Hi all
I have done investment funds in canada(mutual fund license) through INSTITUTE OFCANADIAN BANKERS and also passed LLQP in November-2007,than in April-2008 i had to return back to india for certain circumstances,now i am agin planning to come back to canada and looking for a paid job in finanancial service sector, i would like to know the company who offeres paid job in this sector or can offer base pay+commision
is any body who works in this sector guide me out regarding paid job available in this financial service sector,in India my back ground is sales manager in ceramic tiles field and working with a leading company. before coming to INDIA in April-2008 i have worked with leading investment advisory firm in canada for six months on commission basis
ALSO WOULD LIKE TO KNOW THE SCOPE OF FINANCIAL ADVISOY FIELD IN CANADA AND FURTHER DESIGNATION NEEDS TO BE PERSUED IN THES FIELD
MY BASIC EDUCATION BACK GOROUND IS CIVIL ENGINEERING WITH MBA,HOW EVER I KNOW THAT THIS EDUCATION WILL NOT BE CONSIDERED IN CANADA
HOPIND FOR PROMP REPLIES
THANX
SAM
First find a job that will sustain you here.
Then look for opportunities of getting into a franchise. Here is a : http://www.ilscorp.ca/ Or get into a company that will provide you with an office space to sell the kind of insurance that you are familiar with and on a commission basis. Your LLQP will get you some standing. You will have to write the Provincial Exam and qualify for the Certification. Go to 'wiki' and read up LLQP and you will see the days the Exams are held in different provinces.
http://en.wikipedia.org/wiki/LLQP
You will need some indoctrination into this practicing. If you know no body, then please get back to us. Will find some one suitable to help you. They 'may be' able to provide you with basic salary plus the commission.
You should know at least a few of these companies.: You have experienced the Canadian Markets and have gone through Insurance studies. Pick up some training where ever you are from, from some one in this field, right where you live. Prepare yourself to do your best after the initial training.
Here are the companies: Some might not be suitable due to their locations.
1. ACA Assurance
2. Assumption Life
3. AXA Insurance
4. BMO Life Assurance Company (formerly AIG Life Insurance)
5. Canada Life Insurance Company of Canada
6. Canada Protection Plan
7. Co-operators Life Insurance Company
8. Desjardins Financial Security
9. Empire Life Insurance Company
10. Equitable Life Insurance Company of Canada
11. Great-West Life Assurance Company
12. Industrial - Alliance Life Insurance
13. Industrial Alliance Pacific Life
14. La Capitale
15. Manulife Financial
16. Medavie Blue Cross
17. Primerica Canada Life Insurance
18. RBC Insurance
19. Reliable Life Insurance Company
20. Standard Life Assurance Company
21. Sun Life Assurance Company of Canada
22. Transamerica Life Canada
23. Union of Canada Life Insurance
24. Unity Life of Canada
25. Wawanesa Life Insurance Company
Your knowledge and experience in your field is sufficient to let you do the Insurance field. If you enter into the Mortgage Funds and brokerage field, which you will have to learn from joining them, will put you in a very high bracket. For this you will have to find a college that will provide you with the courses that are required. It many not be many, but you can study and obtain the diploma or a degree that you will need immediately to get started. While all of the above are just a few suggestions, there are other fields that are open to an MBA degree holder, which you can later pursue after returning and going to the International section of Sheridan, Mohawk or Centennial college for a quick introductory course to any of the Financial Advisory field.
When you arrive, settle down for a day and get your library card first. Collect all of the materials from that location on the institutions that you want to get to know.
Talk with some one there and see if there is any special materials that you can get from them. Leaflets hand outs etc., Then take a day or two and prepare your visits to the institutions that you have short listed, to get into and study. They will provide you with guidance at these Colleges. Tell them you will take a week to make a decision. After obtaining their advice, see who is the best out of the lot.
Once you find the line of attack, then, join them and pursue your career that will give you the immediate start, a roof over your head and a loaf of bread on the table. Then get moving. This is what I would ask you to try and accomplish with in the first two weeks.
Freddie.
HI FREDDIE
THANKS FOR YOUR PROMPT REPLY
YOUR GUIDANCE IS INDEED VERY HELP FUL,I WOULD LIKE TO LET U KNOW THAT I HAD ALREADY PASSED PROVINSIAL EXAM IN NOV-07 AND AUTHORISED TO SELL INSURANCE TILL NOV-2009,SO I WILL HAVE TO FIND SOME SPONSERER(INSURANCE COMPANY) TO GET MY LICENCE RENEWED
I DONT KNOW ANY BODY OVER THERE IN INSURANCE FIELD MUCH,SO I AM REALY INTRESTED IN YOUR HELP,IF YOU CAN FIND SOME ONE WHO CAN PROVIDE ME A JOB WITH BASE SALARY+COMMISSION
I ALSO KNOW THAT STATE FIRM HAS BEEN PROVIDING THIS KIND OF OFFER AS WHEN I WAS ABOUT TO COME TO INDIA ,I HAD AN INTERVIEW WITH THIS GUYS BUT COULD HAVE NOT ATTANDED
I AM ALSO INTRESTED TO STUDY FURTHER FOR RIBO LICENCING REQUIREMENT FOR GENERAL INSURANCE AND BROKERAE PURPORSE
I WOULD LIKE TO KNOW YOUR INPUT FOR THE SAME
THANKS AGAIN FOR YOUR VALUABLE GUIDANCE
WITH KIND REGARDS
SAMIR SHAH
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