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

Location

Business - Energy

Brookfield Energy operates one of the world's largest publicly traded platforms for sustainable energy. Our energy portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals over 35,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.

Brookfield Energy is the flagship listed energy company of Brookfield Asset Management, a leading global alternative asset manager with over $1 trillion of assets under management.

To learn more about the Brookfield Energy group, visithttps://www.brookfield.com/about-us/capabilities/energy.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Position Summary:

Reporting to the Manager, Portfolio Management, the Manager, Risk & Insurance will work with the North American operating businesses to assess, understand, and mitigate key business risks.

This role requires a versatile skillset, as the candidate will be responsible for a diverse set of responsibilities, including policy placement, acquisition due diligence, claims review as well as partner on setting our risk and insurance strategy. To support this mandate, the Manager will collaborate with several key stakeholders, including insurers, Brookfield portfolio companies / subsidiaries and Brookfield senior leaders.

To be successful in this role, a candidate will leverage their understanding of Property / Casualty Insurance coverages, markets and risk management concepts to identify risk and exposure for Brookfield's core operations. The candidate will identify as a self-starter that thrives in a role that is fast paced and ambiguous - and requires strong detail orientation and interpersonal skills.

Key Responsibilities:

• Support due diligence for potential acquisitions and assist with onboarding new assets, including establishing insurance programs across the global portfolio.

• Coordinate with internal teams, portfolio companies, brokers, and third-party service providers to execute insurance and risk-management activities.

• Review and respond to stakeholder requests, analyzing data, policies, processes, and regulatory requirements.

• Manage insurance claims, including coordinating correspondence, documentation, and advocacy on complex matters.

• Conduct audits of existing insurance programs, monitor risk-exposure trends, and oversee risk/control surveys and engineering reports.

• Lead renewal activities with broker partners, including data compilation, development of renewal strategy, market submissions, and vendor management.

• Support the placement of surety bonds and collection of required insurance documentation (e.g., reports, COIs).

• Review insurance provisions in contracts/financing agreements and evaluate policies to recommend enhancements.

• Track insurance market developments and communicate relevant trends to business stakeholders.

• Prepare presentations, training, insurance summaries, and provide administrative guidance to portfolio companies.

• Maintain organized and accurate insurance records, including renewals, surveys, invoicing, premium allocations, and related communications.

• Collaborate broadly with stakeholders across operating businesses on risk and insurance matters.

Qualifications & Experience:

• Bachelor's degree with 4-5 years of relevant experience in risk management, compliance, insurance, or brokerage.

• Professional designation(s) (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred.

• Experience working with insurance organizations and in environments with evolving needs and complex transactions.

• Strong technical skills, including MS Office (Excel, PowerPoint); PowerBI experience an asset.

• Proven project management and coordination capabilities, with strong analytical and problem-solving skills.

• Effective communicator with strong influencing skills and the ability to balance technical and business considerations.

• Demonstrated ability to work collaboratively and build positive relationships across teams.

• Ability to travel between Canada and the U.S. as required.

Salary Range: $120,000 - $135,000 CAD

Position Opening Reason:

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.