JobsBusiness & Financial AnalystTorontoSenior Business Analyst

The Canada Life Assurance Company

Posted on 13 Aug · Jobs at The Canada Life Assurance Company

Senior Business Analyst

The Canada Life Assurance Company · Winnipeg, Manitoba, Canada · also London, Ontario, Canada, Toronto, Ontario, Canada

Full-timeHybrid5-10 yrsCA$91k–CA$110kListed as no visa sponsorshipFinancial Services
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In short

The Senior Business Analyst leads the analysis of complex business challenges and defines requirements to deliver technology-enabled solutions. They act as a strategic partner to stakeholders, facilitating decision-making and driving business process improvements across the organization.

What they're looking for

MUST-HAVE SKILLS

Business analysisStakeholder managementRequirements gatheringBusiness process improvementData modelingAgileScrumWaterfall

ALSO MENTIONED

Business AnalystSDLCAgileScrumWaterfallStakeholder ManagementData ModelingData MappingBusiness Process ImprovementRequirements Gathering

Candidates must possess a degree in a related discipline and a minimum of 5 years of experience in a senior business analysis role. Strong proficiency in business analysis methodologies, SDLC, and stakeholder management within Agile or Waterfall environments is required.

About the employer

Canada Life

hiring as The Canada Life Assurance Company

At Canada Life, we’re focused on improving the financial, physical and mental well-being of Canadians. Whether handling policy claims, help growing and protecting clients’ retirement and investment savings, providing workplace mental health support for all employers or helping build stronger communities by investing in community projects, we are committed to putting the customer first in all that we do.

Read more

That trust is built on the dedication, skill and energy of our employees and advisors and their commitment to our customers and to our communities. Canada Life is a subsidiary of Great-West Lifeco Inc. and is a member of the Power Corporation group of companies.

INDUSTRY
Financial Services
COMPANY
Public Company
HEADQUARTERS
Toronto, Ontario
SIZE
10,001+on LinkedIn
OFFICES
2 on LinkedIn
OPEN HERE
16 roles

KNOWN FOR

Insurance and Wealth Management

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Questions about this role

Is this The Canada Life Assurance Company role remote?
Tagged hybrid.
What does it pay?
The posting lists CA$90,800–CA$110,400 a year.
Does it sponsor visas?
Listed as no visa sponsorship.
What experience does it ask for?
Listed as 5-10 years.

The posting, in full

Permanent Full Time - The Senior Business Analyst is a strategic partner responsible for leading the analysis of complex business challenges and opportunities, defining business and system requirements, and contributing to the design and delivery of technology-enabled solutions. The role works closely with business leaders, product owners, architects, developers, and project teams to ensure solutions align with organizational objectives, operational needs, and enterprise standards.

▶ READ THE FULL POSTING

Permanent Full Time

-

The Senior Business Analyst is a strategic partner responsible for leading the analysis of complex business challenges and opportunities, defining business and system requirements, and contributing to the design and delivery of technology-enabled solutions. The role works closely with business leaders, product owners, architects, developers, and project teams to ensure solutions align with organizational objectives, operational needs, and enterprise standards.

As a trusted advisor, the Senior Business Analyst drives business process improvements, supports transformation initiatives, facilitates informed decision-making, and ensures successful delivery of strategic programs. This role also provides leadership and mentorship to other analysts while promoting analysis best practices across the organization.

What you will do

The Senior Business Analyst maintains a “business perspective” through all phases of the problem resolution and systems enhancement. Senior Business Analysts work closely with the business to understand their needs, opportunities and requirements. Working in a team environment, the Senior Business Analyst is responsible for:

  • Build and maintain strong relationships with business and technology stakeholders at all levels of the organization.
  • Act as a trusted advisor by identifying opportunities to improve business processes, operating models, and technology solutions.
  • Lead analysis activities for large, complex, and cross-functional initiatives from conception through implementation.
  • Facilitate discovery sessions, workshops, interviews, and requirements gathering activities to understand business needs and objectives.
  • Conduct current-state and future-state assessments and identify gaps, risks, dependencies, and opportunities.
  • Build business cases, cost-benefit analyses, problems/opportunities, and investment recommendations to support decision-making.
  • Define, document, prioritize, and validate functional and non-functional requirements.
  • Present recommendations, findings, and project updates to leadership.
  • Facilitate decision-making, issue resolution, and consensus-building among stakeholders.
  • Develops and validates solution design with business stakeholders, articulating logical design alternatives and recommending appropriate solutions
  • Partners with the QA team to ensure test strategies, plans and processes align with the business requirements and enables efficiencies in the work or testing process.
  • Provides leadership by fostering and mentoring, an inspiring team environment
  • Participate in Agile ceremonies, including backlog grooming, sprint planning, and retrospectives.

What you will bring

  • Degree in related discipline (Finance Management Information Systems, Business Administration, Computer Science, Computer Engineering, etc.) or equivalent combination of training and experience with a minimum of 5+ years of experience in a senior business analysis role.
  • Strong understanding of business analysis methodologies, frameworks, and best practices.
  • Extensive knowledge of finance processes and business operations, coupled with strong stakeholder management skills and the ability to partner effectively across diverse functional areas
  • Proven leadership and internal consulting skills, with a commitment to customer service
  • Exceptional verbal, written, presentation, and facilitation skills.
  • Excellent understanding of project methodologies, processes and practices
  • Strong understanding of software development lifecycles (SDLC)
  • Experience working in Agile, Scrum, and/or Waterfall environments.
  • Experience with enterprise applications, integrations, and data analysis
  • Strong analytical and problem-solving skills that rely on a structured approach
  • Proficient with data modelling techniques and tools, data mapping from source systems
  • Strong interpersonal skills and a demonstrated ability to work effectively under pressure in an individual and team environment
  • Communicates effectively in writing and verbally with focus on attention to detail

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The base salary for this position is between $90,800 - $110,400 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.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Canada Life

We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!

What we offer:

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:

  • Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
  • Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
  • Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
  • Financial Security: Company-matching pension plan, share ownership program and additional investment options.
  • Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
  • Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

#LI-Hybrid

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This listing comes from The Canada Life Assurance Company's own careers site. Apply links go to the employer. Company facts are from Canada Life's public profile. Last checked 6 Nov 2026.