Advisor Compliance and Business Practices Specialist

Advisor Compliance and Business Practices Specialist Woodbridge (Hybrid) Hub Financial About The Role

We are looking for a highly motivated individual that is multitask orientated and computer proficient. Responsible for monitoring Advisor suitability and compliance for the Insurance division.

Responsible for supporting insurance compliance department functions and projects including Broker Suitability and Business Conduct, Data Analysis through development of effective Trending Reports, Audits relating to Business Conduct and project work.

• Broker/Advisor Suitability:
  Review broker accounts and elevate areas of concern relating to financial instability, incomplete or expired compliance documents, regulatory enforcement, conduct activities and sales trending. Assess, document and escalation any action required relating to credit, conduct or compliance issues based on facts gathered from Insurance Councils, Insurer Head Offices or other information obtained by HUB.
• Broker/Advisor Monitoring:
  Report preparation and data analysis pertaining to HUB monitoring processes and trending reviews for insurance and related investment activities. Maintain internal reporting of information collected and issues that are escalated.
• Broker/Advisor Audit:
  Collaborate with Insurers in advisor audits to ensure compliance with industry responsibilities and appropriate record keeping in client files. Conduct random review of advisor compliance with licensee responsibilities and record keeping in client files. Analyze data pertaining to the review of Brokers on ‘Watch’ and prepare reports of observations along with recommendations pertaining to continued suitability
• Project Management:
  Assist with and coordinate project work as assigned.

• Excellent working knowledge of Microsoft Office (excel, outlook, word & power point)
• Demonstrated ability to communicate (written and verbal) effectively
• Detail oriented and good organizational skills
• Ability to apply common sense thinking
• Strong sense of confidentiality
• Three or more years’ experience with life insurance administration in an Insurer or Managing General Agency environment
• Background in broker contracting and related compliance requirements and regulations
• Experience with Wealth Serv, APEXA or other industry back-office systems is an asset
• Good project management skills
• Bilingual in French and English is an asset

• Competitive Compensation:
  Benefit from a pay structure that includes incentives, bonuses, and opportunities to increase your earnings.
• Work-Life Balance:
  Enjoy flexible work arrangements and generous time off to support your personal and professional life.
• Tailored Benefits:
  Access a personalized benefits package, including company-matched RRSPs, designed to meet your unique needs.
• Career Growth and Support:
  Invest in your future with HUB! Take advantage of our sponsored training and development programs, tuition reimbursement opportunities, and coverage for professional license fees and membership dues—everything you need to support your growth and excel in your career.
• Exclusive Perks:
  Take advantage of discounts on events, travel, accommodations, and personal home & auto insurance.

The expected salary range for this position is $55,000 - $62,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level

When you choose HUB, you're choosing a competitive, exciting, and friendly work environment that strategically positions you for longevity and offers significant advancement, growth, and success opportunities.

Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, HUB’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy,…