At a Glance
- Tasks: Manage advisor commissions and strengthen business partner relationships in a fast-paced environment.
- Company: Join Canada Life, a trusted company improving the well-being of Canadians.
- Benefits: Enjoy competitive salary, health benefits, career development, and community involvement opportunities.
- Other info: Dynamic workplace with a focus on community and employee support.
- Why this job: Make a real impact on advisor compensation while growing your skills in a collaborative team.
- Qualifications: Strong analytical skills, proficiency in Microsoft Office, and excellent communication abilities.
The predicted salary is between 43400 - 65100 £ per year.
Are you detail-oriented, analytical, and energized by fast-paced environments? Step into a high-impact role where your work directly affects advisor compensation and strengthens business partner relationships. As part of a collaborative team, you'll be valued for your precision, problem-solving skills, and commitment to continuous learning.
You will be responsible for end-to-end set up and maintenance of a block of GRS policies to ensure advisor and broker commission is paid in a timely and accurate manner. You’ll handle reconciliation processes and work closely with business partners for inquiries on a wide variety of commission-related topics.
What you will do:
- Verification of advisor licensing requirements prior to commission disbursement to ensure compliance
- Accurate system set up and maintenance of advisor commissions for GRS policies
- Administration of weekly, monthly and manual commission payments
- Daily communication with Business Development, Implementation, GRS Issue and Pricing teams
- Conduct reconciliation audits of first year and transfer commissions and prepare statements with commission impacts for required top-ups or chargebacks
- Handle inquiries from internal business partners on a wide variety of commission-related topics
What you will bring:
- Proficient in Microsoft Excel, Word, and Outlook
- Strong mathematical and analytical skillset
- Understanding of advisor and broker relationships is an asset
- Demonstrates above-average accuracy and performance in current role
- Self-motivated with an ability to effectively manage multiple priorities and meet tight deadlines
- Excellent written and verbal communication skills
- Highly organized and adaptable to a dynamic, fast-paced and changing environment
- Knowledge of GRS products, services and plan types is preferred
- Experience communicating with distribution partners
- Ability to negotiate and resolve issues in a positive, professional and collaborative manner
- Strong interpersonal skills; must be a team player
- Proven reliability, accountability and a results-oriented approach
The base salary for this position is between $43,400 - $65,100 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.
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 every day: 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:
- 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.
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.
StudySmarter Expert Advice🤫
We think this is how you could land Commission Specialist in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Canada Life. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commission Specialist in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Canada Life.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Canada Life's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Canada Life
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Canada Life.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Canada Life will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Canada Life employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
