Oklahoma Insurance Department Staffing Up for Captives

OKLAHOMA CITY, July 13, 2018 /PRNewswire/ -- Oklahoma is continuing to see growth in its captive market thanks to the state's efforts to modernize captive regulation. Providing unparalleled service to the captive industry is imperative for the Captive Insurance Division (CID) of the Oklahoma Insurance Department (OID). To continue its mission of excellence the CID is actively seeking to expand its staff with two critical positions. Positions are now open for application for a Deputy Commissioner of Captive Insurance and for a Senior Captive Analyst.

The Deputy Commissioner of Captive Insurance reports directly to the Chief of Staff and is responsible for managing, promoting and providing policy guidance for the CID. This position ensures that the CID operates efficiently and effectively, represents the OID at industry events and meetings and provides insight and innovation that keeps Oklahoma a domicile of choice.

The Senior Captive Analyst position requires a strong understanding of financial analysis and is responsible for reviewing and monitoring the applications and activities of Oklahoma's captive insurers. This position ensures that the captive industry receives prompt decisions on regulatory issues and that captive activities remain aligned with regulatory protections.

For more information on Oklahoma's Captive Insurance Division and these positions, please visit captive.oid.ok.gov.

About the Oklahoma Insurance Department
The Oklahoma Insurance Department, an agency of the State of Oklahoma, is responsible for the education and protection of the insurance-buying public and for oversight of the insurance industry in the state.

For more information, contact:
James Mills
918-295-3705
James.Mills@oid.ok.gov

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SOURCE Oklahoma Insurance Department