Managers of Underwriting represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at around $85K per year — though Bank Managers, Banking Customer Service Managers, and Team Lead, Operationss also do fairly well at $60K, $44K, and about $34K, respectively.
Years of Experience
Those who have five to nine years of work experience see average salaries of approximately $56K annually. For those with one to four years of experience, median paychecks reach $60K per year. Broken down by tenure, the largest share of First Citizens Bank employees (27 percent) have 20 years or more of experience and earn $86K annually on average.
When it comes to location, the highest average paycheck (about $85K per year) can be spotted in Columbia, S.C.; Raleigh, N.C. ($71K), Raleigh-durham, N.C. ($68K), and Charlotte, N.C. (approximately $60K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Smithfield, N.C. — at around $55K, salaries are some of the lowest in the country. Within the firm, employees working in Georgia take home the most — about $82K annually on average.
Certifications and Degrees
Certified Public Accountants receive bigger paychecks (approximately $87K per year) than those without credentials. On average, salaries rise to $85K annually for accredited Senior Human Resources Professionals. The best paid folks at First Citizens Bank have a Master of Accounting (MAcc), earning around $87K per year.
In this position, it pays to have Financial Analysis in your toolkit; employees who claim proficiency enjoy a higher median salary of $119K annually. It's pretty common to find people here who know Customer Service; about a sixth consider it a key competency. Some other standard skills here are Sales Management, Sales, and Customer Relationship Management.
Benefits and Perks
One-seventh of employees — the minority — enjoy both paid vacation and paid sick time. The vast majority of workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. For a strong majority of workers, benefits include health insurance, and the larger part of respondents get dental coverage, too. Some other perks are a casual working environment and tuition reimbursement.