Manager, Internal Audit

Job Locations CA-MB-Winnipeg | CA-ON-London | CA-ON-London
Posted Date 1 week ago(9/18/2023 3:38 PM)
Job ID
Job Location 1 : Location
Canada Life Assurance Company
Job Category
Job Type
Full Time
Job Industry
Financial Services and Banking, Insurance
Career Level
Experienced, Management
Posted End Date

Job Description

We are looking for a Manager, Internal Audit.


It’s an exciting time to join Internal Audit at Canada Life.  Our business is evolving, which means our team needs to as well.  We are re-defining the stakeholder experience and the vision to provide insights to our business partners beyond assurance, and as such we need dynamic leaders to drive this evolution. 


Role Description:


Reporting to Internal Audit Director, the successful candidate, will be responsible for effective management and delivery of a portfolio of internal audit engagements.  As the Manager, you will co-develop the audit plan through participation in risk assessment and ongoing monitoring activities, adjusting as required to meet the evolving needs of the organization and Audit Committee.


You will lead a team of Audit Professionals in developing and executing detailed audit plans that identify and assess risk, evaluate internal controls, identify improvement opportunities and work with business partners to ensure appropriate risk mitigation. In addition, you will be responsible for communicating findings to management, coaching, and developing audit staff and cultivating business relationships. As part of a team committed to innovation and continuous improvement, you will take part in establishing new ways of working and support delivery of internal process improvement initiatives.


 What you will bring


A proven track record applying the following capabilities and behaviors to deliver insights and develop high-performing teams:


Strong leadership capabilities, including demonstrated ability to:

  • Motivate and lead people by communicating a clear vision, establishing goals, measuring performance, and providing constructive feedback with encouragement
  • Enable change by understanding and communicating the reasons for change, while maintaining a positive tone and engaging team members to provide support
  • Encourage innovation and continuous improvement by empowering the team and encouraging open dialogue and feedback
  • Models effective verbal and written communication behaviors
  • Develop meaningful and mutually beneficial relationships with business partners, team members and other stakeholders, and identify opportunities for collaboration

Strong working knowledge of governance, risk, control frameworks and audit methodologies, including demonstrated ability to:

  • Evaluate Management's risk-taking posture and awareness of the risks associated with their area
  • Apply knowledge of internal audit methodology, and drive adherence to guidance to ensure quality
  • Challenge processes and procedures to reflect governance best practice 

Effective engagement delivery practices, including demonstrated ability to:

  • Lead a portfolio of audits ranging in size and complexity, while meeting milestones and quality standards
  • Perform risk assessments to conduct the appropriate type of engagement (assurance vs advisory) based on the risk assessment and business need
  • Coordinate with the audit client on the audit's approach, objectives, and scope
  • Evaluate audit evidence quality and sufficiency in support of findings
  • Draft the audit report including alignment with management on appropriateness of action plans and timelines for remediation activities
  • Communicate the results of audit work to specified standards, and use frequent communication and to ensure timely validation and remediation by Management

Data, benchmarking, and visualization, including demonstrated ability to:

  • Identify and utilize high-quality internal and external risk and compliance data sources, benchmarking, and market insights for use in projects, risk assessments and audit testing to maximize coverage and improve audit observations.
  • Leverage data and visualizations to report on results and craft compelling messages

Required Qualifications and Competencies:

  • University degree in Business Administration, Accounting, Finance, Risk Management, or another related field
  • 7+ years progressive professional experience
  • A recognized accounting or audit designation (e.g., CPA, CIA)


  • Experience working in Financial Institutions, including insurance, wealth management, and investment would be an asset


Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto, London, Winnipeg. 


Be your best at Canada Life- Apply today!


Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.


You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.


Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing. 


Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 


We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 


It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact


Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted 




Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed