Associate Manager, Advisor Compliance

Permanent Full Time 

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As part of the Advisor Compliance team this role helps to ensure advisors in our various insurance distribution channels meet their compliance obligations.  This is accomplished through drafting and implementing policies, procedures, processes and solutions to meet insurance obligations.

This role works closely with business units, Corporate Compliance, Advisors, MGA’s, Internal Audit and legal to ensure solutions are accurately designed, effectively implemented and operating.

What you will do 

Provide deep subject matter expert:

• Triage new regulatory and legislative requirements to determine impact to CL advisor processes and to advisor practices
• Build and maintain subject matter expertise on key compliance areas (i.e privacy, anti-money laundering, licensing, AODA, CASL etc.) through researching and interpreting legislation and regulation and liaising with legal and Corporate Compliance.
• Ensure Canada Life Advisor Policies and Procedures is accurate and up to date
• Support field management and MGA compliance departments to ensure they can provide accurate compliance information to advisors
• Tracking and monitoring of sales-based advisor incentives and winners
• Testing and monitoring to ensure controls are operational
• Address supplier contingency, EUC testing, and BCP

Participation in initiatives:

• Involvement in projects and initiatives representing advisor compliance and Insurance solutions
• Carry out processes to coordinate initiative risk management practices including reporting at the initiative and portfolio level
• Triage new initiatives to assess the level of risk they present to determine the risk management approach to be taken, working with the Initiative Lead and Oversight Partner
• Assist during assessments and audits completed by Corporate Compliance, Internal audit and regulator audits

Maintain compliance resources for advisors:

• Draft policy, procedures, processes to ensure CL meets compliance obligations. 
• Build solutions, tools and templates to help Advisors meet their compliance obligations
• Provide content for advisor communications and training

Compliance support:

• Respond quickly and accurately to queries received in mailbox
• Support MGA’s and advisors in responding to privacy breaches
• Execute breach handling procedures for breaches within Insurance solutions

What you will bring 

• Post-secondary degree in business or legal or equivalent experience
• 5+ years experience with insurance industry, AML, Privacy, licensing regulation
• Strong ability to review and triage legislation and propose effective solutions
• Strong sense of accountability and ownership
• Ability to pivot and quickly change direction in response to changing priorities
• Strong communication, collaboration and relationship building skills
• As this position is posted in several locations, we specify that bilingualism is an asset (fluent in French and English) but is required for Quebec only as the position will regularly serve our clients with French and English-speaking needs

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The base salary for this position is between $70,500 - $129,200 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

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. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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