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Insurance Director- Salt Lake City

Zions Bancorporation

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. You bring the talent; we bring the opportunity. We are seeking a Insurance Director to join Zions Bancorporation. The Insurance Director leads the strategy, placement, and governance of the bank’s insurance programs, ensuring optimal coverage and cost efficiency for a multi‑state, $89B‑asset super regional bank. This role partners with business and control functions to quantify insurable risk, negotiate market terms, and ensure claims resilience. The Insurance Director is instrumental in embedding insurance into new products, M&A due diligence, and major projects, while maintaining regulatory readiness and supporting business enablement. Responsibilities Lead annual insurance program strategy, placement, and renewals, including coverage design and broker management. Develop and implement risk financing approaches, including retention layers and potential captive utilization. Track and optimize total cost of risk (TCOR) and identify savings opportunities. Oversee claims governance, including notifications, recovery, and large loss reviews. Ensure compliance with regulatory requirements and internal insurance risk policies. Advise on contractual risk transfer and support M&A due diligence. Deliver education to senior leaders and the Board on insurance market trends. Other duties as assigned. Qualifications 8–12+ years in corporate insurance/risk management (financial services/banking preferred) or large brokerage/insurer account leadership. Deep knowledge of property & casualty, executive risk lines, cyber/E&O, lender‑placed programs, and crime/BBB. Experience with risk quantification, benchmarking, and scenario/limit adequacy analysis. Strong command of contractual risk transfer and vendor insurance requirements. ARM, CPCU, RIMS‑CRMP, or ACI preferred; JD or MBA a plus. Experience with RMIS/GRC tools and data visualization platforms is a plus. Excellent analytical, negotiation, and communication skills. Location & Benefits Located in downtown Salt Lake City, the Zions Bank Building serves as headquarters. Easy access to City Creek UTA TRAX station and electric vehicle charging stations. Employee‑only fitness center, bike storage, lounge, kitchen, micro market, game tables, couches and TVs. Private mothers’ rooms and lockers. Access to downtown shopping, dining, arts and entertainment. This position will be open until filled. All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional offer. Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law. It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran. #J-18808-Ljbffr

Vacancy posted 2 days ago
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