Captive Implementation Manager

Montage; Sparks Corner (MD); On-site; USD 64,800 - 92,000; Full time

Job summary

Montage in Sparks Corner, Maryland is looking for a Captive Implementation Manager to oversee new business implementations and select renewal activities. This role involves project management, communication with clients, and ensuring compliance with regulatory requirements. The ideal candidate should possess strong organizational and interpersonal skills, along with a minimum of 5 years in the insurance for financial services industry.

The position offers a salary ranging from $64,800 to $92,000 annually, based on experience. Montage is committed to equal employment opportunities.

Qualifications

• 5+ years in the insurance for financial services industry.
• Strong organizational skills reflecting ability to prioritize multiple tasks.
• Ability to build and maintain relationships with clients and peers.

Responsibilities

• Manage new captive business implementations and renewal functions.
• Lead the implementation process for new captive insurance entities.
• Communicate technical regulatory requirements to clients and brokers.

Skills

Organizational skills

Interpersonal skills

Microsoft Word

Microsoft Excel

Project tracking tools

Attention to detail

Tools

Adobe PDF

Job description

The Captive Implementation Manager (CIM) is responsible for assigned new business implementations and managing select renewal activities that require review and approval from the Department of Insurance. The CIM serves as the project manager of these new implementations and certain renewal functions. The CIM will work independently and oversee key functions within the Captive Implementation Department pertaining to their assigned new implementation cases and select renewals. This position requires critical thinking, effective communication, and organization.

The CIM must be creative and enjoy working within an entrepreneurial environment that is mission‑driven, results‑driven and community oriented. The ideal individual will be organized and able to maintain a realistic balance among multiple priorities, can exercise good judgment in a variety of situations and demonstrate strong written and verbal communication skills. The CIM is responsible for executing activities tied to new business implementation and designated regulatory renewals and must demonstrate the ability to operate efficiently in high‑pressure, fast‑paced conditions.

Your Impact

• Project manage new captive business implementations and certain renewal functions, maintaining communication throughout the course of the process to meet client and broker expectations
• Lead the implementation process for new captive insurance entities from up front engagement to regulatory approval and formal closing
• Understand the regulatory requirements to ensure timely and accurate submissions to the Departments of Insurance
• Operate as the lead point of contact for client questions and matters throughout the onboarding process
• Provide case‑based communication to external service providers, cross‑functional team members, and clients to ensure day‑to‑day tasks necessary to drive case completion are managed as part of the implementation critical path.
• Prepare, circulate and follow up on captive‑specific technical insurance documents
• Review documents in detail to confirm accuracy and completion
• Communicate and clarify technical regulatory requirements to clients and brokers, when needed.
• Prepare and submit prospective client captive insurance licensing application packages to Departments of Insurance
• Manage captive application process to ensure all material requirements are satisfied
• Understand when a notification or amendment is required for submission to the Department of Insurance for renewal clients and be able to communicate requirements to prepare for regulatory submission
• Prepare and submit renewal notifications and amendments to the Departments of Insurance, when necessary
• Maintain case tracking databases and client files
• Complete various projects assigned

Successful Candidates Will Have

• 5+ years in the insurance for financial services industry
• Captive insurance experience a plus
• Strong organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent diligence
• Strong interpersonal skills and the ability to build and maintain relationships with clients, advisors, service providers and peers
• Works well under deadline driven situations and in high‑pressure environments.
• Accomplished in Microsoft Word, Excel, Adobe PDF, and project tracking tools

Pay Range

$64,800 - $92,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.

One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.