Operational Risk Specialist
4 days ago
We are seeking an experienced Risk Analyst to join our team at Millennium Insurance Corporation. As a Risk Analyst, you will play a critical role in supporting the Chief Risk Officer - Alberta by conducting risk assessments, analyzing data, and preparing reports on risk exposure and trends.
This is a complex role that requires comprehensive knowledge of enterprise risk management in the insurance industry. You will be working closely with multiple business groups to identify, assess, monitor, measure, and report on various key risk indicators.
About the Role
The successful candidate will have a strong background in risk management, preferably in the insurance industry. You will be responsible for performing analyses, identifying trends, and creating reporting for internal and external use. This includes assisting in risk-rating of quantitative models and supporting business units in the enhancement of controls, monitoring, and performance measurement as necessary.
You will also support Risk Management projects and initiatives to drive improvements to key processes and controls. Additionally, you will assist with processes for assigned enterprise risk programs, including designing and launching workflows, tracking status, following up with users to ensure task completion, and reporting status and results.
Responsibilities
- Perform analyses, identify trends, and create reporting for internal and external use.
- Assist in risk-rating of quantitative models.
- Support business units in the enhancement of controls, monitoring, and performance measurement as necessary.
- Support Risk Management projects and initiatives to drive improvements to key processes and controls.
- Assist with processes for assigned enterprise risk programs.
Requirements
To be successful in this role, you will need a Bachelor's degree in Business Administration, Economics, Risk Management, or a related field. You will also require minimum 2-5 years of experience as a Risk Analyst/Specialist (ERM), preferably in the insurance industry. Professional certifications such as CRM, RIMS-CRMP, CPCU, or equivalent are an asset.
You will need to possess strong knowledge of ERM principles, methodologies, and best practices. Proficiency in data analysis, risk modeling tools, and risk reporting using risk management software and Office365 solutions is also required. Familiarity with insurance industry operations, products, and regulatory requirements is essential.
Benefits
As a Risk Analyst at Millennium Insurance Corporation, you will enjoy a competitive salary package, comprehensive benefits, and opportunities for professional growth and development. We offer a hybrid work option, allowing you to balance your work and personal life. Our company values diversity, inclusion, and employee well-being, making us an excellent choice for those seeking a supportive and dynamic work environment.
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