Senior Insurance Analyst Property & Casualty
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Job Location:
Charlotte, VT - USA
Monthly Salary:
Not Disclosed
Posted on:
18 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Description:
At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients teammates communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace attracting and developing exceptional talent supporting our teammates physical emotional and financial wellness recognizing and rewarding performance and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America you can build a successful career with opportunities to learn grow and make an impact. Join us!
Job Description:
This job is responsible for managing the companys exposure to insurance risk and/or claims management. Key responsibilities include selecting and overseeing negotiations with insurers and vendors expense control and ensuring accuracy of budgets and reserves. Job expectations include conducting exposure evaluations claims processing insurance hedging underwriting delivering trend analysis and driving loss prevention initiatives on behalf of stakeholders.
Responsibilities:
Identifies researches analyzes structures and negotiates insurance hedges via underwriting
Investigates litigates subrogates and negotiates insurance settlements via claims processing
Identifies analyzes structures and negotiates surety bonds
Consolidates reviews and maintains policy documentation monitors insurer credit quality and loss developments
Develops and delivers executive and management level reporting and presentations
Leverages underwriting and claims knowledge to provide advice on strategic solutions for exposure hedging
Required Qualifications:
Demonstrated analytical skills intellectual curiosity
Resourceful able to research information a problem solver
Excellent communication teamwork and business partnering skills
Intermediate to advanced experience with Microsoft suite
Proven writing skills to all different audience levels
Desired Qualifications:
1-2 years of Insurance industry experience preferred but not required
BS/BA degree (Insurance & Risk Management and / or Finance preferred) or related work experience
Minimum Education Requirement:
High School Diploma / GED / Secondary School or equivalent
Skills:
Claims Management
External Resource Management
Risk Analytics
Vendor Management
Analytical Thinking
Financial Analysis
Interpret Relevant Laws Rules and Regulations
Reporting
Underwriting
Collaboration
Financial Forecasting and Modeling
Policies Procedures and Guidelines
Problem Solving
Record Keeping
Shift:
1st shift (United States of America)Hours Per Week:
40Required Experience:
Senior IC
Key Skills
- Sales Experience
- Time Management
- Marketing
- Customer Service
- Communication skills
- Retail Sales
- Business Management
- Outside Sales
- Telemarketing
- Insurance Sales
- Medicare
- Phone Etiquette
About Company
What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.
