Sr. Captive Manager

Holmes Murphy • Waukee, IA

18h • Onsite

About The Position

Innovative Captive Strategies (ICS) is a premier captive insurance management and advisory firm dedicated to delivering customized, forward‑thinking captive solutions . ICS combines deep technical expertise with an entrepreneurial mindset to help organizations better manage risk, enhance financial performance, and achieve long‑term strategic objectives. At ICS, we believe innovation, collaboration, and client‑first thinking are the foundation of great captive programs. The Senior Captive Manager serves as a key leader within ICS, responsible for overseeing the strategic management, performance, and growth of complex captive insurance programs. This role partners closely with clients, regulators, service providers, and internal teams to ensure captives operate efficiently, compliantly, and in alignment with each client’s evolving risk strategy. This position is ideal for an experienced captive professional who enjoys combining technical leadership , client advisory , and strategic problem‑solving in a fast‑paced, consultative environment.

Requirements

• Bachelor’s degree in risk management, finance, insurance, business, or a related field
• 7+ years of experience in captive insurance management or related risk consulting
• Strong knowledge of captive structures, financial reporting, and regulatory requirements
• Proven experience managing complex client relationships
• Excellent communication, presentation, and organizational skills
• Professional designations such as ACI, CPCU, ARM, CPA, or similar

Nice To Haves

• Experience working with multiple captive domiciles

Responsibilities

• Lead the day‑to‑day and long‑term management of assigned captive insurance programs
• Act as a strategic advisor to clients on captive design, optimization, and performance
• Analyze and communicate financial results, including underwriting performance, surplus, reserves, and projections
• Prepare and present board materials, financial reports, actuarial analyses, and business plans
• Coordinate with actuaries, auditors, attorneys, fronting carriers, reinsurers, and regulators
• Ensure compliance with captive domicile requirements and governance best practices
• Identify opportunities for innovation, program enhancements, and captive growth strategies
• Mentor and support captive team members, fostering development and collaboration
• Participate in client board meetings and strategic planning discussions

Benefits

• In addition to core benefits like health, dental and vision, also enjoy benefits such as:
• Paid Parental Leave and supportive New Parent Benefits — We know being a working parent is hard, and we want to support our employees in this journey!
• Company paid continuing Education & Tuition Reimbursement — We support those who want to develop and grow.
• 401k Profit Sharing — Each year, Holmes Murphy makes a lump sum contribution to every full-time employee’s 401k. This means, even if you’re not in a position to set money aside for the future at any point in time, Holmes Murphy will do it on your behalf! We are forward-thinking and want to be sure your future is cared for.
• Generous time off practices in addition to paid holidays — Yes, we actually encourage employees to use their time off, and they do. After all, you can’t be at your best for our clients if you’re not at your best for yourself first.
• Supportive of community efforts with paid Volunteer time off and employee matching gifts to charities that are important to you — Through our Holmes Murphy Foundation, we offer several vehicles where you can make an impact and care for those around you.
• DE&I programs — Holmes Murphy is committed to celebrating every employee’s unique diversity, equity, and inclusion (DE&I) experience with us. Not only do we offer all employees a paid Diversity Day time off option, but we also have a Chief Diversity Officer on hand, as well as a DE&I project team, committee, and interest group. You will have the opportunity to take part in those if you wish!
• Consistent merit increase and promotion opportunities — Annually, employees are reviewed for merit increases and promotion opportunities because we believe growth is important — not only with your financial wellbeing, but also your career wellbeing.
• Discretionary bonus opportunity — Yes, there is an annual opportunity to make more money. Who doesn’t love that?!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees