Barclays

Finance

ICBACoverageInsurance,Analyst

$75–75k New York, New York, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“ICBA Coverage Insurance, Analyst at Barclays. Skills: Insurance coverage analysis, Client relationship management, Risk assessment, Financial analysis. Establish and nurture profitable partnerships with both corporate and individual clients. Management of client relationships to identify the clients financial goals, challenges, and risk tolerance”

What You'll Achieve.

Establish and nurture profitable partnerships; Ensure mutual benefit and long-term success; Support client needs; Inform strategic recommendations; Address the client's specific needs and objectives; Negotiate terms that are beneficial for both the client and the bank; Ensure a positive and continuous relationship; Minimise potential losses; Ensure transparency and auditability; Support product development, service offerings, and the overall bank strategy; Evaluate the effectiveness of relationship management efforts; Consistently driving continuous improvement; Deliver to a consistently excellent standard; Create an environment for colleagues to thrive and deliver to a consistently excellent standard; Strengthen controls in relation to the work you own or contribute to; Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct; Achieve the objectives of the organisation sub-function

Industry & Context.

Finance
Problems you'll solve

Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents; Make evaluative judgements based on the analysis of factual information, paying attention to detail

What They're Looking For.

Must Have

Experience with Corporate Financing, Experience with Financial Modelling, Experience with Interpreting multi-layered insurance contracts and regulatory requirements

Nice to Have

Insurance Experience, Series SEI, 63, 79, Detail oriented with ample assessing and documentation skills

What You'll Do.

Establish and nurture profitable partnerships with both corporate and individual clients

Management of client relationships to identify the clients financial goals

Analysis of data obtained from various sources

including the investment portfolio and cash flow

areas for improvement and additional services to support client needs

Research and understanding of the client's industry trends

and competitive environment to inform strategic recommendations

Design of customised solutions that address the client's specific needs and objectives

incorporating a range of products and services from the bank's portfolio

Communication of the value proposition of proposed solutions

justification of recommendations

and negotiation of terms that are beneficial for both the client and the bank

Provision of guidance to clients to support their financial decisions

offering expert investment advice

risk management and wealth management strategies support

and updates on market trends to ensure a positive and continuous relationship

Assessment of financial

and operational risks associated with client relationships

and implementation of measures to minimise potential losses

Documentation of all client interactions

and agreements to ensure transparency and auditability

Communicate findings effectively to support product development

and the overall bank strategy

Monitoring of client satisfaction

and other relevant metrics to evaluate the effectiveness of relationship management efforts

and support insurance coverage solutions for community bank clients

Ensure that insurance programs align with regulatory requirements

risk management needs

and ICBA best practices

Work closely with producers

and bank stakeholders to evaluate coverage

and provide technical insurance support

Review and analyze insurance policies including commercial lines

professional liability

bank package policies

and related coverages

Assess coverage adequacy and identify gaps

or exposures for community bank clients

Evaluate policy terms

and limits to ensure alignment with ICBA standards and regulatory expectations

How You'll Work.

Team & Collaboration

Partner with other functions and business areas; Act as contact point for stakeholders outside of the immediate function; Building a network of contacts outside team and external to the organisation

Communication Scope

Communication of the value proposition of proposed solutions; Justification of recommendations; Communicate complex / sensitive information

Full Job Description

# **Job Description** **Purpose of the role** To establish and nurture profitable partnerships with both corporate and individual clients. It's the bridge between the bank's offerings and clients' needs, ensuring mutual benefit and long-term success. **Accountabilities** * Management of client relationships to identify the clients financial goals, challenges, and risk tolerance to support the analysis of data obtained from various sources, including the investment portfolio and cash flow, to identify trends, insights, areas for improvement and additional services to support client needs. * Research and understanding of the client's industry trends, regulatory landscape, and competitive environment to inform strategic recommendations. * Design of customised solutions that address the client's specific needs and objectives, incorporating a range of products and services from the bank's portfolio. * Communication of the value proposition of proposed solutions, justification of recommendations, and negotiation of terms that are beneficial for both the client and the bank. * Provision of guidance to clients to support their financial decisions, offering expert investment advice, risk management and wealth management strategies support, and updates on market trends to ensure a positive and continuous relationship. * Assessment of financial, legal, and operational risks associated with client relationships, and implementation of measures to minimise potential losses. * Documentation of all client interactions, transactions, and agreements to ensure transparency and auditability, and communicate findings effectively to support product development, service offerings, and the overall bank strategy. * Monitoring of client satisfaction, revenue generated, and other relevant metrics to evaluate the effectiveness of relationship management efforts. **Analyst Expectations** * To perform prescribed activities in a timely manner and to a high standard consistently driving continuous

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