U.S. Bank

Senior Strategic Risk & Initiatives Specialist - Claims

U.S. Bank$119K — $140K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 10+ years in regulatory compliance
  • Experience leading complex, long-term initiatives
  • Practical application of AI and automation in business
  • Experience supporting audits and collaborating with auditors
  • Strong stakeholder management and cross-functional collaboration skills
  • Ability to translate business needs into actionable requirements

Responsibilities

  • Lead strategic initiatives for claims modernization and process improvements
  • Develop objectives, requirements, and implementation plans with stakeholders
  • Assess risks and support prioritization for decision-making
  • Facilitate compliance reviews and gather documentation for audits
  • Evaluate impacts of proposed solutions on claims operations and fraud prevention
  • Collaborate across various departments to implement initiatives successfully
  • Identify and recommend applications of AI and automation in claims processes

Benefits

  • Comprehensive healthcare coverage (medical, dental, vision)
  • Life insurance options
  • Short-term and long-term disability insurance
  • Pregnancy disability and parental leave
  • 401(k) with employer-funded retirement plan
  • Paid vacation between two to five weeks based on tenure
  • Up to 11 paid holidays
  • Adoption assistance
  • Accrual of Sick and Safe Leave up to 80 hours per year
Full Job Description
Job Description

This role supports Enterprise Fraud Claims and Disputes by independently leading complex, sensitive, and long-term strategic initiatives that improve processes, modernize platforms, strengthen operating methodologies, mitigate risk, and enhance customer and colleague experiences. The position partners with subject matter experts and leaders across the organization to define success measures, translate business needs into actionable requirements, assess risk, inform prioritization, and maintain alignment with business and regulatory expectations.

Primary areas of focus may include claims modernization, workflow solutions, AI-enabled capabilities, automation, platform transformation, operational readiness, model governance, policy implementation, and business process improvement. This role is designed for an experienced professional who can represent the business, navigate ambiguity, and bring strong claims, fraud, compliance, audit, risk, or transformation expertise to large-scale initiatives.

This role does not support any form of visa sponsorship and requires working from one of the posted U.S. Bank locations three (3) or more days per week.

Key Responsibilities:

  • Lead the highest-priority and longest-term strategic initiatives supporting claims modernization, platform transformation, policy changes, customer experience improvements, and other complex business priorities.


  • Develop initiative objectives, success measures, business requirements, recommendations, and implementation approaches in partnership with business and technical subject matter experts.


  • Assess business, operational, regulatory, and execution risks; identify dependencies and tradeoffs; and provide information that supports prioritization and decision-making.


  • Support compliance reviews and audits by partnering with auditors and control functions, gathering documentation and evidence, and representing business line processes, decisions, and interests.


  • Apply strong business acumen and risk awareness to evaluate how proposed solutions affect claims operations, fraud prevention, customer service, colleagues, and regulatory expectations.


  • Partner across Product Enablement, Technology, Claims Intake, Customer Service, Fraud Prevention, strategic leads, peers, and leadership stakeholders to move initiatives from concept through implementation.


  • Identify practical opportunities to apply AI, automation, business logic, modeling, and governance capabilities within claims and fraud initiatives.


  • Contribute fresh perspectives and recommendations related to modernization, re-platforming, workflow design, operating models, and future-state business processes.


Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically 10 or more years of experience in regulatory compliance activities

Preferred Skills/Experience
- Demonstrated experience independently leading large-scale, complex, or long-term strategic initiatives

- Practical experience applying AI, automation, business rules or logic, modeling, model governance, or related capabilities to business initiatives

- Experience supporting audits, partnering with auditors, gathering documentation and evidence, and representing business line interests
- Strong business acumen, risk awareness, stakeholder management, and cross-functional collaboration skills
- Experience translating business needs into requirements, recommendations, operating processes, or implementation plans

- Agile experience is helpful but not required

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from 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


Review our full benefits available by employment status here.

Posting may be closed earlier due to high volume of applicants.

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

U.S. Bank Careers

Join the dynamic team at U.S. Bank, one of the nation's top banking institutions, where your career journey is as promising as the services we provide to our customers. At U.S. Bank, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Explore Job Opportunities and Growth

At U.S. Bank, we offer a variety of job opportunities that cater to a range of skills and professional interests. Whether you are looking for a position in finance, technology, customer service, or management, U.S. Bank is hiring talented individuals who are eager to contribute to our mission and grow with us.

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Benefits and Employment Perks

Choosing a career at U.S. Bank means more than just employment. We offer comprehensive benefits designed to enhance your life and well-being. From health and wellness programs to retirement plans, we ensure our team members are supported both personally and professionally.

Our Commitment to Diversity and Inclusion

Diversity and inclusion are at the core of our values at U.S. Bank. We are dedicated to creating an environment where all employees feel valued and included. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone can thrive.

Leadership and Professional Development

Leadership at U.S. Bank is about more than guiding teams – it's about inspiring them. We invest in leadership training and professional development programs that help our employees become the best in their fields. By fostering a culture of learning and growth, we prepare our team members to take on new challenges and leadership roles.

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Networking at U.S. Bank goes hand in hand with innovation. Our employees are encouraged to connect with colleagues and industry leaders through various networking events and professional groups. This collaborative environment fuels innovation and allows us to stay ahead in a competitive industry.

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Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Net Income
$4.9 billion
5 Year Trend
+0.5%
NASDAQ

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