Associate, Insurance Group Operations

Duties and Responsibilities

Associate, Insurance Group Operations

Overview

At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here. 

Incredible teams doing exceptional work, every day

First Republic Private Wealth Management is comprised of investment management, brokerage, trust, financial planning and insurance professionals within First Republic Investment Management (FRIM), First Republic Securities Company (FRSC), First Republic Trust Company (FRTC), and Foreign Exchange. We offer customized wealth management solutions for our clients from a wide array of services including comprehensive investment management, financial planning, estate planning, trust services, endowment management and more. Our goal is to understand our clients’ unique needs and support them throughout a lifetime of financial goals.

Duties and Responsibilities

First Republic Bank Insurance Group Operations is looking to expand our administrative team. This position would be part of a highly collaborative team that supports a platform of regional risk management and insurance teams in key geographies. This is a new role where the growth and evolution can be shaped by a successful applicant.

What you will do as an Associate, Insurance Group Operations:

• Administrative support of day-to-day sales and service for life insurance business line
• Assist with insurance commission/revenue reconciliation and reporting
• Smart Office data maintenance and reporting
• Provide policy owner service/support as required by Insurance group
• Address service related internal and external communications
• General office work –mail sorting, scanning, filing
• Perform duties & responsibilities specific to department functions & activities
• Performs other duties & responsibilities as required or assigned by supervisor
• Support overall operations and compliance of the insurance business line
• Adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Anti- Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act)

Qualifications

You could be a great fit if you have:

• BS/ BA degree preferred (Economics, Business Administration, Finance, Accounting) possible exception for equivalent experience
• Knowledge of life insurance either from a sales or administration perspective is a plus
• Knowledge or prior use of Ebix Smart Office as an agency management tool a plus
• Strong interpersonal skills to interface with colleagues, and providers
• Strong organizational, communication (verbal and written), and client relationship management skills - interactions in person, over the telephone or via email
• Ability to work independently under minimal supervision
• Proven ability to handle pressure, multi-tasking, and prioritizing work at all Managing various projects to completion.
• Outstanding skills using personal computers in a Windows-based environment (including Microsoft Office Suite)
• Excellent attention to detail and high degree of accuracy and consistency
• Resident Insurance License must be obtained within first six months; Series 6 and 63 licenses optional.
• Knowledge or experience in ‘Contracts and Appointment’ for life insurance sales

Job Demands:

• Must be able to review and analyze data reports and manuals; must be computer proficient.
• Must be able to communicate effectively via telephone and in person**.**

Own your work and your career — apply now

Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career?  If so, then come join us.

We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

We believe that a diverse range of backgrounds and ideas has and will continue to be fundamental to the future success of First Republic.

If you are curious to learn more about this opportunity, we'd love to hear from you.

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization. The Company is an equal opportunity employer. In this regard, the Company makes reasonable accommodations for qualified applicants and employees with disabilities in order to enable them to perform all essential job functions, unless doing so creates an undue hardship.

First Republic is subject to federal laws that restrict the employment of individuals with certain types of criminal histories, including FDIA Section 19 and FINRA. To the extent not inconsistent with our obligations under those federal laws and regulations, First Republic will consider qualified candidates with criminal histories in a manner consistent with the Los Angeles and San Francisco ban-the-box laws.

Base salary range

$33.65 - $43.27 per hour

Salary may vary depending on job-related factors including, but not limited to, skills and experience. Full-time employees may be eligible for a comprehensive benefits package that includes: medical, dental and vision coverage, 401(k), life insurance, paid time off and a Wellness Program.  Annual bonus, incentive pay and/or equity may also apply depending upon the role.