Corporate Insurance Risk Management Jobs in North Carolina

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, you'll 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 won't receive a response).

Regular or Temporary:

Language Fluency: English (Required)

Work Shift:

LOCATION:

** Truist in-office requirement is 5 days per week**

Please note: candidate must be located in the following location:

• Charlotte, NC

No remote or telecommute option

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 Company's insurance risk management policies, and procedures to support enterprise wide strategic objectives.
2. Serve as the primary owner of insurance related governance processes, including the identification, analysis, and reporting of risk management data. Own the 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 administrative support for insurance claims, recoveries, and refunds, including evaluation of loss trends, potential exposures, and insurer performance. Analyze claims activity using carrier provided systems and reporting tools.
4. Participate in claims reviews and stewardship meetings, as appropriate, to communicate claim status, emerging risks, and financial exposures to senior stakeholders.
5. Act as a liaison with insurance brokers and vendors, organizing quarterly strategy discussions and claims reviews to align insurance placements and claims outcomes with the Company's 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. Administer the procurement, placement, and renewal of all insurance programs, including preparation of executive level 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 with due diligence support for mergers, acquisitions, and divestitures, including identification of coverage gaps, risk transfer considerations, and post transaction integration requirements.
10. Collaborate with Accounting and Finance to ensure accurate reconciliation of insurance accounts, proper premium allocation and amortization, and timely processing of insurance related payments.
11. Represent the Company in the insurance marketplace by attending industry conferences and engaging with carriers and brokers as requested 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 Business or equivalent science/academic field.
2. Minimum 2 years of risk management experience in insurance, financial services or related field.
3. Strong communication and PowerPoint presentation skills.
4. Ability to think critically and strategically, multi-task, and drive change.
5. Strong quantitative, governance, administrative and analytic abilities.
6. Ability to provide effective challenge to senior management.
7. Ability to work with varied payments and risk systems with minimal oversight.

Preferred Qualifications:

1. Exposure with Workers Compensation and general liability claims

2. Experience working with AI tools

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 position.Truist 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 Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's 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