familiarity with captive insurance software, regulatory compliance systems, and financial reporting tools is typically required. Strong organizational skills, attention to detail, and effective communication are essential soft skills for building client relationships and managing complex regulatory requirements. These skills are vital to ensure proper operation, compliance, and profitability of captive insurance organizations while meeting client and regulatory expectations.

What are some common challenges a captive manager faces when overseeing multiple captive insurance entities?

Captive Managers often navigate complex regulatory requirements that vary by jurisdiction, which can be challenging when managing multiple captives domiciled in different regions. They must also ensure compliance with evolving industry standards, coordinate with various stakeholders such as actuaries and auditors, and maintain robust financial reporting. Effective communication and organization are key, as Captive Managers juggle competing priorities and deadlines while supporting clients’ risk management goals.

What is the difference between Captive Manager vs Insurance Underwriter?

AspectCaptive ManagerInsurance Underwriter
CredentialsTypically requires insurance or finance certifications, such as CPCU or ARMRequires actuarial credentials or insurance licenses
Work EnvironmentWorks within captive insurance companies, managing policies and riskWorks for insurance companies, assessing risk and determining policy terms
Employer & IndustryEmployers are captive insurance firms or corporations with self-insurance programsEmployers are insurance carriers or brokers in the insurance industry
Search & Comparison IntentOften compared for risk management and policy administration rolesCompared for underwriting, risk assessment, and policy pricing roles

In summary, Captive Managers focus on managing self-insurance programs within captive insurance companies, while Insurance Underwriters evaluate risk and determine policy terms for insurance providers. Both roles require insurance-related credentials and are integral to the insurance industry, but they differ in responsibilities and work environments.

How much do captive managers make?

Captive managers typically earn a salary ranging from $70,000 to $130,000 annually, depending on experience, location, and the size of the captive insurance company. Senior roles or those with specialized skills can earn higher compensation, often supplemented with bonuses and benefits.

What states have the most Captive Manager jobs?

States with the most job openings for Captive Manager jobs include:

What are popular job titles related to Captive Manager jobs?

For Captive Manager jobs, the most frequently searched job titles are:

Infographic showing various Captive Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $64,154 per year, or $30.8 per hour.

Senior Associate, Finance & Accounting Outsourcing (Captive Insurance Industry)

Remote

Cherry Bekaert
Accounting Services • 1 - 5K employees
Learn more about Cherry Bekaertexternal

Full-time

Re-posted 3 days ago

Cherry Bekaert rating

9.2

Company rating: 9.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

Job description

Cherry Bekaert, a full-service accounting and advisory firm, is seeking an Experienced Captive Manager and Accountant to join our Finance & Accounting Outsourcing (FAO) practice, supporting clients in the Captive Insurance industry. This role is critical in delivering high-quality outsourced accounting and regulatory filing services across multiple client engagements, with responsibilities for day-to-day accounting and reporting as well as with captive operations and monthly, quarterly, and annual close activities. The Experienced Senior Accountant will support captive insurance entities with all facets of operational accounting, including general ledger, accounts payable, accounts receivable, payroll coordination, and account reconciliations. The role also is integral in the preparation of monthly and quarterly financial packages (Balance Sheet, Income Statement, and supporting schedules), regulatory reporting, and month-end and year-end financial statements. This position offers the opportunity to work closely with clients, other captive manager team members, actuaries, and external auditors while mentoring staff and contributing to process improvement initiatives.
Experienced Senior Accountant Responsibilities
  • Prepare day-to-day and month-end accounting support including journal entries in key process areas:
    • Premium revenue recognition
    • Loss reserves and IBNR accruals
    • Prepaid expenses and accrued liabilities
    • Cash and investment accounting
    • Account reconciliations and supporting schedules
  • Perform complex balance sheet reconciliations and resolve reconciling items timely.
  • Assist with month-end, quarter-end, and year-end close processes for captive insurance clients.
  • Prepare and review monthly and quarterly financial reporting packages for management and boards.
  • Develop and maintain a strong understanding of each assigned client's operations, captive structure, and accounting system.
  • Assist with statutory and GAAP-based financial reporting as applicable.
  • Support regulatory filings and compliance requirements for captive insurance entities, including coordination with captive manager team and domiciliary regulators.
  • Collaborate with actuaries and third-party administrators (TPAs) to support loss reserve analysis and claims data reconciliation.
  • Assist external auditors and tax advisors by preparing schedules, explanations, and supporting documentation for audits and tax filings.
  • Assist in the preparation and review of annual 1099 filings.
  • Recommend, design, and implement accounting controls, policies, and process improvements.
  • Communicate proactively with clients regarding accounting matters, deliverables, and timelines.

