Comply with the established procedures for documenting the claim file and financial systems. 7. Provide informational updates and receive direction on significant claims and risk management issues ...
Comply with the established procedures for documenting the claim file and financial systems. 7. Provide informational updates and receive direction on significant claims and risk management issues ...
Risk and Change Management Coordinator
Barrie, ON · On-site
CA$70K - CA$90K/yr
Risk and Change Management Coordinator GTA or Ottawa At EXP, we're driven to provide innovative ... Assess the financial impact of potential risks and propose mitigation strategies. * Maintain risk ...
Risk and Change Management Coordinator
Barrie, ON · On-site
CA$70K - CA$90K/yr
Risk and Change Management Coordinator GTA or Ottawa At EXP, we're driven to provide innovative ... Assess the financial impact of potential risks and propose mitigation strategies. * Maintain risk ...
Financial Planner - Barrie
Barrie, ON · On-site
CA$60K - CA$70K/yr
Join Our Team as a Financial Planner Are you a forward-thinking professional with a passion for ... Upholding a strong culture of risk management and control, aligned with the organization's risk ...
Financial Planner - Barrie
Barrie, ON · On-site
CA$60K - CA$70K/yr
Join Our Team as a Financial Planner Are you a forward-thinking professional with a passion for ... Upholding a strong culture of risk management and control, aligned with the organization's risk ...
Director of Finance
King City, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
King City, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Aurora, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Aurora, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Newmarket, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Newmarket, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
East Gwillimbury, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
East Gwillimbury, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Aurora, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Aurora, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Uxbridge, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Director of Finance
Uxbridge, ON · On-site
Governance & Risk Management: * Support Board and Committee meetings through preparation of financial materials and presentations. * Ensure appropriate financial policies, procedures, and risk ...
Strong business and financial acumen; ability to quantify market potential and manage trade-offs. * Operational excellence and program governance (controls, risk management, and compliance ...
Strong business and financial acumen; ability to quantify market potential and manage trade-offs. * Operational excellence and program governance (controls, risk management, and compliance ...
Reviews and provides oversight on end to end processes of varying risk and financial value ... Manages and is accountable for risk mitigation and business resiliency activities and/or strategies.
Reviews and provides oversight on end to end processes of varying risk and financial value ... Manages and is accountable for risk mitigation and business resiliency activities and/or strategies.
Senior Financial Analyst
Aurora, ON · Hybrid
CA$90K - CA$110K/yr
Management of monthly capital spending analysis and reporting * Evaluation and assessment of ... Some requirements may exclude individuals who pose a direct threat or significant risk to the ...
Senior Financial Analyst
Aurora, ON · Hybrid
CA$90K - CA$110K/yr
Management of monthly capital spending analysis and reporting * Evaluation and assessment of ... Some requirements may exclude individuals who pose a direct threat or significant risk to the ...
Ensure consistent data definitions, quality, and governance across Finance (and key partners in Actuarial & Risk) to support all management and external reporting needs. Maintain strong data controls ...
Ensure consistent data definitions, quality, and governance across Finance (and key partners in Actuarial & Risk) to support all management and external reporting needs. Maintain strong data controls ...
Ensure consistent data definitions, quality, and governance across Finance (and key partners in Actuarial & Risk) to support all management and external reporting needs. Maintain strong data controls ...
Ensure consistent data definitions, quality, and governance across Finance (and key partners in Actuarial & Risk) to support all management and external reporting needs. Maintain strong data controls ...
Financial Planningteam understands that helping clients set and achieve their financial goals while ... Maintain a culture of risk management and control, supported by aligned risk appetite * Participate ...
Financial Planningteam understands that helping clients set and achieve their financial goals while ... Maintain a culture of risk management and control, supported by aligned risk appetite * Participate ...
Gathers financial data, prepares analysis and develops workout strategy and alternatives for a ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
Gathers financial data, prepares analysis and develops workout strategy and alternatives for a ... Managing Risk - Assessing and effectively managing all of the risks associated with their business ...
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
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... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
Associate Planner (Future opportunity) - Ontario South West
CA$60K - CA$70K/yr
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
Associate Planner (Future opportunity) - Ontario South West
CA$60K - CA$70K/yr
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
Associate Planner (Future opportunity) - Ontario South West
CA$60K - CA$70K/yr
... financial planning * Sharing your expertise by mentoring and guiding colleagues, fostering a collaborative and supportive environment * Upholding a strong culture of risk management and control ...
Financial Risk Manager information
See Barrie, ON salary details
$28.7K - $40.8K
6% of jobs
$40.8K - $52.9K
5% of jobs
$52.9K - $65K
6% of jobs
$73.4K is the 25th percentile. Wages below this are outliers.
$65K - $77K
10% of jobs
$77K - $89.1K
13% of jobs
The median wage is $96.9K / yr.
$89.1K - $101.2K
15% of jobs
$101.2K - $113.3K
11% of jobs
$124K is the 75th percentile. Wages above this are outliers.
$113.3K - $125.4K
9% of jobs
$125.4K - $137.5K
8% of jobs
$137.5K - $149.5K
11% of jobs
$149.5K - $161.6K
4% of jobs
$28.7K
$101.6K
$161.6K
How much do financial risk manager jobs pay per year?
What are some common challenges Financial Risk Managers face when working with cross-functional teams?
