Insurance Manager Position Available In Mecklenburg, North Carolina

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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Manages and provides strategic and technical leadership on one or more significant areas of coverage and/or a portfolio of related insurance underwriting. Typically collaborates with one or more insurance specialists, and is responsible for insurance expense control (with a significant amount of expenditure authority). Responsible for accuracy of budgets for his area of responsibility. May individually manage complex and sensitive projects that can involve other business units. Interfaces with, and gives strategic insurance coverage advice to various business units. Bank of America’s Enterprise Insurance Management (EIM) team utilizes insurance to protect the bank’s assets and reduce corporate and line of business risk in support of our responsible growth strategy and risk management framework. EIM is looking for a dynamic professional to join our team as an Insurance Manager.

Responsibilities:

Support management on a broad portfolio of property/casualty, professional management liability, specialty, and surety underwriting coverages Provide consulting as subject matter expert to resolve insurance inquiries for senior management and business units quickly and accurately Work with external brokers, insurers and third party administrators Interface with various lines of business across the firm to research, gather and analyze exposure, loss, and trend information Utilize relevant underwriting and claims knowledge to thoroughly analyze product availability, coverage, and pricing to provide recommendations on specific product purchases, structures and counterparties Have responsibility for collecting, reviewing and maintaining policy documentation, monitoring insurer credit quality, and providing appropriate management reporting of insurance programs

Required Qualifications:

Minimum 3 years’ experience in Insurance Risk Management and/or Commercial Insurance underwriting experience Demonstrated analytical skills, intellectually curious Resourceful/Research information – problem solver Excellent communication skills, teamwork and business partnering Proven strong communication and writing skills to all different levels Intermediate to advanced experience with Microsoft computer programs:

Word, Excel, Access and Outlook Desired Qualifications:

BS/BA degree (Insurance & Risk Management/Finance preferred) or related insurance work experience

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent”

Skills:

Financial Forecasting and Modeling Underwriting Risk Analytics External Resource Management Vendor Management Analytical Thinking Financial Analysis Interpret Relevant Laws, Rules, and Regulations Reporting Collaboration Claims Management Policies, Procedures, and Guidelines Problem Solving Record Keeping Shift:

1st shift (United States of America)

Hours Per Week:

40

Privacy Statement:

https://careers.bankofamerica.com/en-us/privacy-notice At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

Pay Transparency:

https://careers.bankofamerica.com/en-us/pay-transparency