Supervisory Responsibilities
  • Review and supervise Staff Accountants' work, including journal entries, reconciliations, and operational accounting activities.
  • Coach and mentor staff through engagement execution and professional development.
  • Distribute client requests and projects to team members and manage deadlines across multiple engagements.
  • Ensure quality, accuracy, and timeliness of deliverables in a fast-paced, client-service environment.

Experienced Senior Accountant Requirements
  • Bachelor's degree in Accounting or a related field.
  • 3+ years of progressive accounting experience, preferably supporting insurance or captive insurance entities.
  • Experience working with multiple clients or engagements in an outsourced or public accounting environment preferred.
  • Proficiency with automated accounting systems and spreadsheet applications; experience with QuickBooks, Sage or similar general ledger systems preferred.
  • Advanced proficiency in Microsoft Excel.
  • Strong understanding of GAAP and statutory accounting principles (SAP).
  • Knowledge of captive insurance operations, including:
    • Premium and underwriting income
    • Loss reserves and claims-related accounting
    • Reinsurance and fronting arrangements
    • Investment accounting
    • Surplus, capital, and equity accounts
  • Excellent verbal and written communication skills.
  • Highly detail-oriented with strong analytical and problem-solving abilities.
  • Proven ability to manage multiple engagements and competing deadlines.
  • Strong organizational and time-management skills.
  • Ability to work independently and collaboratively as part of a team.
  • Flexible and adaptable in a fast-paced, client-focused environment.
  • Demonstrated professionalism, strong ethics, and a calm demeanor under pressure.
  • CPA license preferred, but not required.

What you can expect from us:
  • Our shared values that foster inclusion and belonging including uncompromising integrity, collaboration, trust, and mutual respect
  • The opportunity to innovate and do work that motivates and engages you
  • A collaborative environment focused on enabling you to further your career growth and continuous professional development
  • Competitive compensation and a total rewards package that focuses on all aspects of your wellbeing
  • Flexibility to do impactful work and the time to enjoy your life outside of work
  • Opportunities to connect and learn from professionals from different backgrounds and with different cultures

Cherry Bekaert cares about our people. We offer competitive compensation packages based on performance that recognizes the value our people bring to our clients and our Firm. The salary range for this position is listed below. Individual salaries within this range are determined by a variety of factors including but not limited to the role, function and associated responsibilities, a candidate's work experience, education, knowledge, skills, and geographic location.
Pay Range:
Pay from: 103k to 134k
About Cherry Bekaert
Cherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. For more details, visit https://www.cbh.com/disclosure/
Cherry Bekaert provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, citizenship status, protected veteran status, disability status, or any other category protected by applicable federal, state or local laws. https://careers.cbh.com/legal-disclosures/ contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws.
This role is expected to accept applications for at least five calendar days and may continue to be posted until a qualified applicant is selected or the position has been cancelled.
Candidates must demonstrate eligibility to work in the United States. Cherry Bekaert will not provide work sponsorship for this position.
Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at https://careers.cbh.com/ and follow us on LinkedIn, Instagram, Twitter and Facebook.
© 2026 Cherry Bekaert. All Rights Reserved.

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