Canada Life Assurance Company

Working at Canada Life Assurance Company: Company Overview and Reviews in Canada

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Canada Life Assurance Company
696 reviews
Canada Life Assurance Company, CA Ratings
Average rating of 696 reviews on Indeed
3.7Work-life balance
3.4Pay & benefits
3.2Job security & advancement
Toronto, ON
More than $10B (USD)

Popular jobs at Canada Life Assurance Company in Canada

 Average salarySalary range
4 salaries reported
per hour
32 salaries reported
per year
9 salaries reported
per year
19 salaries reported
per year
12 salaries reported
per year
Salary satisfaction
Of the employees are satisfied about their pay, in Canada
Based on 877 reviews

Canada Life Assurance Company reviews

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Overall reviews at Canada Life Assurance Company

Financial Advisor | Surrey, BC | Feb 1, 2013
Systemic deficiecies in financial system resolved?
There's nothing I can say against the best intentions of the people I worked with at Freedom 55, or the company or the industry as a whole. That being said, my moral, ethical, and epistemological framework was simply incompatible with the position in which I found myself as a Financial Adviser. Certainly there was ample opportunity for me to be successful and earn a lot of money, the truth of which I was rightly, repeatedly reminded The problem was I wasn't a person motivated by earning gobs of money. I entered the industry to help people, in particular good, hardworking, middle-class Canadians. I saw this as a noble effort in and of itself, helping to work to ensure the prominence of the middle class and thereby the efficacy of liberal democracy, liberty, freedom, and the values for which Canadians hold dear to their hearts. I thought working towards such would provide for a sense of fulfillment in my life as a whole, as I would be acting to improve people's lives and help society as a whole. I saw there was pressing need for someone like me in the industry, especially in light of the financial crisis of 2008 and how the prominence of the middle class all over the world was under attack. The systemic deficiencies that caused the crisis I thought were being resolved as I entered the industry; that the financial sector was changing, and that there might be great opportunity, then, for someone like me. I was looking forward to affecting positive change according to ethics, in
Prosgreat learning experience
Constoo many (albeit self-inflicted) ethical conundrums
Claims Processor | London, ON | Sep 18, 2016
Worst job and experience I've ever had!
Read this before even thinking of applying to this job. First off - this is a one year temporary contract with no guarantee of getting hired on. I can almost guarantee that probably at least 80% of the candidates who get hired end up being let go. No matter how hard you work, you always feel like it's never enough. There's always a TA or supervisor looking over your shoulder or being on your case about meeting goals. Even if you are .5% off your goal, they will still drill you about it. Not only is this job mentally draining, but the quality and productivity goals you are expected to meet are ridiculous and unrealistic. The only way you can possibly meet the goals is if you put in extra time without getting paid for it. At $14.69/hr, I certainly wasn't going to put in extra time for nothing when I knew my efforts were still going to remain unnoticed. It's bad enough that $105/mth went to parking alone - and even worse, in a lot 10-15 minutes away from my building. I had to walk to and from work 10-15 minutes every single day... I don't even want to know what Winters are like there. It's funny how much they expect from their employees and how badly they treat you once you're not meeting their expectations. This department is a joke and has a high employee turnover rate. I didn't learn about this fact until a couple of months into the role. I didn't even last 6 months into the role. They don't even give you a warning when they plan on letting you go. One day, you're taken
ProsSomehow being able to make it through the day without wanting to shoot myself
ConsEVERYTHING, especially the TA
Claims Processor | Winnipeg, MB | Apr 11, 2013
A True Review of GWL
A typical day at work involved being isolated at a computer, in a cubicle, doing highly repetitive work. As a Claims Processor you are given sufficient training, however the practice time is not enough before you hit the floor. The computer systems are out of date, therefore searching for information is tedious which increases the chance of mistakes. I found the management condescending and witnessed a lot of passive aggressive talking down to employees who were not deemed "super stars". There is a quota to meet and quality expectations which reflect on your team, so they are constantly having meetings about your performance. This would be acceptable except for the weekly meeting in which they hand you a quality certificate ceremoniously in front of your other teammates, much in the same way a mother would give her favorite child a treat. I'm sure it's suppose to be positive but it feels demeaning and embarrassing. If you are okay with repetitive, uninspiring work and like to work alone than this job is okay. The job itself is much like working in a factory but with the front of a professional environment. The pay is average, but with all the deductions they rope you into, including their pricey insurance, which you can only opt out of during the month of May (unfortunate if you start after that), you end up making significantly less than your wage (approx $2/hr). Also you are not paid for your 1/2 hr of lunch and are expected to come in and make up time missed from Dr.'s app
Prosclean and professional environment.
Conspatronizing management, low pay, factory like conditions, uninspiring work, company is stingy/tight pocketed.
Manager | Canada | May 29, 2019
Good place to start - but don't misplace your loyalty to this company
