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Foresters Financial

Life insurance distributor with digital tools

Bilingual Commissions Administrator

Full-Time
$43k - $63k+ Discretionary variable incentive plan
Junior
Remote in Canada
Remote
AccountingAccounts Payable/Receivable

About the job

Requirements
  • A college diploma or equivalent work experience is required.
  • One to two years of experience in the insurance industry is required.
  • Fluency in both French and English, written and verbal, is required.
  • Strong analytical and problem-solving skills are required.
  • Good mathematical skills are required.
  • Intermediate to advanced knowledge of Microsoft Excel is required.
  • Strong attention to detail and accuracy is required.
  • The ability to multitask under pressure and time constraints while meeting deadlines and maintaining attention to detail is required.
  • The ability to respond to changing needs and schedules and to organize and prioritize workload is required.
  • Good judgment and decision-making skills to resolve compensation issues effectively are required.
  • Accurate keyboarding skills and working knowledge of Microsoft Word and Excel are required.
  • Availability to work within Insurance Operations hours of 8:00 a.m. to 8:00 p.m. is required.
  • Willingness to work extended hours, evenings, and weekends during peak periods as required to meet service-level agreements is required.
Responsibilities
  • Prepare weekly and monthly commission runs and reports.
  • Perform compensation adjustments based on policy changes.
  • Ensure commissions are paid correctly and investigate inconsistencies.
  • Provide commission information in a timely manner to internal and external contacts.
  • Input data accurately into the system.
  • Track information and assist with debt collection processes for agents and agencies.
  • Handle commission debt repayments from agents and agencies.
  • Respond to daily telephone and email inquiries about compensation issues and ensure their efficient and accurate resolution while meeting established service-level standards.
  • Perform other duties as required.
Desired Qualifications
  • Post-secondary degree or equivalent field experience is an asset.
  • An accounting or bookkeeping background is an asset.

About the company

Foresters Financial provides life insurance and individual savings products across the U.S., Canada, and the UK, offered through a fraternal benefit society. It uses end-to-end digitized processes and turnkey-decisioned product options that let people obtain life insurance without traditional medical exams, supported by mobile tools that help agents tailor plans for members. The company also offers a suite of member benefits focused on well-being and community support, differentiating itself with member-centric services and a long-standing rating of A (Excellent) from A.M. Best for 23 straight years. After merging with Canada Protection Plan, it became a leading life insurance distributor in Canada. Its goal is to improve financial security and overall wellness for everyday North American families while redefining how life insurance is distributed and valued.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

1874

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Simplify's Take

What believers are saying

  • 2026-05-26: 2025 sales rose 14.5% to CA$384.8 million, driven by new launches.
  • 2026-05-26: Foresters maintained A.M. Best and DBRS A ratings again in 2025.
  • 2026-04-14: Competitive Scholarships expanded for 2026, strengthening member engagement and advisor relationships.

What critics are saying

  • 2023-07-18: Louis Gagnon exited; CEO turnover signals leadership instability until Matt Berman settles.
  • 2026-04-26: Wider accelerated underwriting admits smokers and medicated applicants, increasing adverse selection.
  • A prolonged claims spike would pressure the 2025 CA$662 million payout model and surplus.

What makes Foresters Financial unique

  • 2026-05-26: Foresters reported CA$2.3 billion surplus and 623% U.S. RBC capital.
  • 2026-06-02: Foresters expanded no-medical Canadian coverage to CA$500,000 for prior conditions.
  • 2026-07-07: Foresters Live Well Plus added a single-session digital whole-life sales journey.

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Benefits

  • Remote Work Options
  • Hybrid Work Options
  • Flexible Work Hours
  • Paid Vacation
  • Paid Holidays
  • Wellness Program
  • Mental Health Support
  • Conference Attendance Budget
  • Professional Development Budget
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Family Planning Benefits

Company News

RivalSense
Oct 10th, 2026
Foresters Financial | competitive intelligence profile.

Foresters Financial | competitive intelligence profile. Foresters Financial is a purpose-driven financial services provider that specializes in life insurance and individual savings products... Foresters Financial is a purpose-driven financial services provider that specializes in life insurance and individual savings products across the U.S., Canada, and the UK. The company aims to enrich the lives and well-being of its members through innovative, digitized processes that simplify access to life insurance. With a commitment to community and member benefits, Foresters Financial has established itself as a leading life insurance distributor, particularly after merging with Canada Protection Plan. It operates under the trade name of The Independent Order of Foresters, a fraternal benefit society with a long-standing history. Email Format [first_initial][last]@foresters.com Headquarters Toronto, Ontario 1001-5000 employees Financial Services Specialities Financial Services and Life Insurance

PR Newswire
Apr 28th, 2026
Foresters Financial expands accelerated underwriting to $2M, broadens eligibility and adds digital tools

Foresters Financial has expanded its Accelerated Underwriting programme in the US, raising face amount limits to $2 million for ages 18 to 60 and $1 million for ages 61 to 65. The enhanced programme, effective 26 April 2026, broadens eligibility to include smokers and those taking hypertension or cholesterol medications. The updates introduce a pre-screen checklist on iPipeline iGO e-App, allowing producers to quickly identify potential eligibility before submission. The programme applies across all medically underwritten Foresters products, including Your Term, Advantage Plus II and SMART UL. The expansion coincides with Paul Greene's appointment as Chief Underwriter. For over 150 years, Foresters has provided life insurance whilst maintaining an "A" rating from A.M. Best for 25 consecutive years.

The Independent
Jul 31st, 2025
Foresters Advance to Quarterfinals of NBC World Series

The remainder of the tournament is now single elimination and the Foresters need three victories to capture their 11th NBC World Series Championship.

InsuranceNewsNet
Jul 7th, 2025
Foresters Financial introduces new participating whole life insurance

(Toronto, ON, July 7, 2025) - Foresters Financial introduces Foresters Live Well Plus, a new participating whole life insurance product available through a new innovative single-session digital journey.

PR Newswire
Mar 4th, 2025
Foresters Financial Invites Students To Apply For 2025 Competitive Scholarships

Number of scholarships across Canada and the US increases to 400. TORONTO, March 4, 2025 /PRNewswire/ - Foresters Financial™ (Foresters), the global life insurer that empowers its members to do more of the good they want to do, announced that it has launched the 2025-2026 academic year Competitive Scholarship1. Foresters Competitive Scholarship benefit offers members and their families the chance to apply for scholarships that support outstanding academic goals and community engagement. Applications are now open for both new and returning candidates, starting December 5, 2024, and closing April 30, 2025