Canada Life Reviews

Updated April 12, 2015
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3.6
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Canada Life President and CEO D. Allen Loney
D. Allen Loney
1 Rating

11 Employee Reviews

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  1. Terrible Culture, Terrible Pay

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

    I worked at Canada Life (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    - some nice older workers there who generally have a love of life - Christmas parties and other social events - on-site cafeteria that was subsidized - on-site nurse office with immunizations and a sick room - on-site daycare (not subsidized) - okay work-life balance - you will never get fired

    Cons

    - management micro-manages you down to the minute - management of budget is extremely prudent and it is difficult to get basic office supplies - poor usage of technology - extremely inefficient due to many older workers staying with the company for pension - really poor base pay

    Advice to Management

    Accept feedback from workers and actually take it seriously. Recognize employees that have potential to move up and are ambitious and then give them the opportunity to do so. Don't overly micro-manage processes that can simply be automated.


  2. Most Frustrating Work Environment I Have Ever Worked In.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    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 Management

    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.


  3. Helpful (1)

    Being held back from advancement at Canada Life

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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

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

    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 Management

    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?


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Nice company to work for.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

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

    Cons

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


  6. Great place to wrok

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    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.


  7. Great work environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    good management, supportive culture, good benefits (actuarial)

    Cons

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


  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)

    Recommends
    Recommends

    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 Management

    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.


  9. Actuarial Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

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


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

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

    I have been working at Canada Life full-time

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    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 Management

    - better benefits package would be nice



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