Assistant Insurance Service Advisor

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance. Assistant Insurance Service Advisor
- Greater Toronto Area The position is responsible for providing in-force policy support to licensed advisors, Branch Managers, and Insurance Consultants within the Montreal and Quebec City region. Acts as the main point of contact for licensed advisors in the region who have questions and require support related to their in-force policy management activities. This includes delivering training to advisors on accessing policy details within Centralize and best practices for servicing activities; and flagging any policies that require attention; undertaking policy analysis; requesting in-force illustrations; Proactively reviews a subset of in-force permanent life insurance policies at key milestones in order to identify any potential issues that might lead to future client concerns related to the performance of their policy. This may include collaborating with advisors and SWIS colleagues in determining the best approach to address issues and mitigate any risks. Takes on Agent of Record for all orphaned policies within the region , which includes being the primary contact for those clients in managing their policies.
This may also include doing the same on select policies that have been referred directly to SWIS by an unlicensed advisor or business partner. Triages any requests for licensed advisors to take over as Agent of Record on policies that were sold by external agents, collaborating with SWIS colleagues to ensure that any new AORs will not increase our risk exposure and are onboarded effectively. This includes ensuring that advisors are aware of the AOR policy and any requirements for considering requests. Identifies opportunities to introduce an Insurance Consultant into an in-force policy where there may be new business potential , such as a conversions, re-applications, or secondary sales. Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. Champions a high performance environment and contributes to an inclusive work environment. Minimum of 3-5 years’ experience within the life insurance industry coupled with a University degree (or equivalent education) The Certified Financial Planner (CFP) and/or Certified Life Underwriter (CLU) designations are an asset Experience working with permanent life insurance and working knowledge of insurance carrier illustrations, software and advisor portals is essential Knowledge of the estate planning uses for life insurance including corporate owned life insurance strategies is essential Service-oriented with a high value placed on rapid and high-quality responses Proficiency in the use of Microsoft Windows and its applications including Excel, Word, PowerPoint and MS Outlook Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Job Segment: Underwriter, Investment Banking, Technical Support, Bank, Banking, Insurance, Finance, Technology #