Temporary Full Time

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, and helps to support the oversight of market, credit and liquidity risks, and investment strategies across our group of companies. Our team is fast-growing and dynamic, enabling you to draw upon a diverse range of knowledge, experience and skills. We will continually encourage you to develop and excel in all areas of your role.

What You Will Do You will play a key role in supporting the development and management of Company’s enterprise-wide framework for financial risk by:

• Developing market and liquidity risk reports for quarterly risk committees and streamlining the reporting process
• Applying analytics to generate insights specific to financial risks and global capital markets and to help inform investment and risk strategy
• Assisting with evaluation of hedging strategies and hedge monitoring for Great-West Lifeco’s product offerings
• Conducting risk reviews related to current and emerging financial risks, evolving investment and product strategy, proposed acquisitions, and regulatory changes
• Monitoring business activities and external developments that would materially alter the company's risk profile
• Building strong understanding of internal strategies to measure and manage financial risks to effectively challenge and identify opportunities for enhancements
• Forming strong working relationships with internal stakeholders across our global business
• Preparing executive and Board-level material to effectively communicate technical concepts

What You Will Bring

• Undergraduate or Graduate degree in actuarial or other quantitative field and demonstrated progress towards actuarial designation or CFA
• Knowledge of life insurance product offerings, liability cashflow modeling, IFRS 17
• Excellent interpersonal and communication skills
• Strong organizational skills and attention to detail
• Participates effectively in cross-functional and cross-regional teams
• Proactive and self-directed with the ability to complete several tasks concurrently
• Presents complex technical concepts to a range of audiences
• Superior analytical and problem-solving skills
• Knowledge of market and liquidity risk, investments, LICAT, ORSA, and ALM an asset
• Technically proficient in Microsoft Office suite
• Proficiency in one or more of R, Python, or VBA is an asset

The base salary for this position is between $56,000 - $83,900 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.