Captive Implementation Manager

Posted 22 Days Ago
Be an Early Applicant
Hiring Remotely in Sparks, MD, USA
In-Office or Remote
65K-92K Annually
Senior level
Insurance • Financial Services
The Role
The Captive Implementation Manager oversees new business implementations and regulatory renewals in the captive insurance sector, ensuring compliance and effective communication with clients and stakeholders.
Summary Generated by Built In

The Captive Implementation Manager (CIM) is responsible for assigned new business implementations and managing select renewal activities that require review and approval from the Department of Insurance. The CIM serves as the project manager of these new implementations and certain renewal functions. The CIM will work independently and oversee key functions within the Captive Implementation Department pertaining to their assigned new implementation cases and select renewals. This position requires critical thinking, effective communication, and organization.

The CIM must be creative and enjoy working within an entrepreneurial environment that is mission-driven, results-driven and community oriented.  The ideal individual will be organized and able to maintain a realistic balance among multiple priorities, can exercise good judgment in a variety of situations and demonstrate strong written and verbal communication skills.  The CIM is responsible for executing activities tied to new business implementation and designated regulatory renewals and must demonstrate the ability to operate efficiently in high‑pressure, fast‑paced conditions.

Your Impact:

  • Project manage new captive business implementations and certain renewal functions, maintaining communication throughout the course of the process to meet client and broker expectations
  • Lead the implementation process for new captive insurance entities from up front engagement to regulatory approval and formal closing
  • Understand the regulatory requirements to ensure timely and accurate submissions to the Departments of Insurance
  • Operate as the lead point of contact for client questions and matters throughout the onboarding process
  • Provide case-based communication to external service providers, cross-functional team members, and clients to ensure day-to-day tasks necessary to drive case completion are managed as part of the implementation critical path.
  • Prepare, circulate and follow up on captive-specific technical insurance documents
  • Review documents in detail to confirm accuracy and completion
  • Communicate and clarify technical regulatory requirements to clients and brokers, when needed.
  • Prepare and submit prospective client captive insurance licensing application packages to Departments of Insurance
  • Manage captive application process to ensure all material requirements are satisfied
  • Understand when a notification or amendment is required for submission to the Department of Insurance for renewal clients and be able to communicate requirements to prepare for regulatory submission
  • Prepare and submit renewal notifications and amendments to the Departments of Insurance, when necessary
  • Maintain case tracking databases and client files
  • Complete various projects assigned

Successful Candidates Will Have:

  • 5+ years in the insurance for financial services industry
  • Captive insurance experience a plus
  • Strong organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent diligence
  • Strong interpersonal skills and the ability to build and maintain relationships with clients, advisors, service providers and peers
  • Works well under deadline driven situations and in high-pressure environments.
  • Accomplished in Microsoft Word, Excel, Adobe PDF, and project tracking tools

Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies is an Accession Risk Management Group company, with over 200 offices and more than 5,000 employees across the U.S. and Canada.

Our industry recognition includes being named a Great Place to Work, Best Places to Work in Insurance, and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

Pay Range:

$64,800 - $92,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.

One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.

Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.

Personal information submitted by California applicants in response to a job posting is subject to One80's  California Job Applicant Privacy Notice .

Skills Required

  • 5+ years in the insurance for financial services industry
  • Captive insurance experience
  • Strong organizational skills
  • Strong interpersonal skills
  • Ability to work under deadline driven situations
  • Proficient in Microsoft Word, Excel, Adobe PDF, and project tracking tools
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The Company
Boston
418 Employees
Year Founded: 2019

What We Do

One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, the company offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services and warranty business. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to all major insurance markets in the US, Canada and UK. One80 has offices in more than 55 locations in the US and Canada. For more information visit www.one80intermediaries.com With expertise in marine, transportation, property, casualty, financial lines, medical stop loss, personal lines, travel/accident and health, life insurance and warranty coverage we provide in-house binding authority and access to market leading carriers on both sides of the Atlantic. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US, UK and Canada. One80 has offices in 46 locations nationwide including Boston, New York City, Chicago, Cleveland, Cincinnati, Miami, Atlanta, Houston, Dallas, San Antonio, Omaha, Mountain View, Philadelphia, San Diego, Seattle, Toronto, and Montreal

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