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Advantage Life Insurance
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  • Executive Assistant  

    - 00918
    Job DescriptionJob DescriptionSalary: DOEJob OverviewProvides administ... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview

    Provides administrative and operational support to leaders and teams by coordinating schedules and meetings, preparing and organizing information, supporting communications and logistics, maintaining records, and helping ensure efficient day-to-day operations.

    Job Responsibilities

    Manage and prioritize executive calendars, exercising independent judgment to align schedules with strategic priorities.Coordinate and oversee meeting logistics, including preparation of materials and followup, ensuring alignment with leadership objectives. Independently track, assess, and follow up on key action items, escalating risks or delays and recommending solutions as appropriate.Provide advanced administrative and operational support to leadership, including coordination of crossfunctional initiatives.Serve as a key liaison for internal and external stakeholders, exercising discretion in managing communications and resolving issues on behalf of leadership.Prepare, analyze, and maintain reports and tracking tools used to support operational, compliance, or management decisionmaking.Develop and maintain document management systems and processes to support audit readiness, compliance, and operational efficiency.Plan and manage complex domestic and international travel, assessing cost, timing, and business impact. Review, prepare, and monitor expense reporting, ensuring compliance with company policies and flagging discrepancies as needed.Coordinate visitor and stakeholder engagements, exercising discretion and professionalism in representing the company.Oversee office operations activities, including vendor coordination and process improvements, within established guidelines.Manage and curate shared resources and administrative tools to improve efficiency and consistency across teams.Lead or support special projects with minimal supervision, independently managing timelines, priorities, and stakeholder communication.

    Skills and Qualifications

    Fluency in English and Spanish, both written and spokenStrong organizational skills with high attention to detailAbility to prioritize tasks and manage multiple deadlines simultaneouslyAbility to work independently and follow through on assignments with minimal supervisionTeam player who collaborates well across departmentsBuild and maintain strong working relationships across internal and external stakeholdersAdapt to changing priorities, processes and organizational needs with flexibility and professionalismProactively anticipate needs and identify issues early to support efficient office and executive operationsExhibit strong sense of accountability, ownership, and follow-through on assigned responsibilitiesExercise sound judgement and discretion when handling confidential and sensitive information

    Job Requirements

    Bachelors or associates degree in Business Administration, Office Management, a related field or equivalent work experience will be considered in lieu of a formal degree35 years of administrative or office support experience, preferably in a professional, corporate, or fastpaced environmentProficiency in Microsoft Office (Outlook, Word, Excel required)Proven experience with calendar management, scheduling, and meeting coordination Read Less
  • Accountant - Client Services  

    - 00918
    Job DescriptionJob DescriptionSalary: DOEJob Overview:The Client Servi... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview:

    The Client Service Accountant role supports the client services team in the preparation and processing of documentation related to daily insurance company transactions, as well as correspondence with clients and service providers.

    Job Responsibilities:

    Assist in the preparation of quarterly policy statements, audit planning and management, payments to service providers, and related correspondent banking transactionsManages the MASTTRO platform, including reconciliation of daily transactions, registration of new accounts, ensuring account connectivity, and maintaining up-to-date valuations for private investmentsHandles verbal and written inquiries related to insurance transactionsSupports daily accounting activities by ensuring banking, investment, and other financial transactions are accurately recordedAssists with policy fee calculations, billing, and collection processesEnsures reinsurance schedules are prepared accurately on a quarterly basis

    Skills and Qualifications:

    Excellent communication, analytical and computer skillsProven working knowledge of Microsoft Word and ExcelExcellent command of written and spoken EnglishHighly motivated and committed professionalAbility to work independently with minimal supervision and meet tight deadlinesStrong organizational skills and problemsolving skills

    Job Requirements:

    Bachelors degree in finance or accounting requiredOne to two years of experience in accounting, bookkeeping, or audit (internship experience accepted)Basic to intermediate proficiency in Microsoft ExcelFoundational knowledge of preparing basic financial statementsAbility to work effectively under pressure while maintaining a high level of accuracy and attention to detail

    Read Less
  • Bank Operations Associate  

    - 00918
    Job DescriptionJob DescriptionSalary: DOEJob OverviewThis position enc... Read More
    Job DescriptionJob DescriptionSalary: DOE

    Job Overview

    This position encompasses providing support for day-to-day operations of Advantage International Bank (AIBC).


    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

    Process the following in AIBCs core banking system, correspondent banks systems, SWIFTsystem and sub-custodian system:incoming, outgoing, and internal wire transferstrade tickets (purchase or sale)time deposit transactionsaccount opening applications and review of documentation.Scan and file in AIBCs electronic filing system all customer documentation (account opening application, wire instructions, securities purchase and sale trade tickets, monthly account statements and any other customer document)Process all retail and deals transactions in the e-IBS banking systemMonthly position reconciliation between AIBCs core banking system e-IBS and sub-custodianDaily or monthly input of securities pricingDemonstrated ability to resolve trade settlement issues in a timely mannerDemonstrated ability to prepare transaction analysis in Excel, as requestedPerform additional duties as requested by Operations Manager


    Skills and Qualifications

    Highly skilled in English communication, both written and spokenProven ability to establish work priorities and meet deadlines effectivelyProven working knowledge of Microsoft Word and ExcelDemonstrated ability to take initiative and work independently with minimal supervisionDemonstrates a strong sense of ownership when managing assigned tasks and projects, ensuring timely and accurate completionExcellent timemanagement skills with the ability to prioritize and handle a high volume of transactions efficientlyHighly coachable and adaptable with the ability to quickly learn and apply new processes and systems quickly.Attention to detail


    Job Requirements

    Bachelors degree in Business AdministrationMust be a Puerto Rico resident and available to work full-time in-person0 to 2 years of banking experience (preferred), may be substituted with previous internship experience or exposure to banking/financial transactions 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

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