Risk Management Manager – Reinsurance, Actuary
Canada Life
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • Canada
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About the role
- Assess and challenge new reinsurance deals, preparing clear and insightful risk summaries for senior decision makers.
- Develop quarterly CRO reports and other risk materials, including analysis and presentation to the Reinsurance Executive Risk Management Committee.
- Quantify and analyze key risk measures such as Capital at Risk, Earnings at Risk and Liquidity at Risk on a quarterly basis.
- Support the annual risk budget for the Reinsurance Division.
- Participate in deep dive reviews (e.g., tail risk, liquidity stress testing, limit reviews) that directly inform strategic priorities.
- Identify and report on current and emerging risks, drawing from business insights and independent research.
- Help evolve our risk identification, measurement, and reporting processes, contributing to both Reinsurance-led and Lifeco-wide initiatives.
- Provide input on risk mitigation strategies.
- Monitor and report on compliance with the Risk Appetite Framework, risk limits, policies, and operating standards.
- Support timely communication and follow-up for risk limit breaches and associated remediation plans.
Requirements
- Fellow of the Society of Actuaries/Canadian Institute of Actuaries (or equivalent)
- Strong analytical and problem-solving skills
- Excellent oral and written communication skills, including the ability to communicate complex analyses into clear insights.
- Able to build cross-functional relationships
- Able to work independently and adapt to a changing work environment
- Strong time-management skills and the ability to deliver high quality work under tight deadlines
- Strong attention to detail.
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Remote work options
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
risk analysisrisk reportingcapital at riskearnings at riskliquidity at riskrisk mitigation strategiesstress testingrisk identificationrisk measurementrisk appetite framework
Soft Skills
analytical skillsproblem-solving skillsoral communicationwritten communicationrelationship buildingindependenceadaptabilitytime managementattention to detail
Certifications
Fellow of the Society of ActuariesCanadian Institute of Actuaries