Captive Resources, LLC

Health Captive Program Manager

Captive Resources, LLC  •  Itasca, IL (Onsite)  •  4 months ago
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Job Description

The Health Captive Program Manager provides majority of the technical aspects of our health benefit captives. Maintains a high level of day-to-day client and broker business relationships. Responsible for timely captive financial and claims reporting oversight. Provides underwriting coordination and planning for renewal business. Works closely with teams and vendors on any captive issues.

ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree or equivalency in a related discipline and at least seven (7) years of experience in Health Benefits Account Management, Program Management, Operations, Underwriting, or other Insurance related field.

SKILLS/COMPETENCIES REQUIREMENTS:

  • 7+ years working in Health Insurance Benefits (preferably carrier/broker)
  • Solid understanding of finance and accounting principles
  • Strong analytical, problem solving, and judgment skills
  • Strong team attitude
  • Works well independently and in a team environment
  • Interpersonal skills
  • Demonstrated training and coaching skills
  • Excellent written and verbal communication skills
  • Strong skills in Microsoft Office, especially using Excel, Word, PDF, and other on-line computer systems
  • Comfortable making presentations to small groups
  • Organization, planning, and prioritization skills
  • Strong customer service orientation
  • Commitment to company values

ESSENTIAL DUTIES AND REPONSIBILITIES:

  • Monthly and annual financial reporting creation and management
  • Monthly claims reporting and reconciliation with carriers
  • Preparation, review, and overall management of captive board meeting materials
  • Accountable for creation and validation of captive proposals
  • Schedule and monitor new captive member onboard calls
  • Captive renewal tracking, reporting, creation of proposals, and finalization with carrier
  • Captive timeline management
  • Captive member maintenance of changes, acquisitions, etc
  • Mass distribution email campaigns
  • Review, prepare, and submit documentation to underwrite renewal business
  • Creation and continuous updating of departmental documents and procedures
  • Provide superior customer service to captive members, brokers, service providers
  • Participate in captive status meetings
  • Assist with training new hires and refresher training for existing colleagues (as needed)

PRIORITIES: 7+ years Health Benefits experience, Strong financial experience, Accuracy, Detail Oriented, Timeliness, Multi-tasking, Vendor Relationships, Positive Team Attitude

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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