Avp, Sales Compensation

2 months ago

Toronto, Canada Canada Life Assurance Company Full time

AVP, Sales Compensation

**Description:
- We’re actively seeking an entrepreneurial and passionate AVP of Sales Compensation to join our Human Resources team at Canada Life- Reporting to the SVP, Global Compensation, Pensions, Benefits & Governance, the- AVP, Sales Compensation will play a leadership role in the assessment, design and ongoing competitiveness of sales compensation plans and practices in support of the company’s revenue growth and market leadership objectives.- In addition to the core sales compensation responsibilities, the AVP will be part of the broader Rewards COE and HR teams, providing opportunities to play an important role in a wider range of business and HR initiatives.**What you will do**
- In collaboration with the business, sales and HR leaders, develop and lead the Canada sales compensation philosophy, framework, design and roadmap to guide the development and transition of existing plans; collaborate with the business, sales and HR supporting the build-out of governance protocols for the approval / revision of plans and provisions
- Actively stay informed about industry trends, competitor practices, and market benchmarks; benchmark the company’s compensation plans against industry standards; highlight opportunities for potential change to sales, business and HR leaders
- Lead and collaborate with stakeholders including Legal, Compliance, Finance, and other groups within Human Resources, on sales compensation programs and policies; identify and manage external resources / advisors as required
- In collaboration with local sales teams, analyze sales performance data to evaluate the effectiveness of compensation plans; identify trends, areas for improvement, and potential adjustments; collaborate with data analytics teams to track key performance indicators

**What you will bring**
- Minimum education of a Bachelor’s degree, preferred
- Experience in a large complex multi-product financial services organization
- Strong internal collaboration and negotiation capability; comfortable with being an influencer without direct decision-making authority
- Experience leading transformative change initiatives to drive strategic business outcomes and results
- Strong peer network across the financial services industry; keeps abreast of current trends and developments in this space
- The base salary for this position is between **$108,300**:

- $ 200,400 **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.- For student opportunities only- For our student opportunities, the base salary will be dependent on the number of work terms you have completed along with other factors depending on your program.-
- Be your best at Canada Life- Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.- You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.- Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.- Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.- We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.-
- Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.- #LI-Hybrid**Requisition ID**:1738**Category**:Corporate Functions**Location**:Toronto, ON
- London, ON
- Winnipeg, MB
- Montreal, Quebec**Date**:Aug 23, 2024

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