Canada Life Assurance Company
We are Canada Life
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.
Be your best at Canada Life.
We are looking for a Product Support Analyst – Non-Par Life Insurance (18 month term)
Reporting to the Manager, Non-Par Life Insurance Solutions, you will be responsible for the daily maintenance of Universal Life crediting interest rates for our UL portfolio. You will play an important operational role on the Non-Par team using Excel tools to calculate rates and upload them to the policy administration system each day, reaching out to external fund managers and other internal groups as needed. You will also help with additional product support functions as available and capable.
What you will do
Daily maintenance of UL crediting rates for all generations of UL products issued by Canada Life and legacy entities
Monitor daily/weekly/monthly/yearly rates to ensure data integrity
Reach out to external fund managers with questions when issues come up
Work with actuarial, systems and Client Service partners as part of regular maintenance and problem solving
Handle basic rate inquiries from internal stakeholders
Identify areas of improvement in the UL rate process and be willing to recommend to leaders
Perform other non-UL duties as requested, some ad hoc, some regular, to support the Life Pricing and Product Support function
What you will bring
Experience using complicated Excel tools and an ability to trace complex formulas to understand how calculations are generated (experience using macros and understanding at a high level how they work is an asset)
Experience using IBM mainframe environment is an asset, but not required
Strong proven attention to detail, and ability to identify when a result is not within the range of expectation
Professional curiosity that will increasingly understand the logic behind the process that you own and the product it supports (it is not necessary to understand Universal Life insurance in detail before starting the job, but there is an expectation that relevant knowledge will develop over time)
Commitment to seeing a job well done day in and day out to support thousands upon thousands of policyholders who rely upon your work
Ideally having the means to come into the office unexpectedly to accomplish an upload if sudden remote access outage
Able to work under tight daily timelines to meet upload targets and occasionally being available to work beyond regular workday to fix an upload error (supported by other team members)
Be your best at Canada Life- Apply today
We are one of Canada's top 100 employers!
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.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted