Captive Insurance Strategy Manager

Company:

Marsh Description:

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Marsh Malta Captive Solutions is seeking candidates to manage insurance operations process under Captive Management / Risk Financing department based in Malta, St Julian’s.

What can you expect?

The Captive Insurance Strategy Manager shapes and advances the risk-financing strategy of client captive insurers and protected cell companies. The role partners with clients and Marsh stakeholders to design fit‑for‑purpose captive solutions, steer program optimization across underwriting, claims, reinsurance and capital, and ensure strong governance and regulatory outcomes. In addition to overseeing core captive insurance operations, the position drives insight-led advisory, value realization, and continuous improvement, acting as a senior technical and strategic advisor to captive boards and client leadership.

We will count on you to:

• Lead the development and ongoing refinement of multi‑year captive and risk-financing strategies aligned to clients’ risk appetite, balance sheet objectives, and broader enterprise risk management priorities.
• Provide strategic recommendations on program design optimization (coverage architecture, limits, retentions, exclusions, policy terms) and alternative risk financing options.
• Translate performance results into actionable insights: identify trends in loss experience, underwriting performance, pricing adequacy, and capital efficiency; recommend improvement initiatives.
• Act as a senior technical advisor to client decision makers, including CFO/Risk leadership and captive boards, communicating complex insurance topics clearly and credibly.
• Serve as a key point of contact for captive boards on technical matters, supporting board governance by shaping agendas, building board packs, and presenting strategic and performance updates.
• Define and maintain the captive service delivery framework (roles, SLAs, controls), ensuring consistent quality across all third-party providers.
• Lead cross-functional coordination with brokers, actuaries, auditors, claims administrators/TPAs, fronting insurers and legal counsel to deliver strategic outcomes and operational excellence.
• Own the captive claims governance framework , including claims strategy, large-loss oversight, reserving governance, and reporting standards.
• Partner with claims administrators/TPAs to improve cycle times, reduce leakage, strengthen litigation management and enhance data quality.
• Develop and execute the captive reinsurance strategy , including program structure, counterparty selection and placement approach.
• Partner with actuaries and finance stakeholders to assess capital adequacy , reserve sufficiency, premium allocation methodologies, and risk transfer effectiveness.
• Contribute to business development through client proposals, strategic presentations, and solution design for new captive prospects.
• Strengthen existing client relationships by proactively identifying expansion opportunities and measurable value delivered.
• Maintain and share market intelligence on captive domiciles, regulation, taxation, and industry trends; contribute to internal knowledge sharing and best practices.
• Drive continuous improvement and automation opportunities across captive management workflows, focusing on quality, scalability, controls, and client experience.
• Define KPIs and dashboards that connect operational activity to strategic outcomes (e.g., risk cost reduction, volatility management, capital efficiency).

**What is in it for yo