Life Insurance Associate Specialist

2 weeks ago


Burnaby, British Columbia, Canada Raymond James Financial Full time

Raymond James Financial is a leading financial services company seeking a Life Insurance Associate to join our team. This role plays a vital part in facilitating the underwriting process for life insurance applications submitted by financial advisors/agents.

Key Responsibilities:

  • Initial review of submitted life insurance applications
  • Validation of agent licensing and appointment for business submitted
  • Inputting case into agency management system for permanent record of business
  • Submitting good order applications to insurance carriers via secure delivery
  • Ordering paramedical exams required by carrier for underwriting decision
  • Tracking completion of exams and forwarding to insurance carrier for review
  • Following up on requests for information to ensure timely completion
  • Processing issued life insurance policies for mailing to financial advisors/agents
  • Sending follow-up notices to financial advisors/agents until delivery requirements are completed
  • Reviewing and submitting delivery requirements to insurance carrier
  • Ensuring delivery requirements are received by insurance carrier and policy is placed in force
  • Processing various policy service requests
  • Supporting financial advisors/agents with requests for information

Required Skills and Qualifications:

  • Demonstrated knowledge of general office concepts, personal life insurance operations, and process flows within specific functional areas
  • Advanced skills in operating standard office equipment and using 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
  • Effective communication and interpersonal skills to interact with internal associates and external contacts at all levels
  • Analytical skills to gather relevant information, research, and resolve business issues to make informed decisions

Benefits:

  • A competitive compensation package including salary range of $45,000 - $60,000 per year
  • Performance bonuses and incentives based on individual performance
  • Ongoing training and development opportunities to enhance professional growth
  • A supportive and inclusive work environment that values diversity and promotes employee well-being

About Raymond James Financial:

We pride ourselves on being a leader in the financial services industry, committed to delivering exceptional client experiences and building long-term relationships with our customers. We offer a dynamic and collaborative work environment where employees can grow professionally and personally.



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