Risk & Return Senior Manager

5 days ago


Markham, Ontario, Canada Allstate Canada Full time $120,000 - $180,000 per year

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description
The Risk and Return Management Senior Manager leads the strategic initiative to provide risk/return expertise to the organization. This role has deep insights across business/functional areas to challenge and report. This role is responsible for implementing and influencing the risk frameworks across Allstate. The risk framework consists of tools, standards, and risk processes through which directs and assists MFBs/AORs to identify and assess risk, mitigate risk in accordance with appetite and analyze and understand the risk environment overall.

Who is Allstate:
Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. Serving Canadians since 1953, Allstate strives to reassure both customers and employees with its "You're in Good Hands" promise and is proud to have been named a Best Employer in Canada for nine consecutive years. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. To learn more, visit For safety tips and advice, visit

Through our Employee Value Proposition, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options and truly enjoy the work they do.
Role Designation:
Hybrid

Benefits To Joining Allstate

  • Flexible Work Arrangements
  • Employee discounts (15% on auto and property insurance, plus many other products and services)
  • Good Office program (receive up to 400$ back after purchasing office equipment)
  • Student Loan Payment Matching Program for Government Student loans
  • Comprehensive Retirement Savings Program with employer matched contributions
  • Annual Wellness allowance to support employees with improving health and wellbeing
  • Personal reflection day
  • Tuition Reimbursement
  • Working within the community and giving back

Key Responsibilities

  • Serve as a trusted risk advisor, respond to 1st Line risk and return needs; support with consistent application of the risk frameworks and facilitate risk and return decisions and risk-based prioritization
  • Develop a holistic view of risk and return, apprised of business strategies, results and challenges. Considered an extension of 1st Line leadership teams and advices ERRM leaders on risk profile of relevant areas/initiatives
  • Educate and empower 1st Line to drive risk and return and increase 1st Line accountability
  • Build and maintain strong working relationship with 1st Line leadership, including support areas (Technology, Legal, Compliance, HR and other key functional areas)
  • Influence the appropriate management of risk, including: monitoring, reporting, and an escalation structure to optimize risk and return
  • Responsible for effective independent challenge of first line risk management activities and accountable to escalate and report significant issues
  • Review, research, interpret, and analyze risk data to identify trends, emerging risks, and issues and form hypotheses and assumptions of future impact
  • Lead risk and return reviews in targeted areas of risk and provides risk consulting on complex or cross functional topics
  • Contribute to or lead strategic initiatives for the enterprise risk and return management program
  • Communicate with leadership including preparing information to the Operational Risk and Return Council and Enterprise Risk and Return Council

Education

  • 4 year Bachelors Degree (Preferred)

Allstate Canada Group has policies and practices that provide workplace accommodations. If you require accommodation, please let us know and we will work with you to meet your needs.

Joining our team isn't just a job — it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.


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