08 Nov
|
All-Risks Insurance Brokers
|
Canada
08 Nov
All-Risks Insurance Brokers
Canada
We are looking for someone with robust insurance industry experience, sound professional judgment, leadership capabilities, and an entrepreneurial mindset.
Key Responsibilities
- Serve as the designated Principal Broker, subject to RIBO approval and applicable regulatory requirements.
- Oversee brokerage operations and ensure compliance with RIBO rules, regulations, and professional standards.
- Assist with establishing the brokerage's initial operations, policies, procedures, and internal controls.
- Support the development of insurer relationships and insurance market appointments.
- Recruit, train, mentor, and supervise licensed insurance producers.
- Provide technical insurance guidance on personal and commercial insurance products.
- Oversee insurance placement, client documentation, complaint handling, and regulatory reporting.
- Implement and maintain appropriate brokerage management systems and compliance procedures.
- Work closely with ownership to develop sustainable growth strategies, sales processes, and performance objectives.
- Support business development and client acquisition, including personally producing insurance business where mutually agreed.
Required Qualifications
- Active RIBO Level 3 licence in good standing, with eligibility to serve as Principal Broker in Ontario.
- Minimum 3 - 5 years of experience in the property and casualty insurance industry, preferably within an Ontario brokerage.
- Demonstrated experience in brokerage management, supervision, compliance, or insurance operations.
- Strong understanding of RIBO regulations and Principal Broker responsibilities.
- Knowledge of personal and/or commercial insurance products and underwriting requirements.
- Excellent organizational, communication, and leadership skills.
- Ability to work independently and establish effective operational processes.
- Willingness and eligibility to serve as an officer or director of the brokerage corporation as required for the Principal Broker designation.
Preferred Qualifications
- Previous experience serving as a Principal Broker, Deputy Principal Broker, or senior brokerage manager.
- Experience establishing or expanding insurance brokerage operations.
- Existing professional relationships with Canadian property and casualty insurers.
- Proven ability to recruit, train, and develop successful insurance producers.
- Experience with commercial insurance, including small and medium-sized businesses.
- Familiarity with brokerage management systems, CRM software, and workflow automation.
- CAIB, CIP, FCIP, or other relevant insurance industry designations.
Compensation and Opportunities
- Competitive annual base salary of $110,000–$140,000, commensurate with experience.
- Potential performance-based incentives tied to agreed business and operational milestones.
- Additional producer commissions where personally generated business is part of the role.
- Hybrid working arrangements,
subject to operational and regulatory requirements.
- Opportunity to help shape the direction and growth of a new independent brokerage.
- Direct involvement in leadership decisions, team development, and long-term business strategy.
Who We're Looking For
Our ideal candidate is an experienced insurance professional who combines strong regulatory knowledge with business leadership and commercial judgment.
You should be comfortable taking ownership of the day-to-day supervision and compliance responsibilities of a brokerage while working collaboratively with the founder to build a successful business.
We value integrity, accountability, initiative, and a long-term approach to client relationships.
How to Apply
Please submit your resume and a brief introduction outlining your experience in the insurance industry.
In your application, please include:
- Your current RIBO licensing status.
- Your experience supervising insurance brokers or managing brokerage operations.
- Whether you have previously served as a Principal Broker.
- Your experience developing insurer relationships and supporting business growth.
- Your compensation expectations and general availability.
Qualified applicants will be contacted to discuss the opportunity further.
We are committed to fair and equitable hiring practices and welcome applications from qualified candidates of all backgrounds.
Pay: $110,000.00-$140,000.00 per year
Benefits:
- Casual dress
- Company events
- Company pension
- Dental care
- Disability insurance
- RRSP match
- Tuition reimbursement
- Work from home
Work Location: Remote
📌 Principal Broker (RIBO Level 3) (Canada)
🏢 All-Risks Insurance Brokers
📍 Canada