CRO: Insurance & Banking Growth Leader

First Mid Bank & Trust

Rockford (IL)

On-site

USD 170,000 - 230,000

Full time

5 days ago
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Benefits offered by this job

Competitive health, dental & vision
401(k) with employer match + ESPP
Generous PTO & holidays
Tuition reimbursement & bonuses

Job summary

First Mid Bancshares, Inc. in Rockford, IL seeks a Chief Revenue Officer for the Insurance group to drive organic revenue growth and align banking and insurance services.

This senior role leads revenue-generating functions including sales, bank channel partnerships, and client retention. You will integrate cross-sell strategies, build strong partnerships with banking and wealth teams, and oversee talent acquisition across lines such as commercial property & casualty, personal lines, employee

Qualifications

  • Bachelor's degree in Business, Finance, or related field; MBA preferred.
  • 10+ years of leadership experience in insurance, banking, or financial services.
  • Proven success driving revenue growth in a relationship-based, referral-driven model.

Responsibilities

  • Develop and execute a revenue growth strategy aligned with the insurance agency and parent bank.
  • Directly manage and develop insurance team members, implementing sales processes for success.
  • Identify opportunities to expand insurance offerings within the bank's customer base.
  • Partner with executive leadership to drive integrated financial services solutions.
  • Build strong partnerships with retail, commercial banking, and wealth management teams to drive referrals.
  • Design and implement cross-sell strategies that embed insurance into the customer lifecycle.
  • Lead agency sales and sales talent acquisition across lines (P&C, benefits, life).
  • Oversee producer performance, pipeline management, and sales effectiveness.
  • Ensure compliant revenue-generating activities across banking and insurance regulations.

Skills

Insurance products expertise
Cross-functional partnerships
People leadership
Strategic thinking
Integrity & customer focus

Education

Bachelor's degree in Business/Finance (MBA preferred)

Job description

First Mid Bancshares, Inc. in Rockford, IL seeks a Chief Revenue Officer for the Insurance group to drive organic revenue growth and align banking and insurance services.

This senior role leads revenue-generating functions including sales, bank channel partnerships, and client retention. You will integrate cross-sell strategies, build strong partnerships with banking and wealth teams, and oversee talent acquisition across lines such as commercial property & casualty, personal lines, employee

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