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Senior Broker Compensation Specialist

  • Toronto, ON
  • Hybrid
  • Posted Oct 13, 2026
  • 1 position

$94,000–$142,000 / year

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Employment type
Full-time
Experience level
Senior · 5+ years
Minimum education
Professional degree
Posting language
English
Working hours
40 hours per week
Office presence
3 days per week

Job summary

Manage complex broker compensation programs, including contingent profit commissions and incentive programs, and oversee budgeting, forecasting, and financial analysis. Deliver compensation initiatives, ensure accurate payments and strong governance, provide financial insights, and support strategic planning in collaboration with sales, distribution, and finance leaders.

Job details

What it’s like to be a Northbridge Senior Broker Compensation Specialist As a Senior Broker Compensation Specialist, you will play a key role in supporting Northbridge's broker distribution strategy by managing and overseeing complex broker compensation programs. From contingent profit commissions and incentive programs to budgeting, forecasting, and financial analysis, your work will help ensure accurate payments, strong governance, and informed business decisions. In this highly visible role, you'll collaborate with leaders across Corporate Sales & Distribution, Regional S&D and Finance, to deliver compensation initiatives, provide meaningful financial insights, and support strategic planning. If you enjoy combining financial expertise, analytical thinking, and process improvement in a dynamic insurance environment, we'd love to hear from you. We want your talent! If you are great at: Turning complex financial data into clear insights and recommendations Managing multiple priorities, deadlines, and annual planning cycles with confidence Building strong relationships and communicating effectively with leaders and business partners Identifying trends, explaining variances, and solving problems through analysis Maintaining a high level of accuracy and attention to detail in financial calculations and reporting You have: A CPA designation and progressive experience in financial analysis, compensation programs, budgeting, or a related field Advanced Excel skills, including financial modelling and data analysis Experience with forecasting, accruals, variance analysis, and operational budgeting Knowledge of compensation, commission, incentive, or broker compensation programs Insurance industry experience and a CIP designation are considered strong assets We really mean it when we say we put you first. Here are a few ways how: Hybrid work! We have a flexible hybrid model that allows you to work from home up to 2 days per week, with added flexibility for when you really need it. We support your financial health through our employee share purchase plan, pension plans, RRSP, discounts on staff insurance, and more! We help you prioritize your well‑being from day one through flexible health benefits, early leave days, wellness programs, rewards, and recognition programs. We are invested in helping you grow in your career through education assistance to complete your CIP, FCIP, CRM or other courses desired, internal mobility, leadership training, and mentoring programs. NBFC cares about the community and supports the causes you believe in with donation matching and team volunteer days. We’re committed to pay transparency and fairness. The base salary range for this position is $94,000 – $142,000, which reflects the expected base pay for the position. The actual base salary offered may vary depending on your experience, skills, and alignment with the role. We’re also open to candidates at different levels, so if this range doesn’t quite match your expectations, we still encourage you to apply. This is a real opportunity — we’re actively hiring. If the role sounds like a good fit, we’d love to hear from you. We also want to be transparent about our hiring process. While one of our systems includes AI capabilities, over 99% of our screening is done by real people. We believe in thoughtful, human‑centered hiring decisions and are committed to giving every application the attention it deserves. Who we are: We’re Northbridge Insurance. We’re proud to work with Canada’s most trusted commercial broker networks. We have a reputation for being one of Canada’s leading commercial insurance providers. Our employees are dedicated to understanding the needs of our customers and creating solutions that help Canadian businesses have a safer and brighter future. We’re a company of passionate people who put people first. Do you want to join a team that believes in working hard – and having fun at work – all while making a difference? Look no further than Northbridge. At Northbridge Financial we embrace and celebrate you and are committed to creating an inclusive workplace for all! No matter who you are or what makes you unique, we welcome you. Please let us know how we can assist or accommodate you during the selection process.

What you’ll do

Manage complex broker compensation programs, including contingent profit commissions and incentive programs, and oversee budgeting, forecasting, and financial analysis. Deliver compensation initiatives, ensure accurate payments and strong governance, provide financial insights, and support strategic planning in collaboration with sales, distribution, and finance leaders.

Requirements

A CPA designation and progressive experience in financial analysis, compensation programs, budgeting, or a related field are required. Candidates should have advanced Excel and financial modeling skills, experience with forecasting, accruals, variance analysis, and operational budgeting, and knowledge of compensation or commission programs; insurance experience and a CIP designation are strong assets.

Benefits

  • Hybrid Work
  • Employee Share Purchase Plan
  • Pension Plans
  • Registered Retirement Savings Plan
  • Staff Insurance Discounts
  • Flexible Health Benefits
  • Early Leave Days
  • Wellness Programs
  • Rewards and Recognition Programs
  • Education Assistance
  • Internal Mobility
  • Leadership Training
  • Mentoring Programs
  • Donation Matching
  • Team Volunteer Days

Listed skills

  • Problem solving · Preferred
  • Budgeting · Preferred
  • Financial Reporting · Preferred
  • Attention to detail · Preferred
  • Data analysis · Preferred
  • Communication · Preferred
  • Financial analysis · Preferred
  • Relationship Building · Preferred
  • Process Improvement · Preferred
  • Forecasting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

  • Financial Analysis
  • Broker Compensation Programs
  • Budgeting
  • Forecasting
  • Financial Modeling
  • Advanced Excel
  • Data Analysis
  • Accruals
  • Variance Analysis
  • Operational Budgeting
  • Financial Reporting
  • Problem-Solving
  • Process Improvement
  • Communication
  • Relationship Building
  • Attention to Detail
  • Distribution Strategies
  • Hybrid Model
  • Workplace Inclusivity
  • Insurance Industry
  • Analytical Thinking
  • Business Decisions
  • Financial Calculations
  • Planning
  • Artificial Intelligence
  • Customer Relationship Management
  • Strategic Planning
  • Discounts And Allowances
  • Finance
  • Fibre Channel Over IP
  • Sales
  • Financial Data
  • Governance
  • Leadership Development
  • Mentorship
  • Detail Oriented

Job areas

  • Finance & Accounting
  • Data & Analytics
  • Sales
  • Management & Leadership
  • Compensation Specialist
  • Compensation / Benefits Specialist
  • Government Social Benefits Officials
  • Compensation, Benefits, and Job Analysis Specialists

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