Insurance Specialist

INSURANCE SPECIALIST WHAT IS THE OPPORTUNITY?The Insurance Specialist will be responsible for managing and coordinating all insurance-related functions for the bank's commercial clients. This role involves evaluating insurance requirements, ensuring compliance with regulations and bank policies, and supporting clients in obtaining appropriate coverage for their financial lending activities.WHAT WILL YOU DO?

• Evaluate and verify insurance policies for commercial loan clients to ensure adequate coverage and compliance with bank requirements.
• Act as a liaison between the bank, clients, and insurance agencies to resolve coverage issues and obtain necessary documentation.
• Ensure all insurance documents meet regulatory, legal, and bank-specific compliance standards.
• Provide guidance to commercial banking clients regarding insurance needs related to loan agreements, including flood, property, liability, and business interruption insurance.
• Collaborate with Relationship Managers and Loan Officers to support client onboarding and ongoing portfolio reviews.
• Evaluate and verify insurance policies for commercial loan clients to ensure adequate coverage and compliance with bank requirements.
• Act as a liaison between the bank, clients, and insurance agencies to resolve coverage issues and obtain necessary documentation.
• Ensure all insurance documents meet regulatory, legal, and bank-specific compliance standards.
• Provide guidance to commercial banking clients regarding insurance needs related to loan agreements, including flood, property, liability, and business interruption insurance.

WHAT DO YOU NEED TO SUCCEED? Required Qualifications

Additional Qualifications

WHAT'S IN IT FOR YOU? Compensation Starting base salary : $34.55 - $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

Get a more detailed look at our Benefits and Perks.

ABOUT USSince day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.