Captive Implementation Manager

The Role

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.

Responsibilities

• 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
• Maintain case tracking databases and client files
• Complete various projects assigned

Requirements

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