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Canada Life Assurance Company, The
Canada Life team members connect at a networking event  

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

Here are some of the reasons why Canada Life Assurance Company, The was selected as one of Manitoba's Top Employers (2025):

  • Canada Life supports a formal Workplace Strategies for Mental Health initiative, offering free tools, training materials and resources for employees -- the organization also offers generous mental health practitioner coverage (to $5,000 annually) as part of their health benefits plan
  • Canada Life recently renovated its head office to adapt to evolving work styles, creating more collaborative and flexible spaces -- when in office, employees can take advantage of a variety of amenities, including free access to an on-site fitness facility and healthy and special diet menus at the cafeteria
  • Canada Life supports ongoing employee development through its in-house "People Zone Learning" management system that offers employees access to range of resources, from onboarding and regulatory courses to personal development programs -- employees also have access to Percipio, an online learning portal with over 6,000 courses, thousands of videos and over 11,000 e-books and audiobooks
Canada Life team members participate in an employee engagement activity  

    Highlights

    Industry Direct life insurance carriers
    Established in Canada 1847
    Publicly traded yes
    Parent company Great-West Lifeco Inc.
    Parent company head office Winnipeg MB
    Major Canadian locations Winnipeg MB, London ON, Toronto ON, Montréal QC, Regina SK
    Full-time employees in Canada 12,891
    Part-time employees in Canada 171
    Average age of employees in Canada 42.04 years
    Longest serving employee 47.5 years
    Flexible work options hybrid work option, flexible work hours, compressed work week, shortened work week (fewer hours with less pay), telecommuting
    Long-term savings defined-contribution (DC) pension
    Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
    Mental health practitioner benefit up to $5,000 each year
    Maternity top-up (mothers) up to 80% of salary for 15 weeks
    Parental top-up (mothers) up to 80% of salary for 10 weeks
    Parental top-up (fathers) up to 80% of salary for 10 weeks
    Adoption top-up up to 80% of salary for 10 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 apprenticeship/skilled trades programs, in-house training, online training, mentoring, leadership development programs, paid internships
    Related tuition subsidies employer covers up to 100% of tuition per year
    Annual tuition maximum employer pays up to $2,000 in tuition subsidies for job-related courses per year
    Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day)

    Recognized as one of Canada's Top Employers for Young People (2025):

    Here are some of the reasons why Canada Life Assurance Company, The was selected as one of Canada's Top Employers for Young People (2025):

    • Canada Life maintains a rotational new graduate program for actuarial students pursuing their Fellowship of Canadian Institute of Actuaries, rotating through roles in various areas every two years -- students receive paid time off to study, reimbursement for exam fees and study materials, and access to Canada Life's on-site actuarial libraries
    • Through the 24-month Emerging Leaders Program, Canada Life provides new graduates with accelerated leadership development opportunities and broad exposure to the organization through rotations across lines of business -- each rotation lasts eight months and includes sponsorship from key senior leadership, with activities including leadership self-assessments, opportunities to provide recommendations for real business problems, and participation in internal workshops on topics such as trust, change, team building and coaching
    • Canada Life recently launched a formal student engagement program to support students and new graduates for the first four months of their employment, coordinating events such as a formal welcome from the President and COO, panel discussions with key leaders to provide an overview of Canada Life's business lines, and various in-person social connection opportunities
    Canada Life employees attend a job fair  

      Highlights

      Industry Direct life insurance carriers
      Major Canadian locations Winnipeg MB, London ON, Toronto ON, Montréal QC, Regina SK
      Full-time employees in Canada 12,891
      Student opportunities summer jobs, co-op opportunities, paid internships
      In-house training programs orientation program, in-house training, online training, mentoring, apprenticeship/skilled trades programs
      Related tuition subsidies employer covers up to 100% of tuition per year
      Annual tuition maximum employer pays up to $2,000 in tuition subsidies for job-related courses per year
      Unique training and development opportunities rotational program for CPA students (includes 1-on-1 coaching to prepare for the Common Final Examination), 4-month co-op and internships (roles in technology, accounting/finance, actuarial), actuarial new graduate rotational program (participants receive paid time off to study, reimbursement for exam fees and study materials)
      Additional highlights 24-month Emerging Leaders Program provides accelerated leadership development to develop the next generation of Canada Life leaders
      Dedicated employee resource group Young Professionals ERG focused on career development, networking, mentorship and community
      Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

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

      Here are some of the reasons why Canada Life Assurance Company, The was selected as one of Canada's Greenest Employers (2025):

      • Canada Life works with Microsoft and Computers for Success Canada, donating end-of-cycle devices to the Computers for Schools Plus program -- nearly 3,000 laptops have been donated to schools in Manitoba and Ontario since 2020
      • Canada Life worked with MicroHabitat to create a 500 square foot urban farm rooftop garden at its historic 330 University Avenue location in Toronto, with the vegetable harvest collected for donation to local food banks
      • Canada Life maintains numerous initiatives to reduce energy consumption, water usage, greenhouse gas emissions and waste generation across the company, and recently conducted decarbonization studies at its Toronto and Regina offices to find strategies to further reduce emissions
      Canada Life employees plant trees in their local community  

        Highlights

        Industry Direct life insurance carriers
        Major Canadian locations Winnipeg MB, London ON, Toronto ON, Montréal QC, Regina SK
        Full-time employees in Canada 12,891
        Part-time employees in Canada 171
        Employee green team corporate properties sustainability working group
        Senior executive to oversee initiatives yes
        Publishes sustainability report yes
        Green highlights numerous initiatives to reduce energy consumption, waste creation, water usage and greenhouse gas emissions across its many locations across the country, recently completed decarbonization studies at Toronto and Regina head offices to further reduce emissions
        Noteworthy initiatives Green Standards (partnership to resell and recycle used office furniture with revenues generated donated to local community organizations; since 2009 over 145 projects have diverted tonnes of material from landfills)
        Building footprint includes PV solar panels, green roof, geothermal heating/cooling, electric vehicle charging stations, green roofs (London and Winnipeg), solar-powered EV charging stations, LED lighting and other energy-savings retrofits across numerous properties
        Commuter amenities walk to public transit, secure/sheltered bicycle parking
        Community partnerships Microsoft and Computers for Success Canada (donates end-of-cycle devices to the Computers for Schools Plus program, donating nearly 3,000 laptops to schools in Manitoba and Ontario), Nature Conservancy of Canada (supports Nature Talks speaker series), Earth Rangers (educational program children and their families), International Institute for Sustainable Development, MicroHabitat (created urban farm rooftop garden at the 330 University Avenue location in Toronto with all harvests donated to local food banks), Forest Stewardship Council

        The Career Directory

        Canada Life Assurance Company, The has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.

        Highlights for New Grads

        Industry Direct life insurance carriers
        Full-time employees in Canada 10,001 to 25,000
        Parent company Great-West Lifeco Inc.
        Parent company head office Winnipeg MB
        Major Canadian locations Winnipeg MB, London ON, Toronto ON, Montréal QC, Regina SK
        Student opportunities paid internships, summer jobs, co-op opportunities
        Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring
        Annual tuition maximum employer pays up to $2,000 in tuition subsidies for job-related courses per year
        Typical new grad positions Graduates would occupy roles in finance, actuary, technology and digital strategy.
        Starting salary $40K to $45K
        Work benefits health benefits for new employees, flexible work hours, telecommuting, employees receive paid time off to volunteer
        Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

        Academic fields recruited

        Recruits at these schools


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