From: Captive Insurance Times
Hylant’s emerging talent Caroline Erdman speaks to Frances Jones about her role as captive account manager and her future career aspirations in the captive industry
How has your previous experience prepared you for your current role in captives?
I previously served as a financial analyst intern at the South Carolina Department of Insurance (SCDOI) for nearly two years. I worked for both the traditional and captive sides.
This experience helped introduce me to the regulatory side of captive insurance.
I worked at the department while I was studying at the University of South Carolina, where I double majored in finance, and insurance and risk management. I graduated in May 2023.
Going into my current position as a captive account manager at Hylant in June this year, I had a good foundation of regulatory knowledge and captives in general.
How did you end up in the captive industry? From your experience, what would you say are the key benefits of working in captives?
While at the SCDOI, I worked on the regulation of smaller captive companies. I really enjoyed how different every captive was. The captive industry is so dynamic and constantly evolving, especially in the current climate. I knew this was where I wanted to be.
One of the key benefits of working in captives is the community. As a newcomer to the industry, it’s obvious that people from every corner of the industry want to help you learn and succeed.