What are the responsibilities and job description for the Assistant Captive Director position at Artex?
Overview
Reporting to the Captive Director to retain, grow and manage one or more Group Captives.
How you'll make an impact
Captive Renewal Management:
Oversee the captive renewal process, including gathering, assembling, and presenting updated client underwriting information.- Board Meeting Preparation:
Plan, prepare, and organize materials for semi-annual captive board of directors’ meetings. - Loss Summary Coordination:
Compile and distribute loss summary information to clients and service providers. - Client Support:
Respond promptly to client needs and inquiries, ensuring exceptional service delivery. - Business Development:
Collaborate with the Captive Director to follow up on prospects and referrals from insureds and brokers. - Renewal Sales:
Present and explain renewal terms to current insureds, addressing any increases or decreases in coverage or costs. - Collateral Management:
Ensure collateral requirements are met for each member and communicate any new requirements annually. - Financial Oversight:
Maintain schedules related to premium payments, letters of credit, loss experience charges, and claim payments. - Policy Administration:
Manage policy issuance, premium audits, and coordinate policy errors and omissions reviews. - Invoicing and Receivables:
Oversee the premium invoicing process and monitor cash receivables to ensure timely payments. - Actuarial Review:
Evaluate new business and renewal loss projections provided by actuaries and conduct initial assessments for the Captive Director. - Coverage Template Maintenance:
Maintain and update the captive’s coverage templates for workers’ compensation, general liability, and auto coverage. - Stakeholder Relationships:
Foster positive and professional relationships with captive service providers, clients, and brokers. - Proactive Problem-Solving:
Anticipate client and program needs, identify potential challenges, and proactively offer effective solutions. - Compliance and Standards:
Ensure systems and account services align with corporate professional standards. - Team Leadership:
Direct and monitor the performance of the captive team’s service consultant to ensure high-quality service delivery. - Special Projects:
Lead and contribute to special projects as required.
About You
Required: Bachelor's degree and 5 or more years client coordination and/or claims management experience OR High School degree and 10 years client coordination and/or claims management experience. License required. Able and willing to travel approximately 25% of the time.
Preferred: Professional designation may be preferred, such as CPCU, CIC or ARM. Minimum 1 year experience with A.J. Gallagher is preferred.
Behaviors: Excellent verbal and written communication skills. Able to quickly determine critical issues.
Compensation and benefits
We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.
Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
- Medical/dental/vision plans, which start from day one!
- Life and accident insurance
- 401(K) and Roth options
- Tax-advantaged accounts (HSA, FSA)
- Educational expense reimbursement
- Paid parental leave
- Digital mental health services (Talkspace)
- Flexible work hours (availability varies by office and job function)
- Training programs
- Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
- Charitable matching gift program
- And more...
We value inclusion and diversity
Click Here to review our U.S. Eligibility Requirements
Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.
Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
