Insurance and Risk Management Director jobs in South Dakota

Insurance and Risk Management Director directs the development and optimization of an organization's overall insurance program to manage and minimize risk and costs. Defines strategic objectives and policies to ensure effective insurance coverage for the organization and to develop risk financing budgeting. Being an Insurance and Risk Management Director implements processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiate policy pricing and terms with vendors. Additionally, Insurance and Risk Management Director requires a bachelor's degree. Typically reports to senior management. The Insurance and Risk Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Insurance and Risk Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Financial Risk Management Intern
  • Bancorp Bank, The
  • Sioux Falls, SD INTERN
  • Overview

    For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. As a result, we have become an industry-leading provider of reliable technology-forward solutions that move our partners’ businesses into the future. At The Bancorp, we Define Fintech Partnerships. The Bancorp does more than just enable our clients’ product innovations, we create lasting partnerships with a future-focused approach to technology and services. Today and every day, we work to continually transform the payments landscape.

     

    The Financial Risk Management Intern will work within the Credit Risk department for the Fintech Solutions division. As a Financial Risk Management intern, you will work alongside the department’s Sr. Underwriting and Portfolio Analysts in analyzing the financial condition and risks related to Fintech Solutions partners. This role will focus on assisting department staff in completing new partner reviews of a wide range of company types, including early-stage venture-funded private companies as well as large, well-known public companies in the Fintech sector. Applicants can expect to gain invaluable experience and learn the nuances of the growing Fintech industry and the unique risks that are present within the companies that The Bancorp partners with. With an industry-leading new facility, collaborative environment and exciting projects, The Bancorp Fintech Solutions division has a great experience to offer.

    Responsibilities

    Essential Functions

  • Reviews financial reports and assists in writing financial risk reviews for enterprise client relationships.
  • Evaluates client processing models and characteristics to calculate risk associated with diverse product types.
  • Reviews large datasets to ensure the acceptability of Sponsored Entities and their processing activities.
  • Reviews Merchant Card Processing and ACH Origination Applications for completeness and consistency with the underwriting guidelines.
  • Tracks and follows up on missing or incomplete financial statements to ensure prompt client responses.
  • Conducts research and provides analysis on new customer due diligence and know your customer activities.
  • Gains understanding of how third-party business models work for underwriting activities. Participates in credit report review, less complex financial statement analyses and due diligence checks on clients.
  • Gains understanding, calculates, interprets, and applies basic financial and business ratios to the evaluation of credit risk.
  • Conducts all underwriting and review activities in accordance with the company’s policies, standards, and operating procedures.Compiles reports in Excel or Word to quantify the results.
  • Performs other duties as assigned.
  • Qualifications

    Preferred Requirements

    • Excellent verbal, written, and interpersonal communication skills with the ability to effectively and clearly communicate and present ideas to senior leadership.
    • A team player, able to work effectively in a team fostered, multi-tasking environment. Ability to prioritize and organize work.
    • Strong analytical and problem-solving skills.
    • Strong working knowledge of Excel. Proficient in Microsoft Office suite (Excel, Word, Outlook).

    Program Eligibility

    • Eligible to work for any employer in the United States for the full duration of the internship. The Bancorp will not assist in applying for visas or altering the visa status of applications.
    • Enrolled full-time in an undergraduate college degree program at the rising junior level, junior or senior level standing, enrolled in a master’s program or recently graduated within the past six months.
    • Students must have a cumulative GPA of 3.0, this will be confirmed by the recruiter.
    • Pursuing a bachelor’s or master’s degree directly related to the department for which the internship program is listed.
    • Must be available for full-time internship.
    • May not be related to any employee of The Bancorp.

