Insurance Broker

Job summary

Calculate insurance premiums, establish client coverage, and explain insurance packages, risks, benefits, and policy features. Assess clients’ financial records and goals, develop financial plans, make recommendations, and administer various types of trusts and their investments.

Job details

Overview Languages English Education College, CEGEP or other non-university certificate or diploma from a program of 1 year to 2 years or equivalent experience Experience 2 years to less than 3 years On site Work must be completed at the physical location. There is no option to work remotely. Work setting Insurance company Responsibilities Tasks Calculate premiums Establish client insurance coverage Provide customer service Provide information concerning group and individual insurance packages, the range of risk coverage, benefits paid and other policy features Make recommendations concerning cash management, insurance coverage, investment planning, retirement and estate planning Identify clients' financial goals and objectives Analyze clients' financial records Develop financial plans for clients Administer estate, personal, charitable, corporate and other types of trusts, direct trust account investments, receive and record investment income and disburse trust funds Credentials Certificates, licences, memberships, and courses Registered Insurance Brokers of Ontario (RIBO) licence Experience and specialization Area of specialization Financial planning Additional information Work conditions and physical capabilities Tight deadlines Attention to detail Fast-paced environment Work under pressure Large caseload Personal suitability Client focus Judgement Organized Reliability Team player Dependability Due diligence Benefits Financial benefits Commission Group insurance benefits Employment groups This employer promotes equal employment opportunities for all job applicants, including those self-identifying as a member of these groups: Support for newcomers and refugees Supports newcomers and/or refugees with foreign credential recognition

What you’ll do

Calculate insurance premiums, establish client coverage, and explain insurance packages, risks, benefits, and policy features. Assess clients’ financial records and goals, develop financial plans, make recommendations, and administer various types of trusts and their investments.

Requirements

Requires 2 to less than 3 years of experience and a college, CEGEP, or other non-university certificate or diploma from a 1- to 2-year program, or equivalent experience. A Registered Insurance Brokers of Ontario (RIBO) licence is required, with financial planning identified as the area of specialization.

Benefits

• Commission
• Group Insurance Benefits

Listed skills

• Customer service · Preferred
• Organization · Preferred
• Attention to detail · Preferred
• Financial planning · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Premium Calculation
• Insurance Coverage
• Customer Service
• Insurance Recommendations
• Financial Planning
• Cash Management
• Investment Planning
• Retirement Planning
• Estate Planning
• Financial Records Analysis
• Trust Administration
• Client Focus
• Judgment
• Organization
• Attention to Detail
• Due Diligence

Job areas

• Finance & Accounting
• Sales
• Customer Service & Support