Insurance Finance Banker

Insurance Premium Finance Banker

The Insurance Premium Finance Banker is accountable for all aspects of Insurance Premium Finance (IPF) lending across Ascent, Private Wealth Management, and Wealth Management Community. Responsible for developing and managing relationships with high income/high net worth IPF clients. Supports standards for managing IPF portfolios in a manner that ensures compliance with banking regulations, policies, procedures, credit quality and credit policy requirements.

Shared responsibility for soliciting, developing, managing and retaining client relationship for Wealth Management.

• Responsible for retention, development and growth of affluent and/or high net worth IPF relationships.
• Coordinate, sync and interface with external Broker General Agents (BGAs) and internal partners for credit review, analysis, and approval.
• Provides financial advice and counsel, including alternative solutions, to IPF clients and prospective clients.
• Manages relationships with clients to ensure IPF financial needs are met and exceeded.
• Interface with internal and external partners, including clients, PWAs, PWCs, BGAs, at onset of lending discussion.
• Manage IPF opportunities from inception to closing as well as ongoing portfolio management and premium advances and loan renewals.
• Ensures credit worthiness of customers, maintaining proper risk ratings and client satisfaction.
• Analyze economic and industry market trends to identify potential business opportunities and high-risk situations.
• Analyze existing loans to ensure conformity with terms and detect unfavorable trends.
• Lead preflight discussions with the credit team.
• Negotiate terms through approval and closing.
• Monitor portfolio – credit+, reviews/renewals, premium payments.
• Actively ensure compliance with the U.S. Bank Code of Ethics and all anti‑money laundering, bank secrecy act, information security and suspicious activity reporting requirements, policies and procedures.
• Actively participate in required corporate and business line training in these areas.
• Follow account procedures and understand and follow internal suspicious activity referral requirements and processes, as required for this position.
• Actively work with customers to understand each customer’s normal account activity, as appropriate for this position.

• 7+ years of banking experience.
• Excellent working knowledge of IPF lending, including origination and portfolio management.
• Experience working with complex credits.
• Knowledge of unit(s) and relation to industry.
• Well‑developed verbal and written communication skills.
• Well‑developed analytical, decision‑making and problem‑solving skills.
• Considerable tact, diplomacy and people skills.
• Bachelor’s degree or equivalent work experience.
• Knowledge of U.S. Bank internal systems preferred.

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short‑term and long‑term disability
• Pregnancy and parental leave
• 401(k) and employer‑funded retirement plan
• Paid vacation (two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E‑Verify: U.S. Bank participates in the U.S. Department of Homeland Security E‑Verify program in all facilities located in the United States and certain U.S. territories.

Pay Range: $ - $.