Risk Management Manager in Reinsurance providing risk oversight and strategic decision-making across the international reinsurance division. Influencing risk measurement and management strategies to support growth and compliance.
Responsibilities
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
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