Bill Eleamos Added to FORTY Under 40 List

Here is Bill’s summary from Captive International’s FORTY Under 40 Finalists.

BILL ELEAMOS

Vice President of Finance, Capterra Risk Solutions

“The captives industry lets you work with some of the brightest professionals.”

Bill Eleamos started his career as an accountant at a wealth management firm in 2010. While there he was promoted to senior accountant in 2011 and obtained his graduate degree and MBA. He then found his way to Capterra in 2015, where he was the fiscal officer and accountant for the captive clients under management.

In 2019, Eleamos was promoted to controller where he maintained all prior responsibilities and added the responsibilities of maintaining and overseeing the accounting and overall operation of Capterra. In January 2023, he was promoted to vice president of finance and brought on as a minority partner of Capterra.

Eleamos was described as a very experienced captive financial professional, being very organised and detail-oriented, along with being friendly and easy to communicate. He is said to do a great job to ensure his clients are in compliance with the domicile’s state laws and regulations.

Here he explains why the captive insurance industry is rewarding to be in, why people should join it and how he feels it will evolve over the near term.

Do you feel that the captive insurance industry is a rewarding sector to work in?

The industry is rewarding from the aspect of assisting businesses of all sizes and industries. The captive insurance space is a useful tool that can benefit many types of businesses. One week I may be reviewing a programme for a mid-size contractor in Florida, and the following week, implementing a programme for a large manufacturer in Pennsylvania. The ability to touch and help businesses all of sizes and industries is one of the most rewarding effects of working in the captives sector.

Would you recommend the captive insurance industry to young people as a future career path?

I believe it is. The captives industry lets you work with some of the brightest professionals all coming together for the common goal of implementing an effective risk management solution. By working daily with the likes of actuaries, attorneys, CPAs, insurance experts, business owners, CFOs, risk managers, etc, you are working with the best of the best and each day you are absorbing that knowledge and making that individual a well-rounded professional.

How do you feel that the captive insurance industry will evolve?

The captives industry will undoubtedly continue to evolve and innovate. That is the basis of captive insurance and how we differ from the traditional insurance market. The captive industry listens to the needs and actual risks of the insured businesses and finds solutions unavailable in any other market.

Do you think that your long-term future remains in the captive insurance industry?

Yes. With my eight-and-a-half years in the industry and obtaining my ACI designation, I have obtained experience and knowledge that have provided a solid foundation in the captives space.

Capterra Risk Names Bill Eleamos as Partner

Promoted to Vice President of Finance

Feb 22, 2023 (Pittsburgh, PA) – Capterra Risk Solutions, LLC, a captive management and consulting firm offering an unparalleled level of risk management and underwriting expertise, has named Bill Eleamos as Partner and Vice President of Finance.

Mr. Eleamos has worked at Capterra for over 7 years. He joined as a Fiscal Officer in 2015 and was promoted to Controller in 2019.  Sandra Fenters, Capterra Risk Solutions President and Founder, says

“Bill has contributed much to the recent growth of the firm with his strong fiscal skills and outstanding organization. He is embracing a larger leadership role with serving our clients and managing our partner resources.”

Bill adds “I am extremely grateful for this promotion.  This firm has been a second family to me.  I will embrace the new challenges and responsibilities that come with this opportunity, and I look forward to help steer the future growth of Capterra.”

Bill worked for Mellon Capital before joining Capterra. He holds a MBA from California University of Pennsylvania and also obtained his Associate in Captive Insurance (ACI) designation from the International Center of Captive Insurance Education.

The new Vice President of Finance works from the firm’s Pittsburgh headquarters. Capterra also operates a Charlotte, NC office.

Meet the Team: Alyssa Preidt

Title and Role: Underwriting and Claims Manager

Length in Industry: 4 years since college graduation in 2018

During college, Alyssa had several internships within the insurance and risk management industry sector.

Certifications: Associate in Risk Management (ARM) and currently obtaining the Certified Risk Manager (CRM)

Favorite Project: Alyssa’s favorite project has been building and developing a database used to track, manage, and manipulate data concerning claims processing, reinsurance information, renewal processing, captive entities, and coverage information. The database is used for reporting, loss runs, and renewal summary purposes along with numerous other purposes.

Favorite personal activities: She loves to read, spend time with her family and friends, play the guitar, exercise, play with her dog Harley, and travel.

Meet the Team: Jeff Ellington

Title: Senior Vice President

Responsibilities: Jeff is responsible for business development & the oversight of the captive formation process, including risk assessments, feasibility studies, organizational structure and design, and policy production.

Time at Capterra: New in 2022

Time in insurance/financial services: 35+ years; 10+ in captive management and consulting.

Jeff has worked in multiple facets of the commercial insurance industry, including sales, marketing, underwriting and management.

Education/Certification: Jeff is a graduate of the University of North Carolina, Chapel Hill. He achieved and maintains the Certified Insurance Counselor designation.

Personal tidbits:

Jeff is married to Debbie; they live in Indian Land, SC. Together they have 5 children from previous marriages & 3 grandchildren, and 1 dog, Winston.

Jeff enjoys golf, gardening, and reading; he is an avid fan of college and pro football and basketball.

Jeff and Debbie

Meet the Team: Jeremy Hirsch

Title: Director of Marketing

Responsibilities: Jeremy is in charge of the firm’s marketing and branding. He was heavily involved in Capterra Risk’s rebranding in 2013.

As a seasoned, senior marketer, Jeremy has run several Marketing departments in both large and small companies.

Time at Capterra: 5+years

Time in insurance/financial services: 5+years

Education/Certification: Jeremy earned his MBA from Carnegie Mellon’s Tepper School of Business.

Personal tidbits:

Jeremy enjoys running, traveling with his family and barbequing.

 

Meet the Team: Bill Eleamos

Title: Controller & Fiscal Officer

Responsibilities: Bill manages the day-to-day accounting functions of all captive insurance companies under Capterra Risk Solution’s management.

He is also responsible for the accounting operations and strategic planning of Capterra Risk Solutions, LLC.

Time at Capterra Risk: 5+ years (Bill joined in 2015)

Time in insurance/financial services: 10 years

Education/Certification: Bill graduated from Clarion University of Pennsylvania with a Bachelor of Science in Accounting. Subsequent to his undergraduate degree, he obtained his Master’s in Business Administration (MBA) from California University of Pennsylvania.

Bill has also obtained his Associate in Captive Insurance (ACI) designation from the International Center of Captive Insurance Education.

Personal tidbits:

Bill is married to Victoria; the couple has a two-year old son (Maxon). They live in the Canonsburg, PA area (south of Pittsburgh).

During his free time, Bill enjoys golfing in a local league, taking his son to gym class and swim lessons, and vacationing in Myrtle Beach, SC with his family.

Bill is an active member of the All Saints Greek Orthodox Church in Canonsburg.

 

Congratulations to Stefanie Cellitti

Stef's Photo - sized 2

We congratulate Stefanie Cellitti on her new position with Capterra Risk Solutions as the Assistant Controller. Stefanie was previously responsible for the day to day accounting functions of all captive insurance companies under the management of Capterra, and now Stefanie is responsible for the day to day internal accounting functions of Capterra.  Stefanie’s full bio can be viewed at https://capterrarisk.com/about-us/our-team/stefanie-cellitti/.