Canada Life

www.canadalifefinancial.com
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Canada Life Reviews

Updated February 12, 2015
Updated February 12, 2015
11 Reviews
3.8
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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D. Allen Loney
1 Rating

Employee Reviews

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  1.  

    Nice company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial Associate in Toronto, ON (Canada)
    Current Employee - Actuarial Associate in Toronto, ON (Canada)

    I have been working at Canada Life full-time (more than 3 years)

    Pros

    -Good compensation
    -Good work life balance
    -Good location
    -Good opportunities to grow

    Cons

    -Obsolete technologies
    -No Wifi
    -Less social activities for staff

    Recommends
    Neutral Outlook
  2.  

    Most Frustrating Work Environment I Have Ever Worked In.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Toronto, ON (Canada)
    Current Employee - Senior Manager in Toronto, ON (Canada)

    I have been working at Canada Life full-time (more than 5 years)

    Pros

    Employment security. Solid company. Okay pay and benefits. Convenient location. Lots of market opportunity if Management ever gets it act together. Takes forever to get even the simplest things done. Way too much process and control.

    Cons

    Out of touch management. Below industry pay and benefits. Antique technology. No innovation. Bullying management style. Poor advancement opportunities...waiting for dead man's shoes. Managers in positions they are not qualified for...out of their depth.

    Advice to ManagementAdvice

    Learn how to motivate people; there are many talented employees in the company. Reward innovation and creativity. Eliminate billing managers and promote real leaders and motivators. Bring compensation to industry levels. Share the wealth.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Being held back from advancement at Canada Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Direct Marketing Department, and Retirement Income Department in London, ON (Canada)
    Former Employee - Direct Marketing Department, and Retirement Income Department in London, ON (Canada)

    I worked at Canada Life

    Pros

    Reasonable pay and hours of operation.
    Good physical working environment

    Cons

    Closed minded management, who held back employees from advancement.
    Bullying was prevalent and uncontrolled by upper management.
    Too much overtime in some departments.

    Advice to ManagementAdvice

    Look at the top people in the company.
    Are they fair to al employees?
    Do they set good examples?
    Do they bully the employees?
    Do they encourage employees to advance their careers within the company?Do they hold people back to keep the best ones on their own team?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Great place to wrok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrator in London, England (UK)
    Former Employee - Administrator in London, England (UK)

    I worked at Canada Life full-time (more than a year)

    Pros

    Good benefits, e.g. health insurance, pension, fair pay, opportunities for training
    Great atmosphere
    Good work-life balance

    Cons

    Perhaps as with a lot of big companies, decisions took a long time to bet made, whether about promotions or other changes. This could be a bit frustrating.

    Recommends
    Approves of CEO
  6.  

    Good pay, good location

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Underwriting Representative in Toronto, ON (Canada)
    Current Contractor - Underwriting Representative in Toronto, ON (Canada)

    I have been working at Canada Life as a contractor (more than a year)

    Pros

    A lot of food, corporate feel, good location, nice manager

    Cons

    Job itself was stressful monotonous

    Advice to ManagementAdvice

    GIve more autonomy

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Great work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial Associate in Toronto, ON (Canada)
    Current Employee - Actuarial Associate in Toronto, ON (Canada)

    I have been working at Canada Life full-time (more than a year)

    Pros

    good management, supportive culture, good benefits (actuarial)

    Cons

    lack company sponsored events, small toronto office (hard to move up)

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Very good, love my bosses and co-workers

    Current Employee - Case Administrative Underwriter in Regina, SK (Canada)
    Current Employee - Case Administrative Underwriter in Regina, SK (Canada)

    I have been working at Canada Life full-time (more than 5 years)

    Pros

    Very warm welcoming place
    Bonuses are nice, and raises consistent
    On my floor and team conversation is allowed, making it easy to come into work and love it

    Cons

    Starting salary not competetive with other insurance companies
    Some promotions not earned
    Upper managment claims to listen, but nothing ever changes

    Advice to ManagementAdvice

    You could always treat your employees better, don't have meetings telling us how great the company is doing, how we are first in the country, but then not give us proper raises.

    Recommends
  9.  

    Actuarial Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Canada Life

    Pros

    Very friendly people
    Willing to teach

    Cons

    Location, takes awhile to commute

  10.  

    Overall, very good company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative in Toronto, ON (Canada)
    Former Employee - Customer Service Representative in Toronto, ON (Canada)

    I worked at Canada Life full-time (more than 3 years)

    Pros

    Good group of people in Call Center,very helpful leads and supervisors. Giving advice and sharing the workload during busy seasons.

    Cons

    Not much room for moving up.

    Advice to ManagementAdvice

    Keep nurture good people and let them grow, even outside your department,

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Very good Actuarial Experience on the Job either as full time or coop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Canada Life full-time

    Pros

    - diverse experience to all different kinds of work and challenges;
    - provide a lot of ongoing trainings and updates
    - has great discount coupons annually; and has lots of annual events that are interesting

    Cons

    - health, dental, and benefits package are not very good; require us to pay a lot

    Advice to ManagementAdvice

    - better benefits package would be nice

    Recommends
    Positive Outlook
    No opinion of CEO

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