Senior Broker Compensation Specialist

Northbridge Financial Corporation; Toronto; Hybrid; CAD 94,000 - 142,000; Full time

Benefits offered by this job

Hybrid work

Employee share purchase plan

Pension plans

RRSP

Staff insurance discounts

Education assistance (CIP/FCIP/CRM)

Mentoring programs

Volunteer days

Job summary

Northbridge Financial Corporation is seeking a Senior Broker Compensation Specialist to support broker compensation strategies, overseeing complex programs, budgeting, forecasting, and providing insights for strategic planning. You will collaborate with Corporate Sales & Distribution, Regional S&D, and Finance to drive compensation initiatives and governance.

You will thrive on turning data into actionable insights, managing multiple priorities, and maintaining accuracy in financial reporting,

Qualifications

• CPA designation and progressive experience in financial analysis and compensation programs.
• Advanced Excel skills with financial modelling and data analysis.
• Experience with forecasting, accruals, and variance analysis.
• Knowledge of broker compensation programs and budgeting.

Responsibilities

• Manage and oversee complex broker compensation programs.
• Budget, forecast, and perform financial analysis to support planning.
• Provide governance and insights to enable informed decisions.
• Collaborate with sales, distribution, and finance leaders.

Skills

Advanced Excel

Forecasting

Variance analysis

Broker compensation programs

Financial analysis

Education

CPA designation

CIP designation

Job description

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.

This is a real opportunity — we’re actively hiring.

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.

Northbridge Financial Corporation is a leading commercial property and casualty insurance company that’s been helping protect Canadian businesses for more than 90 years. We’re 100% Canadian! We offer a wide range of creative solutions to our customers through our Northbridge Insurance, TruShield Insurance and Federated Insurance brands where we strive to create a fair and friendly culture. By continually striving to challenge the status quo, and by focusing on helping our customers, we’ve been able to build our reputation as one of Canada’s largest commercial insurance providers.