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Compliance Testing Manager

ivari4 days ago
Toronto, ON
CA$80,000 - CA$108,000/yearly
Senior Level
Full-Time

Top Benefits

Health and dental coverage for family from day one
Generous vacation and time off
Pension plan with 100% company match

About the role

Welcome to****ivari

Let us introduce ourselves. With 300 employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

ivari is part of Sagicor Financial Corporation, a leading financial services provider with over 185 years of history operating across the Caribbean, US, and Canada. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

Here’s the job opportunity…

As a Compliance Testing Manager, you will be responsible for planning, conducting and reporting compliance controls testing engagements. You will act as a member of the ivari Distribution Compliance team and will carry out controls testing engagements and deliver quality work in accordance with regulatory requirements and ivari market conduct policy.

This is an existing position.

As a Compliance Testing Manager, you will …

  • Manage and conduct the annual managing general agent (MGA) compliance review survey, onsite controls testing, and audits
  • Analyze and review information according to standard survey criteria, identify gaps, verify content for quality and compliance; draft observations/ findings and recommendations
  • Understand regulatory requirements and ivari policies to ensure testing is designed to identify potential control gaps and non-compliance
  • Conduct controls testing, scoping, sampling, and reporting of test results
  • Prepare and distribute results detailing findings and recommendations
  • Track and report the status of remediation and validation of open issues
  • Examine documents to verify content, compliance, and identify anomalies
  • Conduct market conduct and sales practice reviews of life insurance agents
  • Assist the Compliance team with other tasks as may be required by senior manager

What we are looking for…

  • Post-secondary education that would align with the position
  • Must have audit and accounting designation, CPA, CMA, CGA, CIA or its equivalent.
  • Minimum 7 years’ experience in controls testing or internal audit
  • Technical knowledge and skills of testing processes and methodologies
  • Effective time management skills with the ability to manage multiple deadlines and changing priorities
  • A self-starter who takes initiative, is detail oriented, and deals well with ambiguity
  • Good verbal and written communication skills
  • An ability to work independently and proactively
  • French language is an asset

What we pay…

Pay Range: $80,000 - $108,000

What's in it for you…

At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.

We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…

  • A fantastic vacation plan and time off
  • A pension plan with 100% match by ivari
  • Employee savings plan with 75% match to help you save even more
  • Flexible and hybrid work arrangements
  • Opportunities for professional development
  • Recognition programs to cheer you on, motivate and reward
  • Wellness programs to keep you healthy and happy

Who you are…

Someone who enjoys a culture where everyone is genuinely respectful and you can be your authentic self every day. Your contributions and opinions are not only sought, but valued. You know the importance of, and live by, our core values of…

  • Bringing clarity and focus to your work
  • Taking ownership and doing what you say you will
  • Remaining flexible
  • Collaborating with others

Does this sound like you? We’re looking for great people to join our team!

Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

To apply, please email your resume to: human.resources@ivari.ca

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email human.resources@ivari.ca.

** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants

About ivari

Insurance
201-500

About ivari

With a national network of thousands of independent, professional advisors, ivari provides a full range of insurance products to help Canadians make the right choice for their protection needs. The people, products and service that make up ivari have stood the test of time and have been in the Canadian marketplace since 1928. We are committed to always being approachable and transparent in everything we do, and we will stand by our word.

We actively promote an environment where you have an opportunity to make a difference, no matter what part of the business you work in. At ivari we’ll help you build the knowledge, skills and experience to achieve your long term career goals.

Learn more at www.ivari.ca.

Highlights of working at ivari

  • Market-competitive salary
  • Extended health care, dental, life insurance and disability benefits
  • Merit increases and performance bonuses
  • Opportunity to participate in employee savings plan and company-sponsored pension plan
  • Hybrid work environment
  • 50% of our leadership are women
  • Employee Development Days
  • Employee Kids’ Sports Team Sponsorships
  • Robust Learning & Development program
  • Volunteer hours program
  • Spotlight and High Five Awards recognizing employee achievements
  • Employee Appreciation events

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