Sr. Captive Manager

Overview

Innovative Captive Strategies (ICS) is a premier captive insurance management and advisory firm dedicated to delivering customized, forward-thinking captive solutions. ICS combines deep technical expertise with an entrepreneurial mindset to help organizations better manage risk, enhance financial performance, and achieve long-term strategic objectives. At ICS, we believe innovation, collaboration, and client-first thinking are the foundation of great captive programs. The Senior Captive Manager serves as a key leader within ICS, responsible for overseeing the strategic management, performance, and growth of complex captive insurance programs.

This role partners closely with clients, regulators, service providers, and internal teams to ensure captives operate efficiently, compliantly, and in alignment with each client’s evolving risk strategy. This position is ideal for an experienced captive professional who enjoys combining technical leadership, client advisory, and strategic problem-solving in a fast-paced, consultative environment.

• Lead the day-to-day and long-term management of assigned captive insurance programs
• Prepare and review captive financial statements
• Act as a strategic advisor to clients on captive design, optimization, and performance
• Analyze and communicate financial results, including underwriting performance, surplus, reserves, and projections
• Prepare and present board materials, financial reports, actuarial analyses, and business plans
• Coordinate with actuaries, auditors, attorneys, fronting carriers, reinsurers, and regulators
• Ensure compliance with captive domicile requirements and governance best practices
• Identify opportunities for innovation, program enhancements, and captive growth strategies
• Mentor and support captive team members, fostering development and collaboration
• Participate in client board meetings and strategic planning discussions

• Bachelor’s degree in accounting, risk management, finance, insurance, business, or a related field
• 7+ years of experience in captive insurance management or related risk consulting
• Strong knowledge of captive structures, financial reporting, and regulatory requirements
• Proven experience managing complex client relationships
• Excellent communication, presentation, and organizational skills
• Professional designations such as ACI, CPCU, ARM, CPA, or similar
• Experience working with multiple captive domiciles

• Work with a nationally recognized captive consulting practice
• Opportunity to manage sophisticated and innovative captive programs
• Supportive, collaborative culture with access to Holmes Murphy’s broader resources
• Competitive compensation and comprehensive benefits
• Flexible work environment and emphasis on professional growth
• Paid Parental Leave and supportive New Parent Benefits
• Company-paid continuing Education & Tuition Reimbursement
• 401k Profit Sharing
• Generous time off practices in addition to paid holidays
• Volunteer time off and employee matching gifts to charities
• DE&I programs, Diversity Day time off, and related opportunities
• Merit increases and promotion opportunities
• Discretionary bonus opportunity

At ICS, we take pride in creating a culture where employees can excel both professionally and personally. We believe in empowering our team to build trust through honest and caring actions, ensuring clear and constructive communication, establishing meaningful client relationships, and contributing to the organization’s success by effectively influencing and uplifting team members. Join us and be part of a company that values your growth, innovation, and vibrant energy.

Are you ready to make an impact? Apply today and be a part of the Holmes Murphy family!

ICS is an Equal Opportunity Employer.