• CIMD, PWM, Risk Management Associate– Irving, TX

    Location(s) US-TX-Dallas
    Job ID
    Schedule Type
    Full Time
    Analyst, Associate
    General, Investment Management
    Consumer and Investment Management Division
    Business Unit
    United Capital
    Employment Type



    The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.




    Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond




    The Risk Management Associate (RMA) is responsible for ongoing support of the United Capital Risk Management Team (UCRM).  The RMA provides sales support, underwriting and service for life, disability, long term care and annuity products offered through (UCRM).




    The RMA is expected to provide sales support and analysis to the Managing Directors, Wealth Advisers, Relationship Managers and Directors of Operations for assigned offices.  Metrics include reducing underwriting cycle time, accuracy in completing and processing paperwork, policy service and increased client retention. 




    • Establish rapport with all of our Managing Directors (MDs), Wealth Advisers (WAs), Relationship Managers (RMs) and Directors of Operations (DOOs) to properly service new and existing insurance (Life, Long Term Care, Disability and Annuities) maintained by their clients.
    • Manage all facets of the underwriting process.  Including, but not limited to:
    • Assuring the writing adviser is appropriately licensed
    • Monitoring continuing education requirements
    • Appointing the writing adviser with the necessary insurance carriers
    • Pre-populating applications
    • Creating/facilitating insurance illustrations
    • Work with our vendor partner to expedite medicals, inspection reports, physician records, etc.
    • Confirm that all paperwork (application, delivery requirements, etc.) are in good order
    • Follow up with case managers on case status
    • Manage all facets of policy service, including but not limited to:
    • Premium payments
    • In-force illustrations
    • Policy service, changes in address, beneficiaries, benefits, etc.
    • Utilize assessment tools assist MDs/RMs/DOOs to identify insurance opportunities with existing clients.
    • Work closely with Risk Management (UCRM) team and vendor partners to support United Capital initiatives.
    • Manage time allocated to each office.




    Experience and Education:


    • Insurance license required
    • Designations preferred
    • A bachelor’s degree and/or related work experience
    • 3-5 years of working as a policy service manager, underwriter, case design specialist or insurance office generalist in a multi-carrier, multi-line environment (life, DI, LTC)
    • Proficient in Microsoft Office, Salesforce and other technology (planning software) necessary to complete the job
    • Strong life, disability, long term care and annuities product knowledge
    • Ability to run various carrier illustrations
    • Fundamental knowledge of underwriting and its processes
    • Strong oral and written skills
    • Ability to manage multiple projects
    • Must be able to prioritize tasks


    Foundational Skills:

    • High energy level, comfortable performing, managing and executing on multiple projects in conjunction with day-to-day activities.
    • Superior interpersonal abilities. Ability to get along with diverse personalities, tactful, mature, flexible.
    • Good reasoning abilities. Sound judgment.
    • Exceptional communication skills.
    • Resourceful and well organized.
    • Participative management style—advocate of team concept.
    • Results and people oriented, but have sound judgment—ability to balance other business considerations. Service oriented, but assertive/persuasive.
    • A strong attention to detail is critical.



    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.