M&T Bank is seeking an Operational Risk Specialist in Buffalo, NY, to provide administrative support for the bank's insurance program, focusing on insurance procurement, policy renewals, and invoice processing. The role requires a bachelor's degree and five years of experience in Financial Lines and Professional Lines insurance.
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Job Summary
The role provides operational and administrative support for the Bank's insurance program without performing risk management or underwriting functions.
Primary responsibilities include coordinating policy renewals, maintaining accurate records of contracts and endorsements, and processing insurance-related invoices.
Candidates must have a Bachelor's degree and five years of experience specifically in Financial Lines and Professional Lines insurance.
Matching Summary
Match Score: 85
M&T Bank is seeking an Operational Risk Specialist in Buffalo, NY, to provide administrative support for the bank's insurance program, focusing on insurance procurement, policy renewals, and invoice processing. The role requires a bachelor's degree and five years of experience in Financial Lines and Professional Lines insurance.
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Salary
Base: $71,600.00 - $119,300.00 Annual (USD); Bonus/Equity: Not specified; Benefits: Not specified
Skills & Requirements
Must-have
Bachelor's degree required
Five years insurance experience
Financial Lines and Professional Lines knowledge
Policy procurement and renewal cycles
Invoice processing and payment coordination
Nice-to-have
Strong organizational and tracking skills
Experience in corporate financial services environment
Process improvement capabilities
Microsoft 365 proficiency
Effective stakeholder coordination
Key Requirements
Bachelor's degree
Five years' experience in Financial Lines
Five years' experience in Professional Lines
Prior Account Manager or Executive experience
Understanding of insurance placement and renewal cycles