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Director Captive Insurance Jobs (NOW HIRING)

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Director Captive Insurance information

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$11K

$80.9K

$148.5K

How much do director captive insurance jobs pay per year?

As of Jul 11, 2026, the average yearly pay for director captive insurance in the United States is $80,864.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,000.00 and $93,000.00 per year, depending on experience, location, and employer.

What are Director Captive Insurance roles and responsibilities?

A Director of Captive Insurance oversees the management and operation of a captive insurance company, which is an insurance company established by a parent firm to insure its own risks. Their responsibilities include regulatory compliance, financial oversight, risk assessment, and ensuring the efficient administration of the captive. They also interact with regulators, auditors, and company leadership to ensure the captive meets its intended goals and adheres to legal requirements. Additionally, they may help design insurance programs and analyze loss trends to optimize risk management strategies.

What are the primary challenges faced by a Director of Captive Insurance when managing compliance across multiple jurisdictions?

A Director of Captive Insurance often faces the challenge of navigating complex and constantly evolving regulatory requirements that differ across jurisdictions. Staying compliant involves regularly monitoring changes in laws, maintaining thorough documentation, and coordinating with legal and compliance teams to ensure all filings and reporting deadlines are met. This role requires strong attention to detail, proactive communication with regulators, and the ability to adapt quickly to new compliance landscapes. Collaborating with external advisors and leveraging technology can help streamline these processes and mitigate risks.

What is the difference between Director Captive Insurance vs Underwriting Manager?

AspectDirector Captive InsuranceUnderwriting Manager
CredentialsInsurance licenses, industry certificationsInsurance licenses, underwriting certifications
Work EnvironmentCorporate, captive insurance companiesInsurance companies, brokerage firms
Employer & Industry UsageCaptive insurance providers, risk management firmsInsurance carriers, brokerage firms

The main difference is that a Director Captive Insurance oversees the management of captive insurance entities, focusing on risk retention strategies, while an Underwriting Manager handles the assessment and pricing of insurance policies within traditional insurance companies. Both roles require industry licenses and work within the insurance sector, but their focus areas and responsibilities differ significantly.

What are the key skills and qualifications needed to thrive as a Director of Captive Insurance, and why are they important?

To thrive as a Director of Captive Insurance, you need expertise in risk management, insurance regulations, and financial analysis, often backed by a bachelor's degree in finance, business, or a related field. Familiarity with insurance management systems, captive insurance software, and relevant certifications like ARM (Associate in Risk Management) or CPCU (Chartered Property Casualty Underwriter) is highly valued. Strong leadership, strategic thinking, and effective communication skills are essential for managing teams and collaborating with stakeholders. These skills are critical for effectively overseeing captive operations, ensuring regulatory compliance, and optimizing risk financing strategies.
More about Director Captive Insurance jobs
What cities are hiring for Director Captive Insurance jobs? Cities with the most Director Captive Insurance 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 Director Captive Insurance jobs? States with the most job openings for Director Captive Insurance jobs include:
Managing Director - Captive Insurance Banking

Managing Director - Captive Insurance Banking

Huntington Bank

Columbus, OH • On-site, Remote

$125K - $255K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 13 days ago


Huntington National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 169 frontline employees who took The Breakroom Quiz

51st of 148 rated banks


Job description

## Managing Director - Captive Insurance BankingApplyremote type: Officelocations: Columbus, OH: New York, NY: Austin, TX: Chicago, IL: Detroit, MItime type: Full timeposted on: Posted Todayjob requisition id: R0073388# **Description**The Managing Director, Captive Insurance Banking, is part of the Global Specialty Products team. This role focuses on business development and client relationship management in the captive insurance space. The Director will pursue new client relationships, deepen existing client relationships, work with internal referral sources such as corporate bankers and build relationships with key external referral sources and other market constituents through consultative selling and introductions to appropriate bank partners, primarily in the letter of credit division, trust department and treasury management organization.**Duties and Responsibilities:*** Critical focus on pursuing and winning new client relationships in the Captive Insurance Banking space, consistent with target market criteria and risk tolerance.* Manage a portfolio of Captive Insurance Banking clients with the responsibility of deepening the client relationship, identifying additional partnership opportunities.* Lead team of cross functional colleagues in collaborative pre-call planning sessions resulting in robust client interactions.* Maintains an updated qualified prospect list that aligns with the risk profile of the bank.* Maintains pipeline and proactively works to close opportunities.* Ability to identify and mitigate credit risks, make recommendations on appropriate credit structure, and effectively articulate bank recommendations to clients and prospective clients.* Responsible for ensuring the optimization of all customer relationships which entails developing revenue growth through generation and cross selling of all applicable bank products.* Provides senior leadership and mentorship to junior team.**Basic Qualifications:*** Bachelor's Degree or 4 or more years equivalent experience in accounting, finance or a related field* 7 or more years' experience in Captive Insurance Banking or Captive Insurance industry in general.* 5 or more years' experience of developing deep relationships across the Captive Insurance industry.* 5 or more years' experience of subject matter expertise in the Captive Insurance Industry.* 5 or more demonstrated years of proficiency with Microsoft Office products**Preferred Qualifications:*** Master of Business Administration Degree* Formal credit training and commercial banking underwriting experience.* Ability and willingness to become proficient with critical proprietary systems.* Ability to analyze captive and reinsurer credit profiles and make recommendations on letters of credit facility structures.* Knowledge of captive insurance standby letter of credit facilities, reinsurance trusts and general treasury management a depository products.* Strong written and verbal communication and negotiation skill set.#LI-MK**Exempt Status: (Yes** = not eligible for overtime pay) (**No** = eligible for overtime pay)Yes**Workplace Type:**OfficeOur Approach to **Office** Workplace TypeCertain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.**Compensation Range:**$125,000.00 - $255,000.00 Annual SalaryThe compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). #J-18808-Ljbffr

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