Compliance Specialist, Distribution
Job Description
Welcome to ivari
Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.
ivari is part of Sagicor Financial Corporation, a leading financial services provider with over 185 years of history operating across the Caribbean, US, and Canada. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.
At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.
Here’s the job opportunity…
The Compliance Specialist, Distribution is an existing role where you will be responsible for supporting the Distribution Compliance program through conducting pro-active licensed agents’ reviews, data, and trends analysis. You will ensure all assigned reviews of licensed agents’ market conduct and sales practices are handled in a professional, objective, and factual manner in accordance with regulatory requirements, fair treatment obligations and ivari policies.
As a Compliance Specialist, Distribution you will …
- Gather information and conduct impartial, independent, and objective review of licensed agents’ market conduct and sales practices, to verify that they align to regulatory requirements and ivari contracts
- Conduct reviews and evaluation of unusual activities reported to Compliance department
- Maintain a high level of expertise in regulations, directives and guidance which apply to ivari licensed agents
- Conduct investigations (where necessary) and make appropriate recommendations based on findings
- Ensure effective and timely communications with stakeholders on reviews conducted, including courses of action, outcomes, associated risks and recommendations
- Prepare report or substantive response letters for reviews or compliance programs completed
- Monitor licensed agents’ corrective and remedial action plans
- Assist in review of escalated complaints on licensed agents’ market conduct or sales practices in accordance with regulatory obligations, fair treatment and ivari rules
- Monitor and analyze trends in licensed agents’ conduct to recommend proactive measures for risk mitigation strategies to management
- Perform any ad-hoc requests as necessary
What we are looking for…
- Post-secondary education that would align with the position
- Minimum 3 years’ experience in a compliance role in the financial services industry at a bank, insurance company, or securities firm
- Understanding of insurance activities, products, and practices
- Strong verbal and written communication skills
- Strong analytical skills to make rational and logical deductions at times with limited information
- Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner
- Current knowledge of regulations including relevant insurance policies and regulatory notices, applicable provincial and territorial rules, and regulations
- Bilingual in English and French is an asset, but not mandatory
- Proficiency in MS Excel, Word, Outlook, and PowerPoint
- Technical knowledge and skill/ability with information and data management related tools
What we pay…
Salary Range: $70,000 – 90,000
What's in it for you
At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.
We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…
- A fantastic vacation plan and time off
- A pension plan with 100% match by ivari
- Employee savings plan with 75% match to help you save even more
- Flexible and hybrid work arrangements
- Opportunities for professional development
- Recognition programs to cheer you on, motivate and reward
- Wellness programs to keep you healthy and happy
Who you are…
Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of…
- Bringing clarity and focus to your work
- Taking ownership and doing what you say you will
- Remaining flexible
- Collaborating with others
Does this sound like you? We’re looking for great people to join our team!
Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.
To apply, please email your resume to: [email protected]
A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email [email protected].
** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants