Job Detail

Associate Manager, Par Investment Analysis

Date Posted: Jul 22, 2021
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Job Detail

  • Location:
    Airdrie, Alberta, Canada
  • Company:
    Regional Recreation Corporation of Wood Buffalo
  • Type:
    Full Time/Permanent
  • Shift:
    First Shift (Day)
  • Career Level:
    Experienced Professional
  • Positions:
  • Experience:
    10 Year
  • Gender:
  • Degree:
  • Apply Before:
    Oct 17, 2021

Job Description

IMPORTANT NOTICE: As of Jan. 1, 2020, The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company became one company – The Canada Life Assurance Company. It will take some time to update our websites, materials and forms, so until we’re done, all references to Great-West Life or London Life are to be understood as referring to The Canada Life Assurance Company. Learn more

Associate Manager, Par Investment Analysis

Job Locations CA-ON-Toronto | CA-MB-Winnipeg

Posted Date 3 days ago (7/16/2021 1:32 PM)

Job ID 2021-21185

Job Location 1 : Location CA-ON-Toronto

Company Canada Life Assurance Company

Job Category Insurance

Job Type Full Time

Job Industry Financial Services and Banking, Insurance

Career Level Experienced, Management

Posted End Date 8/2/2021

Job Description

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. 

We are looking for an Associate Manager, Par Account Investment Analysis, Insurance Solutions

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

Role Description

Individual insurance is a major part of Canada Life’s Canadian Operations. Specifically, Canada Life has the largest par account in Canada by far.

The Associate Manager, Par Investment Analysis will help protect and grow our par sales by supporting Par Insurance Solutions with the strategic push to increase both internal and external par account investment visibility.

With a singular focus on par investments, this role supports the VP, Large Case Services, Insurance Solutions, while also supporting other key Par business areas as needed (Par Inforce Management and Par Product Support). Working alongside the VP, Large Case Services, this team will be a critical junction – a key point of contact between Par Insurance Solutions, Investments / ALM, and Marketing / AN.

What you will do 

  • Develop a thorough understanding of Canada Life’s par account assets, par investment strategy and investment division through regularly scheduled and ad hoc interaction with Investment team/ALM. Regularly liaise, as needed, with the par contact on the ALM team.
  • Develop a deep understanding of Canada Life’s par product and the Canadian par landscape.
  • Work with the VP, Large Case Services to effectively conduct meetings twice annually with each asset manager for the par account. This would involve meeting preparation / organization, participation, and subsequent analysis.
  • Work with both VP, Large Case Services and various Investment team members, to gather technical content of regular par investment commentary, digging deeper into key aspects of the par investment story. This involves timely due diligence and ensuring the accuracy of information. The role would then support Product Support who would co-ordinate with marketing and AN to leverage the commentary to bring these external-facing documents to the field in a timely manner.
  • Work with VP, Large Case Services to assist with par competitive analysis, through the lens of par investments (competitor asset mix differences, investment strategy differences, underlying asset differences).
  • Support Par Inforce Management team, as needed. This could include (1) providing them with regular updates on investment-related changes in strategy and ongoing execution on strategy, (2) supporting dividend scale management by bringing investment understanding / knowledge and validating its incorporation into dividend scale process, (3) working with ALM point of contact to ensure required data is obtained in timely manner and is correct. 
  • Support the Par Product Support team, as needed. This could include working with that team and the par ALM contact on various projects.
  • Create, house and update a working database of external advisor and wholesaler investment related questions, along with responses.
  • Assist and support with preparation for par investment-related presentations, as well as one-on-one advisor and customer meetings.
  • Contribute to recommendations on strategy related to marketing the investment strategy of the par account and help develop the messaging and the technical content of the par marketing material as it relates to the par account investment strategy.

What you will bring 

  • CFA designation (or, working towards)
  • Investment expertise and experience to ensure technical understanding of topics
  • Solid knowledge of insurance products, particularly competitive par product offerings
  • Ability to translate complex technical topics into understandable solutions to non-technical audiences
  • Exceptional communication skills to aid in creating investment-related marketing material for answering advisor questions, and for dealing with various internal stakeholders. 
  • Ability to effectively ask for, and be precise about, the required information needed to complete required tasks. 
  • Ability to foster collaborative relationships across Individual Customer, Investments / ALM and the broader organization
  • Ability to manage multiple priorities and to interact with multiple teams to deliver on successful outcome s
  • Ability to recognize potential risks and opportunities
  • A relentless pursuit of continuous improvement and willingness to challenge the status quo
  • Intuitive sense and passion for determining “what advisors / customers need” and anticipates issues that may arise

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

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