Team Manager Insurance Operations

Job Description

You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.

The work location for this role is 483 Bay Street in Toronto until approximately late 2026, when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Current work authorization for Canada is required for all openings.

Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.

Business overview

Fidelity Wealth is a wealth management service designed to help advisors navigate succession planning. We offer retiring advisors a fair valuation for their business and ensure a seamless transition for their clients.

To learn more about Fidelity Wealth, please visit: https://www.wealth.fidelity.ca/en/

Team Manager Insurance Operations

How You’ll Make an Impact

Position overview

The Team Manager, Insurance Operations is responsible for establishing and leading Fidelity Wealth's Insurance Operations function. This is a foundational leadership role accountable for designing, building, and scaling an insurance operations capability that supports the delivery of life insurance solutions within Fidelity's Wealth business.

As the insurance business continues to grow, the incumbent will create the operational infrastructure, processes, controls, and team necessary to support sustainable growth while delivering an exceptional advisor and client experience.

This is a player-coach role that combines strategic leadership with hands-on execution. The successful candidate will develop the insurance operating model, establish workflows and service standards, build relationships with insurance carriers and Managing General Agencies (MGAs), and recruit, lead, and develop a team of Insurance Operations Associates. The incumbent will be responsible for creating a scalable and efficient operating environment that supports insurance onboarding, policy administration, servicing, compliance, and operational excellence.

The Team Manager will serve as the operational subject matter expert for the insurance business and work closely with Insurance Specialists, Wealth Advisors, Compliance, Legal, Technology, Finance, and Operations partners to ensure the function is positioned for long-term success. Through strong leadership, operational expertise, and continuous improvement, the incumbent will establish the foundation for a best-in-class Insurance Operations organization that supports business growth and delivers exceptional service to clients and advisors.

You will also be responsible for:

Insurance Operations Function Build-Out & Leadership

- Design, build, and implement Fidelity Wealth's Insurance Operations

function from inception.

-Develop the vision, operating model, organizational structure, service standards, and operating procedures for the insurance operations team.

-Establish scalable workflows, controls, service level agreements,

performance metrics, and governance practices.

Talent Acquisition, Team Building and Development

-Recruit, build, and lead a high-performing Insurance Operations team,

including Insurance Operations Associates and future operational support

roles.

-Define roles, responsibilities, performance expectations, development

plans, and career progression opportunities.

-Design and implement onboarding and training programs to ensure

operational consistency and service excellence.

Insurance Operations Management

-Oversee all insurance operations activities including new business

processing, policy administration, underwriting support, policy changes,

renewals, and servicing requests.

-Ensure timely and accurate submission of insurance applications and

supporting documentation to insurance carriers and MGAs.

-Manage pending business pipelines and ensure outstanding requirements

are proactively tracked and resolved.

Client & Advisor Support

-Partner with Insurance Specialists and Wealth Advisors to support the

delivery of insurance and wealth protection solutions.

-Ensure a seamless onboarding, implementation, and servicing experience

for clients and advisors.

-Serve as a senior escalation point for advisor, client, carrier, and MGA

inquiries.

Risk Management, Compliance & Governance

-Ensure compliance with all applicable regulatory, legal, privacy, and

internal policy requirements.

-Establish and maintain a strong operational control environment that

supports risk mitigation and regulatory compliance.

-Partner with Legal, Compliance, Risk, Audit, and Operations teams to

identify and address operational and regulatory risks.

Strategic Partnerships & Business Growth

-Develop and maintain strong relationships with insurance carriers, MGAs,

and key business stakeholders.

-Collaborate with Insurance Specialists and Wealth Advisors to support

business growth initiatives.

-Participate in strategic planning activities related to the development and

expansion of Fidelity Wealth's insurance business.

• Team Collaboration & Stakeholder Management
• - Collaborate effectively with Wealth Operations, Technology, Legal,

Compliance, Risk, Finance, and Advisor teams.

-Act as the insurance operations subject matter expert across the

organization.

-Facilitate communication and alignment among internal and external

stakeholders.

What We’re Looking For

Experience

• •5+ years of progressive experience in insurance operations, life insurance administration, wealth management, financial services or a related field.
• •Leadership experience recruiting, managing, and developing teams.
• •Experience building, transforming, or significantly enhancing operational functions, teams, or service delivery models.
• •Deep knowledge of life insurance operations, policy administration, and advisor support functions.
• •Experience working directly with insurance carriers, MGAs, and otherinsurance industry stakeholders.
• •Experience developing operational processes, controls, governance frameworks, and service standards.
• •Proven experience leading cross-functional initiatives involving operations, compliance, technology, and business stakeholders.
• •Demonstrated experience managing operational risk and regulatory compliance requirements

The following would be considered as assets:

• •Experience supporting advisor-based wealth management businesses.
• •Experience implementing technology solutions, workflow automation, or digital transformation initiatives.
• •Business analysis, project management, or operational excellence experience.
• •Salesforce CRM or comparable platform experience.
• •Experience supporting insurance business expansion or new product implementation.

Education

• •College degree (3-year program) in Business, Commerce Finance, Insurance, Economy or equivalent work experience.
• •Bilingualism in English and French (verbal and written) is required.

Designations, Licenses, or Accreditations

• •Life License Qualification Program (LLQP) or willingness to obtain within a specified timeframe.
• •Strong working knowledge of life insurance products, regulations, and industry practices.

The following certifications would be considered as assets:

• •Chartered Life Underwriter (CLU).
• •Certified Health Insurance Specialist (CHS).
• •Certified Financial Planner (CFP).
• •Personal Financial Planner (PF