Financial Risk Analyst (Temporary Full-Time Contract) | Great West

TechAlliance of Southwestern Ontario, London Economic Development Corporation; Toronto; Hybrid; CAD 66,000 - 98,000; Full time

Benefits offered by this job

Bonuses

Flexible benefits

Volunteer day

Job summary

Great-West Lifeco in Toronto seeks a Financial Risk Analyst on a temporary full-time contract. You will develop market and liquidity risk reports, apply analytics, and support hedging and risk reviews across our group of companies.

Ideal candidates have actuarial or quantitative degrees, progress toward designation or CFA, knowledge of IFRS 17, and strong communication skills. The role offers a hybrid work model and a competitive rewards program.

Qualifications

• Undergrad/grad degree in actuarial or quantitative field with progress toward actuarial designation or CFA.
• Knowledge of life insurance product offerings, liability cashflow modeling, IFRS 17.
• Excellent interpersonal and communication skills.
• Strong organizational skills and attention to detail.
• Participates effectively in cross-functional and cross-regional teams.

Responsibilities

• Develop market and liquidity risk reports for quarterly risk committees and streamline the reporting process.
• Apply analytics to generate insights on financial risks and global capital markets to inform risk strategy.
• Assist with evaluation of hedging strategies and hedge monitoring for Great-West Lifeco’s products.
• Conduct risk reviews related to current and emerging financial risks, regulatory changes, and acquisitions.
• Monitor business activities and external developments that could alter risk profile.
• Build strong relationships with internal stakeholders across global business units.
• Prepare executive and Board-level materials to communicate complex concepts clearly.

Skills

Actuarial progress toward designation

IFRS 17 knowledge

Strong communication

Cross-functional collaboration

Analytical mindset

Proactive and self-directed

Education

Undergraduate or Graduate degree in actuarial or quantitative field

Actuarial designation progress or CFA

Tools

Microsoft Office

Job description

Financial Risk Analyst (Temporary Full-Time Contract) | Great West

Description:

Temporary Full Time

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, and helps to support the oversight of market, credit and liquidity risks, and investment strategies across our group of companies. Our team is fast-growing and dynamic, enabling you to draw upon a diverse range of knowledge, experience and skills. We will continually encourage you to develop and excel in all areas of your role.

What you will do:

• Developing market and liquidity risk reports for quarterly risk committees and streamlining the reporting process
• Applying analytics to generate insights specific to financial risks and global capital markets and to help inform investment and risk strategy
• Assisting with evaluation of hedging strategies and hedge monitoring for Great-West Lifeco’s product offerings
• Conducting risk reviews related to current and emerging financial risks, evolving investment and product strategy, proposed acquisitions, and regulatory changes
• Monitoring business activities and external developments that would materially alter the company's risk profile
• Building strong understanding of internal strategies to measure and manage financial risks to effectively challenge and identify opportunities for enhancements
• Forming strong working relationships with internal stakeholders across our global business
• Preparing executive and Board-level material to effectively communicate technical concepts.

What you will bring:

• Undergraduate or Graduate degree in actuarial or other quantitative field and demonstrated progress towards actuarial designation or CFA
• Knowledge of life insurance product offerings, liability cashflow modeling, IFRS 17
• Excellent interpersonal and communication skills
• Strong organizational skills and attention to detail
• Participates effectively in cross-functional and cross-regional teams
• Proactive and self-directed with the ability to complete several tasks concurrently
• Presents complex technical concepts to a range of audiences
• Superior analytical and problem-solving skills
• Knowledge of market and liquidity risk, investments, LICAT, ORSA, and ALM an asset
• Technically proficient in Microsoft Office suite
• Proficiency in one or more of R, Python, or VBA is an asset

What's in it for you?

• Rapidly develop your problem solving, relationship-building and communication skills
• Work on challenging and innovative projects in a dynamic, collaborative and fast-growing team
• Competitive and comprehensive rewards program including bonuses and flexible benefits
• Intent is to convert role to a permanent position conditional on strong performance in the initial contract period.

The base salary for this position is between $65,600.00 - $98,400.00 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 annuallytowardseducation 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 andpersonal days,we support communityinvolvement with avolunteer day.

Financial Security: Company-matching pension plan,share ownership program andadditionalinvestment options.

Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!

Emphasis onCommunity:We provide aworkplace whereemployeesfeel connected and supported throughEmployee Resource Groups (ERGs),mentorshipprograms,socialclubsandevents.

Learn moreabout 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 [e-mail]. All information provided will be handledin accordance withapplicable laws and Great-West Lifeco policies.

#LI-Hybrid

Location: Toronto, ON, CA

Date: Aug 31, 2026