This is certainly a great place to start your career - a reasonably professional office atmosphere with good branding behind it. You can also grow your career here too - there is some room for advancement if you are ambitious and very driven. The work life balance is ok - at least on par with other reputable companies - but it's not as extraordinary as the company would want you to think. All the same, no big problems for normal situations. BUT - The work volume can become overwhelming, and does burn people out fairly quickly - particularly in lower level positions. This is exacerbated by high turnover. Office culture is very chilly - and about as cliquish an environment as I have seen in a workplace. It can and does have an impersonal feel. While the business is based on relationships, its model is very structured and contrived. The result is that (almost) everyone interacts on a very superficial and less than genuine level. This is a problem in that it prevents the creation of fully functional teams, and to help individuals who may be experiencing a difficult time to get back to full performance. The pay is fairly low in comparison to other employers for similar work. The company can be aggravatingly slavish to procedures and internal protocols. If you like everything structured and rules-based then this is the place for you. If you have an entrepreneurial or creative spirit about you - or if you want things to simply be efficient and reasonably sensi
ProsGood place to gain experience
ConsCan be rigid, procedural and impersonal
Business Developer | London, ON | Jun 24, 2013
Overwork Burnout heaven
People who are promoted are only employees of London Life or Great West Life. Canada Life employees who moved to London from Toronto do not get a fair shake, and infrequently considered for future advancement. GWL itself has still not settled the Pension issue with respect to the takeover of CL -- a significant transaction that would not have made GWL the premier financial service provider had it not been purchased by GWL. We would have been better off being bought by Manulife via hostile takeover. At least there would be no brand and customer segment confusion. The products are all the same with the exception of the brand on the paperwork. The work group setting is very cliquish - so much so that it matters more on who you know instead of what you know, and customer service is not client focussed at all. Customer Service is defined on how much work you can process. The "definition" of a typical day at work is to load you up with business processing, little or no empowerment over how it's handled, and other teammates will "dump" on you what they won't do -- this happens frequently. People will "steel" ideas and call them their own. Participative leadership is defined as getting your buy-in on changes already decided upon by management with the misconception that work members have impact or input to change management. Leaders micro-manage workers so much they cannot make their own decisions on day-to-day variety of customer situations and the structure is so flat that
ProsFree dinner during RRSP season, and paid overtime -- with management approval of course
ConsPrepare for "girl wars" in this predominantly female population
Manager | Canada | Aug 2, 2020
Bullying Environment and Colleagues working in fear from Management
Have been working for the company for over 15 years now. It drastically changed in the wrong direction. Their new name and the business centralization caused many professionals to stay with no work. The called "voluntary" early retirements, the job role closures, the performance reviews on certain not in favour employees have been conducted since 2017 with the purpose to save capital and hire new individuals at lower salaries. The turnover in this company is the highest among the insurance sectors. The labour exploitation is unspeakable and no union to protect the worker. If you complain, you are to be stagmatised and blamed and accused in allegations. Have seen examples of many human humiliations over individuals. They just choose to leave and not fight a lost battle with a company like this where HR covers up the wrongdoing. The benefit plan is the only good factor left but the human health is more important. I was diagnosed with a condition due to the stress and workload that eventually harm you. Will change careers to safe my personal balance and life. I regret because the company is my home for years. I have witnessed abuse on ppl to manage over the normal rate of caseload to the point when one of the colleagues had to go in medical leave. This caseload is now managed by 2 colleagues because it is the way to fix the managers' mistake. But it caused this person's health because managers did never listen or wanted to accept the feedback or care for their worker's health. F
Prosthe benefit plan
Conswork norm, caseload cannot fit work hours, long hours, unhealthy workplace
Business Systems Analyst | London, ON | Feb 8, 2016
Productive and engaging work place with easy access to anything
My typical work-day consists of participating in the daily Scrum meetings, planning for the requirements meetings in the week or next as soon as there is a need by identifying and inviting the relevant stakeholders with the defined agenda. Interaction with Enterprise Architects, Solution developers on requirements clarification and solution design. Iteration planning and Iteration demo meetings, Effort estimation by T-shirt sizing and planning poker sessions. Documentation of the requirements discussions Every day, there is so much of learning in terms of designing new experience for the Customers as it calls for innovation in terms of designing system efficient processes, interaction with Business to understand Business, Data Analysis to infer something to provide as a basis for Business decision etc.., My co-workers are absolutely great. There is so much of fun while working on things together. It gives me a chance to view somebody else’s work-life and see how things are planned and done from various stand points. There is a lot of give and take. I think the hardest part is building rapport and trust with new stakeholders as I come across them. My interactions paves the way for future communication and system requirements. I think it’s hard and at the same time very enjoyable and a chance to expand my world. I should also agree that the hardest part is resolving issues which are right from both the party’s stand points. Drawing a fine line is very hard. The
ProsLot of learning, innovation, fun
Conslots of documentation and research, tap on resources for favors
Customer Service Representative | Montréal, QC | Jul 11, 2023
Mauvais gestionnaires / Bad leadership stay away
