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Captive Manager Jobs (NOW HIRING)

AVP/VP, Captive Executive

Itasca, IL · On-site

$110K - $150K/hr

... manage ongoing services to meet those needs. Assist in developing and facilitating the proposal process for specific brokers and clients including budget and pricing development, proposal writing ...

Manages the captive licensing process from start to finish. Manages mid market book of business through direction of employees on service team; Builds and maintains relationships with client ...

AVP/VP, Captive Executive

Itasca, IL · On-site

$110K - $150K/yr

... manage ongoing services to meet those needs. Assist in developing and facilitating the proposal process for specific brokers and clients including budget and pricing development, proposal writing ...

Showing results 21-40

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.

Claims Captive Consultant

Dubuque, IA • On-site

Full-time

Re-posted 18 days ago


Cottingham & Butler rating

8.6

Company rating: 8.6 out of 10

Based on 15 frontline employees who took The Breakroom Quiz


Job description

Claims Consultant - P&C Captives
Onsite in Dubuque, Iowa headquarters

Position Summary:

We are seeking a proactive and knowledgeable Claims Consultant to support our Property & Casualty captive insurance clients. This role is responsible for advising on risk control strategies, analyzing claims data, and collaborating with captive members to reduce loss frequency and severity. The ideal candidate will bring a strong background in safety program development, claims management, and insurance best practices.

Key Responsibilities:

  • Partner with captive clients to assess risk exposures and work with our safety and claims teams to develop customized safety and loss prevention programs.
  • Analyze claims trends and loss data to identify root causes, emerging risks, and opportunities for improvement.
  • Collaborate with third-party administrators (TPAs), brokers, and captive managers to monitor claims activity and ensure timely, effective resolution.
  • Prepare and present claims reviews, benchmarking reports, and safety performance updates to captive boards and member organizations.
  • Support the onboarding of new captive members by evaluating existing safety programs and claims history.
  • Stay current on OSHA regulations, industry-specific safety standards, and evolving risk management practices.

Qualifications:

  • Bachelor's degree in Risk Management, Occupational Safety, Insurance, or related experience (CSP, ARM, or similar designation preferred).
  • 5+ years of experience in claims management within the P&C insurance industry.
  • Knowledge of workers' compensation, general liability, auto liability, and property claims.
  • Excellent analytical, communication, and presentation skills.
  • Familiarity with captive insurance structures, claims analytics platforms, and TPA coordination.

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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