Director, Insured Solutions Platform

Job Summary

Job Description

What is the opportunity?

As a Director, of the Insured Solutions Platform along with the segment lead for business owners, you will play a key leadership role as the platform and business manager, for the comprehensive insurance and annuities platform along with build-out and packaging of RBC's business owner capabilities. This includes representing RBC Wealth Management as one of the Designated Responsible Licensed Professionals and willingness to obtain necessary licenses to do so. You will have a pivotal role in advancing and executing the strategic vision, growth of the business and managing the product set and related technology platforms. This includes overseeing the vast in-force book of business along with managing the risk and regulatory aspects of the business. You will be responsible for overseeing the insurance and annuity provider platform and working closely with their relationship managers to hit growth targets and manage the existing book of business. You will play a key role in managing the insured solutions complex product platform which includes private placement, structured annuities and non-qualified compensation benefits. Working closely with other internal and external partners, lead the growth of the business owner segment and realize the opportunity with succession planning. Represent Insured Solutions and growth in both the business owner and UHNW (Echelon) segments.

As a member of the Senior Leadership team, you will work with other leaders and RBC's distribution partners to promote the platform and drive growth. You will work closely with your business partners to ensure the platform is effective, positioned for growth and compliant. This includes Operations, Licensing, Technology, Marketing, Communications, Risk, Supervision and Compliance. Manage and supervise your team. Represent RBC Wealth Management with the industry and benchmark for competitiveness.

Key Relationships

• Key leader within the Wealth Planning, Insured and Trust Solutions Group - One Team, One Vision, One Mission. We all support each other for our shared purpose: We strive to be the industry's best wealth planning and needs based solutions group supporting each other, our advisors, and their clients.
• Members of the client strategies team (CST)
• Branch and Complex field leaders, advisors, serve as a senior leader advocate for the team in your home Division
• Project Delivery Office
• Technology
• Marketing & Communications
• Operations, Compliance, Risk Supervision
• 30+ insurance carrier product partners and General Agents

What will you do?

• Work closely with the Head of the Wealth Planning and Insured Solutions to develop and execute business strategies, grow the business, manage risk and aligned with organizational goals.
• Advance and execute the strategic growth of the business lines.
• Drive initiatives to enhance market competitiveness and foster long-term sustainability.
• Provide strategic direction for operational efficiency, process improvement and technology advancement.
• Collaborate with cross-functional teams to optimize workflows and enhance productivity.
• Implement best practices to streamline internal processes and enhance overall business performance.
• Articulate platform vision, define scope, and provide direction for teams to deliver product, platform improvements and technologies to provide a best-in-class experience at RBCWM-U.S.
• Collaborate with client-facing teams and distribution partners to grow the business to exceed annual goals.
• Identify opportunities to improve client experience and drive client-centric initiatives.
• Work with Stakeholders to gain alignment and improve the overall platform.
• Implement cost-effective measures and revenue-generating strategies, proactively manage the department and platform P&L
• Able to Travel as Needed: 25%+

What do you need to succeed?

Must-have

• Bachelor's degree or equivalent; 15+ years of related experience
• Series 7 and 66 licenses, insurance license and DRLP eligibility
• Excellent oral and written communication skills including advanced presentation skills
• Strong analytical skills and attention to detail
• Ability to provide support as a subject-matter expert
• Experience working with internal or external product development and distribution teams
• Experience in product management/development, strategy and/or related position in a consumer-oriented, technology-dependent environment in financial services or related industries.
• Strategic visionary with strong execution skills
• Experience in the business owner segment and related workplace solutions

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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Skills

Communication, Critical Thinking, Group Problem Solving, Knowledge Organization, Long Term Planning, Product Development Lifecycle, Product Manufacturing, Product Services, Product Testing, Project Management

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-01-17

Application Deadline:

2024-04-16

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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 jobs.rbc.com.