Captive Insurance Manager

Also called: Captive Manager

Runs an insurance company that a big business sets up to insure itself.

A day in the life

You manage the captive insurer for a hospital chain: setting premiums, buying backup coverage and preparing reports for regulators in Vermont.

Pay over a career

Starting
$100k
Typical
$150k
High
$230k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 10 years after high school. Bachelor's in finance, accounting or risk management.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Risk Management, Accounting, Finance.

Outlook

Growing much faster than average (about 15% over 10 years). Tracks financial managers.

Will it last? Our AI estimate

Low risk in 5 years, medium in 10. AI handles reporting, but running a company’s own insurer with regulators, actuaries and boards is specialized judgment.

Start now, in high school

Classes: Accounting class, AP Statistics, Business class.

Official data: O*NET occupation 11-3031.

More Insurance careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.