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Canada Life Assurance Company, The
Canada Life employees  

Recognized as one of Manitoba's Top Employers (2024):

Here are some of the reasons why Canada Life Assurance Company, The was selected as one of Manitoba's Top Employers (2024):

  • Canada Life encourages employees to support the initiatives in their communities that matter to them through a unique community volunteer grant program -- the program supports employee volunteerism with financial donations from $500 to $1,000 for every 25 to 50 volunteers hours provided
  • Canada Life supports all aspects of health through a formal Workplace Strategies for Mental Health initiative that includes free tools and training materials and resources for employees -- and also offers generous mental health practitioner coverage (to $5,000 annually) as part of their health benefits plan
  • 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 programs and regulatory courses to personal development programs -- and through the Percipio online learning portal, employees have access to over 6,000 courses, thousands of videos and over 11,000 e-books and audiobooks
Staff at Canada Life  

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 10,982
Part-time employees in Canada 190
Average age of employees in Canada 42.75 years
Longest serving employee 47 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 70% of the premiums
Wellness spending account up to $400 each year
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 Greenest Employers (2024):

Here are some of the reasons why Canada Life Assurance Company, The was selected as one of Canada's Greenest Employers (2024):

  • Canada Life’s head office properties have achieved Gold-level LEED and/or BOMA certifications (over 86 per cent of its subsidiary Great-West Life Realty Advisors' building portfolio has received one or more green building certifications) -- there are numerous initiatives to reduce energy consumption, water usage, greenhouse gas emissions and waste generation across the company
  • Canada Life works with Microsoft and Computers for Success Canada, donating end-of-cycle devices to the Computers for Schools Plus program -- nearly 2,000 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 -- the garden's harvest included flowers, tomatoes, peppers, eggplants, onions, radishes, carrots and herbs, leading to nearly 300 pounds of produce donation to local food banks
Canada Life team members  

Highlights

Industry Direct life insurance carriers
Major Canadian locations Winnipeg MB, London ON, Toronto ON, Montréal QC, Regina SK
Full-time employees in Canada 10,982
Part-time employees in Canada 190
Employee green team corporate properties sustainability working group
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
Noteworthy initiatives Green Standards (partnership to resell and recycle used office furniture with revenues generated donated to local community organizations; since 2009 over 135 projects have diverted tonnes of material from landfills)
Building footprint includes PV solar panels, green roof, electric vehicle charging stations, green roofs (London and Winnipeg), solar-powered EV charging stations, LED lighting and other energy-savings retrofits across numerous properties, Canada Life’s head office properties have achieved Gold-level LEED and/or BOMA certifications (over 86% of subsidiary Great-West Life Realty Advisors' building portfolio had one or more green building certifications)
Commuter amenities walk to public transit, secure/sheltered bicycle parking
Community partnerships MicroHabitat (created urban farm rooftop garden at the 330 University Avenue location in Toronto with nearly 300 pounds of produce donated to local food banks), Microsoft and Computers for Success Canada (donates end-of-cycle devices to the Computers for Schools Plus program, donating nearly 2,000 laptops to schools in Manitoba and Ontario), Nature Conservancy of Canada (Big Backyard BioBlitz educational program), Earth Rangers (educational program children and their families), International Institute for Sustainable Development

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, in-house career planning services
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 Finance, Actuarial, Technology and Digital Strategy roles and various Management positions.
Starting salary $40K to $45K
Work benefits health benefits for new employees, flexible work hours, telecommuting, employees receive paid time off to volunteer, (up to 1 paid day)
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job

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