Senior Advisor, Insurance Risk Oversight

iA Financial Group•Montreal, QC

1d•CA$115,000•Hybrid

About The Position

Build the future with us Are you driven by the world of insurance and financial services and eager to contribute to the purpose of a company that aims to help its clients feel confident and secure about their future? As a Senior Advisor, Insurance Risk Oversight, you will play a key role in developing, implementing, and maintaining iA’s insurance risk management framework while providing independent oversight of insurance risk exposure across the organization. This position represents a great opportunity to showcase your skills and fully leverage your potential within a caring and trustworthy organization. Here, people and their development are at the heart of our priorities, fostering an environment that encourages collaboration and innovation.

Requirements

Holds a bachelor’s degree in actuarial science, mathematics, finance, or any other relevant training.
Has a minimum of 8 years of experience in insurance or actuarial roles, ideally with a focus on risk management or oversight.
Is recognized for their strong understanding of life and health insurance products, pricing, valuation, and capital frameworks.
Stands out for their analytical mindset, critical thinking, and sound judgment.
Demonstrates strong communication skills and the ability to influence senior management.
Writes clearly and concisely, producing well-structured reports and documentation.
Builds constructive relationships and collaborates effectively with cross-functional teams.

Nice To Haves

French speaking and writing skills an asset.

Responsibilities

Lead the enhancement and execution of the Insurance Risk Oversight Framework, aligned with regulatory expectations.
Provide oversight of insurance risk exposures, including mortality, morbidity, longevity, lapse, catastrophe, and expense risks.
Assess key actuarial assumptions and methodologies used in pricing, reserving, and capital models.
Provide independent review and feedback on new product decisions and pricing decisions.
Contribute to the Own Risk and Solvency Assessment (ORSA) and Stress Testing programs from an insurance risk perspective.
Develop and maintain insurance risk dashboards, KRIs, and reporting for Senior Management and relevant committees.
Monitor emerging insurance risks, insurance sector trends, and regulatory developments, and provide proactive insights and recommendations.
Evaluate reinsurance arrangements and strategies from a risk perspective and support enhancements to the reinsurance decision framework.
Review reinsurance contractual terms and clauses to ensure alignment with group-wide insurance practices and harmonization standards.
Support sectors in applying sound risk management practices, ensuring that product development decisions comply with the risk management framework.
Promote risk culture through education, training, and guidance across the organization.