Senior Risk Manager

1 month ago


Old Toronto, Ontario, Canada Pacific Life Re Full time

Job Title

Senior Risk Manager

Job Description

Pacific Life Re is seeking a talented Senior Risk Manager to join our Enterprise Insurance Risk Management team in Toronto, ON. This role is on-site, hybrid with flexibility to work from home.

We are looking for a seasoned actuary with significant experience in insurance risk management, product pricing, and reinsurance. The ideal candidate will have a proven track record of developing and applying advanced analytics models to drive business decisions.

Key Responsibilities:

  • Collaborate with stakeholders to monitor and quantify enterprise-wide insurance risk, including mortality, longevity, morbidity, policyholder behaviors, reinsurance, underwriting, and other relevant risks.
  • Develop and maintain robust documentation to ensure a clear and accessible approach to insurance risk management.
  • Own and improve quarterly monitoring to provide a consolidated and consistent view of the enterprise's insurance risk exposure.
  • Support the Head of Insurance Risk Analytics & Oversight, Divisional CROs, and the wider Risk function in providing effective second-line challenge and oversight.

Requirements:

  • Bachelor's degree and Fellow of the Society of Actuaries or similar organization; advanced degree in a quantitative field preferred.
  • At least 5 years of responsible actuarial experience with significant exposure to product pricing, reinsurance, and insurance risk management across retail and institutional lines of business.
  • Proven track record of developing and applying advanced analytics models in applications such as pricing, assumptions development, and economic capital.
  • Demonstrated ability to analyze and distill emerging risk trends, effectively communicate insights, and identify potential risk mitigants.

What We Offer:

  • Competitive salaries
  • Work-life balance
  • Collaborative and inclusive culture
  • Social activities and events
  • Formal and informal mentoring
  • Learning and development options
  • Corporate Social Responsibility initiatives
  • Lots of fun clubs to join

Pacific Life Re Principles and Behaviours

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