Truist Financial

Policy Specialist

Truist Financial$120K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree required; JD preferred
  • 2-4 years of related experience
  • Ability to read and analyze complicated policy language
  • Legal/contract interpretation knowledge a plus
  • Strong analytical and communication skills

Responsibilities

  • Draft policy contracts based on corporate standards and client clauses
  • Update standard policy templates
  • Assist with negotiations of policies
  • Provide tailored wording for specific client needs
  • Organize resources and maintain procedures for policies
  • Participate in Counsel Team projects
  • Collaborate with colleagues in Counsel, Underwriting, and Claims teams

Benefits

  • Hybrid work schedule with 2-3 days in the office
  • Collaboration within a dynamic team environment
  • Opportunity for professional development and specialized knowledge growth
Full Job Description

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

Policy Specialist

New York, NY

About the Job:

Euclid Transactional (“ET”) has an exciting opportunity to join our dynamic counsel team. As part of our collaborative counsel team, you will play a key role in drafting insurance policies.

Essential Functions:

  • Draft representations and warranties policy contracts based on corporate standard wordings, client clauses, and agreed terms.
  • Update standard policy templates.
  • Assists with policy negotiations.
  • Provide suggested policy form wording to address specific client needs.
  • Organize policy resources and maintain policy procedures.
  • Participate in Counsel Team projects.
  • Keep current on representation and warranties policy wording.
  • Develop specialized knowledge of policy provisions/mechanics.
  • Collaborate with Counsel, Underwriter and Claims team colleagues to maintain and improve quality of the policies.
  • Set challenging goals and work to meet them.
  • Effectively manage time.

Education Requirements:

  • Bachelor’s degree required.
  • JD preferred or 2+ years of contract/document interpretation experience.

Desired Qualifications, Skills, and Experience:

  • 2-4 years of related experience
  • Ability to read and analyze complicated language in policies
  • Legal/contract interpretation background and knowledge a plus
  • Excellent analytical and communication skills
  • Ability to work independently and collaborate with colleagues within and across departments
  • Excellent Word skills; proficient in technology
  • Ability to be flexible and adjust to changing factors, conditions, or situations
  • Self-motivated, eager to learn and geared towards internal client service
  • Strong interpersonal and communication skills with a collaborative and team-focused approach
  • Excellent time management, organization, attention to detail, and task prioritization skills

Work Schedule/Location: Hybrid, 2-3 days per week in office.

Full-time based in our NY office.

Note: This job description is not intended to be all-inclusive. Team members may perform other related duties to meet the ongoing needs of the organization.

The annual base salary for this position is $($120,000 - $180,000)

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

SEARCH TRUIST FINANCIAL JOBS

READ CAREERS BLOG

Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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