Senior Risk Advisory Consultant

Fifth Third Bank • Tampa, FL

2d • $121,900 - $262,100 • Onsite

About The Position

The Senior Risk Advisory Consultant is a senior individual contributor who delivers advanced insurance and risk-management advice as part of the holistic wealth planning process. Aligned to designated regions, the role partners closely with Wealth Advisors and Wealth Strategists to identify client risks, evaluate existing coverage, design appropriate strategies and coordinate implementation. The Senior Consultant serves as a subject-matter expert for complex high-net-worth and ultra-high-net-worth client needs, leads client and advisor discussions, and helps strengthen consistent Risk Advisory practices across SCAS.

Requirements

• Bachelor’s degree or equivalent combination of education and experience.
• Appropriate state insurance licenses for Life, Health and Long-Term Care, as required under Fifth Third licensing guidelines.
• Eight or more years of insurance planning, advanced case design, wealth planning or related financial-services experience.
• Demonstrated experience advising high-net-worth clients and collaborating with relationship managers, planners or external professional advisors.
• Assessing life, disability, long-term care and annuity needs and evaluating existing and proposed solutions.
• Applying insurance concepts within estate, tax, liquidity, business-owner and wealth-transfer planning.
• Leading discovery and recommendation discussions and presenting complex concepts clearly.
• Managing sophisticated cases from assessment through underwriting, implementation and delivery.
• Working effectively across a multidisciplinary team and exercising sound judgment in ambiguous client situations.

Nice To Haves

• CLU, ChFC, CFP or progress toward a comparable advanced designation.
• Approaching insurance as one element of a client’s overall plan and prioritizing documented client needs and outcomes.
• Helping Wealth Advisors and Wealth Strategists identify needs and confidently position Risk Advisory.
• Building productive partnerships across multiple markets while managing competing case priorities.
• Reviewing work, sharing expertise and supporting development of junior team members.

Responsibilities

• Lead structured risk assessments for new and existing wealth strategies, identify protection and liquidity gaps, and document findings and recommended next steps.
• Develop insurance strategies that complement estate planning, wealth transfer, business succession, executive benefits, charitable objectives and broader client financial goals.
• Explain complex insurance concepts, tradeoffs and implementation considerations to clients and their external advisors in a clear, balanced and understandable manner.
• Work alongside Wealth Advisors, Wealth Strategists, fiduciary professionals and other SCAS specialists from discovery through recommendation and implementation.
• Lead complex cases, including data gathering, financial and policy analysis, illustration review, carrier engagement, underwriting coordination, application strategy and policy delivery.
• Evaluate existing life, disability, long-term care and annuity arrangements for alignment with current objectives, ownership structures, funding assumptions and service needs.
• Develop proactive relationships across assigned regions, participate in opportunity and planning discussions, and help advisors identify situations requiring Risk Advisory involvement.
• Maintain complete documentation, follow applicable policies and procedures, elevate exceptions and concerns, and support appropriate review of recommendations and transactions.
• Contribute to assessment questions, planning standards, advisor education, templates and process improvements that scale the Risk Advisory model.
• Provide technical guidance and case support to the Risk Advisory Associate and less-experienced partners while escalating the most complex matters to the Director.
• Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team's and the company's mission.

Benefits

• Comprehensive benefits and differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree