Make banking a Fifth Third better®

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION :

The Private Bank Insurance Specialist works within the region Private Bank and Private Bank Center provide comprehensive insurance solutions based on client needs and objectives.

Provides proper coverage for sales, service, and education within their coverage area.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.

Accountable for always doing the right thing for customers and colleagues to ensure that actions and behaviors drive a positive customer experience while operating within the Bank's risk appetite by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

• Responsible for assigned territories revenue goals.
• Design, implement and manage business plan supporting the assigned Territories which includes client level, sales processes, and result reporting.
• Consult with Life Insurance Sales Manager to implement business plan to support Territorial Revenue goals.
• Provide professional consulting / advisory services and solutions to clients through the development, delivery, and implementation of Risk Management planning (Life, Long Term Care, Disability).
• Develop proactive, reciprocal calling and referral relationships with regional managers and advisors to create planning strategies and opportunities client base
• Devote time prospecting to new and existing clients leveraging consultative selling process to focus on needs and objectives.
• Gather data for quotes and prepares quote request submissions; analyze marketing summary / order presentation spreadsheets and presents proposals;

complete application for new business submissions.

• Maintain existing book of business with a focus on deepening client relationships.
• Review, market, and deliver renewals as needed as well as process and review plan amendments.
• Keep current with carriers, products, and applicable legislation.
• Pursues professional studies and maintains a familiarity with trends in the industry and with new insurance products.
• Must be able to profile emerging wealth clients and then articulate complex concepts, in an understandable way and converse with clients and their advisors convincingly.
• Acts as backup for department team as necessary.
• Performs other duties as assigned.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :

• Appropriate state resident insurance licenses for Life, Health, and Long-Term Care certification.
• Bachelor’s degree preferred.
• 3 years insurance sales experience with Emerging Wealth clients (up to $5MM)
• Professional designation preferred, or in progress.

Private Bank Insurance Specialist

LOCATION Cincinnati, Ohio 45202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Are you ready to take the next step?

Fifth Third Bank, National Association is one of the top-performing banks in the country, with a history that spans more than 150 years.

We’ve staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike.

We employ about 18,000 people while offering :

• A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs.
• An environment where we win together by celebrating achievements and working collaboratively.
• An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives.We’re proud that Fifth Third is a warm and caring place to grow as a customer and as a team member.

Last updated : 2024-03-26