Oversee day-to-day operations of assigned insurance captives, including renewal and new-business documentation, underwriting materials, board presentations, premium reconciliation, and member or broker communications. Ensure captive program records align with board directives, address outstanding premiums and reconciliation issues, supervise Associate PM work, support team development, and present technical captive details to individuals and groups. Domestic and international travel may be required.
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.
Captive Resources Itasca, Illinois, USA Office
1100 Arlington Heights Rd, Itasca, IL, United States
Similar Jobs
Professional Services • Software
Lead complex client programs, providing strategic direction, stakeholder management, budget and resource oversight, risk mitigation, change control, performance reporting, and operational improvement. The role manages contractual obligations, coordinates cross-functional teams, oversees major implementation efforts, and partners with Customer Success and Account teams to deliver client outcomes.
Top Skills:
Salesforce Lightning Platform
Artificial Intelligence • HR Tech • Information Technology • Software • Business Intelligence
Leads complex, enterprise healthcare SaaS implementations across multiple workstreams and business units. Owns program execution, governance, integrated plans, RAID logs, risk and escalation management, scope control, executive reporting, and client transitions. Influences cross-functional Delivery, Technical, Support, Advisory, and Growth teams without direct authority. Uses Wrike and AI or automation tools to improve reporting, communication, and operational efficiency.
Top Skills:
Artificial Intelligence (Ai)Automation ToolsWrike
Artificial Intelligence • Big Data • Healthtech • Machine Learning • Analytics • Biotech • Generative AI
Leads project planning and execution for new assay development and product initiatives. Coordinates cross-functional teams, manages scope, timelines, resources, risks, deliverables, and change requests. Develops project dashboards and status reports, facilitates core team meetings, escalates tradeoffs, ensures regulatory and quality requirements are addressed, and incorporates lessons learned into future planning.
Top Skills:
CapCliaCodaFdaGmpJIRAMicrosoft ProjectNysdohSmartsheet
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
