Risk Management Specialist

7 days ago


Mississauga, Ontario, Canada Teachers Life Insurance Full time
Risk Management Specialist:

Teachers Life Insurance Society (Fraternal) is seeking a highly skilled Risk Management Specialist to join our team. The successful candidate will be responsible for identifying, measuring, monitoring, and reporting on risks, systems, and procedures on an enterprise-wide and disaggregated level. They will also provide reports to the Board, the Risk Committee, and Senior Management on the risks being assumed by Teachers Life and an objective view to the Risk Committee or the Board on whether Teachers Life is operating within the Risk Appetite Framework.

About the Role:

This role is responsible for ensuring all corporate activities follow regulatory requirements and risk management principles related to the governance of the organization as well as any life insurance industry-specific or location-specific laws. The Risk Management Specialist will provide effective identifying, measuring, monitoring, and reporting on risks, systems, and procedures on an enterprise-wide and disaggregated level. They will also provide reports to the Board, the Risk Committee, and Senior Management on the risks being assumed by Teachers Life and an objective view to the Risk Committee or the Board on whether Teachers Life is operating within the Risk Appetite Framework.

Key Responsibilities:
  • Identify, measure, monitor, and report on risks, systems, and procedures on an enterprise-wide and disaggregated level.
  • Provide reports to the Board, the Risk Committee, and Senior Management on the risks being assumed by Teachers Life.
  • Maintain working knowledge of applicable regulatory requirements and ensure the company's compliance through internal controls and audits.

Requirements:

The ideal candidate will have 6-9 years of experience in a senior compliance role, with experience in insurance licensing (insurer and agent) required. A Certificate in compliance or ethics, Canadian Risk Manager (CRM) or similar risk management designation, and bilingual skills are assets. Advanced skills in Excel, PowerPoint, and Word are also required.

Benefits:
  • Opportunity to work with a leading provider of life insurance solutions in Canada.
  • Comprehensive benefits package including Health & Dental Coverage and Short-term Incentive Plan.


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