Canada Life Assurance Company

Current Career Opportunities

The following are our current career opportunities.

 

Click on the job title for details of the role. If you are interested in the role and you meet the qualifications, we invite you to apply for the opportunity from the page that opens.

 

Providing this information gives Canada Life consent to use your personal information to assess your suitability for specific positions or future opportunities. Your résumé will be held in strict confidence, and may be viewed only by the Organization. The information will also be used to register you with ICIMS, who may use it for aggregate statistical purposes only (which uses no personal identification).

 

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Job Locations CA-ON-London
Posted Date 4 days ago(5/29/2020 5:04 PM)
  Role Description Canada Life, one of Canada’s leading life insurance and financial services companies, is seeking actuarial analysts with strong achievements in both their academic studies and Society of Actuaries exams to join our Actuarial Resource Pool. The purpose of the Actuarial Resource Pool is to allow aspiring Actuaries to gain a wide variety of exposure to different areas in the company through bi-annual rotations while they progress toward their Fellowship in the Society of Actuaries and Canadian Institute of Actuaries. As an Actuarial Analyst you are a key member of a highly respected, professional, actuarial team and will have an opportunity to work in the following possible areas:   - Pricing & Product Development - Valuation - Enterprise Risk Management - Reinsurance - Model Development & Analytics - Risk Research - Corporate Actuarial - Internal Audit - Finance   We offer a friendly, supportive work environment, one that rewards initiative and commitment. As an insurance and financial services leader, we know the requirements for obtaining your Fellowship designation with the Society of Actuaries as well as the Canadian Institute of Actuaries are unique and challenging. We provide an environment that promotes a balance between work, education and a personal life throughout the qualification process.   The Actuarial Program provides study time and study materials, and covers exam fees. Employees have access to our exceptional cafeteria, outdoor recreational facilities (tennis, baseball and volleyball) and an on-site fitness centre. Members of our Actuarial Resource Pool participate in a variety of team building activities, conferences, and professional development activities that help to strengthen the skills and knowledge of our employees and build strong relationships among our Actuarial staff.     Qualifications and Competencies: - University degree (preferably with a major in Actuarial Science, Mathematics, Statistics or Finance) - Near ASA or ACIA required (must have at least 5 preliminary examinations) - 1 to 2 years of relative work experience - Strong achievements in academic studies - Demonstrated commitment to passing Society of Actuaries exams - Innovative problem-solver - Excellent communication, interpersonal and leadership skills - Well organized, delivering accurate work with an attention to detail, in a timely manner - Team player who is also comfortable working independently - Advanced Excel, Word, VBA and MS Access skills - GGY AXIS experience is desired   Our people are the face of our organization, and we encourage and support the community-minded volunteer efforts of our staff and financial security advisors. By combining our financial strength and the volunteer spirit of our staff with a firm commitment to the communities where we live and work, we are all building stronger communities together.   Positions are available in London, Ontario, an affordable and relaxed city in Southwestern Ontario. The city is home to many festivals, including Sunfest (the second biggest world music festival), the London Fringe Theatre Festival, the Expressions in Chalk Street Painting Festival, Rock the Park, Western Fair, the London Ontario Live Arts Festival (LOLA) and The International Food Festival.    Our Story     Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.     As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.      Discover your opportunity….Apply today!    Canada Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities.  If you’d like to join our team submit your information online and introduce yourself.     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.        Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted 
Job ID
2020-19236
Job Locations CA-ON-London
Posted Date 2 weeks ago(5/21/2020 2:46 PM)
  Role Description Are you interested in taking the next step in your career?  If so, we have the next challenge in your career.   This role leads a team that is responsible for the product development and pricing of participating life insurance policies balancing market competitiveness with profitability when developing new par products.  This role is also responsible for calculations related to par products for illustrations and administration systems, including tax testing to ensure par calculations are accurate on our various systems and illustration tools.   Accountabilities: - Develop and price individual life participating products, including assumption review, profitability analysis and system implementation - Understand the impact of IFRS on par products and features as well as impacts to profitability - Work closely with the Model Development team to ensure the accuracy of illustration calculations - Update pricing profitability models on an annual basis and report results to senior management - Review all par exception requests from New Business and Client Service and develop solutions on policy requests - Responsible for tax testing calculations to ensure systems are accurate and complete - Monitor par new sales and inforce changes, such as RPU election rates - Support miscellaneous projects as required - Responsible for the leadership and development of a team, largely actuarial staff   Qualifications and Competencies: - FSA and FCIA, Fellow of the Canadian Institute of Actuaries   - 7-10 years relevant experience - Strong analytical, problem solving and decision-making abilities - Competency in Microsoft office (Excel, Access, Word, PowerPoint, Outlook) - AXIS skills are an asset - Strong organizational and time management skills with the ability to handle multiple tasks while meeting tight deadlines - Ability to develop and maintain collaborative working relationships - Excellent communication skills both orally and written - Ability to work well in a team environment and independently - Ability to lead and develop a team   Our Story     Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.     As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.      Discover your opportunity….Apply today!    Canada Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities.  If you’d like to join our team submit your information online and introduce yourself.     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.        Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted  #Ll-KK1
Job ID
2020-19225
Job Locations CA-ON-Toronto | CA-ON-London | CA-MB-Winnipeg
Posted Date 2 weeks ago(5/20/2020 2:44 PM)
  Role Description Reporting to the Director, the Manager, Model Validation, Enterprise Risk Management, will play a key role in the growing model validation function of the company’s risk area. The incumbent will take the lead on managing and executing assigned model validation reviews.  Ideally, the position can be located either in Toronto, London and Winnipeg. The incumbent will lead the validation of complex models, developed by other areas of the company.  This includes: - Researching the conceptual soundness of methodology underlying the models validated with comparison to standard techniques used in the industry  - Communicating the results of model validation analysis with key stakeholders - Communication of best practices in model risk management and development in the company   Required Experience: - Managerial experience - Leading independent projects. Experience leading independent projects including the development of insurance and market models is strongly desired. Experience specifically in model validation and/or peer review process is considered an asset. - Insurance Risk Management - Minimum of 5 years of work experience with a minimum of 2 years of experience in the quantitative insurance risk management and/or model development within the financial services industry. - Experience with stochastic modeling is strongly desired. - Software Development / Tools - Hands-on experience on tools used in the company: AXIS, Access, Excel and Prophet are considered an asset.   Required Skills: - Management skills: Must be able to manage large projects and meet delivery commitments. - Insurance risk and math finance expertise: In-depth knowledge of insurance risk management, as well as a good understanding of products offered in the insurance industry. - Technical and programming skills:  Must be able to learn new platforms and models quickly for the different models being validated, including the replication of complex model calculations from first principles. - Interpersonal and communication skills:  Must be able to clearly communicate complex results to others through written model validation reports and interaction with model owners.  - People skills: Must be able to manage relationships with model owners, and the ability to work well in a cross-functional team.   Qualifications: University degree in a quantitative field such as Actuarial Science, Math, Statistics, Computational Finance or Engineering. The FSA, FCIA designation is strongly desired while the CERA designation would be considered an asset.   Our Story     Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.     As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.      Discover your opportunity….Apply today!    Canada Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities.  If you’d like to join our team submit your information online and introduce yourself.     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.        Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted  #Ll-KK1
Job ID
2020-19216