Salem Five Bank Logo

Salem Five Bank

Private Client Services Manager

Posted 3 Days Ago
Be an Early Applicant
In-Office
Woburn, MA, USA
104K-177K Annually
Expert/Leader
In-Office
Woburn, MA, USA
104K-177K Annually
Expert/Leader
Leads private client insurance account executives, managing workloads, service quality, coaching, performance, and development. Provides technical guidance on complex high-net-worth coverage, underwriting, carriers, billing, claims, and service matters. Supports new business placement, renewals, retention, cross-selling, and producer relationships while monitoring growth metrics. Oversees Applied EPIC workflows, process improvement, carrier partnerships, and collaboration across banking and wealth management teams.
The summary above was generated by AI
Salem Five is a growing regional financial services organization with a rich history of over 170 years.  As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers.
 

Why Join Us: At Salem Five Insurance, you will be part of a team that delivers more than just coverage, we provide peace of mind to the clients we serve. With experienced professionals across six Massachusetts offices and access to a broad network of trusted carrier partners, we work together to create tailored insurance solutions that reflect each client’s unique goals and values. Whether supporting families, businesses, or individuals with complex needs, you will play a key role in delivering clarity, care, and professionalism every step of the way.

This position requires a hands-on leader who understands the unique expectations of high-net-worth clients and knows how to balance exceptional service, operational discipline, employee development, retention, and growth. You build strong relationships with employees, clients, producers, carriers, and business partners while creating accountability and maintaining a collaborative, solutions-oriented environment.

This is a hybrid position.

ESSENTIAL DUTIES AND RESPONSIBILITIES: 

  • Lead, coach, and develop Private Client Account Executives, setting clear expectations for service quality, responsiveness, accuracy, and follow-through.
  • Manage team workloads, priorities, service standards, and capacity to ensure an exceptional client experience.
  • Provide technical guidance on complex private client coverage, underwriting, carrier, billing, claims, and service matters.
  • Partner with producers to support new business opportunities, including information gathering, carrier submissions, quoting, proposal preparation, coverage discussions, and follow-up.
  • Drive client retention through proactive renewal management, identification of at-risk accounts, and timely resolution of client concerns.
  • Promote a consultative account-rounding approach to identify appropriate cross-sell and upsell opportunities across personal, commercial, umbrella, flood, valuables, life, and other coverage needs.
  • Monitor retention, lost business, referrals, cross-sell opportunities, new business activity, and other service and growth measures.
  • Collaborate with Personal Lines, Commercial Lines, banking, wealth management, mortgage, and other partners to provide a coordinated client experience.
  • Ensure consistent and effective use of Applied EPIC, including workflows, documentation, data quality, and activity management.
  • Identify opportunities to improve processes, service delivery, and operational efficiency.
  • Manage onboarding, training, performance reviews, and ongoing development for team members.
  • Maintain strong relationships with Private Client carrier partners and stay current on industry products, practices, and trends.

Supervisory Responsibilities 

  • This position directly supervises the Private Client Account Executives and is responsible for work direction, coaching, performance accountability, development, workload management, and appropriate escalation of employee matters.

Qualifications

  • 10+ years of experience in private client/high-net-worth insurance operations, account management, or client service.
  • Strong knowledge of private client insurance coverages, underwriting requirements, carriers, and service expectations.
  • Experience working with leading Private Client carriers such as PURE, Chubb, AIG, Berkley One, and Cincinnati.
  • Demonstrated experience supporting new business placement, client retention, account rounding, cross-selling, and producer relationships.
  • Strong working knowledge of Applied EPIC and agency management workflows.
  • Proven ability to lead employees, manage workloads, establish service expectations, and address performance concerns.
  • Excellent communication, judgment, problem-solving, organization, and relationship-management skills.
  • Proficiency with Microsoft Office products.

Education & Licensing

  • High school diploma required; college degree or relevant insurance designation preferred.
  • Property & Casualty Insurance license in good standing required.

Benefits/Incentives:

We offer a comprehensive benefits package designed to support your well‑being and success, including medical, dental, and vision coverage; Flexible Spending and Health Savings Accounts; 401(k) matching; and tuition reimbursement. You will also enjoy additional perks such as our employee referral program, annual holiday reception, summer family outing, and more. 

Salary Range:        $104,409.00 to $177,498.00 

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, and performance. This range may be modified in the future. 

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear.  The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, crouch, or crawl.  Specific vision abilities required by this job include close vision. 

Ready to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you.

No unsolicited resumes accepted from agencies.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Salem Five Bank Bedford, Massachusetts, USA Office

285 Great Rd, Bedford, Massachusetts, United States, 01730

Similar Jobs

6 Days Ago
Hybrid
2 Locations
110K-150K Annually
Mid level
110K-150K Annually
Mid level
Consulting • Financial Services
Lead and supervise tax engagements involving compliance, consulting, and planning for high-net-worth individuals, trusts, estates, and entities. Manage IRS and state audits, advise clients on complex tax regulations, identify planning opportunities, maintain client relationships, support business development, and mentor interns and associates.
Top Skills: Cch EngagementProsystems FxXcm
6 Days Ago
Remote or Hybrid
2 Locations
Senior level
Senior level
Consulting • Financial Services
Oversee tax planning, compliance, consulting, and complex return reviews for ultra-high-net-worth individuals, families, and financial-services clients. Supervise and develop staff, manage client relationships, pursue new business, review technical tax work, and collaborate with partners and tax professionals. Requires expertise in hedge fund K-1s, trusts, estates, gifts, charitable entities, and current tax laws. Occasional local client travel is required.
Top Skills: Cch AxcessGosystems
28 Days Ago
Remote or Hybrid
2 Locations
120K-200K Annually
Senior level
120K-200K Annually
Senior level
Consulting • Financial Services
Oversee tax planning, compliance, and complex return review for ultra-high-net-worth individuals and families. Lead client engagements, supervise and develop staff, manage budgets and profitability, support business development and recruiting, and ensure accurate application of tax law. The role requires expertise in hedge fund K-1s, trusts, estates, gifts, charitable entities, and federal, state, and local tax matters.
Top Skills: Cch AxcessGosystems

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account