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Retail Sales & Delivery Associate
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The Canada Life Assurance Company

Associate Manager, Financial Underwriting Practices

Winnipeg, MB, Canada
London, ON, Canada
Toronto, ON, Canada

The base salary for this position is between $85,200 - $135,200 annually.

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Job details

Pay: The base salary for this position is between $85,200 - $135,200 annually.
Apply by: Nov 10, 2026
Experience: 1 to 5 years of experience in underwriting, tax planning, business valuation, consulting, or accounting roles.
Posting language: English
Posted: Oct 27, 2026

Original job description

Permanent Full Time

Individual insurance is a major part of Canada Life’s Canadian Operations. The Associate Manager, Financial Underwriting Practices will help protect and grow our insurance sales by providing financial underwriting support for large and complex new business cases.

With a singular focus on financial underwriting, this role supports the Director, Financial Underwriting, in the analysis and assessment of new business insurance applications.

What you will do:

Complete financial underwriting assessments for complex individual insurance cases, including independently reviewing and approving cases up to a specified threshold.
Prepare financial recommendations, utilizing supporting documentation that will be used to influence reinsurance decisions.
Interact with clients’ external accountants and financial advisors.
Interact with external reinsurers and sales support teams for complex financial underwriting cases, providing documentation in a clear and concise manner to support financial justifications.
Support the development of internal and external financial underwriting processes and guidelines.
Review financial underwriting marketing materials to ensure consistency with our administration and sales strategies.
Support advisors and wholesalers with general questions related to financial underwriting.
Prepare technical materials to be used in presentations to advisors and internal team members on financial underwriting topics and concepts.

What you will bring:

1 to 5 years of experience in underwriting, tax planning, business valuation, consulting, or accounting roles.
CPA designation preferred, or equivalent experience.
An understanding of insurance products, the insurance industry, distribution channels, advisors, and clients’ needs.
In-depth understanding of financial statement analysis and the principles of business valuation in a wide variety of industries.
Strong ability to collaborate with teams across multiple disciplines.
Proven analytical, problem-solving, and decision-making abilities.
Solid technical expertise and excellent interpersonal skills, with the ability to establish key relationships and foster strong teamwork.
The ability to manage multiple priorities and collaborate with internal and external stakeholders to deliver on successful outcomes.
A demonstrated track record of driving results and contributing to process improvements.
The ability to translate complex technical topics into understandable solutions for non-technical audiences.
Bilingualism (English and French) would be an asset, but it is not required.

Given the size and scope of our organization, we have the flexibility for this position to be located in the following office locations: London, Toronto, or Winnipeg.

The base salary for this position is between $85,200 - $135,200 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.

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.

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More about this job

Responsibilities

The Associate Manager provides financial underwriting support for complex individual insurance cases and prepares financial recommendations for reinsurance decisions. They also collaborate with external accountants, advisors, and reinsurers while supporting the development of internal underwriting processes.

Requirements

Candidates should have 1 to 5 years of experience in underwriting, accounting, or business valuation, with a CPA designation preferred. A strong understanding of financial statement analysis, insurance products, and the ability to translate complex technical topics for non-technical audiences is required.

Skills

Financial underwriting
Financial statement analysis
Business valuation
Risk assessment
Insurance industry knowledge
Tax planning
Analytical skills
Problem-solving
Decision-making
Interpersonal skills
Teamwork
Communication
Stakeholder management
Process improvement
Technical writing

Benefits

Health benefits
Dental benefits
Mental health benefit
Pension plan
Share ownership program
Education reimbursement
Volunteer day
Employee discounts
Mentorship programs

Visa sponsorship

Not detected in the job text

Keywords

Financial Underwriting
Insurance
CPA
Financial Statement Analysis
Business Valuation
Reinsurance
Tax Planning
Underwriting
Accounting
Consulting
Risk Management
Stakeholder Management
Process Improvement
Financial Analysis
Individual Insurance

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