Wealth Insurance Advisor

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Wealth

Pay Details:

$69,700 - $98,400 CAD

This role is eligible for commission based earnings.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

This role is responsible for generating insurance sales revenue via clients referred to them from their Wealth relationship managers offering insurance solutions and strategies utilizing

insurance products manufactured by leading third-party insurance carriers to maintain a high quality of client service and support as part of the financial planning process. Key Focus

areas focus on identifying new insurance opportunities, strengthening the relationship with developing Advisors and conserving and replacing existing business to retain client

insurance policies and relationships internally. participated in the referral process.).

KEY ACCOUNTABILITIES

CUSTOMER

• •Generate life insurance sales revenue and manage the client relationship throughout the full sales cycle from prospecting, application and ongoing service
• •Work with Financial Planners to identify insurance sales opportunities within their existing client base
• •Provide direct relationship management support to FPs within TD Wealth Management to gain access to their client base
• •Work with insurance carrier wholesalers to build awareness and promote their insurance solutions within the TD Wealth offices through leading joint sales and product learning and development events
• •Support the underwriting and inforce service requirements resulting from their sales activity to ensure a successful client and business partner experience
• •Analyze and build relationships with Mass Affluent clients to recommend sophisticated insurance strategies and solutions as part of a client’s overall financial plan
• •Ensure documentation that is prepared accurately and properly reflects the intentions of the client and is consistent with relevant rules/regulations
• •Overall management of the client experience through direct client engagement or support of RM's client engagement

SHAREHOLDER

• •Contribute to the achievement of business objectives by proactively attracting, acquiring and retaining customers / sales opportunities and referrals, to increase profitability and enable business growth
• •Promote and offer full suite of products, sales, services and banking capabilities
• •Support the timely and accurate completion of business processes and procedures
• •Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk transactions / activities as necessary
• •Ensure documentation that is prepared / completed is accurate and properly reflects client / business intentions and is consistent with relevant rules / regulations
• •Plan and execute business development activities, review and communicate results, and adjust tactics accordingly
• •Identify, suggest and actively participate in process improvement opportunities
• •Ensure necessary due diligence to support the accuracy of all customer transactions / activities
• •Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• •Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• •Assume responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct
• •Proactive policy management through oversight and communication of service requirements to protect client interests and conserve block of business

EMPLOYEE / TEAM

• •Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• •Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
• •Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• •Participate in personal performance management and development activities, including cross training within own team
• •Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
• •Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• •Contribute to a fair, positive and equitable environment that supports a diverse workforce
• •Act as a brand champion for your business area/function and the bank, both internally and/or externally

BREADTH & DEPTH

• •Experienced working professional role with a focus on providing business development, customer relationship management and / or sales advisory support within their own area of specialty
• •Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
• •Requires an in-depth understanding of products/services and key competitors
• •Identify referral opportunities across business lines and segments
• •Lead projects or work streams within broader projects with moderate risk and may be accountable for ongoing activities, processes and functional programs
• •Familiarity with all Insurance carriers and have a robust understanding of their product offerings so as to extrapolate the appropriate product and strategies to meet the specific needs of Mass Affluent clients
• •Developed marketing skills related to life insurance and similar products to be leveraged to increase understanding of the insurance solution and to better engage clients in insurance discussions
• •Strong technical and problem solving skills related to the investment, tax, legal issues associated with life insurance and related products
• •Requires advanced understanding of a range of product and services, processes, procedures and systems to provide customers with options and advice on complex transactions and product features
• •Solve moderately complex problems by taking a new perspective on existing solutions
• •Work performed under minimal management guidance and supervision
• •Reports to Sr. Manager, National Sales Support

EXPERIENCE & EDUCATION

• •University degree
• •5+ years of experience in the Canadian Life Insurance Industry, including time in a sales capacity
• •Life Insurance licensed
• •Completion of the following is considered an asset: Certified Financial Planner (CFP), Certified Life Underwriter (CLU), Chartered Financial Consultant (CHFC) or Certified Health Insurance Specialist (CHIS)

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believ