Risk Assessment Insurance Specialist

RBC•Toronto, ON

4d•CA$55,000 - CA$90,000•Onsite

About The Position

The Risk Assessment Insurance Specialist is a self-starter who exudes energy, curiosity, and enthusiasm to take on any challenge that is presented to them within the RBC Wealth Management Financial Services Inc. (RBCWMFS Inc.). This role requires to be analytical and pays attention to details. As the Risk Assessment Insurance Specialist this person can pivot easily depending on the situation and circumstances presented to them.

Requirements

Minimum 2-5 years in a life and living benefits insurance role.
Post-secondary studies in a related field.
Life & Accident/Sickness Insurance License (LLQP)
Strong knowledge of insurance policies and regulatory requirements
Excellent organizational and communication skills
Ability to work cross-functionally with branch teams and management
Proficiency in policy documentation and compliance procedures
Attention to detail with ability to manage multiple audit cycles

Nice To Haves

Bilingual (French)

Responsibilities

Compile and organize policy information packages for Branch Directors and audit teams
Verify owner addresses and confirm IA licensing consistency
Identify and flag Agent of Record (AOR) Transfer policies to branches, confirming all required documentation is filed in secure folders
Conduct pre-audit readiness calls with branch teams using presentation materials
Complete audit checklists to confirm branch preparedness
Facilitate DS branch audit calls and address technical or policy-related questions
Provide post-audit guidance and follow-up support
Conduct monthly sampling and review of approximately 35 policies
Specialize in Universal Life and Whole Life product analysis
Assess policy suitability and verify policies remain in good standing
Collaborate with Estate Planning Specialists (EPS) to identify and resolve missing information
Present findings to Senior Management Team and obtain approval for recommendations