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Vice President Captive Insurance Manager Jobs (NOW HIRING)

Invenergy

Manager, Insurance (Captive)

Chicago, IL

Support Vice President, Insurance, with all aspects of the captive insurance requirements of an ... Manage communication with state regulators for changes to the insurance program/business plan.

EDENS: Jobs

Insurance Manager

Columbia, SC · On-site

This role oversees insurance procurement, renewals, claims administration, captive insurance ... Manage the annual insurance renewal process, including evaluation of broker recommendations and ...

Holmes Murphy

Sr. Accountant - Captive Insurance

Waukee, IA · On-site +1

$71K - $89K/yr

Innovative Captive Strategies (ICS) is a premier captive insurance management and advisory firm dedicated to delivering customized, forward-thinking captive solutions . ICS combines deep technical ...

GATX

Director, Corporate Insurance

Chicago, IL · Hybrid

$134K - $180K/yr

Together with VP, Global Insurance manage and direct department personnel to accomplish the above ... Captive insurance company experience a plus. * RMIS system experience preferred, experience with ...

Hollinger Jobs

Claims Advocate

Primary Responsibilities: • Manage a portfolio of captive insurance accounts with premiums less ... P at jalieberman@hollingerjobs.com or call 732-247-5656. Salary: $map.get("vacancy_salary-text"

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Vice President Captive Insurance Manager information

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$37.5K

$82.8K

$122.5K

How much do vice president captive insurance manager jobs pay per year?

As of Jun 11, 2026, the average yearly pay for vice president 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 the difference between Vice President Captive Insurance Manager vs Underwriting Manager?

AspectVice President Captive Insurance ManagerUnderwriting Manager
CredentialsTypically requires insurance, risk management, or business degrees; professional certifications like CPCU or ARM are commonRequires similar credentials, often with underwriting or actuarial certifications
Work EnvironmentLeads captive insurance programs within insurance companies or corporations, focusing on risk management and strategic oversightManages underwriting teams, assessing risks and setting policies within insurance companies or agencies
Industry UsageCommonly used in insurance, risk management, and corporate sectorsPrimarily found in insurance carriers, brokers, and underwriting firms

The Vice President Captive Insurance Manager focuses on managing captive insurance entities and strategic risk management, while the Underwriting Manager oversees risk assessment and policy issuance. Both roles require similar credentials and operate within the insurance industry, but their responsibilities and focus areas differ significantly.

What are the key skills and qualifications needed to thrive as a Vice President Captive Insurance Manager, and why are they important?

To thrive as a Vice President Captive Insurance Manager, you need in-depth knowledge of risk management, insurance regulations, and financial analysis, typically backed by a bachelor’s or master’s degree in finance, accounting, or a related field. Familiarity with captive insurance management software, regulatory compliance systems, and professional certifications such as ARM, CPCU, or ACI is often required. Strong leadership, strategic thinking, and excellent communication skills help foster effective client relationships and lead cross-functional teams. These skills and qualifications are critical for ensuring regulatory compliance, optimizing risk financing strategies, and driving the success of captive insurance programs.

What does a Vice President Captive Insurance Manager do?

A Vice President Captive Insurance Manager oversees the operations and strategic direction of captive insurance companies, which are subsidiaries created to insure the risks of their parent organizations. They manage the captive's regulatory compliance, financial performance, and risk management strategies, ensuring the captive meets all legal requirements and business objectives. The VP often works closely with senior executives, regulators, brokers, and service providers to optimize the captive’s benefits and efficiency. Their role also includes analyzing risk exposure, setting insurance policies, and reporting on the captive’s performance to stakeholders.

What are some common challenges Vice President Captive Insurance Managers face when overseeing multiple captive insurance entities?

Vice President Captive Insurance Managers often navigate complex regulatory environments, as each captive may be domiciled in different jurisdictions with unique compliance requirements. Coordinating the strategic objectives of multiple captives, while ensuring consistent risk management and financial reporting, can also be demanding. Additionally, effective communication with stakeholders—including executive leadership, regulators, and service providers—is essential for successful oversight and operational efficiency.
What cities are hiring for Vice President Captive Insurance Manager jobs? Cities with the most Vice President Captive Insurance Manager job openings:
What states have the most Vice President Captive Insurance Manager jobs? States with the most job openings for Vice President Captive Insurance Manager jobs include:
What job categories do people searching Vice President Captive Insurance Manager jobs look for? The top searched job categories for Vice President Captive Insurance Manager jobs are:
Vice President Captive Insurance Manager jobs near you
Manager, Insurance (Captive)

Manager, Insurance (Captive)

Invenergy LLC

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 5 hours ago

Invenergy rating

8.6

Company rating: 8.6 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

Job description

Invenergy is North America's largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.
This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.
Job Description
Position Overview:
The Manager, Insurance will be responsible for overseeing the captive insurance program. This person will be the SME for the captive insurance program here at Invenergy.
Responsibilities:
  • Support Vice President, Insurance, with all aspects of the captive insurance requirements of an energy portfolio.
  • Work collaboratively with brokers, reinsurers, and tax/legal counsel to develop and evaluate insurance products, policy terms and conditions, as well as evaluate written coverage to outgoing/ceded reinsurance.
  • Support development of business plans and pro forma financial statements. Maintain financial and operational records.
  • Provide regulatory, insurance, risk management, underwriting expertise, and administrative captive management support.
  • Coordinate new placements and renewal efforts with brokers, consultants, insurers and Invenergy's insurance team.
  • Oversee timely and efficient management of insurance and reinsurance documentation.
  • Oversee premiums billing and manage collateral requirements.
  • Provide claims support.
  • Manage communication with state regulators for changes to the insurance program/business plan.
  • Support the preparation for an participate in board meetings.

Basic Qualifications
  • Bachelor's degree in insurance, risk management or other relevant majors
  • 5+ years of working insurance or risk management industry experience
  • Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Skills
  • Power and/or natural gas experience is preferred.
  • Other majors may be acceptable if supported by strong industry experience and insurance industry designations such as CPCU and ARM.
  • Working experience with setting up and operating captive insurance companies/cells.
  • Commercial Insurance experience including, Property, Casualty, Forced Outage, Capacity payments, parametric, tax and representations and warranties insurance is preferred.
  • Insurance or risk management designations.
  • Ability to communicate verbally and in writing in Spanish or Japanese is a strong asset.
  • Track record of being able to work reliably under tight timelines, experience training junior team members and propose, design and implement process improvements.
  • Strong analytical and problem-solving skills and good attention to details.
  • Exceptional organizational and time management skills to complete settlement responsibilities in accordance with internal and external deadlines.
  • Must be able to work independently with minimal oversight as well as in a team setting.
  • Exhibit effective written and oral communication skills, including email, Skype and Microsoft Teams video conferencing, phone, and in-person communications.
  • Must be a self-starting and motivated team player who is able to efficiently become skilled at new systems and effectively manage deadlines.

Base Pay
120,000.00 - 139,000.00 USD Annual
Bonus: 25% - 40%
The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.
Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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