Enterprise Risk Analyst

Blue Cross Life Insurance Company of Canada is a federally licensed company that distributes its products through a network of Blue Cross Plans. Blue Cross Life specializes in life insurance, living benefits and disability income protection products to supplement and enhance the portfolio of health and dental products distributed by the Blue Cross Plans. 

Our employees are the key component in enabling us to deliver competitive life and disability products nationally; we value their knowledge and integrity and are dedicated to their professional development by providing an environment of continuous learning and growth. We seek creative problem solvers who care about the work they do while helping to drive responsiveness and insight throughout our organization. 

If you are looking for an opportunity in a challenging, fast-paced, and collaborative work environment, the career you have been looking for may be waiting for you at Blue Cross Life.

As an Enterprise Risk Analyst at Blue Cross Life Insurance, you will play a significant role on the Capital & Risk Management team in developing, maintaining and executing the Company’s Enterprise Risk Management Framework, including Risk Identification, Risk Assessment and Monitoring, and Reporting. You will be responsible for supporting the establishment and maintenance of the Company’s Climate Risk Management Framework, including developing risk assessment tools and preparing climate-related financial disclosures as required for regulatory compliance.

To thrive in this position, you will have a solid understanding of risk and compliance, strong technical abilities, and an interest in spending the majority of your time writing policies, updating documents, and creating reports.

Responsibilities

• Assist with the execution of the Enterprise Risk Management Framework:

              -    Perform annual risk identification process and maintain the Company’s risk register
              -    Develop scenarios and perform/ prepare results of stress testing 
              -    Perform and incrementally improve annual ORSA report and models
              -    Help identify and monitor emerging risks

• Support Management in preparing quarterly reports to the Board and its committees, such as:

              -    CRO Report
              -    Risk Dashboard
              -    Stress Testing Report
              -    Risk Identification Report

• Assist in the development and maintenance of the organization’s risk policies and frameworks:

             -    Risk Appetite Framework
             -    Enterprise Risk Management Framework
             -    Other risk management policies

• Assists in the execution of special Capital and Enterprise Risk projects
• Help promote awareness of the Company’s Risk Management practices
• Conduct research and analysis to support the design, implementation and promotion of the Company’s enterprise risk management programs 

Skills & Experience

• University degree in business, finance, accounting, actuarial science, or another closely related field
• Completion/ progressing towards completing a professional accounting, Certified Financial Analyst (CFA), actuarial or CRM designation
• 2-3 years' previous experience in a risk or compliance role
• Superior knowledge of Microsoft Excel and Microsoft Word
• High attention to detail, looks beyond the obvious and can solve difficult problems with effective solutions
• English is requirement, written and verbal, to provide services to our customers and communicate with internal stakeholders

Assets

• Experience in insurance and/or banking 
• Some experience with modeling, stress testing preferred
• Bilingual – English & French

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Blue Cross Life is an equal opportunity employer. We strive to foster a culture where everyone is enabled to achieve their full potential - a culture of diversity, equity and inclusion (DEI). Accessibility is a top priority.
 
For applicants with disabilities, we provide accommodations throughout the recruitment, selection and/or assessment process. If selected to participate in the recruitment, selection and/or assessment process, please inform Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation. 
 
We would like to thank all candidates for expressing interest.  Please note that only those selected for interviews will be contacted.