Captive Manager

Overview

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

Overview

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

Responsibilities



(by clicking this link you are being referred to an external site that is not part of Panasonic)

Meet the Recruiter: Helen Despotopoulos

What You'll Get To Do

Panasonic North America is seeking a Corporate Captive Manager to join the Panasonic Risk Management Department. This role is ideal for a strategic risk financing professional with expertise in captive insurance management and a track record of operating in a complex, multinational environment. The Corporate Captive Manager is responsible for the effective operation, compliance, and strategic management of Panasonic Corporation of North America’s captive insurance program(s), with a focus on maximizing risk mitigation, cost efficiency, and regulatory compliance.

The role includes oversight of day‑to‑day captive operations and close collaboration with internal business partners and external service providers, including Captive Management Company. Panasonic Corporation of North America’s Risk Management function supports more than 50 Panasonic companies across the United States, Canada, and Mexico. This position plays a critical role in aligning captive governance and risk financing strategies across the enterprise.

Governance, Oversight & Accountability

• Provide strategic leadership and day‑to‑day oversight of the captive insurance program, ensuring robust governance, regulatory compliance, and ongoing audit readiness, while leveraging a third‑party captive management company for execution.
• Serve as the designated internal owner of the captive, maintaining ultimate accountability for captive performance, risk alignment, and compliance outcomes.

• Learn, and effectively use the RMIS to manage, validate, and analyze exposure data supporting captive underwriting, pricing, financial reporting, regulatory disclosures, actuarial reviews, loss forecasting, capital adequacy assessments, audits, and regulatory reviews.

• Coordinate and oversee the billing and funding of insurance premiums into the captive, working with Finance, and the Captive Management Company to ensure premiums are calculated correctly, invoiced timely, and funded in accordance with approved schedules.
• Ensure premium funding processes align with captive business plans, and internal controls.

• Oversee the recovery of claim payments from the captive, coordinating with the Captive Management Company, and Finance to ensure claims are funded or reimbursed by the captive in a timely and accurate manner.
• Reconcile claims paid and reimbursed, investigating variances and ensuring consistency across TPA reports, captive financial statements, and RMIS data.

• Manage and oversee the relationship with the third‑party Captive Management Company and other external service providers (actuarial, audit, tax, claims administrators).
• Review deliverables for quality, accuracy, timeliness, and alignment with agreed scope of services; escalate and remediate performance issues as needed.

• Oversee the captive’s financial performance, including review of financial statements, budgets, forecasts, cash flow, capital adequacy, and funding activities.
• Coordinate with the captive manager, actuaries, and finance teams to review premium levels, loss reserves, surplus adequacy.
• Ensure timely…