Corporate Insurance Senior Group Manager / Director

This position is for a senior manager within Citi’s Corporate Insurance and Risk Management 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 corporate insurance programs, and captive insurance company management.

Responsibilities:

• Support overall strategic development and execution of risk financing activities including placement and administration of corporate insurance programs (Property, Casualty, Int'l Casualty, D&O, Fidelity Bond, Marine, Cyber, etc.) 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 large corporate insurance programs
• Experience with captive insurance companies
• Effective leadership and team management abilities
• Commitment to Citi’s leadership principles and culture that drives client excellence, controls excellence and operational excellence

Qualifications:

• Minimum 15+ years relevant experience; managerial experience

Education:

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

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

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.

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.