Insurance Associate, Insurance Sales

Pay Competitive

Employment type:

Full-Time

Job Summary:

Working directly with the assigned Insurance Specialist under general supervision, the Insurance Associate will provide sales, marketing, and administrative support in all aspects of the sales process, including the development and implementation of sales and marketing plans, appointment scheduling, follow-up communications, client service activities, and sales presentations. In addition, this position will have regular contact with internal department staff and external customers/insurers in order to obtain, clarify, or provide facts and information as needed.

Essential Duties and Responsibilities:

• Analyze and identify insurance opportunities and needs.
• Develop life insurance sales jointly with assigned Insurance Specialist.
• Assist in the creation of illustrations, financial and estate plans, client proposals, and reports as needed.
• Assist in the implementation of a sales and marketing plan, adjusting as required to meet agreed-upon targets.
• Maintain product and compliance knowledge required to support goals and strategic marketing objectives.
• Assist Insurance Specialist in the preparation, processing, and follow-up of life insurance applications and transactions, and manage documentation requirements in accordance with in-good-order requirements. Assist Insurance Specialist in providing policy service to existing clients, including an annual review of in-force policies.
• Communicate with insurance company regarding submitted applications.
• Provide status updates via email or phone to Insurance Specialist, financial advisors, and clients.
• Responsible for building and maintaining relationships with financial advisors and responding to requests for information.
• Perform other duties and responsibilities as assigned.

What can you expect from us?

Our most important investment is in people. Raymond James Ltd offers flexible work styles and a competitive compensation and benefits package. Our benefits range from Health Benefits, RRSP Matching Program, Employee Stock Purchase Plan, Paid Time Off, Volunteer Days, Discretionary Bonuses, Tuition Reimbursement, and many more! We also support internal promotion and community involvement.

Knowledge of:

• Principles, practices, and procedures of general office concepts, customer relations, marketing, and communications.
• Policies that govern personal life insurance operations.
• Process flows within specific assigned functional areas.
• Regulations for specific assigned functional areas.
• Communicating detailed information provided by insurance companies to clearly provide financial advisors/agents with status and course of action.
• Relaying information to insurance carriers to help ensure the best offers are received for clients.
• Identifying potential issues related to life insurance underwriting.
• Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.

Educational/Previous Experience Requirements:

• High School Diploma or equivalent and a minimum of three (3) years’ experience in the areas of annuities, life insurance, long-term care, and/or disability income products or financial services industry or customer service.
• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications:

• Life, Health, and Variable Annuities License is helpful but not required.
• Certified Financial Planner or equivalent is an asset.
• Canadian Securities Course is an asset.