Director - Corp Insurance Sr Group Mgr. - Hybrid

Senior manager within Citi’s Corporate Insurance and Risk Management (CIRM) 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 property/casualty insurance programs, and captive insurance company management.

Responsibilities:

• Support overall strategic development and execution of risk financing activities including placement and administration of property/casualty insurance programs and management of captive insurance company
• Execute insurance claims management, oversight of third-party administrators, loss engineering and risk control
• Insurance support to business units and senior/business risk managers for various business-specific insurance needs including political risks and specific credit insurance placements
• Risk management advisory services to business units, 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, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

 

Key position requirements:

• Knowledge and experience in the insurance industry, with a proven track record of development of effective long-term relationships with major insurers, insurance brokers and other insurance specialists
• Knowledge of and experience with the design/negotiation of property/casualty insurance programs, captive insurance company management
• Effective leadership and team management abilities
• Commitment to Citi’s leadership principles and culture that drives client excellence, controls excellence and operational excellence; ability to build and develop diverse talent pool through meritocracy and transparency with continuous emphasis on excellence, initiative and courage 

Qualifications:

• Minimum 15+ years relevant experience; managerial experience

 

Education:

• Bachelor’s/University degree; Master’s degree a plus

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Job Family Group:

Risk Management

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Job Family:

Insurance

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Time Type:

Full time

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Primary Location:

Long Island City New York United States

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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. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers 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.

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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