Manager, Risk & Insurance

Brookfield; Toronto; On-site; CAD 110,000 - 150,000; Full time

Job summary

Brookfield Energy, a leading energy platform, seeks a Manager to join Portfolio Management. You will work with North American operating businesses to assess risks, place policy coverage, and guide insurance strategy across a global portfolio.

The role requires collaboration with insurers, Brookfield subsidiaries, and senior leaders to identify exposures and implement mitigation plans. The ideal candidate has a strong background in Property/Casualty insurance, excellent communication, and the

Qualifications

• Bachelor’s degree and 4–5 years in risk management, compliance, insurance, or brokerage.
• CIP, FCIP, CRM, CPA, CA, CIA or equivalent preferred.
• Experience with insurance organizations and complex transactions.
• Strong MS Office skills; PowerBI an asset.

Responsibilities

• Support due diligence for potential acquisitions and onboarding of assets; establish insurance programs across the global portfolio.
• Coordinate with internal teams, brokers, and third-party providers for insurance and risk-management activities.
• Review stakeholder requests; analyze data, policies, processes, and regulatory requirements.
• Manage insurance claims; coordinate documentation and advocacy on complex matters.
• Audit existing programs; monitor risk-exposure trends; oversee surveys and reports.
• Lead renewal activities with brokers; develop renewal strategy and submissions.
• Support placement of surety bonds and document collection (COIs).
• Review insurance provisions in contracts and financing agreements; recommend enhancements.
• Track market developments and communicate trends to stakeholders.
• Prepare presentations and insurance summaries; provide guidance to portfolio companies.
• Maintain organized insurance records and communications.

Skills

MS Office

PowerBI

Project management

Analytical skills

Communication

Travel

Education

Bachelor’s degree

Tools

PowerBI

Excel

Job description

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.

Location

Brookfield Place - 181 Bay Street

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, visit https://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

Reporting to the Manager, Portfolio Management, the Manager 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.

Position Opening Reason:

Backfill

Brookfield is committed to maintaining a Positive Work Environment that is safe, respectful; our shared success depends on it. We do not tolerate workplace discrimination, violence or harassment. We are proud to be an Equal Opportunity Employer and make employment decisions based on qualifications, merit, and business needs, without regard to any characteristic protected by applicable law. Applicant information is collected and handled in accordance with our Applicant Privacy Notice. As part of this commitment, we provide barrier-free and accessible employment practices in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and applicable human rights legislation. If you require a Human Rights Code-protected accommodation at any stage of the recruitment process, please let us know when contacted, and we will work with you to meet your needs.