Wealth Management Product Specialist

Company: CLIC
Department: Individual Insurance and Wealth Management
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our Individual Insurance, Individual Wealth Management, and Group Retirement & Savings teams deliver products and services that provide financial security to Canadians. Along with our distribution partners, we help our clients with some of their most important needs: protecting their families’ lifestyle in the event of a death, disability or illness; reaching their saving goals; and building a secure and comfortable retirement. We operate with a high level of trust, integrity, and inclusivity to produce positive impacts for all our stakeholders.

The Wealth Management Product Specialist Product Specialist supports in the development and application of knowledge of wealth management products and processes, with a particular focus on group annuities. This role is responsible for driving the implementation process for group annuities, while maintaining strong relationships with consultants and other business partners. This individual will work closely with their team to coordinate and complete implementation work. The Product Specialist will have a strong working knowledge of wealth management products and will be able to advise the team regarding product-specific knowledge and help develop the product knowledge of actuarial students on the team as they rotate in.

How you will create impact: 

• Driving implementation work with consultants and internal teams


• Contract drafting and negotiations which involve working with consultants and our legal team to create custom contracts that capture specific plan provisions as well as negotiating wording of various technical and regulatory elements within contracts


• Welcome letter drafting, discussions, and coordination including partnering with consultants to develop custom welcome letters that accurately capture complex plan provisions


• Leverage technical knowledge and technical writing skills to create, maintain, and update documentation for deferred annuities, indexation, and buy-in tracking


• Completing consultant questionnaires by leveraging product and process expertise to provide in-depth and accurate responses


• Responding to requests for information from consultants which often require an in-depth understanding of our group annuity quoting and implementation processes


• Independently complete market research into wealth management product features and develop/create summaries



• Be a key source of knowledge and expertise for general wealth management product inquiries

To join our team:

• You have 2-4 years of experience in the wealth management industry.


• You have a professional designation in life or wealth would be considered an asset.


• You have developing knowledge of wealth management products such as: group annuities, group retirement, individual annuities and segregated funds, with the ability to apply this knowledge to support day-to-day work.


• You are self-motivated and able to hold oneself accountable for completing work.


• You have the ability to draft and update client-facing documents (e.g Contracts, welcome letters, annuity certificates) using strong technical writing skills.


• You have the proficiency with Microsoft Office tools (Word, Excel, PowerPoint) to create, maintain and update required documents and reference materials.


• You have strong organizational skills to support coordinating multiple tasks, timelines, and parties involved in group annuity processes.


• You have developing knowledge of quoting, onboarding and contract- finalization processes for group annuities.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.


• You leverage critical thinking skills to identify problems and proactively propose solutions.


• Your strong communication skills allow you to clearly convey messages.


• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.


• Flexible work options and paid time off to support your personal and family needs.


• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.


• Paid volunteer days to give back to your community.


• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

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Expected salary/hourly range $60,574 - $100,956  ​

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education. ​​

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics. ​

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