High-Net-Worth Insurance Analyst
Royal Bank of Canada · MONTRÉAL, Quebec, Canada ·
- Employment
- Full time
- Experience
- 4+ years
- Company size
- 1000+
Analyzes complex insurance and estate-planning needs for high-net-worth clients, builds custom illustrations and presentations, and supports wealth-management advisors with tax-effective solutions.
Job Description
What is the opportunity?
A key member of an Estate Planning Specialist’s team within RBC Wealth Management Financial Services, the role of the High-Net-Worth Insurance Analyst is to deliver creative and easy to understand solutions that will allow the insurance sales professionals to meet the customized, advanced planning needs of their high-net-worth clients. In order to effectively assist in the development of customized solutions and fully understand complex client needs, the successful candidate requires strong technical ability along with outstanding communication and presentation software skills. While the High-Net-Worth Insurance Analyst helps contribute to overall team sales through their work, the main purpose of this role is to act as a consultant to the team’s client-facing insurance sales professionals.
What will you do?
- Work in partnership with the Estate Planning Specialist’s team to help develop and close large life insurance cases.
- Prepare illustrations for life insurance products and concepts.
- Prepare custom presentations for large and complex insurance cases.
- Calculate and analyze complicated results from insurance planning opportunities.
- Create unique product presentations and conceptual material to be used with clients to illustrate the value of tax-effective insurance solutions in their wealth planning strategy.
- Conduct research to assist with the development of unique product solutions.
- Transfer knowledge to the Estate Planning Specialist’s team to clearly emphasize the value of a planning recommendation or concept.
- Prepare presentation material to be used in various marketing efforts of the Estate Planning Specialist’s team.
What do you need to succeed?
Must-have
- A minimum of 4 years of professional experience in strategic insurance planning, in estate and tax planning for business owners and professionals, and in using insurance illustration software
- Post-secondary degree in Finance, Actuarial Science, Business Administration, or other related field
- Bilingualism (English and French) required, as you will regularly do business with RBC partners and/or employees across Canada with English and French speaking needs
- Financial security advisor duly registered with the Autorité des marchés financiers (AMF)
- Advanced proficiency in Microsoft 365 apps (Word, Excel, PowerPoint, and Outlook)
Nice-to-have
- Financial planner diploma granted by the Institute of Financial Planning
- Chartered life underwriter (C.L.U.) designation
- Strong analytical and problem-solving skills
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program, including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
Job Skills
Additional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.