Health Captive Program Manager

Captive Resources, LLC; Itasca (IL); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, vision, 401(k), life and AD&D insurance

Short-term and long-term disability benefits

Job summary

Captive Resources, LLC is seeking a Health Captive Program Manager to manage technical aspects of health benefit captives. This full-time hybrid role is based in Itasca, IL and offers a salary of $90,000 to $100,000 USD.

Qualified candidates should have a Bachelor's Degree and 7+ years of experience in health benefits or related fields. Essential skills include strong financial acumen, problem-solving abilities, and proficiency in Microsoft Office.

Qualifications

• At least seven years of experience in Health Benefits Account Management, Program Management, Operations, or Underwriting.
• Demonstrated training and coaching skills.

Responsibilities

• Monthly and annual financial reporting creation and management.
• Preparation and review of captive board meeting materials.
• Provide superior customer service to captive members.

Skills

7+ years working in Health Insurance Benefits (preferably carrier/broker)

Solid understanding of finance and accounting principles

Strong analytical, problem solving, and judgment skills

Interpersonal skills

Excellent written and verbal communication skills

Strong skills in Microsoft Office, especially using Excel

Organization, planning, and prioritization skills

Education

Bachelor’s Degree or equivalency in a related discipline

Job description

Job Category: Health Solutions / Medical Stop Loss

Requisition Number: HEALT001355

• Full-Time
• Hybrid

Locations

Showing 1 location

Hybrid - Corporate Office
1100 Arlington Heights Rd
Itasca, IL 60143, USA

• Pay or shift range: $90,000 USD to $100,000 USD
  The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons. Our benefits include medical, dental, vision, Rx, 401(k), life and AD&D, short-term and long-term disability, and more. Please visit our website for more information.

Description

The Health Captive Program Manager provides majority of the technical aspects of our health benefit captives. Maintains a high level of day-to-day client and broker business relationships. Responsible for timely captive financial and claims reporting oversight. Provides underwriting coordination and planning for renewal business. Works closely with teams and vendors on any captive issues.

ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree or equivalency in a related discipline and at least seven (7) years of experience in Health Benefits Account Management, Program Management, Operations, Underwriting, or other Insurance related field.

SKILLS/COMPETENCIES REQUIREMENTS:

• 7+ years working in Health Insurance Benefits (preferably carrier/broker)
• Solid understanding of finance and accounting principles
• Strong analytical, problem solving, and judgment skills
• Strong team attitude
• Works well independently and in a team environment
• Interpersonal skills
• Demonstrated training and coaching skills
• Excellent written and verbal communication skills
• Strong skills in Microsoft Office, especially using Excel, Word, PDF, and other on-line computer systems
• Comfortable making presentations to small groups
• Organization, planning, and prioritization skills
• Commitment to company values

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Monthly and annual financial reporting creation and management
• Monthly claims reporting and reconciliation with carriers
• Preparation, review, and overall management of captive board meeting materials
• Accountable for creation and validation of captive proposals
• Schedule and monitor new captive member onboard calls
• Captive renewal tracking, reporting, creation of proposals, and finalization with carrier
• Captive timeline management
• Captive member maintenance of changes, acquisitions, etc
• Review, prepare, and submit documentation to underwrite renewal business
• Creation and continuous updating of departmental documents and procedures
• Provide superior customer service to captive members, brokers, service providers
• Participate in captive status meetings
• Assist with training new hires and refresher training for existing colleagues (as needed)

PRIORITIES: 7+ years Health Benefits experience, Strong financial experience, Accuracy, Detail Oriented, Timeliness, Multi-tasking, Vendor Relationships, Positive Team Attitude

Equal Opportunity Employer
This 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.