Banking / Insurance Jobs in Canada 2026

18 entry-level positions available (15 full-time, 3 internships)

Banking and Insurance roles span commercial banking, wealth management, insurance underwriting, and actuarial positions across Canada. The Big Five banks (RBC, TD, BMO, CIBC, Scotiabank) and major insurers (Manulife, Sun Life, Intact, Great-West Life) are among Canada's largest employers. Entry-level positions in commercial banking start at $50,000-$65,000 CAD, while actuarial roles command $60,000-$80,000. These careers offer excellent job stability and clear advancement paths.

In-Demand Skills for Banking / Insurance

  • Credit Analysis
  • Financial Statements
  • Salesforce / CRM
  • Lending Products
  • Actuarial Science
  • Insurance Products
  • Mortgage Underwriting
  • Relationship Management
  • Excel / VBA
  • Regulatory Knowledge

Career Resources

Showing all banking / insurance positions for new grads, juniors, and interns in Canada.

Frequently Asked Questions

What entry-level banking roles are available for new graduates?

New graduates can enter as commercial banking analysts, credit analysts, or financial advisors. The Big Five banks also offer rotational programs that expose you to multiple areas including commercial lending, risk, and wealth management.

Is actuarial science a good career in Canada?

Yes. Actuaries are consistently ranked among the best careers for job satisfaction and compensation. Entry-level salaries are $60,000-$80,000 CAD, rising significantly with each exam passed. Major employers include Manulife, Sun Life, Intact, and consulting firms.

What is the difference between commercial and retail banking?

Commercial banking serves businesses (analyzing financial statements, structuring loans), while retail banking serves individual customers (personal accounts, mortgages). Commercial banking analyst roles are more analytical and typically pay more at the entry level.