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

About the Role Our commercial property and casualty insurance brokerage partners help protect ... We help companies and individuals around the globe address their most significant risk, workforce ...

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Insurance Risk Manager information

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

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 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 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 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 cities near Vanier, ON are hiring for Insurance Risk Manager jobs? Cities near Vanier, ON with the most Insurance Risk Manager job openings:

Senior Operational Resiliency Analyst

Bank of Canada

Ottawa, ON

Other

Medical, Dental, Retirement

Posted yesterday


Job description

Senior Operational Resiliency Analyst


Take a central role

The Bank of Canada has a vision to be a leading central bank-dynamic, engaged and trusted-committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada's economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment. 


Building on the principles that have always guided us - excellence, integrity and respect - we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.  


With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers:  Working Here - Bank of Canada

Find out more about the next steps in our Recruitment process. 

In addition to the position being staffed, this competition may be used to fill similar opportunities (Regular or Term) that become available at the same job grade. If you're interested in this type of role, we encourage you to apply.

About the position

The successful candidate will respond to and manage ITS risks presented by the rapidly changing and increasingly complex technological environment at the Bank as we have recognized a need to evolve our Disaster Recovery Program to become more resilient. This strategic evolution is intended to allow portfolio, product, and infrastructure leaders to respond to ITS risks they have exposure to on a more agile basis, while being driven and informed by risk. In addition, enhanced focus on resilience is required to prepare for potential disruptive events impacting Bank's critical services. Resilience requirements are evolving and require continuous assessments to improve, identify gaps, and maintain vigilance.

What you will do 

  • Support colleagues across the Bank in developing and maturing our operational resilience capabilities
  • Lead the planning, execution and reporting of operational resilience activities (Disaster Recovery activities, tabletops, workshops)
  • Deliver a variety of resilience projects aligned to our operational resilience strategic roadmap, including setting impact tolerances and scenario testing of our important business services.
  • Identify, anticipate, and recommend the need for change within resilience approaches and capabilities.
  • Work closely with key stakeholders to make sure that Bank's critical business services are identified, and underlying dependencies and activities are accurately process-mapped.
  • Identify and engage Bank resources that are required to meet program requirements.
  • Support the program delivery through hands-on analysis and development of project management artifacts such as project plans, action logs, risk/issue logs, change requests, and status reports.
  • Working closely with business leads and specialist teams across the Bank to support the collation and production of operational resilience reports for senior management and our bank-wide risk committees.

What you need to succeed

You are a great team player, have strong critical thinking skills and strong business acumen, including the ability to build relationships with team members and internal/external partners. You are a confident communicator, have excellent written communication skills with the ability to write clear and concise documents, including the ability to translate business needs into solutions.  

  • Exceptional written and verbal communications with external stakeholders and reporting to senior leadership audiences.
  • Knowledge of IT business continuity, the service value chain and how it supports business outcomes
  • Knowledge of project management principles enabling effective planning and execution of initiatives and engagements
  • Planning and coordination skills for enterprise-wide business continuity events
  • Experience writing documents and communications with external and senior leadership audiences  

Assets

  • Project management certification

Education and Experience

Your combined education and work experience demonstrate that you have the competencies and skills for the position. We are ideally seeking candidates with a degree/diploma in a relevant field of study (cyber security, international relations, public policy, business administration, information systems, risk management, etc.) and 7+ years of relevant experience. 

Innovative Mindset

We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things. 

Language requirement

The Bank's work environment is conducive to the use of both of Canada's official languages - English and French.  The position language requirement is Level 5 (Fully Functional).  If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level.  Both bilingual and unilingual candidates are encouraged to apply. 

What you need to know

    • Priority will be given to Canadian citizens and permanent residents
    • Security level required: Be eligible to obtain Reliability 
    • There will be no relocation assistance provided
    • Please save a copy of the job poster. Once the closing date has passed, it will no longer be available. 

Hybrid Work Model

The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a portion of each month as part of the Bank's hybrid work model, and they are expected on site at the Bank location a minimum of 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.  

What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit A great deal to consider. 

    • Salaries are based on qualifications and experience and typically range from $111,051 to $130,649 (job grade 17)
    • The Bank offers an incentive for successfully meeting expectations at  7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
    • Flexible and comprehensive benefits so you can choose the level of health and dental coverage that meets your needs
    • Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
    • Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.