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Bilingual Manager, Insurance Supervision - English/French
Location:
Toronto
Description:
Requisition ID: 190565 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Purpose The Manager, Insurance Supervision’s primary focus is to manage the day‐to‐day sales practice supervision for the Insurance business within Scotia Wealth Management. This will be accomplished by working with the Sr. Manager, Risk Management and the Director, Insurance Advisory to ensure compliance with policies and sales standards and then managing the supervision process that ensures the business complies with that framework. The incumbent will also help ensure team members are kept abreast of any regulatory changes and adhere to insurance industry guidelines and best practices. This will include collaboration with internal partners as needed to ensure the business is compliant. Accountabilities 1) Developing and managing a Tier One review of new business through a file review process that will include: backssing suitability of insurance policies sold to clients; Addressing suitability of investments embedded within certain products (i. e. Universal Life); Reviewing accuracy and appropriateness of illustrations provided to clients; Considering general sales practices to defend against tied selling, twisting, churning, rebating, etc. Communicating with field as part of the audit process; Reviewing needs analyses and sales concept material provided to clients; Reporting on findings of file audits; and Escalating any concerns to Group Compliance. 2) Developing and managing a Tier One review of our Inforce Block of business through a policy review that will include: Coordinating with carriers to review details of groups of policies (e. g. investment allocations of UL policies, premium allocation of PAR policies); Identifying and following up on any “red flags” related to inforce policies; Running Inforce Illustrations and comparing them to original projections; and Communicating with field as part of the review process. . Visit ListedBuy for more information.
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More About this Listing: Bilingual Manager, Insurance Supervision - English/French
Bilingual Manager, Insurance Supervision - English/French is a Insurance Jobs Insurance Agent Job at Scotiabank located in United States. Find other listings like Bilingual Manager, Insurance Supervision - English/French by searching Oodle for Insurance Jobs Insurance Agent Jobs.
Bilingual Manager, Insurance Supervision - English/French is a Insurance Jobs Insurance Agent Job at Scotiabank located in United States. Find other listings like Bilingual Manager, Insurance Supervision - English/French by searching Oodle for Insurance Jobs Insurance Agent Jobs.