Senior Vice President, Enterprise Risk Management

About the role

Aviva Canada is looking for a Senior Vice President, Enterprise Risk Management, who will join the Senior Risk Leadership Team. The role provides enterprise-wide leadership across risk business partnering, quantitative risk, insurance and financial risk, capital, model risk and risk analytics, oversees the Risk Management Framework, challenges the first line and ensures the organization operates within its Board-approved risk appetite. It works closely with the Chief Risk Officer, the Executive Committee and business leaders.

Key responsibilities

• Shape and execute Aviva Canada's risk strategy with the ACAN CRO, maintain the Risk Management Framework and report to the Board Risk Committee and the Board
• Lead independent oversight of aggregate risk (insurance, financial, capital, model, technology, data, change, operational) and challenge business plans, capital deployment, reinsurance, transactions, products and pricing
• Monitor emerging risks and escalate risk appetite breaches with clear recommendations
• Provide enterprise leadership for insurance, financial, capital and model risk, oversee IMIV and material model governance, and drive quantitative risk capabilities and risk analytics
• Lead the Risk Business Partnering team, build relationships with the Executive Committee, regulators, Board members and external stakeholders, and represent Risk on governance committees and industry forums
• Lead and develop a high-performing team, set priorities and performance expectations, and promote continuous improvement and succession planning

Required profile

• Bachelor's degree and a relevant professional designation (e.g. FCAS, FCIA, FSA, CRM) or equivalent education and experience
• 15+ years of progressive risk leadership experience in insurance and/or financial services
• Experience engaging with Boards, Board Risk Committees and regulators (OSFI and/or equivalent)
• Proven ability to develop and execute risk strategies and to lead and influence executives and regulators

Required skills

• Enterprise risk management, risk governance, risk appetite, risk culture, ORSA, stress testing, capital management and regulatory compliance
• Insurance risks: underwriting, pricing, claims, reserving, reinsurance, investments and emerging risks
• Strategic, analytical and communication skills, able to turn complex risk, actuarial and financial information into clear business insights

What we offer

• Competitive executive compensation with annual incentive opportunities
• Pension and retirement savings programs
• Flexible hybrid work model
• Health and wellness benefits, professional development and executive leadership growth
• Inclusive employee resource groups, volunteer opportunities and community programs