New Business Associate, Life Insurance

2 weeks ago

Burnaby, British Columbia, Canada Raymond James Ltd. Full time
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?

We are seeking a dedicated and detail-oriented Life Insurance New Business Associate to join our Insurance Operations Team in Burnaby, British Columbia. As a Life Insurance New Business Associate, you will play a vital role in ensuring the efficient processing of new life insurance applications. If you are a detail-oriented individual with a passion for ensuring the smooth processing of life insurance applications, we encourage you to apply for this exciting opportunity.

What will your role be responsible for?

  1. Application Review:
    • Thoroughly review incoming life insurance applications for completeness and accuracy.
    • Verify that applications are submitted in good order, adhering to firm policies and industry regulations.
  2. Coordination and Communication:
    • Act as a liaison between insurers and agents throughout the underwriting process.
    • Facilitate and manage correspondence, ensuring all parties are informed and updated on application status.
  3. Record Maintenance:
    • Maintain accurate and organized records in the firm's policy administration system.
    • Update and document application progress, underwriting decisions, and any required follow-up actions.
  4. Compliance Adherence:
    • Ensure that all application processing activities comply with industry regulations and internal policies.
  5. Policy Administration Support:
    • Providing prompt, professional, and courteous assistance via phone, email, or in-person. Submit and follow up on agent of record changes.
  6. Cross-Team Collaboration:
    • Collaborate and corresponded closely with Life Insurance Administration team and insurance agents to ensure cohesive and streamlined service experience.


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?

To qualify for this opportunity you possess:
  • Previous experience in life insurance application processing or a related field is highly preferred.
  • Exceptional attention to detail and organizational skills.
  • Strong communication skills to effectively coordinate and correspond with multiple parties.
  • Knowledge of life insurance industry practices and underwriting processes is a plus.
  • Proficiency in using relevant software and tools for data entry and record-keeping.
  • Effective email and telephone etiquette.


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 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.

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