Associate, Insurance Group - Hybrid

First Republic, California, US

Work at First Republic


OverviewAt 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 dayFirst 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 ResponsibilitiesWhat you'll do as an Associate, Insurance Group:Manage outside relationships, including Brokerage General Agencies, Insurance Carriers, and other vendors. Manage and underwrite insurance cases, including gathering and assembling the medical and financial file.Based on many years of industry experience, review medical files to determine any health issues that may arise in the underwriting process. Negotiate with medical underwriters.Communicate to internal colleagues and external parties as to the timeline and status of cases.Manage all application paperwork and delivery documents. Interface directly with both Sales Associates and In-Force Policy Service professionals. Advise Estate and Business Planner on overall case strategy and implementation.Manage business utilizing Smart Office agency management systemAdvise Estate and Business Planner on marketing strategies, as a result of communications with carriers and outside parties. Responsibilities include the following: 1) adhering to and complying with the applicable, federal and state laws, regulations and guidance, including those related to Anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.) 2) adhering to Bank policies and procedures, 3) completing required training, 4) identifying and reporting suspicious activity to the AML Officer, and 5) knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank. QualificationsYou could be a great fit if you have:Life, Accident & Health Insurance Licensed required or ability to obtain within 6 months of hire.Series 6 and 63 required or ability to obtain within 6 months of hire. Series 7 preferred. Requires a high level of communication, organizational and multi-tasking skills. Strong attention to detail.Excellent time management skills.The ideal candidate has worked in an insurance or financial services organization.Experience with SmartOffice agent fee management system is preferredProficient in Microsoft Outlook, Word, Excel and PowerPoint.Must be able to travel in a limited capacity.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 nowAre 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. For New York City-based roles: Mayor Bill de Blasio announced that, effective December 27, 2021, all private sector employers in New York City will be required to ensure that their employees are vaccinated against COVID-19 to attend work in the office. Reasonable Medical or Religious Accommodations may be requested if applicable to you. Please view New York's Guidance on Accommodations for Workers for more information.#LI-HYBRIDPDN-96f3e580-47ae-4dc9-bfc4-9646f1b19f40