About this role
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.