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Advantage Life Insurance
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  • Human Resources Generalist  

    - 00918
    Job DescriptionJob DescriptionSalary: DOEJob OverviewThe Human Resourc... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview
    The Human Resources Generalist will provide day-to-day human resources operational support, including recruitment and onboarding/offboarding activities, while collaborating on initiatives that enhance employee experience and organizational effectiveness.


    Job Responsibilities

    Serve as the primary point of contact for employee HR inquiries, providing guidance on policies, procedures, and routine HR matters, and escalating more complex or sensitive issues as appropriate.


    Talent Acquisition

    Assist with the full-cycle recruitment process, including job posting, screening, interviewing while partnering with hiring managers.Assist with the seasonal internship program end-to-end, including planning, recruitment, onboarding, and administration. Coordinate departmental orientations to familiarize interns with company functions, and lead end-of-program evaluations to assess effectiveness and recommend enhancements.Collaborate with the Business Development team to support and enhance company branding efforts on LinkedIn and the company website to attract talent.


    Onboarding/Offboarding

    Assist with the onboarding process for new hires, including coordinating all day-one activities.
    Assist with ensuring compliance with onboarding and employment requirements, including the completion and maintenance of Form I-9, Puerto Rico ASUME forms, and other required employment documentation.Coordinate distribution and posting of required labor law notices, as applicable.
    Assist with the offboarding process to ensure smooth employee transitions, including coordinating exit interviews, partnering with internal departments to completion separation tasks, and overseeing the return of company property.


    Employee Engagement

    Maintain the company's internal platform to keep employees informed and engaged. Post regular updates, announcements, and information to foster a connected and informed workplace.
    Collaborate with the Head of Human Resources and Office Manager on employee engagement initiatives that enhance the overall employee experience.Assist the Social Responsibility Committee on planning and executing community activities and initiatives.


    HR Compliance & Reporting

    Maintain accurate and up-to-date employee records, ensuring files are properly organized, complete, and handled in accordance with confidentiality and record-retention requirements.Maintain and update employee data, ensuring timely and accurate processing of new hires, employee changes, terminations, while supporting data integrity across HR systems.


    Additional HR Duties

    Support the maintenance and regular updating of the companys organizational chartsAssist in maintaining and updating the employee handbook, policies and proceduresAssist with HR key projects and other duties as assigned


    Skills & Qualifications

    Ability to handle confidential information and situations with discretion and careAbility to work independently with minimal supervision while effectively collaborating with and taking direction from managementStrong attention to detail and accuracyExcellent interpersonal and relationship-building skillsExcellent verbal and communication skillsMust be a self-starter who is comfortable working with all levels of employees from individual contributors to senior managementStrong organizational and time-management skills


    Requirements

    Bachelors degree in Human Resources.35 years of progressive human resources experience, including hands-on responsibility for recruitment and hiring processes.Strong understanding of HR principles, practices, and Puerto Rico labor laws.Oral and written fluency in English is required. Read Less
  • Compliance Associate  

    - 00918
    Job DescriptionJob DescriptionSalary: DOEJob OverviewThe Compliance As... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview

    The Compliance Associate supports the BSA/AML and OFAC Program (Compliance Program) across the following regulated businesses: Advantage International Bank Corp., Advantage Life Assurance I.I. and Advantage Life Puerto Rico A.I.s (collectively Advantage).


    Duties include, but are not limited to, due diligence, monitoring, sanctions screening, compliance reviews, alerts, and exception testing related to Section 314 (a) and SDN Lists, among other tasks assigned from time to time by the Chief Compliance Officer or their designee. These tasks will ensure the effectiveness of the Compliance Program.


    Job Responsibilities

    Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Know Your Customer (KYC)

    Perform CDD/EDD for policyholders, premium payors, beneficiaries, lives assured, banking customers, and any other relevant party.Obtain customer/relevant parties-related information and documentation necessary for new businesses (policies and deposit accounts) and policies activities to ensure there is an effective Compliance Program.



    Sanctions Compliance

    Screen all relevant parties against OFAC lists and escalate potential matches.Perform sanctions screening, including OFACs 50% Rule and Sectoral Sanctions Identifications (SSI) restrictions.Review potential matches including those notified by the OFAC modules and 314(a) lists, and document the results of the reviews conducted.Assist with OFAC license reviews and recordkeeping.



    Transaction Monitoring & Red Flags

    Monitor policy and banking activity for suspicious patterns.Review and resolve flags and exceptions and document the results of such reviews. In addition, he/she must promptly escalate any suspicious activity or transaction noticed during these reviews for further investigation.

    Compliance Reviews

    Conduct periodic compliance or reviews due to triggering events.



    Testing

    Conduct testing to ensure the systems accurate capture and reflect updated Section 314 (a) and SDN Lists.



    Wire Transfers

    Review wire transfers to ensure compliance with the Travel Rule and OFAC laws and regulations.



