Senior Insurance Analyst - Property & Casualty
Company: Bank of America
Location: Charlotte
Posted on: April 2, 2026
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Job Description:
Job Description: At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. We do this by driving Responsible Growth and
delivering for our clients, teammates, communities and shareholders
every day. Being a Great Place to Work is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Job Description: This job is responsible for managing the
company's exposure to insurance risk and/or claims management. Key
responsibilities include selecting and overseeing negotiations with
insurers and vendors, expense control and ensuring accuracy of
budgets and reserves. Job expectations include conducting exposure
evaluations, claims processing, insurance hedging, underwriting,
delivering trend analysis, and driving loss prevention initiatives
on behalf of stakeholders. Responsibilities: Identifies,
researches, analyzes, structures, and negotiates insurance hedges
via underwriting Investigates, litigates, subrogates, and
negotiates insurance settlements via claims processing Identifies,
analyzes, structures, and negotiates surety bonds Consolidates,
reviews and maintains policy documentation, monitors insurer credit
quality and loss developments Develops and delivers executive and
management level reporting and presentations Leverages underwriting
and claims knowledge to provide advice on strategic solutions for
exposure hedging Required Qualifications: Demonstrated analytical
skills, intellectual curiosity Resourceful, able to research
information – a problem solver Excellent communication, teamwork
and business partnering skills Intermediate to advanced experience
with Microsoft suite Proven writing skills to all different
audience levels Desired Qualifications: 1-2 years of Insurance
industry experience preferred but not required BS/BA degree
(Insurance & Risk Management and / or Finance preferred) or related
work experience Minimum Education Requirement: High School Diploma
/ GED / Secondary School or equivalent Skills: Claims Management
External Resource Management Risk Analytics Vendor Management
Analytical Thinking Financial Analysis Interpret Relevant Laws,
Rules, and Regulations Reporting Underwriting Collaboration
Financial Forecasting and Modeling Policies, Procedures, and
Guidelines Problem Solving Record Keeping Shift: 1st shift (United
States of America) Hours Per Week: 40
Keywords: Bank of America, Spartanburg , Senior Insurance Analyst - Property & Casualty, Accounting, Auditing , Charlotte, South Carolina