The company should seriously consider investigating some of the managers there. They will get the answer as to why the turnover is so high. Typical CSS has a high school or college degree. If you have a university degree you're over qualified. Make sure to negotiate your starting salary. Do not accept anything under 60k. The average salary increase will be 1-2% regardless of your performance. Be aware they will hold anything against you to justify it. Average tenure is a year. Turnover is very high due to poor salary, bad conditions no advancement opportunities and just blatantly bad managers. If you over perform they'll take advantage of your knowledge and skills and ask you to train less qualified employees with no recognition or compensation. You will be asked to take on the load of your colleagues on disability or vacation but won't be compensated for working basically the jobs of 2 people. Do not show your bosses that you can do more. Do not accept any disrespect or bullying from the bosses. Know your worth on the market. Bottom line is do your research before accepting an offer. Ask to talk to former and current employees if you can and make note of what they have to say about the current manager. During the interview process ask why the job is permanently opened. Ask yourself why they need to specify in the job description that the ideal candidate must have a positive attitude. Benefits are great but again you can get the same thing somewhere else. Pension plan is
ConsEverything else
Data Entry Clerk | Winnipeg, MB | Aug 14, 2019
Everyone's mileage varies at GWL
In the BPO...Benefit Payment Office (handling health & dental claims at max speed/accuracy), the atmosphere is grim and bleak. Mgmt there is cowardly and cliquish, afraid to do anything but the status quo and cover their butts at all times. When mgmt finally DOES decide to change something, it's generally done without consulting frontline staff who are impacted and who actually know what the *detailed* repercussions to the change will be. Mgmt WILL consult staff for trivialities like how we should decorate the department walls for Halloween (basically like how a Grade 4 teacher treats their class of little kids) - and act like inviting your opinion on this is some big favour. Heck, you can't even ask your coworkers job-related 'what process do we follow in THIS situation?' type questions, you have to SAVE the question for a Tuesday or Thursday when the team assistant goes from desk to desk to answer questions!! So you have row after row of silent zombies working frantically on their computers afraid to talk to each other except at breaks. In contrast, in the more corporate areas of Head Office, the atmosphere between you and other staff and mgmt is mostly cordial/relaxed, yet professional, and you FEEL more respected, you can consult with/be consulted by your coworkers...most of the jobs are not so repetitive, you're more likely to be noticed for good ideas and innovations. Basically, the BPO is soul-suckingly dreary whereas the more corporate departments (say under
Customer Service Representative | Toronto, ON | Sep 17, 2013
Great West Life was a little fish swimming in a big Insurance pond
Great West Life is a great company however was very rigid with the employees ( limited flexibility with work/life consideration) . I had to sign on at 9:00am promptly I could not deviate by one second. however if the call should exceed 5:00 pm there was no compensation or appreciation for the extra time unless the call exceeded 20 minutes. The Verbiage was so rigid that I was dinged for saying have a nice day instead of a solid good by at the end of the call. I was shocked that they adapted to a very cold uncaring manner on a call rather then a friendly caring manner. . I felt that after working for Sun Life financial I could not stop comparing the two companies and felt that Great West Life was a very little fish swimming in a very big Insurance pond and could not match to the level of professionalism Sun Life Financial offered. Management was not supportive of the employees never gave us the benefit of the doubt. I was accused of hanging up on a caller when that was not the case I searched and found PROOF to the contrary and when the proof was provided I did not receive the apology I was awarded. They have a week training team and Managers. My co-workers were friendly and worked with their heads down low to keep out of managements radar. I didn't like the way the people where treated there. The best part of the job was the pleasant co-workers( excluding management) people felt very depreciated in this company.
ProsThe best part of the job was the pleasant co-workers( excluding
Conspeople (I) felt very depreciated in this company.
Customer Service Representative | Normandie | Sep 23, 2021
Don't apply here, don't work here
I thought I was a valuable team member.... "thought." Everyone there is fake, the co-workers don't care about you, the management is fake too and doesn't at least give you the acknowledgement that your hard work and strong work ethic means anything to the company or at least to the small handful of team members you closely work with. Since the start of Covid they held so many meetings with the people in charge and they're all useless and a waste of time. Redundant information, nothing to learn from, and actually most of it doesn't even make sense because the Head of the department rambles on and on. Might as well step away from your computer for an hour or so during those meetings because by the time the next meeting comes, that information they gave is already expired. Besides all those weekly meetings that they host with the "important people" (because to the VP, they're the ONLY important people), there's also tons of other meetings with managers and co-workers that just waste your time and they make you fall asleep that's how boring they are. Not engaging, and no common sense, everything is was gibberish to me. Insurance jargon, sentences that don't make sense, and uncommon phrases are how they speak during those meetings so there's really nothing to grasp. The meetings that they think are "moving" about the company, are uninspiring. The management pretends to like you! You can be the hardest worker and your manager still doesn't care because as long as they're getti
Prosno pros
Conseverything sucks

