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Insurance Risk Manager Jobs in Gormley, ON (NOW HIRING)

Our Corporate Insurance and Risk Management Team is seeking a motivated Insurance Specialist / Insurance Coordinator to partner closely with Legal, Finance, Procurement, Project Delivery, Human ...

... the Insurance Risk Management team, including scheduling and tracking follow-ups/actions. Maintain a clear, centralized to-do list of outstanding requests, responsible parties, and due dates ...

As Robinhood expands its operations in Canada, we are building an independent risk management ... Top tier benefits to fuel your work, including supplemental health insurance, ancillary insurance ...

Prepare detailed reports and presentations for management. * Evaluate risk and forecast future insurance trends. Risk Assessment: * Consider risk mitigation strategies and recommend appropriate ...

As part of our One Firm Risk model, members of our team have an extensive track record of managing our overall risk management needs. We focus on supporting the business in delivering quality ...

Showing results 21-40

Insurance Risk Manager information

What does an Insurance Risk Manager do?

An Insurance Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact an organization’s assets, operations, or reputation. They analyze various types of risks—including financial, operational, and compliance risks—and develop strategies to minimize potential losses. Insurance Risk Managers also advise on appropriate insurance coverage, negotiate policies with insurers, and ensure that the company complies with relevant regulations to protect against unforeseen events.

What are the key skills and qualifications needed to thrive as an Insurance Risk Manager?

To thrive as an Insurance Risk Manager, you need expertise in risk assessment, analytical thinking, and a strong understanding of insurance principles, often supported by a relevant degree and certifications like ARM or CPCU. Familiarity with risk modeling software, statistical analysis tools, and regulatory compliance systems is typically required. Strong communication, decision-making, and problem-solving skills help you effectively advise stakeholders and manage complex risk scenarios. These abilities are crucial for identifying, evaluating, and mitigating risks to protect organizational assets and ensure regulatory compliance.

What are the most common challenges Insurance Risk Managers face when working across different departments?

Insurance Risk Managers often collaborate with various departments such as underwriting, claims, and compliance to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment of risk policies across teams that may have different priorities or levels of risk awareness. Balancing regulatory requirements with business objectives can also be complex, requiring strong negotiation and relationship-building skills. Successfully navigating these challenges helps create a unified risk culture and strengthens the organization's overall resilience.

What is the difference between Insurance Risk Manager vs Insurance Underwriter?

AspectInsurance Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in risk management, finance, or related fields; professional certifications like ARM or CPCU are commonUsually holds a bachelor's degree in finance, economics, or related areas; certifications like CPCU or ARe are beneficial
Work EnvironmentWorks in corporate risk management departments, analyzing and mitigating risks for the companyWorks in insurance companies, assessing individual or business applications to determine coverage and premiums
Employer & Industry UsageUsed by insurance companies and large corporations to manage risk exposurePrimarily employed by insurance carriers to evaluate and approve insurance policies

While both roles involve understanding insurance policies, the Insurance Risk Manager focuses on overall risk mitigation strategies within an organization, whereas the Insurance Underwriter evaluates individual insurance applications to determine coverage and pricing.

What cities near Gormley, ON are hiring for Insurance Risk Manager jobs?

Cities near Gormley, ON with the most Insurance Risk Manager job openings:

Infographic showing various Insurance Risk Manager job openings in Gormley, ON as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 20% Part Time, and 6% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution.

CA$107K - CA$157K/yr

Full-time

Medical, Dental, Life, Retirement

Re-posted 6 days ago


Job description

Permanent Full Time

Technology redefines the way we work and deliver to meet business needs and elevate the customer experience. You'll be part of an organization that is embracing modern technology, innovation and agile ways of working. 

As part of the 2nd line of defense, you will work with a team of technology risk professionals to ensure that our business identifies, assesses, and responds to key risks. You will work closely with stakeholders in all three lines of defence as you continue to grow your expertise in risk management as well as emerging technologies.

What you will do 

  • Contribute to the design and execution of Canada Life's technology risk management framework
  • Coordinate with Canada's 1st Line of Defence and other oversight functions to develop, implement, and continuously improve on risk management frameworks, policies, standards, and processes across the Canadian Business Units
  • Provide independent oversight and analysis of current and emerging risks identified and assessed by the business through Risk and Control Assessments, Initiative and Compliance Risk Assessments, Risk Indicators, Risk Opinions, and other types of assessments
  • Provide monitoring and oversight of the technology control environment
  • Assist with technology risk related regulatory examinations and communication, conduct reviews to identify possible risks and monitor the implementation progress of the remedial action(s)
  • Promote the importance of risk awareness and the development of a culture that leverages risk insights to enable better decision-making
  • Support and contribute to risk reporting processes including the quarterly CRO update
  • Contribute as a key member of the Technology Risk Management team and share ideas and innovative approaches for effective risk oversight and monitoring
  • Support technology risk management projects and activities as required
  • Foster, advocate for, and strengthen Canada Life's overall technology risk posture by promoting practices that align with our Risk Management policies, standards, and risk appetite
  • Develop/provide subject matter expertise in key technologies such as Cloud, Machine Learning and Artificial Intelligence

What you will bring 

  • 5 -10 years of experience in Technology Risk covering areas such as information security, cloud computing, infrastructure, architecture, and engineering - preferably within banking and insurance sectors
  • Deep understanding of how large financial organizations operate within in a regulated environment - experience across three lines of defense, with demonstrated 2nd line experience strongly preferred
  • Successful completion of CISA, CISSP, CISM, CGEIT, CRISC or equivalent certifications
  • Bachelor's degree in computer science, Information Systems, Engineering, Business Technology or equivalent experience
  • Strong Understanding of federal and provincial technology risk regulatory requirements (OSFI, FSRA, AMF, BCFSA), and industry best practices (COBIT, NIST, ISO standards, etc.)
  • Experience with cloud computing platforms such as Azure, Amazon Web Services (AWS), Google Cloud Platform (GCP)
  • Experience in key technologies such as Cloud, Machine Learning, Artificial Intelligence
  • Exposure to various data analytic tools (e.g. Power BI, Tableau, etc.)
  • Proven ability to identify, analyze and translate risk in the context of what it means to achieving business objectives
  • Excellent written and oral communication skills
  • Strong quantitative and analytical skills with an ability to manage and prioritize multiple deliverables
  • Demonstrated capability to build and foster strong relationships through collaboration, influencing change, and building consensus
  • Constant learner and passionate about technology and risk governance
  • Experience with ServiceNow GRC or other GRC platforms is an asset

The base salary for this position is between $107,000.00 - $157,000.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Great-West Lifeco

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners - serving approximately 40 million customer relationships.

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

What we offer:  

We're committed to supporting our employees through every stage of their career. Here's what you can expect as a full-time or part-time permanent team member: 

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 additionalinvestment 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.  

Learn more about Great-West Lifeco.  

We're committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact  talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.  

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