Captive Resources, LLC

AVP/VP, Captive Executive, Health Solutions

Captive Resources, LLC  •  Itasca, IL (Onsite)  •  5 months ago
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Job Description

Consult with and advise group captive Board of Directors, execute business marketing strategies, support contact with existing and potential customers, identify their needs and manage ongoing services to meet those needs. Assist in developing and facilitating the proposal process for specific brokers/clients including pricing indication development and client presentations. Create and build long term client relationships. Requires extensive out of town travel, including proposal presentations, workshops, and board meetings.

ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree in Business, Marketing/Sales, or other related discipline and at least five (5) years of experience in Health Insurance business development, underwriting or related. Experience with employee benefits and/or self-funded medical plans.

SKILLS/COMPETENCIES REQUIREMENTS:

  • Consult with Board of Directors on captive strategies, review and assess customer needs, and create customer relationships
  • Participate in Board of Directors meetings
  • Support efforts to manage and increase membership in assigned accounts
  • Support and maintain on-going broker, vendor, and client relationships
  • Responsible for premium growth through existing renewals and assisting with new business development
  • Prepare analysis on captive data, strong communication skills required
  • Participate in on-site visits
  • Facilitate, create, and conduct PowerPoint presentations
  • Communicate price indications and captive proposals with team members and functional groups using standard models
  • Establish budgets
  • Responsible for directing contractual negotiations and assisting/participating in the negotiations as necessary
  • Responsible for professional looking documentation, including board books, proposals, and submissions
  • Communicate back to internal groups the outcome of the negotiations/proposals i.e. clear details, critical timeframes, and expectations
  • Oversee activities needed to support each assigned captive team
  • Actively participate in workshops and relationship building within assigned captive through interactions, structured activities, etc.

PRIORITIES Captive Consulting, Membership Growth, Customer Service/Relationships

Captive Resources, LLC

About Captive Resources, LLC

For four decades, Captive Resources has provided mid-market companies the ability to become insurance company owners rather than insurance buyers and to lower their total cost of risk. We do this through the creation, development, and oversight of member-owned group captive insurance companies.

Captive Resources currently advises more than 50 casualty and medical stop loss group captives comprised of over 7,300 member-companies and $5.4 billion in annual premium. We support every aspect of the captives we advise, from claims advocacy to operational oversight, risk management, financial services, regulatory compliance, investment services, and more. In addition, Captive Resources has two subsidiaries: Kensington Management Group, Ltd., a full-service captive management firm, and Edgewater Actuarial Insights, LLC, an independent actuarial and management consulting firm servicing the specialized actuarial needs of the captive insurance industry.

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.

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Itasca, Illinois
Year Founded
1986
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