Company: CGIC
Department: Business Enablement
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: English is required, and French is an asset.
Additional Information: This/these role(s) is/are currently vacant
The Opportunity:
We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.
The Senior Compensation Analyst plays a critical role in enabling Retail Sales performance by applying advanced analytics and subject matter expertise to the design, evaluation, and ongoing optimization of compensation and incentive programs. The role partners closely with cross-functional teams including Platform Enablement, Finance, HR, and business stakeholders to translate strategic objectives into effective compensation solutions that drive advisor performance, retention, and business outcomes. Through a combination of descriptive analytics, compensation plan design, and consultative leadership, this role provides insight-driven recommendations that influence sales operations, financial performance, and the effectiveness of Business Enablement compensation strategies.
How you will create impact:
- Develop, analyze, document and validate business requirements and/or specifications for new compensation/ bonuses, or enhancements/upgrades to existing compensation plans/ bonuses.
- Responsible for building compensation models from scratch and running those models to determine financial impacts of any compensation plan design changes.
- Provide advanced analytics to support Senior leadership in making data driven decisions.
- Participating in annual incentive compensation design reviews and ensuring our business tools and systems are updated to reflect annual changes.
- Evaluating workflows and procedures, initiating process improvements and supporting the team in understanding and maintaining commitment to the change process.
- Develop and deliver presentations to senior leadership outlining the impact of compensation changes and proposed adjustments.
To join our team:
- You have five years of relevant experience in a related field.
- You have advanced knowledge of Business Intelligence tools such as Excel, Tableau and MicroStrategy.
- Post-secondary degree in a related discipline is an asset.
- Certified Compensation Professional (CCP) is an asset.
How you will succeed:
- You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
- You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
- You have strong communication skills to clearly convey messages and explore diverse points of view.
- You build trusting relationships and provide guidance to support the development of colleagues.
- Coordinate end‑to‑end annual compensation cycle checkpoints, ensuring tight timeline management from review through to payout using strong project management and organizational discipline.
What you need to know:
- You will travel occasionally.
- You will be subject to a Criminal Record and Consumer History background check as a condition of employment, in the event you are the successful candidate.
What’s in it for you?
- You have five years of relevant experience in a related field.
- You have advanced knowledge of Business Intelligence tools such as Excel, Tableau and MicroStrategy.
- Post-secondary degree in a related discipline is an asset.
- Certified Compensation Professional (CCP) is an asset.
Salary information
Expected salary/hourly range $72,847- $121,411 (min-max, full range)
Salary placement
The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.
Incentive/Variable pay
Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.
Skills Required
- 5 years of relevant experience
- Advanced knowledge of Excel
- Advanced knowledge of Tableau
- Advanced knowledge of MicroStrategy
- English language proficiency
- French language proficiency
- Post-secondary degree in a related discipline
- Certified Compensation Professional (CCP)
- Criminal Record and Consumer History background check (condition of employment)
What We Do
As a leading Canadian financial services co-operative, Co-operators offers multi-line insurance and wealth products, services, and advice to build financial strength and security. With over $56 billion in assets under management, we provide financial solutions and security through property and casualty (P&C) insurance, life insurance, wealth management, institutional asset management and brokerage operations. We are governed by member organizations, including co-operative organizations, credit union centrals and representative farm organizations. We are rooted in the idea that together, we are stronger, safer, and more resilient. Our vision to be a catalyst for a sustainable society is reflected in everything we do, including our community investment programs, strategic partnerships, and active volunteerism. We champion and fund the development of community-oriented co-operatives and social enterprises, invest for positive impact, and work hard to contribute to communities across Canada by supporting financial literacy, mental health, flood safety, and sustainability initiatives and programming. With over 600 locations across the country, over 6,000 employees and a dedicated financial advisor network of over 2,500 licensed insurance representatives, we remain true to our roots: putting the needs of our clients and our communities first. Our response to COVID-19 As an essential service, we took immediate steps to ensure the health and safety of our people, clients, and communities. We’re following the direction of Health Canada as we roll out a phased return to corporate and local offices across the country. If you have applied for a posted role, a recruiter will be in touch with an update. Currently, all interviews are being conducted remotely.
