Bilingual Distribution Practices Associate (12 Month Contract)

THE EMPIRE LIFE INS. COKingston, ON
CA$63,600 - CA$98,580Remote

About The Position

Empire Life is looking to hire a Bilingual Distribution Practices Associate (12 Month Contract) to join our Retail Distribution team! We are actively seeking candidates to fill a current, open position. The Distribution Practices Associate supports the distribution teams in all lines of business by developing and delivering services designed to efficiently promote distribution partner best practices; meet the Company’s regulatory obligations; and manage risk associated with the Company’s distribution channels. The incumbent is guided by defined goals and objectives and works under the general supervision of the Manager, Distribution Practices.

Requirements

  • Bilingual in both English and French
  • 3+ years work experience in the insurance/financial services industry with hands-on experience in distribution, training or compliance
  • Knowledge of sales practices and relevant insurance regulation
  • Knowledge of word processing, spreadsheet, database, email, internet, and presentation software
  • Investigative, analytical and decision-making skills
  • Well-developed written and verbal communication skills
  • Motivation, tact, diplomacy and ability to handle confidential information
  • Ability to prioritize and balance multiple tasks or projects
  • Completion of a university degree with courses in business administration or other applicable discipline

Nice To Haves

  • FLMI or AIRC an asset

Responsibilities

  • Assist the Distribution Practices team to provide knowledgeable and practical advice to business unit partners concerning distribution matters relating to distribution due diligence, best practices, contracting and monitoring, in respect of prospective, current and former distribution partners to support the Company’s distribution relationships and improve the quality of distribution partner business.
  • Collaborate with Distribution Practices team, participate in implementation of practical solutions designed to support the Company’s compliance with all distribution-related regulatory requirements and industry and corporate standards to help manage the Company’s legal, regulatory, and reputational risk.
  • Assist the Distribution Practices team to provide cost effective distribution risk management support to business units through the development and implementation of compliance and risk management standards and measures designed to enable proactive distribution risk management activities.
  • Assist the Distribution Practices team to provide knowledgeable and practical advice to business unit partners on Distribution Partner compliance requirements.
  • Conduct desk reviews and develop detailed reports on findings and recommendations; forward recommendations to the Distribution Partner and follow up on action plans; collaborate with Distribution Partners regarding the recommendations; provide resource information and assistance for implementation into their practices.
  • Facilitate communication with sales teams and Distribution Partners on existing, changed or new industry or regulatory requirements that affect their practices.
  • Assist in creating and updating education tools for use by our Distribution Partners, including company compliance website, Distribution Partner Reference Guide, FAQs.

Benefits

  • Hybrid work model
  • Competitive salaries with annual pay increases
  • Access to learning & development programs, and education/tuition reimbursement (role dependent), to support your professional growth and career advancement.
  • A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, health and dental and a generous health account
  • Flexible work arrangements and an annual allotment of personal health days.
  • Four weeks annual vacation from hire date
  • A defined contribution pension plan with generous employer matching
  • Top up programs for parental leave and compassionate leave
  • Employer-sponsored wellness and recognition programs
  • A cash employee referral program
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