Canada Life Assurance Company, The
Canada Life employees sign purpose statement banners  

Recognized as one of Manitoba's Top Employers (2022):

Here are some of the reasons why Canada Life Assurance Company, The was selected as one of Manitoba's Top Employers (2022):

  • Canada Life encourages a holistic approach to employee well-being, offering a wellness spending account (to $600 annually) and a mental health practitioner benefit (to $5,000) as part of its health benefits plan
  • Additionally, the company reinstated benefit maximums for an interim 6-month period in June 2020, doubling the amount of health and dental coverage available to employees
  • Canada Life encourages ongoing employee development through online and in-house training programs, subsidies for professional accreditation and tuition subsidies for courses both related and not directly related to their current position (up to $2,000 annually)
Employee organizes donations collected through Canada Life's school supply drive  

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 hiring locations Winnipeg MB, London ON, Toronto ON, Montréal QC, Regina SK
Full-time employees in Canada 10,734
Part-time employees in Canada 190
Average age of employees in Canada 42 years
Longest serving employee 45 years
Long-term savings defined-contribution (DC) pension
Health plan premium as part of the health plan, the employer pays up to 73% 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 (fathers) up to 80% of salary for 10 weeks
Adoption top-up up to 80% of salary for 10 weeks
Flexible work options flexible work hours, shortened work week (fewer hours with less pay), compressed work week, telecommuting
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, paid internships
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)

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 hiring 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

Academic fields recruited

Recruits at these schools


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