What is the difference between Financial Risk Manager vs Credit Analyst?
| Aspect | Financial Risk Manager | Credit Analyst |
|---|---|---|
| Certifications | FRM, CFA | Fitch, CFA |
| Work Environment | Financial institutions, banks, investment firms | Banks, lending institutions, credit agencies |
| Primary Focus | Assessing and managing overall financial risks | Evaluating creditworthiness of borrowers |
| Industry Usage | Risk management departments, trading floors | Loan departments, credit risk units |
While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.
What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?
What does a Financial Risk Manager do?
Other
Posted 5 days ago
Job description
PART 1 - DESCRIPTION OF POSITION WHO WE ARE The SCMIP became operational on June 1, 2025. The Pool was established to provide a sustainable, municipally governed insurance pool model designed to reduce long-term premium costs, increase claims handling consistency, improve risk management practices, strengthen intermunicipal collaboration, and take greater control of the claims and insurance programs. The Pool consists of 18 members including the County of Simcoe, and 17 area municipalities.
The SCMIP purchases insurance on a group basis for these municipalities and manages all their claims and offers risk management services to all members. POSITION SUMMARY Under the direction of the SCMIP Supervisor, Risk and Claims, this role involves examining, investigating, negotiating, mitigating, and settling claims for SCMIP Members. Responsibilities include examining claims where Third Party Adjusters (TPAs) perform full adjusting functions, developing procedures for efficient claim handling and gathering data for record-keeping and loss forecasting, estimating the financial value of claims and maintaining accurate records, tracking documentation and payments in a centralized claims handling software (ClearRisk), and adjusting insurance claim files from start to finish, including site inspections, information collection, and recommending payment or denial based on legislation.
The role places a strong emphasis on managing physical damage auto claims, and prior experience in this area would be considered a valuable asset. DUTIES AND RESPONSIBILITIES (not listed in order of priority) 1. Examine, validate information and provide direction on claims adjusted by TPA's and when required, attend loss locations, meetings or collect required information to adjudicate such claims.
2. Investigate, negotiate, resolve or deny claims made against the SCMIP members for bodily injury, property losses, general liability, vehicle and transit losses within authorized limits as delegated by the Risk Manager. 3.
Assign field investigation to Third Party Adjusters (TPA's) to attend accidents or loss scenes, photograph, and take statements from claimants and witnesses as required. 4. Review TPA task assigned statements from claimants and witnesses to assist in determining liability and negotiating the compensation or resolve of losses.
5. Retain the services of outside experts such as appraisers, engineers, medical specialists and rehabilitation firms. Review their reports and take action as necessary.
6. Prepare reports, system reports and records as directed and update claims management data within ClearRisk. Comply with the established procedures for documenting the claim file and financial systems.
7. Provide informational updates and receive direction on significant claims and risk management issues from the Risk Manager and insurer. 8.
Provide a review of loss data and risk management services recommendations to the Risk Manager. Work with the Supervisor of Risk and Claims to facilitate required training for frequently occurring claims received by the SCMIP members to establish risk mitigation for future claims. 9.
Complete all required forms in accordance with Legislated Regulations, internal policies and procedures, as well as Standard Operating Procedures. 10. Maintain a good working knowledge of case law including statutes such as The Insurance Act of Ontario, The Highway Traffic Act, The Occupier's Liability Act, The Negligence Act, The Municipal Act, Minimum Maintenance Standards for Municipal Highways, and any other statutes relevant to the types of claims handled.
11. Participate in professional associations to maintain and exchange beneficial information. 12.
Conduct investigations or assignments outside of regular work hours as required. 13. Perform all computer and system related activities consistent with the functional requirements of the job.
14. Other duties as assigned, including deployment in emergency situations. 15.
Comply with provincial and County occupational health and safety legislation, regulations, policies and procedures. 16. Maintain confidentiality in accordance with the Municipal Freedom of Information and Protection of Privacy Act.
CORPORATE COMPETENCIES Has knowledge of and demonstrated ability in our corporate competencies: Acts with the Customer in Mind Ensures Accountability Continuously Seeks to Improve Work Processes Collaborates Communicates with Impact Is Resilient EDUCATION, TECHNICAL SKILLS AND CERTIFICATION Minimum of a two (2) year college diploma in Business Administration. This job may be considered for education equivalency in accordance County Policy. Certified Insurance Professional Designation (CIP) with the Insurance Institute of Canada.
Certified Risk Manager Designation - CRM (will be an asset). Computer skills in Excel, Word, or equivalent. Asset to know and understand claims handling software ClearRisk.
Ability to communicate well, both written and orally. Must be able to maintain a high level of confidentiality. Must be able to handle a busy workload.
Willing and able to provide a Police clearance check. Criminal records check that is less than 6 months old at time of hire. Valid G class drivers license and access to reliable vehicle.
EXPERIENCE At least 5 (five) years' experience in the insurance industry involving the adjusting and processing of claims; significant exposure related to physical damage auto claims, property damage claims and bodily injury claims; the understanding of medical terminology and the interpretation of medical reports; the exposure to setting of reserves; exposure to underwriting and loss analysis. EFFORT Mental and visual effort required when performing analysis and reporting. WORKING CONDITIONS Regular office environment.
Some travel within Simcoe County required. Ability to work remotely if required. #COSIND.