At a Glance
- Tasks: Support insurance compliance and administration while ensuring regulatory standards are met.
- Company: Join CU Financial Management, a leader in financial planning in Atlantic Canada.
- Benefits: Enjoy competitive salary, bonuses, comprehensive benefits, and a flexible work environment.
- Other info: Be part of a supportive culture that values ethics, responsibility, and community.
- Why this job: Make a meaningful impact on clients' financial lives while growing your career.
- Qualifications: 3-5 years in insurance operations or compliance; active Life Insurance License required.
The predicted salary is between 65000 - 75000 $ per year.
At CU Financial Management, we are committed to delivering exceptional financial planning services that empower individuals, families, and businesses to achieve their financial goals. Our dedication to client success and financial planning excellence sets us apart, and we take pride in the impact we make on our clients' financial well-being. We’re invested in Atlantic Canada. We live here, we work here, and we know that when our clients are successful, our communities thrive.
In 2020, a group of innovative Atlantic Canadian credit unions came together to ensure their members had access to top-tier financial advice. Today, CU Financial Management supports members and non-members, providing expert advice across our four provinces.
What we offer
We offer a competitive compensation package, including a competitive salary, performance-based bonuses, comprehensive benefits, administrative support, and opportunities for professional growth and development. Our commitment to employee well-being includes a supportive, flexible work environment, continuous learning, and the opportunity to make a meaningful impact on our clients' financial lives.
The Role
The Insurance Compliance Specialist is a non-sales support role responsible for providing centralized oversight, administration, and compliance support for CU Financial Management’s insurance business. This position will serve as the primary internal resource for insurance-related matters across the organization, providing support to Advisors and Investment Associates while ensuring insurance activities are administered in accordance with regulatory requirements, carrier expectations, and CU Financial Management policies and procedures.
Key Responsibilities
- Serve as CU Financial Management’s primary internal resource for insurance administration, compliance and operational support.
- Manage the administration and servicing of CU Financial Management’s existing segregated fund business.
- Coordinate post-delivery servicing requirements for all in-force insurance and segregated funds.
- Conduct insurance file reviews and internal compliance audits.
- Coordinate the onboarding, licensing and contracting of new Insurance Advisors.
- Manage CU Financial Management’s APEXA administration.
- Manage Corporate Life Insurance License renewals.
- Oversee the insurance-related components of CU Financial Management’s AML/ATF program.
- Maintain and enhance insurance-related policies, procedures, controls, checklists and tracking processes.
- Monitor regulatory, licensing and carrier requirements affecting CU Financial Management’s insurance business.
- Provide centralized oversight of insurance-related operational and compliance matters.
Minimum Qualifications, Skills, and Experience
- 3 to 5 years of experience in insurance operations, insurance compliance, Advisor support, or a comparable financial services environment.
- Active Life Insurance License.
- Strong working knowledge of the Canadian life insurance industry.
- Experience with insurance administration, compliance, Advisor support, or related financial services function.
- Working knowledge of insurance regulatory and compliance requirements.
- Understanding of AML/ATF requirements applicable to the life insurance and financial services industry.
- Demonstrated ability to review files and documentation with attention to detail.
- Strong organizational and time-management skills.
- Strong written and verbal communication skills.
- Ability to work collaboratively with Advisors, Associates, management, carriers, regulators, and external partners.
- Comfortable working with Microsoft 365 and learning insurance carrier, regulatory, and compliance platforms.
At CU Financial Management, we embody a set of core values: Ethics, Responsibility, Trust, Community, Expertise, and Empathy. We are dedicated to fostering a culture of growth and development. As an employee, you'll have access to opportunities for advancement.
Compensation: $65,000 to $75,000 base salary, plus an annual performance-based bonus. CU Financial Management may consider compensation above the stated range for candidates with exceptional experience, qualifications, or credentials.
Location: Hybrid within Atlantic Canada.
We thank all applicants for their interest. Only candidates selected for an interview will be contacted.
Insurance Compliance Specialist in Charlottetown employer: CU Financial Management Ltd.
At CU Financial Management, we pride ourselves on being an exceptional employer that champions employee well-being and professional growth. Our supportive and flexible work environment, combined with a competitive compensation package and recognition as one of Atlantic Canada's Best Places to Work, makes us an attractive choice for those seeking meaningful careers in the financial services sector. Join us in making a positive impact on our clients' financial lives while thriving in a culture grounded in ethics, responsibility, and community.
Contact Details:
CU Financial Management Ltd. Recruitment Team
