Insurance Director- Salt Lake City

Zions Bancorporation is one of the nations premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of The Most Powerful Women in Banking. Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a local business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

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. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are seeking an Insurance Director to join Zions Bancorporation. The Insurance Director leads the strategy, placement, and governance of the banks 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. This is a high-impact leadership opportunity for an experienced insurance professional to drive risk management excellence and operational resilience.

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:

• Bachelors degree required.
• 812+ 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.

Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake Citys central business district, providing hundreds of team members with an exceptional work environment and features such as:

• Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;
• An employee-only fitness center and bike storage;
• An employee lounge, kitchen, micro market, game tables, couches and TVs;
• Private mothers rooms and lockers; and
• Access to downtown shopping, dining, arts and entertainment.