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McKesson · 7 hours ago

Manager, Captive Advisory

Alpharetta, GA

Full-time

Hybrid

Mid, Senior Level

$100K/yr - $166K/yr

7+ years exp

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. The role involves overseeing the company’s captive insurance entities, optimizing the captive insurance strategy, and enhancing risk analytics capabilities to support decision-making and compliance.

BiopharmaBiotechnologyHealth CareInformation TechnologyPharmaceutical

No H1B

Responsibilities

Support day-to-day operations of company-owned captives, including governance, compliance, audits and financial reporting

Lead the governance framework for all captive insurance entities, ensuring alignment with corporate policies and risk appetite

In collaboration with captive managers, develop and maintain business plans, underwriting guidelines, and investment policies for captives

Coordinate with captive managers, regulators, auditors, and captive boards to ensure adherence to domicile requirements

Maintain accurate documentation and prepare reports and material for management, executive committee and board meetings

Monitor and report on captive performance, including financial results, risk exposures, and compliance status.:

Support captive placements, including policy pricing, collateral requirements, capacity limits, policy drafting, issuance, and invoicing

Administer enterprise-wide TCOR budgeting and cost allocation for commercial and captive premiums

Enhance department’s in-house data analytics capabilities through broader adoption of RMIS system and other available data sources

Develop forecast and reporting tools to administer existing captives’ business and monitor key performance metrics of captive operations

Deliver actionable insights and dashboards for senior leadership and captive boards

Manage RMIS system (Admin) including user access, training and system functionality

Lead RMIS data management, ensuring data accuracy and completeness

Develop dashboards and reports for captive support, claims trends, and key risk indicators

Identify opportunities to automate workflows and improve RMIS data quality

Collaborate with RMIS vendor to implement enhancements

Collaborate with internal stakeholders and external partners to identify new opportunities for captive utilization

Support M&A due diligence, integration and divestiture needs

Promote a positive environment of collaboration and excellent stakeholder support

Qualification

Captive insurance experienceRisk management programsData management expertiseFinancial statement analysisProject management skillsInterpersonal skillsCommunication skillsCustomer-focusedSelf-starter

Required

Degree or equivalent and typically requires 7+ years of relevant experience

Experience supporting insurance, captives and risk management programs

Lead and oversee the governance framework and day-to-day operations of all company-owned captive insurance entities, ensuring compliance, audits, financial reporting, and alignment with corporate policies and risk appetite

Develop and maintain business plans, underwriting guidelines, and investment policies while monitoring and reporting on captive performance, including financial results, risk exposures, and compliance

Strong understanding of financial statements and insurance principles, with expertise in data management, validation, analysis, and data-driven decision-making

Strong project management skills with ability to manage multiple competing priorities

Adaptable, customer-focused self-starter with strong interpersonal and communication skills, able to influence, motivate, and present persuasively across all organizational levels

Candidate must be authorized to work in the U.S, now or in the future, without the support from McKesson