PM oversees day-to-day operations for their assigned captive(s). They can handle most of the technical aspects of assigned captive(s).
EDUCATION AND EXPERIENCE:
- Bachelor’s Degree or equivalency in a related discipline
- Minimum of five (5) years of experience in the insurance industry or experience relevant to the role
SKILLS/COMPETENCIES REQUIREMENTS:
- Team-based skills
- Collaboration – communicating effectively with Captive Executive & Business Development Executive team to assure alignment on new business and renewal activities
- Information system skills
- Strong technical aptitude including a high proficiency in Microsoft Office
- Understand company required information systems
- Individual skills
- Excellent written and verbal communication skills
- Ability to assess their understanding of technical topics and seek appropriate support for deeper understanding
- Visible support and commitment to a positive business culture
- Comfortable with presenting technical information in one-on-one conversations as well as larger group settings
- Commitment to company values
ESSENTIAL DUTIES AND RESPONSIBILITIES: The PM may execute some or all the duties outlined in the APM role. In addition, responsibilities include:
- Demonstrate an understanding of the captive program formula and risk sharing allocation
- Oversee and/or prepare and submit documentation to underwrite renewal business, new business, board book and captive reviews
- Accountable to ensure all documentation for captive program is up to date and aligned with Board of Directors directives (proposals, slide shows, renewal books, etc.)
- Oversee day-to-day operations of the assigned captive(s) at the Captive Executives’ direction including oversight of work prepared by the Associate PM
- Address any past due premium collections and any unreconciled matters from the premium reconciliation with captive domicile manager
- Assist in the development of other program management team members by sharing captive and technical knowledge
- Assist with special projects
- Comfortable engaging one-on-one with members and brokers to discuss captive program details
- Ability to present captive program details in a group setting
TRAVEL: Domestic and International travel may be required. This includes compliance with all U.S., local country, and transportation carrier travel requirements.
Equal Opportunity EmployerThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor's degree or equivalent in a related discipline
- Minimum five years of experience in the insurance industry or relevant experience
- Strong technical aptitude and high proficiency with Microsoft Office
- Excellent written and verbal communication skills
- Ability to present technical information in individual and group settings
- Ability to understand captive program formulas and risk-sharing allocations
- Ability to travel domestically and internationally when required
What We Do
Our mission is to help companies control their insurance costs through the member-owned group captive model. Our industry-leading insurance professionals support every aspect of the group captives they advise, from claims advocacy to operational oversight, risk management, financial services, investment services and more. Applying its time-tested and proven strategies, Captive Resources brings the highest quality insurance protection to each individual captive member, while increasing members' buying power, bringing greater stability and predictability to their insurance costs, and driving profitability to their bottom lines. For over 35 years, CRI has helped create more than 45 group captives with 6,000 member companies that serve businesses and organizations located across the United States. Today, CRI proudly administers some of the largest member-owned group captive insurance companies in the world. And it's no small task. The company oversees combined premiums of $3.8 billion with assets of $10 billion. Statement on Diversity, Equity, and Inclusion: At Captive Resources, we believe that our colleagues deserve fairness, respect, inclusivity, and belonging. We encourage different perspectives, unique ways of thinking, fearless collaboration, and positive communication. Our differences have made us strong and successful, and we embrace diversity, equity, and inclusion. We celebrate our people every day because they are the heart of our company. Captive Resources is proud to be an Equal Opportunity Employer. We prohibit discrimination in employment with respect to any term or condition of employment, including hiring, compensation, advancement, discipline, or termination for our applicants and colleagues.
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