About this role:Wells Fargo is seeking a Corporate Insurance Director. This role will lead the Risk Financing and Management Liability Claims functions within Risk & Insurance Management (RIM). RIM is responsible for management of Wells Fargo's insurable risks around the world. Responsibilities of the role include designing and purchasing all corporate insurance and reinsurance coverages (D&O, Property, Cyber, Workers' Comp, Professional Liability, etc.), and managing large, complex management liability claims in response to litigation.
In this role, you will:- Lead, manage, and develop the strategic plan and deliverables for functions within responsibility
- Serve as authority for executive management on corporate insurance
- Identify opportunities and strategies for optimizing insurance coverage and overall insurance expense
- Lead experienced team by making strategic decisions to meet management priorities
- Interpret and develop range of strategy, direction, and controls to manage operational risk
- Drive a strong risk-based control structure in compliance with laws and regulations, internal requirements, and the Company's commitment to a strong risk management culture
- Manage allocation of people and financial resources for functions within responsibility
- Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications:- 8+ years of Corporate Insurable Risk Management, Risk Management Consulting, Property or Casualty Insurance, or Insurance Brokerage experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of Management experience
Desired Qualifications:- A BS/BA degree or higher in accounting, finance, or economics
- J.D. or experience in legal practice
- 6+yrs experience in Corporate Insurable Risk Management, Risk Management Consulting, Property or Casualty Insurance, or Insurance Brokerage.
- Extensive knowledge of insurable risk management, including experience in financial institution exposures, risk financing, captive utilization, insurance/reinsurance, complex management liability claims, insurance broker engagement and insurance carrier relationship management
- People management experience
- Adaptability, agility, change management leadership with strong focus on utilization of technology to enhance efficiency in execution
- Other certifications applicable to areas of responsibility such as Associate in Risk Management (ARM), Certified Risk Manager (CRM), Chartered Property Casualty Underwriter (CPCU)
- Ability to develop partnerships and collaborate with other business and functional areas
- Strong analytical skills with high attention to detail and accuracy
Job Expectations:- Ability to travel up to 25% of the time
- This position offers a hybrid work schedule
- Required to work in the listed location
Posting End Date: 14 Nov 2024
*Job posting may come down early due to volume of applicants. We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
