Manager, Compliance

Permanent Full Time 

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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

Reporting to the Vice-President, National Compliance, the Manger, Compliance is an integral part of the Compliance team responsible for providing regulatory guidance, compliance support and oversight for the MGA’s advisors.  The Compliance Manager will be the primary insurance compliance contact and resource for field management and advisors.

What you will do

• Support the Compliance Auditor with compliance assessments of advisors, including the identification of deficiencies, areas of opportunity, and oversight of remediation or corrective action
• Liaise and consult with all levels of Sales Network Leaders to provide support and subject matter expertise or consultations for their key advisor relationships
• Provide advisors with support by providing: 
  o    compliance education,
  o    development or enhancement of their compliance programs, 
  o    assessment on current structure/practice for vulnerabilities,
  o    assistance with client complaints made to insurance carriers/regulators, 
  o    prepare for a regulatory/insurance carrier audit
• Act as the Compliance Dept.’s representative/stakeholder/SME on company projects and initiatives
• Participate in industry regulatory committees or working groups
• Develop and execute compliance training in person and/or webinars
• Assist the VP, National Compliance with suitability reviews, monitoring, investigations and/or allegations of advisor misconduct
• Contribute and author material for the Compliance Dept. policies, communications and newsletters
• Keep current with, interpret and understand insurance compliance regulatory and industry requirements

What you will bring

• 5-7 years business experience in the insurance and/or compliance industry
• Knowledge of WealthServ an asset
• LLQP, CFP or IFIC/IFSE certification would be an asset
• Knowledge or experience in auditing would be an asset
• College diploma or other post-secondary education
• Industry courses would be an asset
• Advisor centric; service oriented
• Comprehensive knowledge of insurance compliance and products and associated regulatory environment
• Demonstrated investigative and analytical skills
• Ability to work with changing priorities and tasks and to recognize and solve problems quickly
• Excellent negotiation skills
• Excellent time management skills
• Superior written and verbal communication
• Bilingualism is a definite asset

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The base salary for this position is between  $84,900 - $ 117,400 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.

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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