Risk Management Manager, Reinsurance
About The Position
The Reinsurance Division of Great-West Lifeco participates in international reinsurance markets, providing Reinsurance solutions to clients across the US, Europe and Asia. We are among the top 10 life reinsurers in the United States by assumed business, and we continue to grow rapidly. Joining our Reinsurance Risk Management team means stepping into a dynamic and evolving environment where your work directly supports strategic decision‑making across the division. This role, reporting to the Director, Reinsurance Risk Management, offers deep exposure to our global business and a unique opportunity to influence how risks are understood, measured, and managed. You will work closely with teams across the Reinsurance Division as well as partners in the Lifeco Enterprise Risk Function—making this a highly visible role with excellent opportunities for career development, cross-functional learning, and meaningful impact.
Requirements
- Fellow of the Society of Actuaries/Canadian Institute of Actuaries (or equivalent)
- Strong analytical and problem-solving skills
- Excellent oral and written communication skills, including the ability to communicate complex analyses into clear insights
- Able to build cross-functional relationships
- Able to work independently and adapt to a changing work environment
- Strong time-management skills and the ability to deliver high quality work under tight deadlines
- Strong attention to detail
Responsibilities
- Assess and challenge new reinsurance deals, preparing clear and insightful risk summaries for senior decision makers.
- Develop quarterly CRO reports and other risk materials, including analysis and presentation to the Reinsurance Executive Risk Management Committee.
- Quantify and analyze key risk measures such as Capital at Risk, Earnings at Risk and Liquidity at Risk on a quarterly basis.
- Support the annual risk budget for the Reinsurance Division.
- Participate in deep dive reviews (e.g., tail risk, liquidity stress testing, limit reviews) that directly inform strategic priorities.
- Identify and report on current and emerging risks, drawing from business insights and independent research.
- Help evolve our risk identification, measurement, and reporting processes, contributing to both Reinsurance-led and Lifeco-wide initiatives.
- Provide input on risk mitigation strategies.
- Monitor and report on compliance with the Risk Appetite Framework, risk limits, policies, and operating standards.
- Support timely communication and follow-up for risk limit breaches and associated remediation plans.
Benefits
- Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
- Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
- Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
- Financial Security: Company-matching pension plan, share ownership program and additional investment options.
- Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
- Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
