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Senior Managing Director - Global Advisory Captive Insurance

Senior Managing Director - Global Advisory Captive Insurance

HuntingtonDetroit, MI, US
23 days ago
Job type
  • Full-time
Job description

Senior Managing Director Captive Insurance Banking

The Senior Managing Director Captive Insurance Banking is responsible for the oversight and growth of the business, emphasizing the sale of letters of credit, trust and investment management products in the captive insurance space. The candidate will provide strategic leadership, foster client relationships, manage financial performance, mitigate risks, and develop a high-performing team.

Duties and Responsibilities :

  • Develop and implement the division's strategic plans and initiatives, aligning them with the overall goals of the organization and emphasizing comprehensive customer solutions through the sale of letters of credit, trust and investment management products in the captive insurance space.
  • Provide strong leadership to the banking teams, setting clear objectives and fostering a high-performance culture.
  • Build and maintain strong relationships with corporate, specialty, and government clients.
  • Identify opportunities for business development and cross-selling of banking products and services. Ensure a high level of customer satisfaction and retention.
  • Manage the division's financial performance, including budgeting, forecasting, and profitability analysis.
  • Monitor key financial metrics and implement strategies to drive revenue growth and cost efficiency.
  • Implement robust risk management practices to ensure compliance with regulatory requirements and mitigate potential risks.
  • Develop and maintain effective internal controls and processes to safeguard the bank's assets.
  • Recruit, train, and mentor a high-performing team of banking professionals. Provide ongoing coaching and development opportunities to enhance their skills and capabilities.
  • Stay abreast of industry trends, market conditions, and competitive landscape.
  • Use market intelligence to identify new business opportunities and develop innovative banking solutions for clients.
  • Foster collaboration and effective communication with other departments within the organization, such as credit, operations, and compliance, to ensure seamless delivery of banking services.
  • Performs other duties as assigned.

Basic Qualifications :

  • Bachelor's degree in business or finance related field
  • 15 or more years of industry specific experience
  • 10 or more years leading teams
  • 10 or more years of risk management experience
  • Preferred Qualifications :

  • 10 or more years Captive Insurance Banking experience including sale of letters of credit, trust and investment management products in the captive insurance space.
  • 10 or more years of financial performance, including budgeting, forecasting, and profitability analysis.
  • Compensation Range : $170,000.00 - $350,000.00

    The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

    Huntington is an Equal Opportunity Employer.

    Tobacco-Free Hiring Practice : Visit Huntington's Career Web Site for more details.

    Note to Agency Recruiters : Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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