Annuities Director (New Business) jobs in Utah
Annuities Director (New Business) directs the development of new accounts and business relationships through sales, marketing, and referrals. Reviews applications and contracts and ensures that all transactions comply with state and federal regulations. Being an Annuities Director (New Business) stays abreast of any changes to laws and regulations which affect the activities of the business. Responsible for staffing and training of unit and ensures staff has full knowledge of all current regulations and provides prompt and efficient service to customers. Additionally, Annuities Director (New Business) requires a bachelor's degree. Typically reports to top management. The Annuities Director (New Business) 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. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be an Annuities Director (New Business) typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Recently Added Annuities Director (New Business) jobs
Director-Risk Management
- myGwork - LGBTQ+ Business Community
-
Sandy, UT
FULL_TIME
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This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ business community.
You Lead the Way. We’ve Got Your Back.
With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.
At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.
Join Team Amex and let’s lead the way together.
How we serve our customers is constantly evolving and is a challenge we gladly accept. Whether you’re finding new ways to prevent identity fraud or enabling customers to start a new business, you can work with one of the most valuable data sets in the world to identify insights and actions that can have a meaningful impact on our customers and our business. And, with opportunities to learn from leaders who have defined the course of our industry, you can grow your career and define your own path. Find your place in risk and analytics on #TeamAmex.
How will you make an impact in this role?
Commercial Rating and Underwriting (CRU) sits within the Credit and Fraud Risk Management (CFR) division and supports the institutional credit risk management function within American Express. The CRU team plays the critical role of assessing and managing the risk of large institutional exposures across all business units within American Express, and in all regions globally. Credit exposures are primarily generated through corporate and small business charge card programs, and via merchant relationships where non-delivery risk exists. This team focuses on Amex’s largest credit exposures, whereas smaller commercial and consumer credit risks are generally measured by machine learnings models. CRU is led from Salt Lake City with regional teams in New York, London, Singapore, Sydney, Bangalore and Gurgaon.
Directors in Commercial Rating & Underwriting are responsible for overseeing managers who rate and underwriting credit exposures in their assigned region, industry, and business line. Fundamental analysis incorporates a thorough review of business, financial, industry and country risk coupled with support from internal and external rating model outputs. Assessment includes understanding of the need for credit extension, profitability of the relationship and program structures. CRU directors interact with various constituents across the firm including front office sales, business unit risk partners, and credit administration to perform their critical role.
Minimum Qualifications- Minimum 7 years experience rating and / or underwriting
- Bachelor’s degree (or substantial coursework) in finance, accounting, economics, or statistics
- Expertise as a credit and underwriting decision maker dealing with commercial exposures ranging from small business or middle-market to large, multinational institutions
- Thorough understanding of fundamental financial analysis including the ability to review corporate financial statements to determine the ability of the obligor to honor its credit obligations
- Comfort with GAAP/IFRS accounting standards, corporate valuation, and forecasting
- Knowledge of how probability of default and loss given default determine economic capital
- Experience in determining appropriate credit capacity, structuring of facilities, and risk mitigation techniques
- Familiarity with quantitative credit models (such as Moody’s RiskCalc) and knowledge of how to interpret the outputs, and when deviation from the model has appropriate defense
- Comfort with public agency ratings and supporting analysis
- Understanding of current macroeconomic trends and how to provide recommendations to improve the PD estimation based on the business cycle
- Experience preparing company-specific and industry-wide credit memorandums
- Excellent judgment in making sound rating and underwriting decisions to maximize profitability and mitigate risk
- Familiarity with banking regulations, particularly those imposed by Basel Committee on Banking Supervision
- Track record of collaborating and building relationships across organization
- Ability to lead large scale, time sensitive, enterprise-wide projects through to successful completion
- Proven ability to influence others to achieve complex objectives against tight deadlines
- Experience managing, training, and mentoring others
- Graduate degree with a finance or business emphasis, or Chartered Financial Analyst (CFA) designation, is preferred
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors.
Benefits
We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:- Competitive base salaries
- Bonus incentives
- 6% Company Match on retirement savings plan
- Free financial coaching and financial well-being support
- Comprehensive medical, dental, vision, life insurance, and disability benefits
- Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
- 20 weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
- Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
- Free and confidential counseling support through our Healthy Minds program
- Career development and training opportunities
At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.
We back our colleagues with the support they need to thrive, professionally and personally. That's why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.
US Job Seekers/Employees - Click here to view the “Know Your Rights” poster and the Pay Transparency Policy Statement.
