Head of Captive Insurance Banking

Huntington National Bank•Columbus, OH

3d•Onsite

About The Position

The Head of 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.

Requirements

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

Nice To Haves

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.

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.