Joe Rosenberger
Senior financial analyst
North Carolina Department of Insurance
Personal bio: I was born and raised in Clemmons, North Carolina and love playing sports, with soccer being my main passion.
I enjoy spending my free time outdoors whether it be hiking or fishing with friends and family. You can usually find me at home with my cat Ellie during the week.
Professional profile: I attended Appalachian State University and received my undergraduate and graduate degrees in accounting
Shortly after receiving my graduate degree, I started working at the North Carolina Department of Insurance as a financial analyst on the traditional side of insurance regulation before moving to the captives division.
How did you end up in the captive industry?
A colleague at the North Carolina Department of Insurance mentioned the opening to me and I jumped on it! After conversations with fellow colleagues and following my interview I was excited to start my journey in the captive industry.
What has been your highlight in the captive industry so far?
My highlight in the industry has been the ability to work closely with captive managers and owners from a regulatory standpoint to create value for North Carolina domestic captives and for the state of North Carolina.
What/who have been your influences in the captive industry?
My influence in the captive industry is North Carolina’s deputy commissioner, Debbie Walker.
She is always willing to discuss any questions I may have while providing her insight and expertise to help me grow in my own career.
Watching their level of expertise, professionalism and creativity has truly been inspiring
What is your impression of the industry?
The captive industry is very versatile, offering many areas of expertise to specialise in. The possibilities surrounding captives are ever expanding and the ability to add value to a company and their domicile creates an incentive for innovation.
What are your aspirations for your career in the captive industry?
I would love the opportunity in my career to continue learning and progress through the ranks at the North Carolina Department of Insurance.
What advice do you have for someone considering a role in the industry?
Be prepared to look at insurance through a different lense. While many concepts remain similar, no two days are ever the same and business plans must be approached with an open mind.
Debbie Walker, senior deputy commissioner, North Carolina Department of Insurance “Joe joined our captive regulatory team of the North Carolina Department of Insurance during October of 2020 in the midst of the COVID pandemic. At the time, our team was working remotely so Joe received all of his training through virtual meetings, telephone calls and emails. However, Joe already possessed insurance regulatory experience as he was previously a financial analyst in the section of our department that regulates traditional insurance companies for financial solvency and compliance. Because of that experience and his success in that position, Joe was promoted to senior financial analyst of the captive regulatory team. The first thing we noticed is Joe’s positive, friendly and courteous attitude not only towards his team members but also captive managers and other service providers. In his short time with our division, Joe has shown us that he is a team player, willing to help others when he is needed. He has willingly taken on projects that were outside of the scope of his general responsibilities and assisted in other areas where resources were needed. He has brought knowledge and skills learned in his previous position and shared that with our team. Joe is already making a positive impact in his new position, and I look forward to seeing the impact he will be making in the future.”
