Assumption Mutual Life Insurance Company
Assumption Mutual Life employees receive awards at the organization's annual recognition ceremony  

Recognized as one of Atlantic Canada's Top Employers (2025):

Here are some of the reasons why Assumption Mutual Life Insurance Company was selected as one of Atlantic Canada's Top Employers (2025):

  • Assumption Mutual Life contributed approximately 1,200 volunteer hours on company time in the past year, directing support to organizations related to arts and culture, health, education, and socio-economic issues
  • Assumption Mutual Life promotes employee well-being by offering physical health evaluations, subsidized access to an on-site fitness facility (with yoga and boot camp classes), and coverage for mental health practitioners as part of its benefits plan (to $2,500 per year)
  • Assumption Mutual Life helps employees transition to new roles with phased-in return to work after parental leave and three paid family responsibility days per year -- in addition, the organization provides maternity and parental leave top-ups for new mothers and adoptive parents (to 75 per cent of salary for 17 weeks)
Assumption Mutual Life team members organize a golf tournament  

    Highlights

    Industry Insurance, retirement savings and mortgages
    Established in Canada 1903
    Major Canadian locations Moncton NB
    Full-time employees in Canada 257
    Part-time employees in Canada 8
    Average age of employees in Canada 41.7 years
    Longest serving employee 42 years
    Flexible work options hybrid work option, flexible work hours, compressed work week, shortened work week (fewer hours with less pay)
    Long-term savings defined-contribution (DC) pension
    Health plan premium as part of the health plan, the employer pays up to 55% of the premiums
    Mental health practitioner benefit up to $2,500 each year
    Maternity top-up (mothers) up to 75% of salary for 17 weeks
    Adoption top-up up to 75% of salary for 17 weeks
    Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
    Outside survey period outside consultant surveys are held every 12 months
    Employee performance reviews employees receive individual performance reviews every 6 months
    In-house training initiatives in-house training, online training, leadership development programs, paid internships
    Related tuition subsidies employer covers up to 75% of tuition per year
    Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day)

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