Program Manager

Socket.dev; Itasca (IL); On-site; USD 85,000 - 120,000; Full time

Job summary

Socket.dev is seeking a Project Manager to oversee day-to-day operations for their assigned captive(s). The PM can handle most of the technical aspects of the assigned captive(s).

This role requires a Bachelor’s degree and at least five years in insurance or related fields, with strong collaboration, communication, and IT skills. Domestic and international travel may be required.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Team collaboration

Information systems

Communication skills

Company values

Education

Bachelor’s degree or equivalent

5+ years experience in insurance/related field

Job description

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.