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Preferred Risk Insurance Jobs in Utah (NOW HIRING)

When you join HUB, you become part of a vast network of risk, insurance, employee benefits ... High school diploma required; college degree preferred * Strong written and oral communication ...

Review vehicle and operational safety trends and partner with Fleet, Operations, and insurance ... Multi-state and multi-location experience strongly preferred; skilled trades, field services ...

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General knowledge of the insurance industry and its products and services is preferred but not ... By keeping our underwriting and risk management teams in-house, we've been able to write an endless ...

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Preferred Risk Insurance information

What is preferred risk insurance?

Preferred Risk Insurance refers to insurance policies offered to individuals or businesses that are considered low risk by insurance companies. These policyholders typically have a favorable claims history, good credit, and other positive risk factors, which can result in lower premiums and better coverage options. Preferred risk categories exist in various types of insurance, including auto, home, and life insurance, and are used by insurers to reward responsible customers. Being classified as a preferred risk can help you save money and access more comprehensive insurance products.

What are the key skills and qualifications needed to thrive as a preferred risk insurance underwriter?

To thrive as a Preferred Risk Insurance Underwriter, you need a solid understanding of risk assessment, insurance policies, and underwriting principles, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, industry databases, and insurance regulations is crucial, and professional certifications like CPCU or AU are often preferred. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for evaluating applications and collaborating with agents or clients. These skills ensure accurate risk evaluation, profitable decision-making, and regulatory compliance within the insurance industry.

What are some common challenges faced by professionals working in preferred risk insurance, and how can they effectively address them?

Professionals in Preferred Risk Insurance often face the challenge of accurately assessing and underwriting applicants who fall within favorable risk categories, while ensuring compliance with regulatory standards. Balancing competitive pricing with profitability is another key challenge, as is staying updated on evolving risk factors and industry trends. To address these issues, it's important to maintain strong analytical skills, foster clear communication with underwriting and sales teams, and regularly participate in training sessions or industry seminars. Collaboration with actuaries and claims specialists is also essential to ensure consistent risk evaluation and policy management.

What is the difference between Preferred Risk Insurance vs Commercial Insurance Agent?

AspectPreferred Risk InsuranceCommercial Insurance Agent
CredentialsLicenses required, often with specific state certificationsSame licenses, may require additional certifications for commercial policies
Work EnvironmentPrimarily office-based, handling personal insurance policiesOffice and client meetings, handling business and commercial policies
Industry UsageUsed by insurance companies to classify low-risk clientsUsed by agents to sell various insurance products, including commercial policies

Preferred Risk Insurance typically refers to clients or policies with lower risk profiles, often handled by agents specializing in personal insurance. Commercial Insurance Agents focus on selling policies for businesses, which usually involve higher risks. While both roles require licensing and industry knowledge, Preferred Risk Insurance emphasizes low-risk personal policies, whereas Commercial Insurance Agents deal with business-related coverage.

What are popular job titles related to Preferred Risk Insurance jobs in Utah?

For Preferred Risk Insurance jobs in Utah, the most frequently searched job titles are:

What job categories do people searching Preferred Risk Insurance jobs in Utah look for?

The top searched job categories for Preferred Risk Insurance jobs in Utah are:

What cities in Utah are hiring for Preferred Risk Insurance jobs?

Cities in Utah with the most Preferred Risk Insurance job openings:

Infographic showing various Preferred Risk Insurance job openings in Utah as of September 2026, with employment types broken down into 64% Full Time, and 36% Part Time. Highlights an 100% In-person job distribution.

Senior Risk Officer - Supply Chain Management - Salt Lake City

Salt Lake City, UT • On-site

Zions Bank
Commercial Banking • 1 - 5K employees

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 hours ago


Job description

Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
Zions Bancorporation is seeking a Senior Risk Officer and Subject Matter Expert (SME) in Supply Chain Management to join our Operational Risk Oversight (ORO) team. Operating as a crucial member of the second line of defense, you will provide independent oversight, review, and credible challenge to our first-line Supply Chain Management business unit. In this role, you will act as a trusted advisor to help identify, assess, and mitigate operational and supply chain risks across the bank's diverse operations. By building a healthy, collaborative relationship with the first-line Supply Chain Management team, monitoring risk management activities, and influencing material business decisions, you will ensure strict alignment with the Bank's operational risk appetite while delivering actionable risk insights to executive leadership and management committees (such as the Operational Risk Committee).
Key Duties and Responsibilities
  • Act as the Second Line of Defense SME for Supply Chain Risk, forming a healthy, collaborative, and productive relationship with the first-line Supply Chain Management team while maintaining independence to provide effective review and credible challenge.
  • Oversee, analyze, and evaluate first-line supply chain business processes, procedures, and controls to assess the control environment, identify process improvement and risk mitigation opportunities, and support the development of key controls, key risk indicators (KRIs), and management reporting.
  • Perform data analysis and testing to support conclusions regarding operational risk within supply chain processes, including sourcing, procurement, and vendor lifecycle management.
  • Rapidly analyze complex supply chain and risk data (including GRC/Archer data integrity), translating results into clearly written reports and memos. Ensure accuracy, appropriate tone, and clarity for executive audiences.
  • Communicate feedback to process owners and senior management regarding process improvement and operational risk mitigation opportunities.
  • Conduct issue/observation analysis related to audit findings, self-identified issues, and operational risk events within supply chain.
  • Develop and deliver targeted operational risk and process risk training and resources to first-line supply chain partners to enhance risk awareness, motivate assessment completion, and promote a strong risk culture.
  • Review and assess root causes of significant operational risk events impacting the supply chain and perform post-event reviews as needed.

Qualifications
  • Bachelor's degree in Supply Chain Management, Business Administration, Finance, Economics, or a related field.
  • 6+ years of experience as a subject matter expert in supply chain management, procurement, bank operations, risk management, or other directly related fields, preferably within financial services.
  • Proven ability to build strong, healthy relationships across teams and leadership roles while simultaneously providing constructive, independent review and credible challenge to the first line of defense.
  • Extensive SME-level knowledge of supply chain management frameworks, procurement lifecycles, and vendor management risks.
  • Demonstrates strong presentation and communication skills, both verbal and written, with the ability to draft clear, accurate reports and policies for executive and regulatory audiences.
  • Advanced analytical, root-cause analysis and problem-resolution.
  • Ability to quickly learn and navigate complex organizational structures, business processes, and bank-specific requirements.
  • Strong proficiency required in Governance, Risk, and Compliance (GRC) tools (experience managing data integrity in Archer is a plus) and Microsoft Office applications (Word, Excel, and PowerPoint).

Benefits & Compensation
  • Medical, Dental and Vision Insurance - Start Day One!
  • Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
  • Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
  • Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays
  • 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
  • Mental health benefits including coaching and therapy sessions.
  • Tuition Reimbursement for qualifying employees
  • Employee Ambassador preferred banking products

Zions Bank logo

About Zions Bank

Sourced by ZipRecruiter

Zions Bank recognizes that its success comes from the dedication, experience and talents of its diverse employee base. As we usher in the next generation of banking, we're committed to being the premier employer of choice. We're proud to have ranked among American Banker magazine's "Best Banks to Work For" almost every year since 2013, as Best Employer from Utah's Best of State, among the Best Places to Work in Idaho, and "among the Salt Lake Tribune's Top Workplaces. Make the leap into a new era of banking. Let us transform your career.

Industry

Commercial banking

Company size

1,001 - 5,000 Employees

Headquarters location

Salt Lake City, UT, US

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