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Director Insurance & Risk Management Jobs in Toronto, ON

Scotiabank

Director, Technology Risk

Toronto, ON

Support the Director IT Risk Governance, Standards and Controls and lead the governance and ... Own and maintain the Bank's technology and cyber issues management process * Lead the design and ...

Sun Life Financial

Insurance Review Manager

Toronto, ON · On-site

Reporting to the Director, Insurance Oversight Programs, the Insurance Review Manager will assist ... of risk management, program effectiveness and technical enhancements * Perform ongoing market ...

Capital One

Senior Director, Risk

Toronto, ON · Hybrid

About the Role The Senior Director, Risk Management leads the Canada Card Risk Office team. The Canada Risk Office provides support for new and emerging Canada Card business strategies as well as ...

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All JobsDirector Insurance & Risk Management JobsDirector Insurance & Risk Management Jobs in Toronto, ON

Director Insurance Risk Management information

See Toronto, ON salary details

$25.3K

$90.7K

$167K

How much do director insurance & risk management jobs pay per year?

As of Jun 9, 2026, the average yearly pay for director insurance & risk management in Toronto, ON is $90,749.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,260.00 and $121,201.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Director Insurance & Risk Management position, and why are they important?

To thrive as a Director Insurance & Risk Management, you need expertise in risk assessment, insurance portfolio management, and financial analysis, typically supported by a degree in finance, business, or related fields. Familiarity with risk management information systems (RMIS), claims management software, and professional certifications such as CPCU or ARM is highly advantageous. Strong leadership, negotiation skills, and the ability to communicate complex concepts to non-experts help you stand out in this position. These skills are vital to effectively identify, mitigate, and manage organizational risks while safeguarding company assets and ensuring regulatory compliance.

What is a Director Insurance & Risk Management job?

A Director of Insurance & Risk Management is responsible for overseeing an organization's insurance programs and risk management strategies. They assess potential risks, develop policies to mitigate them, and ensure compliance with regulations. Their role includes negotiating insurance coverage, managing claims, and advising executives on financial and operational risks. This position requires strong analytical skills, industry knowledge, and the ability to implement risk-reduction strategies effectively.

What are the typical challenges faced by a Director Insurance & Risk Management, and how can you address them?

Directors of Insurance & Risk Management often face challenges such as balancing cost control with adequate insurance coverage, staying updated on evolving regulations, and managing claims efficiently. Addressing these challenges requires proactive risk assessment, close collaboration with internal stakeholders, and building strong relationships with brokers and insurance carriers. Successful professionals in this role remain adaptable to shifting business landscapes and continuously seek out innovative risk mitigation strategies. Utilizing data-driven insights and effective communication within cross-functional teams can also help overcome common hurdles in the role.

What cities near Toronto, ON are hiring for Director Insurance & Risk Management jobs? Cities near Toronto, ON with the most Director Insurance & Risk Management job openings:
Director Insurance Risk Management jobs near you
Infographic showing various Director Insurance & Risk Management job openings in Toronto, ON as of May 2026, with employment types broken down into 76% Full Time, 22% Part Time, 1% Contract, and 1% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $90,749 per year, or $43.6 per hour.

Managing Director, Enterprise Risk

CPP Investments

Toronto, ON

Full-time

Posted 3 days ago

Job description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world's most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, Sao Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

  • Stimulating work in a fast-paced and intellectually challenging environment

  • Accelerated exposure and responsibility

  • Global career development opportunities

  • Diverse and inspiring colleagues and approachable leaders

  • A hybrid-flexible work environment with an emphasis on in-person collaboration

  • A culture rooted in principles of integrity, partnership, and high performance

  • An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.

Role Summary:

The Managing Director, Enterprise Risk plays a senior leadership role within the Enterprise Risk function, with a primary focus on technology and operational risks across CPP Investments. The role operates with shared senior accountability, collaboration and collective leadership for the overall mandate, culture, and effectiveness of the function. Reporting to the Head of Enterprise Risk, this role is instrumental in providing independent oversight, constructive challenge, and strategic partnership to stakeholders across the organization, while contributing to enterprise-wide risk governance, management, and decision-making.
Enterprise Risk provides independent risk governance and constructive challenge while delivering integrated, forward-looking risk insights that enhance decision-making and improve enterprise and investment outcomes across CPP Investments. The group advances this mandate by focusing on material enterprise-wide and transversal risks, integrating operational, enterprise and investment perspectives.

Accountabilities & Qualifications:

Accountabilities

  • Act as a senior leader within Enterprise Risk, sharing accountability for strategy, priorities, and culture.

  • Contribute to enterprise risk strategy, frameworks, taxonomy, appetite, and reporting, with emphasis on technology, cyber, data and operational risks.

  • Lead independent oversight and challenge of technology, cyber, data, and operational risks.

  • Partner with Technology, Operations, and other stakeholders to support effective, balanced and well-calibrated risk and control design while maintaining second-line independence.

  • Oversee identification, monitoring, and reporting of key and emerging risks with emphasis on technology and operational risks.

  • Play a leadership role advancing the use of new technology and tools to advance effective risk management and delivery of the Enterprise Risk function

  • Support robust Management and Board risk governance through clear, decision-relevant reporting.

  • Advise senior leaders on risk trends, control effectiveness, and mitigation strategies.

  • Work closely with partners across Risk, Assurance & Advisory, Legal, and other stakeholders with risk oversight roles to deliver integrated risk oversight.

  • Play a key leadership role in managing and developing a diverse team, fostering an inclusive, high-performance, and partnership-oriented culture.

Qualifications

  • Undergraduate degree in business, finance, technology, or other relevant field; graduate degree and relevant professional certifications are assets.

  • 10+ years of progressive experience in enterprise, technology, operational, or risk management roles in a complex, institutional financial services, asset management or similar environment.

  • Demonstrated experience overseeing technology, cyber, data, operational, and third-party risks in complex organizations.

  • Strong understanding of governance, risk, and control frameworks and experience engaging senior management.

  • Ability to balance independent challenge and constructive partnership

  • Enterprise mindset with sound judgment, strong communication skills, and proven ability to lead collaboratively in shared-accountability environments.

  • High integrity, resilience, and commitment to CPP Investments' purpose and values.

Visit ourLinkedIn Career Pageorfollow usonLinkedIn.

At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.

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