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Ilitch Companies · 3 weeks ago

Director of Captive Insurance and Risk Solutions

Detroit, MI

Full-time

Hybrid

Director/Executive

7+ years exp

Ilitch Companies is responsible for the operations of captive insurance companies in Cayman Islands and Michigan. The Director of Captive Insurance and Risk Solutions will oversee the development of new insurance lines, coordinate with operating companies, and lead initiatives for the captive insurance sector.

Food and BeverageHospitalityTravel

Responsibilities

Development and execution of strategic and tactical plans for new and expanding insurance programs

Act as the captive insurance subject matter expert and advise internal teams on potential risks and coverage requirements

Work with the operating companies on monthly reports, identifying program status and proposed structural changes based on cost of insurance through various metrics

Develop business proposals and case studies for presentation to senior leadership

Coordinate with outside service providers to determine feasibility and implementation of new insurance programs

Responsible for budgets, forecasts, and financial reports, including the analysis of the captive program’s financial performance

Assist with annual audits, government filings, and board meetings preparation as needed

Perform other duties as assigned

Qualification

Risk management experienceInsurance expertiseAnalytical skillsManagement experienceMicrosoft ExcelCommunication skillsBusiness etiquetteConfidentialityAttention to detailProblem-solving skillsFlexibility

Required

Bachelor's degree in business, risk management, insurance, healthcare, or relevant discipline required

Minimum of seven years of risk management and insurance experience, preferably with a self-insured organization

Minimum of seven years' management experience

Expert knowledge and skills in various lines of insurance including property and casualty, life, health, and reinsurance

Must be highly confidential and display strong judgment

Experience handling sensitive and/or confidential financial information and maintaining ongoing confidentiality

Computer proficiency with Microsoft Office software, with expertise in Excel and PowerPoint

Evidence of highly developed analytical and problem-solving skills and proven ability to gather, analyze and resolve problems in a timely manner

Demonstrated attention to detail, thoroughness and accuracy when completing work and concern for all areas of the task or situation

Evidence of highly developed communication skills with ability to communicate complex financial and insurance data to a non-technical audience

Evidence of flexibility and ability to adapt to changing priorities and ability to multi-task, managing several concurrent priorities

Must demonstrate professional demeanor and business etiquette in all interactions

Position requires signature of a confidentiality and non-compete agreement

Preferred

Master's degree preferred

Underwriting experience is preferred

Previous experience with a captive insurance company holding multiple lines of business

Company

Ilitch Companies

The Ilitch Companies' family of businesses represent leading brands in the food, sports and entertainment industries, including Little Caesars, Blue Line Distribution, the Detroit Red Wings, Olympia Entertainment, the Detroit Tigers, Olympia Development, Little Caesars Pizza Kit Fundraising Program, Champion Foods, MotorCity Casino Hotel, Ocean Casino Resort, and Tenda.

Founded in 1999

Detroit, Michigan, USA

10001+ employees