Specifications include, but are not limited to: Assess, modify or create recommendations, after consultation with DOI Controller and Chief of Staff in an effort to maintain internal controls on monies received from Delaware domiciled captives; 2.In consultation with the Controller, reconcile captive fees, captive taxes collected, monies owed. Submit no less than quarterly, a summary report to the Captive Director and Chief of Staff; 3.Review captive operational/administrative policies and procedures and recommend modifications to the Captive Director and Chief of Staff. 4.Review captive manager applications utilizing Delaware adopted measurements in advance of final review and authorization of the Captive Director. 5.Ensure all captive manager contact information is current along with mandated coverages and accreditations 6. Review laws and regulations applicable to the Captive Bureau’s operation within the Department of Insurance and make recommendations for new legislation through the Captive Director. 7.Monitor federal legislation regarding captive insurance and provide reports to the captive Director 8.Develop marketing plan on a monthly basis and submit written plan to Commissioner through the Captive Director; 9.Complete and submit a written weekly report of activities completed along with upcoming weekly activities planned. This report is to be submitted to Captive Director with a copy to the Insurance Commissioner, Deputy Insurance Commissioner and Chief of Staff. 10.Work with regional business entities to promote and educate those entities on the advantages of the Captive Insurance program; 11.Coordinate marketing, education and legislative initiatives with the Delaware Captive Insurance Association and Department of Insurance; 12. Interface with other state and local agencies such as but not limited to: Secretary of State, Delaware Economic Development Office, Delaware Business Community, City of Wilmington promoting collaborative initiatives to promote the captive program; 13. Act as captive legislative liaison at the direction of the Captive Director through the Deputy Commissioner; 14. Support goals and mission of Delaware Department of Insurance Captive Program based on dictates of Captive Director, Insurance Commissioner, Deputy Insurance Commissioner and Chief of Staff including the recommended allocation of resources to support goals and mission associated with the goal and mission.