    Background & EEO Statement

    Working at The Bancorp Bank, N.A. and Benefits Information: click here

    Diversity & Background Screening

    Diversity & Inclusion at The Bancorp Bank: click here

     

    The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

     

    Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

  • 2 Months Ago

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Administrative Coordinator - Quality Risk Management
  • Avera
  • Sioux Falls, SD FULL_TIME
  • Join the team at Avera! Award Winning Health Care: Avera has been named among the nation’s 15 Top Health Systems, Forbes list of America’s Best-in-State Employers and Level 10 Most Wired Health Care O...
  • 6 Days Ago

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Director of Digital Product Management
  • Arrow Electronics
  • Dakota, SD FULL_TIME
  • Description Arrow Electronics is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow Electronic...
  • 1 Day Ago

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Director - Community Care Management
  • U.S. GOT PEOPLE
  • Rosebud, SD FULL_TIME
  • U.S. Got People is searching for a Emergency Department Director to work as a contractor at the Rosebud IHS Hospital, SD At USGP, we are invested in the growth and support of the veterans, and their f...
  • 4 Days Ago

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Director, Change Management
  • Cox Automotive
  • UNKNOWN, SD FULL_TIME
  • Director, Change Management As the Change Management Director, reporting to the Senior Director of Business Process Design & Improvement or Contact Center Operations and Center of Excellence, you will...
  • 6 Days Ago

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Director of Nursing
  • Native American Health Management
  • White, SD FULL_TIME
  • Company DescriptionNative American Health Management was founded to help set up and manage Native American nursing homes and to also provide consulting assistance to Native American Tribes. Our team h...
  • 13 Days Ago

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Director of Risk Management
  • Talent Recruiting Partners
  • Birmingham, AL
  • Talent Recruiting Partners is thrilled to collaborate with our Birmingham-based client in their search for a highly qual...
  • 3/28/2024 12:00:00 AM

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Director of Risk Management
  • Atlantic Group
  • Boston, MA
  • A distinguished hospital in Boston is seeking a Director of Risk Management to add to their team. The Director of Risk M...
  • 3/27/2024 12:00:00 AM

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Director of Risk Management
  • Sparrow Company, LLC
  • El Paso, TX
  • Job Summary: The Director of Risk Management is responsible for managing the planning, execution, and oversight of all a...
  • 3/27/2024 12:00:00 AM

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Nurse Risk Management Director
  • Clinical Management Consultants
  • Snowflake, AZ
  • A local community medical center is searching for a motivated Nurse Director of Risk Management who has experience worki...
  • 3/26/2024 12:00:00 AM

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Director of Risk Management
  • UHS
  • Greer, SC
  • Responsibilities The Carolina Center for Behavioral Health is currently looking for a Director of Risk Management. Who W...
  • 3/26/2024 12:00:00 AM

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Director, International Risk Management
  • Capital One
  • Newark, NJ
  • West Creek 4 (12074), United States of America, Richmond, Virginia Director, International Risk Management Capital One i...
  • 3/26/2024 12:00:00 AM

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Director, International Risk Management
  • Capital One
  • New York, NY
  • West Creek 4 (12074), United States of America, Richmond, Virginia Director, International Risk Management Capital One i...
  • 3/25/2024 12:00:00 AM

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Director, Market Risk Management
  • BlackRock
  • New York, NY
  • **About this role** **Title: Fixed Income** **Credit Risk Manager, Director** **Job Description** **Business Overview** ...
  • 3/24/2024 12:00:00 AM

South Dakota (/- dəˈkoʊtə/ (listen)) is a U.S. state in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux Native American tribes, who compose a large portion of the population and historically dominated the territory. South Dakota is the seventeenth largest by area, but the fifth smallest by population and the 5th least densely populated of the 50 United States. As the southern part of the former Dakota Territory, South Dakota became a state on November 2, 1889, simultaneously with North Dakota. Pierre is the state capital and Sioux Falls, with a populat...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Insurance and Risk Management Director jobs
$149,536 to $211,708

Insurance and Risk Management Director in Bismarck, ND
Risk Management administers University risk programs and services in the following areas.
January 02, 2020
Insurance and Risk Management Director in Rock Island, IL
As Risk Management Monitor noted, there are a lot of obvious risks for any new enterprise and business owners may be savvy enough to mitigate them.
February 05, 2020
Insurance and Risk Management Director in Lake Charles, LA
Risk Management uses a combination of commercial insurance, self-insurance, risk avoidance, risk transfers and effective claim management.
February 18, 2020