Head of Captive Insurance Banking
Job
Huntington National Bank
Remote
Full-Time
Review key factors to help you decide if the role fits your goals.
Pay Growth
?
out of 5
Not enough data
Not enough info to score pay or growth
Job Security
?
out of 5
Not enough data
Calculating job security score...
Total Score
73
out of 100
Average of individual scores
Skill Insights
Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
Description The Head of Captive Insurance Banking is responsible for the oversight and growth of the business, emphasizing the sale of letters of credit, trust and investment management products in the captive insurance space. The candidate will provide strategic leadership, foster client relationships, manage financial performance, mitigate risks, and develop a high-performing team.
Duties and Responsibilities:
+ Develop and implement the division's strategic plans and initiatives, aligning them with the overall goals of the organization and emphasizing comprehensive customer solutions through the sale of letters of credit, trust and investment management products in the captive insurance space. + Provide strong leadership to the banking teams, setting clear objectives and fostering a high-performance culture. + Build and maintain strong relationships with corporate, specialty, and government clients. + Identify opportunities for business development and cross-selling of banking products and services. Ensure a high level of customer satisfaction and retention. + Manage the division's financial performance, including budgeting, forecasting, and profitability analysis. + Monitor key financial metrics and implement strategies to drive revenue growth and cost efficiency. + Implement robust risk management practices to ensure compliance with regulatory requirements and mitigate potential risks. + Develop and maintain effective internal controls and processes to safeguard the bank's assets. + Recruit, train, and mentor a high-performing team of banking professionals. Provide ongoing coaching and development opportunities to enhance their skills and capabilities. + Stay abreast of industry trends, market conditions, and competitive landscape. + Use market intelligence to identify new business opportunities and develop innovative banking solutions for clients. + Foster collaboration and effective communication with other departments within the organization, such as credit, operations, and compliance, to ensure seamless delivery of banking services. + Performs other duties as assigned.Basic Qualifications:
+ Bachelor's degree in business or finance related field + 15 or more years of industry specific experience + 10 or more years leading teams + 10 or more years of risk management experiencePreferred Qualifications:
+ 10 or more years Captive Insurance Banking experience including sale of letters of credit, trust and investment management products in the captive insurance space. + 10 or more years of financial performance, including budgeting, forecasting, and profitability analysis.Exempt Status:
(Yes = not eligible for overtime pay) (No = eligible for overtime pay)Yes Workplace Type:
Office Our Approach to Office Workplace Type Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Huntington is an Equal Opportunity Employer.Tobacco-Free Hiring Practice:
Visit Huntington's Career Web Site for more details. Note toAgency Recruiters:
Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.Similar jobs in Detroit, MI
Amazon.com Services LLC
Detroit, MI
Posted1 day ago
Updated11 hours ago
Trusted Resource Associates (TRA)
Detroit, MI
Posted1 day ago
Updated11 hours ago
Korner Security
Detroit, MI
Posted1 day ago
Updated11 hours ago
Arcadia Home Care and Staffing – an Addus family company
Detroit, MI
Posted1 day ago
Updated11 hours ago
Similar jobs in Michigan
Arcadia Home Care and Staffing – an Addus family company
Birmingham, MI
Posted1 day ago
Updated11 hours ago
Henry Ford Health System
New Baltimore, MI
Posted1 day ago
Updated11 hours ago
Cleary University
Howell, MI
Posted1 day ago
Updated11 hours ago