    Record Keeping

    Maintain complete and accurate audit trails for CDD/EDD, monitoring, training, testing, wire transfers, and sanctions screening as required by the Compliance Program.Executes any additional duties or responsibilities that may be assigned periodically in support of the Compliance Departments functions.

    Skills and Qualifications

    Highly skilled in English communication, both written and spokenProven working knowledge of Microsoft Word and Excel

    Job Requirements

    Bachelors degree in Business Administration (Accounting, Finance or General) or Criminal Justice preferred.Juris Doctor is a strong plus.Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Fraud Examiner (CFE) preferred.Two (2) to four (4) years of experience in the banking or insurance industry or in compliance, either in BSA/AML and OFAC or Regulatory Compliance. Read Less
  • Job DescriptionJob DescriptionSalary: DOEJob Overview:Provide strategi... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview:

    Provide strategic consulting to customers on their Captive insurance needs within the United States market. Responsible for the financial and the regulatory reporting of a portfolio of captive insurance companies. You will regularly interact with senior professionals from a diverse client base, and you will have the opportunity to help our clients with unique solutions.


    Applicants must have unrestricted work authorization in Puerto Rico and must reside in Puerto Rico to fulfill the role's regulatory and operational responsibilities.


    Job Responsibilities:

    Preparing feasibility studies for prospective captive clientsDeveloping strategies for existing customer basePerforming all aspects of the financial reporting for client accountsServing as the primary contact for individuals from various departments from the clients side, such as risk management, corporate controllership, tax, legal, etc.Develop processes for client services in order to ensure quality and timeliness of financial reporting and regulatory filingsMentor and develop accounting team membersCoordinate efforts with outside service providers, including actuaries, auditors, investment managers, brokers, claims adjusters and outside counsel to proactively meet client needsStrategize with clients on how best to optimize their captive insurance company and help develop solutions to complex client problemsPrepare and present materials during client board meetingsLearn to file management and regulatory reports for Risk Retention Groups


    Skills and Qualifications:

    Ability to develop and communicate innovation solutionsAbility to establish work priorities and manage time effectivelyAttention to detail and can work independently and as a team memberDemonstrated effectiveness in presentations to clientsExcellent interpersonal and communication skillsStrong accounting skillsStrong critical thinking skillsProven experience in senior accounting/finance roles, preferably within Captive Management and/or Insurance


    Job Requirements:

    Bachelors degree in Accounting, Finance, or Business AdministrationMinimum of 5 to 10 years of experience, direct captive management experience a plusExperience working at a Big Four accounting firm (PwC, EY, KPMG, or Deloitte) or equivalent auditing experience strongly preferred.Experience with Excel and financial accounting/general ledger accounting softwareProficiency in Microsoft Office Excel, Word, and PowerPointCPA, MBA or other financial professional certification
    Must be a Puerto Rico resident
    Must be fluent in English, as this position interacts directly with U.S.based clients Read Less
  • Job DescriptionJob DescriptionSalary: DOEJob Overview:We are seeking a... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview:

    We are seeking a detail-oriented and proactive Data Reporting Analyst to support data-driven decision-making across the organization. The successful candidate will play a critical role in analyzing complex data sets, partnering with cross-functional teams to collect, interpret, and present data insights. This role is responsible for delivering accurate, timely analysis and reporting that supports strategic initiatives and drives operational efficiency.

    Applicants must have unrestricted work authorization in Puerto Rico and must reside in Puerto Rico to fulfill the role's regulatory and operational responsibilities.

    Job Responsibilities:

    Collect, analyze, and interpret large datasets from multiple sourcesDevelop visualizations and reports that effectively communicate data findingsCollaborate with teams to understand data needsIdentify key business metrics and create reports to understand performanceAssist in the development and maintenance of data models and databasesMonitor industry trends and assess how they may impact our businessAssist in enhancing data quality and integrity, performing data cleaning and validation analysisSupport ad-hoc analysis requests, providing timely and accurate information

    Skills and Qualifications:

    Experience as a Data Analyst or similar roleStrong analytical and organizational skillsAttention to detail and accuracyHigh level proficiency in utilizing data analysis tools, including SQL and ExcelCoding and programming experience a plus, including Python, Microsoft Access, Visual Basic, and similar toolsExcellent verbal and written communication skillsAbility to manage multiple projects and competing priorities, while consistently meeting deadlinesProactive, solutions-oriented approach to problem solvingAbility to work independently and collaboratively with cross-functional teamsFully bilingual in English and Spanish (required)



    Job Requirements:

    Bachelors degree in Business, Economics, Statistics, Mathematics, Computer Science, Engineering, or a related field or an equivalent combination of education and experienceMinimum 5 years' experience as a Data Analyst in the insurance or financial services sectorMust be a Puerto Rico resident

    Read Less

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