Captive Manager

Marsh McLennan; Dubai; On-site; AED 180,000 - 300,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Marsh McLennan in Dubai is seeking a Captive Manager to lead captive programs and provide strategic risk guidance. The role blends underwriting insight with client advisory, operating in a hybrid model with three days in the office weekly.

You will oversee policy documentation, regulatory compliance, and governance for captive structures while pursuing new business opportunities and strengthening relationships with insurers, clients, and colleagues.

Qualifications

• Proven underwriting experience with a strong understanding of insurance structures and operations.
• Solid knowledge of risk analysis, policy documentation, and client advisory within insurance.
• Prior experience with captive insurance is a plus.
• Excellent negotiation, communication, and client relationship management skills.
• Ability to work independently and manage multiple assignments with attention to detail.
• Strong organizational skills to oversee captive program documentation and compliance.

Responsibilities

• Review and analyze risk assessments, developing and presenting innovative insurance solutions for captive programs.
• Advise clients on moderately complex risks related to captive insurance and oversee transactions to optimize coverage.
• Serve as primary contact for client inquiries related to captive programs and ensure client satisfaction.
• Oversee production and accuracy of all account and program documentation including policy documents and renewals.
• Monitor and manage captive operations including policy administration and regulatory compliance.
• Identify and pursue new business opportunities by supporting client acquisition and expanding offerings.
• Independently manage assignments and collaborate with brokers or managers on complex engagements.
• Maintain strong relationships with insurers, reinsurers, clients, and internal teams to deliver effective solutions.
• Demonstrate broad knowledge of insurance coverage lines and regulatory environments affecting captive insurance.
• Review and verify contract documents, bond forms, and banking terms related to captive transactions.

Skills

Underwriting experience

Risk analysis

Client advisory

Captive insurance knowledge

Regulatory awareness

Independent work

Job description

Company:MarshDescription:

We are seeking a talented individual to join our Captive team at Marsh. This role will be based in UAE-Dubai. This is a hybrid role that requires working at least three days a week in the office.

The Captive Manager will be responsible for the effective management and oversight of captive insurance programs and captive operations. Leveraging underwriting expertise this role focuses on reviewing risk analyses advising clients on complex risk scenarios overseeing insurance transactions and ensuring the smooth administration of captive insurance policies and related documentation. This position excludes financial statement preparation but emphasizes client advisory risk management and operational oversight within captive insurance structures.

We will count on you to:

• Review and analyze risk assessments developing and presenting innovative insurance solutions tailored to client needs and complex risk situations within captive programs.
• Advise clients on moderately complex risks related to captive insurance and oversee insurance transactions to optimize coverage and risk retention strategies.
• Serve as the primary point of contact for client inquiries and concerns related to captive insurance programs resolving issues promptly to maintain high levels of client satisfaction.
• Oversee the timely production and accuracy of all account and program documentation including policy documents endorsements and renewals ensuring compliance with captive operational standards.
• Monitor and manage captive insurance operations including policy administration claims coordination and compliance with regulatory requirements.
• Identify and pursue new business opportunities by supporting client acquisition efforts and expanding captive insurance program offerings.
• Independently manage assignments related to captive insurance programs and collaborate with brokers or managers on larger or more complex client engagements.
• Establish and maintain strong relationships with insurers reinsurers clients and internal colleagues to deliver comprehensive and effective captive insurance solutions.
• Demonstrate broad knowledge of insurance coverage lines market conditions and specialized products relevant to captive insurance to better serve client needs.
• Review and verify contract documents bond forms and banking terms and conditions related to captive insurance transactions.

What you need to have:

• Proven underwriting experience with a strong understanding of insurance structures and operations.
• Solid knowledge of risk analysis insurance policy documentation and client advisory within the insurance space.
• Prior experience with captive insurance is a plus.
• Excellent negotiation communication and client relationship management skills.
• Ability to work independently and manage multiple assignments with attention to detail and operational efficiency.
• Strong organizational skills to oversee captive program documentation and compliance.
• Familiarity with insurance markets coverage lines and regulatory environments affecting captive insurance.

What makes you stand out:

• Strong problem-solving skills and the ability to think strategically.
• Proactive approach to identifying opportunities and mitigating risks.
• Ability to build and maintain effective professional relationships across diverse teams and stakeholders.

Why join our team:

• We help you be your best through professional development opportunities interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues clients and communities.
• Our scale enables us to provide a range of career opportunities as well as benefits and rewards to enhance your well-being.

Marsh a business of Marsh McLennan (NYSE: MMC) is the worlds top insurance broker and risk advisor. Marsh McLennan is a global leader in risk strategy and people advising clients in 130 countries across four businesses: Marsh Guy Carpenter Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background disability ethnic origin family duties nationality parental status personal or social status political affiliation race religion and beliefs sex/gender skin color or any other characteristic protected by applicable law.Marsh McLennan is committed to hybrid work which includes the flexibility of working remotely and the collaboration connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.

Required Experience:

Manager