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

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Why Sun Life Internal Audit?

Our team members are important to us, and we understand that each person's needs and circumstances are unique. This is a Hybrid opportunity in our Waterloo or Toronto offices, where you will come into the office twice a week, to connect in person, as a team and with our clients. Daily work hours also provide some flexibility for start and finish times as well as occasional accommodations that allow for other commitments that are important for you that may take you away from work during core business hours.In addition, Internal audit fully participates in, and supports, Sun Life's quinquennial sabbatical program where, starting with your 5th work anniversary and repeating every five years after, you can take a 3-6 weeks sabbatical that includes an additional paid week off.

This is an opportunity to join an engaged, inclusive, and collaborative team that is focused on individual development, building networks, and making an impact within the business. In this role, you will report to the Director, Internal Audit, and play a key role in the management and day-to-day execution of audit activities within the Canada business.You will have an opportunity to learn about Canada's asset management, group retirement, and insurance businesses, as well as informal people leadership and participation in Audit Methodology discussions.

This role is focused on overseeing and executing audits by assessing risks, evaluating internal controls, making recommendations regarding control deficiencies, and identifying areas of opportunity for improvement.Through audit work, you will have the opportunity to develop competencies around leading discussions with senior management, influencing various levels of management, project management, and building client relationships across the organization.

What will you do?

• Manage audit engagements in accordance with department methodology and IIA standards

• Lead audit meetings with clients, present findings, and drive the audit process

• Support documentation of business understanding, objectives, and key controls; execute testing of controls

• Prepare and review audit reports; monitor resolution of findings

• Build and manage relationships with business partners and senior leadership

• Identify opportunities to automate testing using data analytics tools (CAAT)

• Provide risk management consulting support and training to business units

• Stay current on industry best practices and thought leadership

• 4-6 years of audit, risk management, or advisory/consulting experience in financial services

• Proven ability to manage multiple projects simultaneously

• Strong analytical and problem-solving skills with ability to understand complex business processes and identify key controls

• Excellent written and oral communication skills

• Knowledge of control frameworks (COSO, COBIT) and audit techniques

• Ability to operate in a rapidly changing environment

Preferred:

• Professional audit designation (CPA, CIA, CRMA, CISA)

• IT Risk, IT General Controls (ITGC), or IT applications audit experience

• Knowledge of data analysis tools

• Knowledge of IFRS, compliance frameworks (AML, Privacy, Market Conduct), or ABAC

• Demonstrated ability to lead meetings and influence stakeholders

• Pro-active, detail-oriented, consultative, and strong problem-solving approach

What's in it for you?

• Time off giving you the flexibility to focus on the moments that matter including 20 vacation days per year

• Flexible Benefits from the day you join to meet the needs of you and your family

• Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making

• contributions.

• The opportunity to move along a variety of career paths with amazing networking potential

• Flexible hybrid work model

• Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives

• A friendly, collaborative, and inclusive culture

• We're honoured to be recognized as a 2026 Best Workplace in Canada by Great Place to Work Canada

#LI-Hybrid

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to thebrightside@sunlife.com.

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

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