The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have a profile with us you can log in to check status.

Need Help

If you have a disability and need assistance with the application you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries wont receive a response).

Regular or Temporary:

Language Fluency: English (Required)

Work Shift:

Please review the following job description:

Position will sit in-office 5 days a week at 214 N Tryon Street Charlotte NC.
No remote option available.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.

1. Exercise independent judgment and discretion in the development documentation and ongoing administration of the Companys insurance risk management strategy policies and procedures to support enterprisewide strategic objectives.

2. Serve as the primary owner of insurancerelated governance processes including the identification analysis and reporting of risk management data. Direct the implementation and maintenance of policies and controls related to insurance program administration policy renewals claims management and wire transfer procedures and monitor key performance indicators and benchmarks to assess program effectiveness.

3. Provide strategic oversight of insurance claims recoveries and refunds including evaluation of loss trends potential exposures and insurer performance. Manage and analyze claims activity using carrierprovided systems and reporting tools.

4. Lead and coordinate claims review and stewardship meetings as appropriate to communicate claim status emerging risks and financial exposures to Executive Leadership and other senior stakeholders.

5. Act as a liaison with insurance brokers and vendors directing quarterly strategy discussions and claims reviews to align insurance placements and claims outcomes with the Companys risk appetite and financial objectives.

6. Partner closely with the Corporate Insurance Risk Manager Executive Leadership and external advisors to support enterprise risk decisions and insurance program strategy.

7. Direct the procurement placement and renewal of all insurance programs including preparation of executivelevel analyses and presentations and participation in management committee and governance meetings.

8. Manage the insurance policy calendar and renewal workflow to ensure timely preparation and presentation of recommendations to the Chief Financial Officer Executive Leadership the Enterprise Risk Committee the Board of Directors and/or designated committees.

9. Provide insurance and risk management due diligence support for mergers acquisitions and divestitures including identification of coverage gaps risk transfer considerations and posttransaction integration requirements.

10. Review and interpret contractual insurance requirements and risk transfer provisions for vendors and prospective vendors identify material risk gaps and recommend mitigation strategies consistent with Company standards.

11. Collaborate with Accounting and Finance to ensure accurate reconciliation of insurance accounts proper premium allocation and amortization and timely processing of insurancerelated payments.

12. Represent the Company in the insurance marketplace by attending industry conferences and engaging with carriers and brokers to maintain strategic relationships and remain informed of market developments and emerging risk trends.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Undergraduate degree in Insurance Business Finance or equivalent science/academic field.

2. Minimum five years of risk management experience in insurance financial services or related field.

3. Broad risk knowledge with an emphasis on insuring risk for a large financial institution.

4. Strong communication and PowerPoint presentation skills.

5. Ability to think critically and strategically multi-task and drive change.

6. Strong quantitative governance and analytic abilities.

7. Ability to provide effective challenge to senior management.

Preferred Qualifications:

1. Five years of insurance risk management experience in financial services or related field.

2. Licensed insurance agent or underwriter certification

3. Availability to travel /- 15 days a year.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work