At Raymond James,
we develop,
we collaborate,
we decide,
we deliver, and
we improve together .
Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.
New Business Associate, Life Insurance
How does the role impact the organization?
Under general supervision, provides support and assistance to facilitate underwriting process for life insurance applications submitted by financial advisors/agents. Associate will enter record into agency management system, communicate with vendors to order necessary underwriting requirements and complete follow up on requirements ordered. Associate with work closely with financial advisors/agents and other members of the team. All assigned job responsibilities and projects will be consistent with department policy guidelines and procedures.
What will your role be responsible for?
- Perform initial review of submitted life insurance applications
- Validate agent licensing and appointment for business submitted
- Input case into agency management system for permanent record of business
- Submit good order applications to insurance carriers via secure delivery
- Order paramedical exams required by carrier for underwriting decision
- Track completion of exams and forward to insurance carrier for review
- Follow-up on requests for information to ensure timely completion
- Process issued life insurance policies for mailing to financial advisors/agents
- Send follow up notices to financial advisors/agents until delivery requirements are completed
- Review and submit delivery requirements to insurance carrier
- Ensure delivery requirements are received by insurance carrier and policy is placed inforce
- Process various policy service requests
- Support financial advisors/agents with requests for information
- Performs other duties and responsibilities as assigned.
What can you expect from us?
Our most important investment is in people. Upon eligibility, Raymond James Ltd offers
flexible workstyles, 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.
What do we expect from you?
Knowledge, Skills, and Abilities:
Knowledge of:
- Principles, practices, and procedures of general office concepts
- Policies that govern personal life insurance operations.
- Process flows within specific assigned functional area.
- Regulations for specific assigned functional area.
Advanced Skill in:
- Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.
Ability to:
- Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment.
- Use appropriate interpersonal styles and communicate effectively, both orally and writing, with internal associates and external contacts at all levels.
- Effectively gather all relevant information in order to analyze, research, and resolve business issues in order to make decisions.
- Analyzing data to identify discrepancies.
- Problem solving.
Educational/Previous Experience Requirements:
- High School Diploma or equivalent and a minimum of three (3) years’ experience in the areas of life insurance or financial services industry or customer service.
~or~
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications:
- Life and Accident & Illness License is helpful but not required.
We encourage our associates at all levels to:
- Grow professionally and inspire others to do the same
- Work with and through others to achieve desired outcomes
- Make prompt, pragmatic choices and act with the client in mind
- Take ownership and hold themselves and others accountable for delivering results that matter
- Contribute to the continuous evolution of the firm
At Raymond James – we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Here at Raymond James we demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at recruitment@raymondjames.ca. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.
Salary Range: BC (based on Education, Work Experience, etc) $45,000-60,000 in addition to competitive performance bonuses/incentives.
Job
Business Development
Primary Location
CA-BC-Burnaby-Burnaby
Organization
RJFP
Schedule
Full-time
Status
Permanent Full-Time
