Head Operational Risk

2 weeks ago


Canada PartnerRe Full time

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care. Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to: View Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe. We are always looking for bright, proactive individuals to join our team Please follow our Careers page for all updates on new positions. We look forward to receiving your application. PartnerRe is an equal opportunities employer. Please join our company LinkedIn Page for all updates on new positions that are coming live. Job Description The Head of Operational Risk is responsible for leading the design, implementation, and oversight of the operational risk management framework across PartnerRe Group. This role ensures that operational risks are identified, assessed, monitored, and mitigated in alignment with the Group’s risk appetite and regulatory obligations. The position plays a critical role in embedding a strong risk culture and ensuring resilience across business units. Your key responsibilities will be as follows: Develop and maintain the Group-wide operational risk management framework, including policies, procedures, and governance structures. Lead risk assessments across business units, including outsourcing, IT, compliance, HR, and business continuity domains. Oversee operational risk reporting to Boards, Risk Committees, and regulators. Ensure timely escalation of incidents and emerging risks. Ensure adherence to regulatory requirements such as DORA, Solvency II, and local outsourcing guidelines. Supervise the investigation and remediation of operational incidents and near misses. Promote transparent reporting and root cause analysis. Collaborate with Legal, Compliance, IT Security, and Audit functions to ensure integrated risk oversight. Coordinate with Covéa’s operational risk department and ensure alignment of key metrics. Qualifications You bring a minimum 10 years of experience in operational risk management, preferably in (re)insurance. Furthermore, you possess at least some of the following skills: Effective integration of operational risk into strategic decision-making. Timely and accurate reporting of operational risk metrics and incidents. Demonstrated reduction in risk exposure through proactive mitigation. Regulatory compliance across all jurisdictions. Excellent leadership, communication, and stakeholder management skills. High engagement and performance. Proven track record in developing and implementing risk frameworks. Strong understanding of regulatory environments and risk governance. Experience navigating multi-jurisdictional regulatory landscapes. Professional certifications (e.g., FRM, CPA, CERA) are a plus. Additional Information PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe. Thank you, PartnerRe Hiring Team


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