Canada Life Reviews

Updated April 12, 2015
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3.7
13 Reviews
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D. Allen Loney
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Employee Reviews

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  1. Terrible Culture, Terrible Pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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. Great people, great work-life balance

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

    I worked at Canada Life as a contractor (Less than a year)

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

    Pros

    People are friendly and smart. Open environment and free to ask questions and have discussions with senior managers. Good 9-6 work hours.

    Cons

    Salaries are low compared to market standards. Pace is slow sometimes and thus might not be the ideal place for young professionals.

    Advice to Management

    Try to create a more rewarding environment. Offer more incentives and benefits to the employees,

  3. 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)

    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.

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  5. Helpful (1)

    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

    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?

  6. 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)

    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

  7. 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)

    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.

  8. 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)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

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

    Cons

    Job itself was stressful monotonous

    Advice to Management

    GIve more autonomy

  9. 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)

    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)

  10. 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.

  11. 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

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