Risk Management Manager, Reinsurance

About the Opportunity

The Reinsurance Division of Great-West Lifeco participates in international reinsurance markets, providing Reinsurance solutions to clients across the US, Europe and Asia. We are among the top 10 life reinsurers in the United States by assumed business, and we continue to grow rapidly.

• Assess and challenge new reinsurance deals
  , preparing clear and insightful risk summaries for senior decision makers.
• Develop quarterly CRO reports and other risk materials, including analysis and presentation to the Reinsurance Executive Risk Management Committee.
• Quantify and analyze key risk measures such as Capital at Risk, Earnings at Risk and Liquidity at Risk on a quarterly basis.
• Support the annual risk budget for the Reinsurance Division.
• Participate in deep dive reviews (e.g., tail risk, liquidity stress testing, limit reviews) that directly inform strategic priorities.
• Identify and report on current and emerging risks
  , drawing from business insights and independent research.
• Help evolve our risk identification, measurement, and reporting processes
  , contributing to both Reinsurance‑led and Lifeco‑wide initiatives.
• Provide input on risk mitigation strategies
  .
• Monitor and report on compliance with the Risk Appetite Framework
  , risk limits, policies, and operating standards.
• Support timely communication and follow‑up for risk limit breaches and associated remediation plans.

• Fellow of the Society of Actuaries/Canadian Institute of Actuaries (or equivalent)
• Strong analytical and problem‑solving skills
• Excellent oral and written communication skills, including the ability to communicate complex analyses into clear insights
• Able to build cross‑functional relationships
• Able to work independently and adapt to a changing work environment
• Strong time‑management skills and the ability to deliver high quality work under tight deadlines
• Strong attention to detail

• Career Development:
  Opportunities for career advancement, access to industry‑leading learning programs and up to $2,000 annually towards education 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 and personal days, we support community involvement with a volunteer day.
• Financial Security:
  Company‑matching pension plan, share ownership program and additional investment options.
• Rewards and Recognition:
  Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community:
  We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

The base salary for this position is between $90,400.00 - $ annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e., annual bonus, commission etc).

Toronto Ontario, ON, CA, M5G 1R8

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacq All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.