We offer more than a job, we offer a career!

• We support our employees to shape their career by encouraging continuing education and investing in training and development.

• We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.

• We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.

• We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.

• We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.

• We recognize the importance of work-life balance with our hybrid work program, wellness allowance, and year-round social activities and events.

We are looking for an Analyst, Risk Advisory Services - Risk Analytics Alternative Risk Financing to join our team in our Montreal office!

As an Analyst – Risk Analytics & Alternative Risk Financing, you will play a critical support role in the delivery of consulting engagements that help organizations better understand, quantify, and finance their risks. You will contribute to the development of data-driven insights, risk quantification models, and financing structures—including captive insurance feasibility and optimization.
Working under the guidance of experienced advisors, you will support project scoping, data analysis, stakeholder input synthesis, model development, and the creation of client-ready deliverables across a range of industries.

Your Day as an Analyst – Risk Analytics & Alternative Risk Financing

Risk Analytics

• Collect, validate, and structure client risk and loss data to support modeling and analysis.

• Develop and maintain deterministic and stochastic models (e.g., loss modeling, scenario analysis, risk quantification) to estimate risk exposure and potential financial impact.

• Contribute to the design and testing of tools that assess risk appetite, retention optimization, and cost of risk strategies.

• Assist with the development of customized visualizations and insights for client presentations, leveraging Excel, Python, or data visualization platforms.

Alternative Risk Financing

• Support the development of feasibility studies and financial models related to alternative risk financing mechanisms such as captives and large deductible programs.

• Analyze insurance program structures and cost allocations to identify inefficiencies and potential arbitrage opportunities.

• Assist in drafting technical deliverables and recommendations related to program design, retention structures, capital requirements, and expected captive performance.

Project Delivery & Client Engagement

• Work collaboratively with senior team members to deliver engagements on time and within scope.

• Assist in defining project requirements and deliverables during the planning phase.

• Participate in internal working sessions and client meetings by preparing materials, documenting insights, and capturing follow-up actions.

• Contribute to proposal development, including drafting scope sections, estimating effort, and conducting background research.

Innovation & Continuous Improvement

• Help improve the team’s risk modeling capabilities by contributing to internal tools and automation efforts using Python or similar tools.

• Stay informed of industry developments in risk financing, insurance, and data analytics to inform project delivery.

Our Ideal Candidate

• Bachelor’s degree in a relevant field (e.g., Actuarial Science, Finance, Statistics, Risk Management, Engineering, Business Analytics).

• Excellent knowledge of the Microsoft Office Suite, specifically Excel and PowerPoint;

• Bilingual with strong verbal and written communication skills in French and in English as the candidate will be required to interact in English with stakeholders (colleagues and clients) outside Quebec;

• Strong analytical and research skills, as well as initiative and curiosity;

• Solid organizational skills especially ability to meet project deadlines with a focus on details;

• Ability to successfully multi-task while working independently or within a group environment;

• Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously;

Who we are

Founded in 1987 by Barry F. Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits consulting services firms in North America. The firm has a team of over 1,450 professionals located in 27 offices across the country. Thanks to its Local International Office Network of independent brokers (LION), BFL CANADA provides clients with privileged access to insurance partners in over 140 countries, helping to support their operations both in Canada and globally.

Our Montreal office is located at the heart of downtown Montreal, the largest city in Quebec. Our employees can benefit from the numerous exciting activities organized in the neighborhood.

Let’s stay in touch: follow us on LinkedIn to get privileged access to our activities and see our other job opportunities.

Visit our website to learn more about us: www.bflcanada.ca

We welcome and encourage applications from people with diverse abilities. BFL Canada is committed to fostering an environment that is diverse, equitable, inclusive, and accessible to all. The diversity of our talents enables innovation and creativity through diverse backgrounds, different thinking, and unique knowledge. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Offers of employment at BFL CANADA are conditional upon satisfactory results of background verifications.

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