If the links do not work, please copy and paste the following URLs in a new browser window: https://www.dol.gov/agencies/ofccp/posters to access the three posters.
Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions. - 12 Days Ago
Account Lead, New Business
- Top Hat
-
Salt Lake, UT
FULL_TIME
- As an Account Lead at Top Hat, you will manage and grow the revenue in some of Top Hat’s most strategic and substantial accounts. We are looking for a proven sales executive with great energy, leaders...
- 6 Days Ago
New Business Specialist
- SILAC Insurance Company
-
Salt Lake, UT
FULL_TIME
- Headquartered in Salt Lake City, Utah, SILAC Insurance Company is one of the fastest-growing insurance companies in the nation and continues to be a top contender in the industry. SILAC offers industr...
- Just Posted
New Business Developer - Intermountain
- Sysco
-
West Jordan, UT
FULL_TIME
- Company: US0005 Sysco Intermountain (Division of USA I)Zip Code:84081Minimum Level of Education:High School or EquivalentMinimum Years of Experience:2 YearsEmployment Type:Full TimeTravel Percentage: ...
- 2 Days Ago
New Business Coordinator/Operations
- B.O.S.S. Retirement Solutions
-
Lehi, UT
FULL_TIME
- New Business CoordinatorJob DescriptionThe New Business Coordinator plays an integral role in our Operations Department providing high-level customer service ensuring the accuracy of client applicatio...
- 20 Days Ago
New Business Development/Sales Manager
- Summit Events DMC
-
George, UT
FULL_TIME
- New Business Development / Sales Manager: Job Description Summit Events is a full-service Destination Management Company (DMC) based in Park City, UT and we’re expanding our operations into St. George...
- 11 Days Ago
Annuities Director (New Business) jobs at Popular Companies
Business Director
- Oral Surgery and Dental Implant Specialists of Cincinnati
-
Cincinnati, OH
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- 6/12/2024 12:00:00 AM
Business Director
- Sagora
-
Vero Beach, FL
- The Business Director is responsible for all accounting, human resources, and business office activity (accounts receiva...
- 6/11/2024 12:00:00 AM
Director Business Development
- Ryder System
-
Miami, FL
- Job Seekers can review the Job Applicant Privacy Policy by clicking HERE. (https://ryder.com/job-applicant-privacy-polic...
- 6/11/2024 12:00:00 AM
Business Director
- Extend Information Systems Inc.
-
Santa Clara, CA
- Hi, I hope you are doing well! We have an opportunity for Practice Business Director with one of our clients for Santa C...
- 6/10/2024 12:00:00 AM
Director Business Development
- WuXi AppTec
-
San Diego, CA
- Execute Business Development plans in close coordination with Research Chemistry Service (RCS) leadership leading to ide...
- 6/10/2024 12:00:00 AM
Business Director
- Sagora
-
Amarillo, TX
- The Business Director is responsible for all accounting, human resources, and business office activity (accounts receiva...
- 6/9/2024 12:00:00 AM
Director, Business Development
- WuXi AppTec
-
- The Director, Business Development -US East will expand Biology Division business in US as part of the broader Business ...
- 6/9/2024 12:00:00 AM
Business Director
- Assured Information Security, Inc
-
Catonsville, MD
- Assured Information Security (AIS) is looking for a proven leader to join our team as Business Director! In this role, y...
- 6/8/2024 12:00:00 AM
About Utah
Utah is known for its natural diversity and is home to features ranging from arid deserts with sand dunes to thriving pine forests in mountain valleys. It is a rugged and geographically diverse state that is at the convergence of three distinct geological regions: the Rocky Mountains, the Great Basin, and the Colorado Plateau.
Utah is one of the Four Corners states, and is bordered by Idaho in the north, Wyoming in the north and east; by Colorado in the east; at a single point by New Mexico to the southeast; by Arizona in the south; and by Nevada in the west. It covers an area of 84,899 sq mi ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Annuities Director (New Business) jobs
$110,873 to $150,132
Most Popular Cities in Utah for Annuities Director (New Business) Jobs
What does an Annuities Director (New Business) do?
Annuities Director (New Business) in Mesa, AZ
Supervises a team of annuities representatives, responsible for catering to the unique needs of applicants.
January 02, 2020
Annuities Director (New Business) in Charlotte, NC
Applying as an annuities director in a new business is a great opportunity for attaining a higher position.
February 18, 2020
Annuities Director (New Business) in Paramus, NJ
To be hired as an annuities director, an individual must possess skills that are superior in handling complex tasks under pressure.
December 20, 2019