Full-Time

Supervisor

Insurance Compliance

Confirmed live in the last 24 hours

HUB

HUB

5,001-10,000 employees

Consulting
Consumer Software
Enterprise Software
AI & Machine Learning

Junior, Mid

Mississauga, ON, Canada

Hybrid work from home opportunity.

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 3-5 years in the financial services industry
  • 2 years in a regulatory compliance role strongly preferred
  • Excellent working knowledge of Microsoft Office applications (Excel, Outlook, Word, and PowerPoint)
  • Strong analytical and organizational skills with attention to detail
  • Exceptional communication abilities (Both Written and Oral)
  • Proficient in project management
  • Strong commitment to maintaining confidentiality
  • College diploma or equivalent preferred
  • Experienced with life insurance sales and administration in an Insurer or MGA environment
  • Experience with WealthServ or other industry back-office systems is an asset
  • Bilingual in French and English is an asset
Responsibilities
  • Provide leadership of the Market Conduct and Advisor Compliance team and its policies and procedures.
  • Ensure contracted advisors are aware of their legal and regulatory requirements through participation in educational programs, compliance questionnaires, and testing.
  • Enhance the competencies and adoption of compliance requirements in the mind-set of contracted advisors.
  • Identify training needs and resources through evaluation of existing compliance tools.
  • Translate requirements into learning materials through the design and delivery of exceptional training videos, tools and guidance that will help groom the successful HUB advisor.
  • Supervision of advisor suitability and monitoring requirements for MGA contracted advisors.
  • Assist with the analysis of data and documentation pertaining to the suitability and oversight of Advisors under contract with the MGA.
  • Documentation and analysis pertaining to broker monitoring processes and sales trending for insurance and investment activities.
  • Prepare reports of observations along with recommendations and escalate any actions required based on facts gathered from Insurance Councils, Insurers or other information obtained by HUB pertaining to continued suitability.
  • Participate in HUB advisor and Agency audits to ensure compliance with industry responsibilities and appropriate record keeping in client files.
  • Provide support to Advisors and assist with remediation as needed.
  • Manage complaints in accordance with the company complaint policy and procedures.
  • Liaise with complainants in a sensitive and constructive manner to minimize further issues.
  • Present a summary of complaints received and resolution steps to manager and, where necessary, E&O and legal.
  • Engage with Insurer and internal colleagues to gather information required to fully investigate and facilitate resolution of the matters involved.
  • Manage and track privacy incidents and assist with analysis and resolution in accordance with company privacy program.
  • Supervision and management of the advisors requiring MGA supervision and oversight.
  • Assist in the compliance guidance and training for HUB Financial contracted advisors.
  • Participate in projects pertaining to risk management and compliance programs as required.

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • HUB's strategic leadership appointments, like Tim DeSett and Lauren Melzer, indicate a strong focus on growth and innovation.
  • The company's continuous expansion through acquisitions suggests robust financial health and a commitment to broadening its service offerings.
  • HUB's emphasis on personalized solutions, such as the clinical informatics resources for employee benefits, enhances its appeal to a diverse client base.

What critics are saying

  • Frequent acquisitions may lead to integration challenges and potential cultural clashes within the organization.
  • The competitive insurance brokerage landscape requires HUB to continuously innovate to maintain its market position.

What makes HUB unique

  • HUB International's aggressive acquisition strategy, including recent purchases of Wade Associates and WestStar Insurance, positions it as a dominant player in the insurance brokerage market.
  • The introduction of HUB Infused Analytics™ Data Suite for personalized employee benefits showcases HUB's commitment to leveraging data analytics for client advantage.
  • HUB's expansion into niche markets, such as aviation risk advisory services for affluent clients, differentiates it from traditional insurance brokers.

Help us improve and share your feedback! Did you find this helpful?