Questions and answers about Canada Life Assurance Company

How often do you get a raise at Canada Life?
Asked Nov 12, 2022
Once a year
Answered Sep 12, 2023
Depends on performance
Answered Aug 6, 2023
What benefits does Canada Life offer?
Asked Feb 3, 2020
Good Benefits
Answered Sep 20, 2023
dentist, eyes, physo and mental health options
Answered Sep 14, 2023
How often do raises occur at Canada Life?
Asked Oct 9, 2018
Annually if eligible
Answered Sep 24, 2023
Very Rarely. Every couple of years.
Answered Jul 17, 2023
What is the promotion process like at Canada Life?
Asked Jan 5, 2023
Questionable. Only people tight with management team get promoted
Answered Sep 24, 2023
Answered Sep 19, 2023
What is the work environment and culture like at the company?
Asked Oct 1, 2017
My managers were incompetent which resulted in most of the team leaving the company within a year but HR is not investigating. The company doesn't not have a rigorous hiring process for managers which allow for people getting the job based on friendships rather than qualifications.
Answered Jul 14, 2023
I think it really depends on what office you're in. It looks like some people have a terrible experience. I have had a good experience. Overall I think they are a great company to work for with a good culture, but sometimes you end up with leaders that just aren't up to par (like with any company) and then end up having a bad experience.
Answered May 6, 2020