Senior Actuarial Risk Manager: Economic Capital & ORSA

BMO Financial Group; Toronto; On-site; CAD 75,000 - 142,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Risk Management Specialist. The role involves contributing to the Risk Management Framework and Economic Capital Framework while ensuring regulatory compliance and efficient use of capital in various business initiatives. The ideal candidate will possess actuarial qualifications and strong analytical skills, with a salary range of $75,900.00 - $141,900.00.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Performance-based incentives

Qualifications

• Minimum 6-8 years insurance industry experience.
• Strong knowledge of insurance products, with knowledge of Longevity products an asset.
• Solid foundation in actuarial mathematics and strong insurance/actuarial software skills.

Responsibilities

• Contribute to the overall maintenance and improvement of BMO Insurance’s risk governance frameworks.
• Assist in incorporating risk appetite within the strategic and business planning process.
• Contribute to the ongoing development and reporting of the Own Risk and Solvency Assessment (ORSA).

Skills

Analytical Thinking

Actuarial/Business Numeracy

Accounting

Risk Management

Attention to Detail

Takes Initiative

Effective Communication

Relationship Management

Education

FSA/FCIA or ASA/ACIA

Tools

AXIS (actuarial modeling software)

Microsoft Excel

Power BI

Python

Job description

A leading financial institution in Toronto is seeking a Risk Management Specialist. The role involves contributing to the Risk Management Framework and Economic Capital Framework while ensuring regulatory compliance and efficient use of capital in various business initiatives. The ideal candidate will possess actuarial qualifications and strong analytical skills, with a salary range of $75,900.00 - $141,900.00.