Insurance Compensation Administrator (Student Position)

Temporary Full Time 

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This is a student position that is 4 months in duration for the term May – August. You must be a student registered in a Canadian College or University. 

This position is for students returning to school after their work term or requiring a placement as requirements for graduation. While not required, preference will be given to students enrolled in a registered Co-op program. 

Applicants are required to submit both their resume and their most recent unofficial transcript as part of the application process. 

As one of Canada’s leading MGAs, Financial Horizons helps over 6,500 independent advisors grow their businesses and achieve their vision of success. Financial Horizons has over 30 offices and more than 350 employees – all focused on amplifying their business with the right opportunities and solutions at the right time for them.  

Canada Life acquired Financial Horizons in 2017. Canada Life is a member of the Power Financial Corporation group of companies and serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States.
 

Financial Horizons continues to operate independently in the marketplace.  

Are you a post-secondary student looking for a job this summer? Do you have a natural ability to learn things quickly? Have you wondered what the world of insurance is like?

If that was three ‘yeses’, then you could be the next Insurance Compensation Administrator at FH this summer! 

Keep reading to see if this is the role for you...

What will you be doing in this role? 

• Monitor and reconcile compensation, including posting commissions onto the back office system (WealthServ)
• Enter MGA commissions in required databases
• Assist with Debt Module entries and notices
• Back up and vacation coverage on an as needed basis
• Perform any other duties as assigned

Not sure what most of that means? Don't worry. If you're ready to learn, we'll train you!

What qualifications are required?

• Currently a student at a post-secondary institution (college or university) - Finance or other related fields of study
• 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. 

What competencies are required?

• Positive attitude (this is a 'must'!)
• Interpersonal skills
• Accuracy and attention to detail
• Mathematical and reconciliation skills (analytical and problem solving)
• Team player with the ability to also work independently
• Organizational and time management skills
• Communication skills - verbal and written
• Customer service focus
• Ability to grasp new concepts quickly
• Strong computer skills (MS office with a focus on Excel)

What should your experience look like?

• Experience in the insurance/financial services industry an asset
• Experience in customer service an asset
• Experience with SAP an asset

Quick Notes

• This is an insurance and finance related team - not HR
• This is not a Contact/Call Centre role
• The role is expected to start May 11th, 2026.

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The base salary for this position is between $41,100 - $68,400  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.

Grow with Canada Life 

We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.  

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you! 

What we offer:  

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member: 

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement. 

• Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. 

• Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.  

• Financial Security: Company-matching pension plan, share ownership program and additional investment options. 

• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!  
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.  

Learn more about Canada Life.  

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact  talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.  

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