Senior Broker Compensation Specialist

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

Benefits offered by this job

Hybrid work

Employee stock plan

Pension plan

RRSP

Insurance discounts

Job summary

Northbridge Insurance seeks a Senior Broker Compensation Specialist to lead complex broker compensation programs, including budgeting, forecasting, and financial analysis. You will provide actionable insights, strengthen governance, and support strategic decisions with leaders across Corporate Sales & Distribution, Regional S&D, and Finance.

The role emphasizes financial expertise, analytical thinking, and process improvement in a dynamic insurance environment, with a hybrid work arrangement.

Qualifications

• CPA designation with progressive experience in financial analysis, compensation programs, budgeting, or 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 CIP designation are strong assets.

Responsibilities

• Turn complex financial data into clear insights and recommendations.
• Support budgeting, forecasting, and planning cycles.
• Explain variances and trends to leaders and partners.
• Ensure accurate payments and strong governance of broker compensation programs.
• Collaborate with cross-functional partners across Corporate Sales & Distribution, Regional S&D, and Finance.

Skills

Financial data analysis

Prioritization & planning

Stakeholder communication

Variance analysis

Attention to detail

Education

CPA designation

CIP designation (asset)

Tools

Excel (advanced)

Financial modelling

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 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 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.