Contracts & Compensation Specialist
- London, ON, Canada
The base salary for this position is between $45,600 - $68,400 annually. · Full-time
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Job details
- Pay
- The base salary for this position is between $45,600 - $68,400 annually.
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Permanent Full Time
We are looking for a Contracts & Compensation Specialist.
This position is suitable for an individual who shows strong attention to detail, is highly motivated with excellent analytical and problem-solving skills and thrives in an environment that is constantly changing.
As a Contracts & Compensation Specialist, you will be responsible for ensuring compliance of Canada Life’s contractual and licensing obligations with respect to the processing and administration of Advisors’ Contracts. You will also be responsible for maintaining contract related information for all Advisors for compensation purposes and providing a high level of customer service through accurate interpretation and communication.
What You Will Do
The base salary for this position is between $45,600 - $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:
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.
We are looking for a Contracts & Compensation Specialist.
This position is suitable for an individual who shows strong attention to detail, is highly motivated with excellent analytical and problem-solving skills and thrives in an environment that is constantly changing.
As a Contracts & Compensation Specialist, you will be responsible for ensuring compliance of Canada Life’s contractual and licensing obligations with respect to the processing and administration of Advisors’ Contracts. You will also be responsible for maintaining contract related information for all Advisors for compensation purposes and providing a high level of customer service through accurate interpretation and communication.
What You Will Do
- Obtain all necessary contractual and licensing information for the processing of advisors’ contracts
- Determine advisors’ eligibility and ensure the timely processing of all contractual paperwork
- Process advisors’ transfers and buy/sells, including the transfer of inforce policies as per process guidelines
- Ensure compliance of contractual and licensing obligations, monitor, and audit data in the Siebel Management system and various other databases/systems
- Create, amend, and delete pertinent name, address, banking, and contract related information on advisor contracts
- Provide a high level of customer service through the timely and accurate processing and administration of incoming correspondence
- Respond to inquiries received and handle unique and complex issues and problems as they arise
- Insurance or industry related experience
- Excellent verbal and written communication skills
- Strong commitment to provide exceptional customer service
- Strong analytical ability, problem solving and conflict resolution skills
- Strong organizational skills and detail oriented
- Ability to multi-task and prioritize work effectively and meet strict service deadlines
- Ability to work in a team environment and learn quickly
- Strong adaptability to change
- Bilingual (English/French) skills would be an asset
- Knowledge of Siebel, FASAT, Ingenium and MS Office is preferred
The base salary for this position is between $45,600 - $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.
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.
More about this job
Responsibilities
Process and administer advisor contracts, including eligibility checks, transfers, buy-sells, and updates to contract-related information. Ensure contractual and licensing compliance by monitoring and auditing records, while providing timely customer service and resolving complex inquiries.
Requirements
Insurance or related industry experience is required, along with strong communication, analytical, problem-solving, organizational, and customer service abilities. Candidates should be able to manage competing priorities and deadlines, work effectively in a team, and adapt to change; knowledge of Siebel, FASAT, Ingenium, and Microsoft Office is preferred.
Skills
- Attention To Detail
- Analytical Skills
- Problem-Solving
- Customer Service
- Verbal Communication
- Written Communication
- Conflict Resolution
- Organization
- Multitasking
- Prioritization
- Adaptability
- Teamwork
- Contract Administration
- Data Auditing
- Microsoft Office
Benefits
- Career Development Opportunities
- Education Reimbursement
- Health Benefits
- Dental Benefits
- Mental Health Benefit
- Vacation and Personal Days
- Volunteer Day
- Company-Matching Pension Plan
- Share Ownership Program
- Investment Options
- Employee Recognition Programs
- Employee Discounts
- Employee Resource Groups
- Mentorship Programs
Visa sponsorship
Not detected in the job text
Categories
- Administrative
- Customer Service & Support
- Finance & Accounting
- Legal
Keywords
- Advisor Contracts
- Contract Administration
- Insurance
- Licensing Compliance
- Contractual Obligations
- Advisor Eligibility
- Contract Processing
- Advisor Transfers
- Buy-Sells
- Inforce Policy Transfers
- Data Auditing
- Siebel Management System
- FASAT
- Ingenium
- Microsoft Office
- Customer Service
- Correspondence Processing
- Compensation Administration
- Banking Information
- Conflict Resolution