Corporate Insurance Senior Group Manager / Director

About the role

This position is for a senior manager within Citi’s Corporate Insurance and Risk Management function, a specialized unit that protects Citi’s global assets and continuity of business from fortuitous loss through risk analysis, financing, placement and administration of corporate insurance programs, and captive insurance company management.

Responsibilities

• Support overall strategic development and execution of risk financing activities including placement and administration of corporate insurance programs (Property, Casualty, Int'l Casualty, D&O, Fidelity Bond, Marine, Cyber, etc.) and management of captive insurance company
• Execute insurance claims management, oversight of third-party administrators, loss engineering and risk control
• Provide insurance support to business units and senior/business risk managers for various business-specific insurance needs including political risks and specific credit insurance placements
• Deliver risk management advisory services to business units, including approval/monitoring of local insurers, insurance brokers, and insurance purchasing
• Appropriately assess risk when making business decisions, taking into consideration the firm's reputation and safeguarding Citi, its clients and assets
• Drive compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices
• Escalate, manage and report control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Requirements

• Knowledge and experience in the insurance industry, with a proven track record of developing effective long-term relationships with major insurers, insurance brokers, and other insurance specialists
• Experience with the design and negotiation of large corporate insurance programs
• Experience with captive insurance companies
• Effective leadership and team management abilities
• Commitment to Citi’s leadership principles and culture that drives client excellence, controls excellence, and operational excellence

Qualifications

• Minimum 15+ years of relevant experience; managerial experience required
• Bachelor’s/University degree; Graduate degree a plus

Skills

• Analytical Thinking
• Credible Challenge
• Financial Analysis
• Governance
• Policy, Procedure, and Regulation
• Risk Management Lifecycle
• Constructive Debate
• Escalation Management
• Risk Controls and Monitors
• Risk Identification and Assessment

Pay

Primary Location Full Time Salary Range: $170,000.00 - $300,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Benefits

• Medical, dental, and vision coverage
• 401(k) plan
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Schedule

Full time

Primary Location: NC-CHARLOTTE (BALLANTYNE)