Job InformationJob Title: Advisor, Prudential Supervision Job Requisition ID: 85399Ministry: Treasury Board & FinanceLocation: Edmonton – Terrace Building, 9515 - 107 StreetFull or Part-Time: Full TimeHours of Work: 36.25 hours per weekPermanent/Temporary: PermanentScope: Open CompetitionClosing Date: July 13, 2026Classification: Program Services 4Salary: $3,148.20 to $4,126.82 bi-weekly ($82,168 to $107,710/year)The Ministry of Treasury Board and Finance (TBF) is responsible for budget planning, financial management and economic analysis, and the administration of tax and revenue programs. In addition, TBF undertakes policy and regulatory oversight of Alberta’s financial securities, insurance and pension sectors.   Committed to responsible fiscal management, TBF supports government’s fiscal planning by coordinating the budget, quarterly and overall Treasury Board processes, and by working closely with ministries to efficiently and effectively deliver programs and services. For further information about Treasury Board and Finance, see our website at http://www.finance.alberta.ca Operating under the authority of the Alberta Superintendent of Insurance, the Prudential Supervision section of the Insurance Regulation and Market Conduct Branch (Financial Sector Regulation and Policy) has the mandate to regulate and supervise provincially incorporated insurance companies, reciprocal insurance exchanges, captive insurance companies, exempt entities, and Special Brokers. These activities include receiving, reviewing and approving required filings, performing examinations of institutions, regulatory oversight of insurers operating in Alberta, interpreting legislation, and making recommendations with respect to insurance sector policy. https://www.alberta.ca/insurance.aspxRole Responsibilities Are you interested in an opportunity to impact the safety and soundness of Alberta’s insurance entities, while gaining a unique insight into the insurance industry in Alberta? Are you looking to join the Alberta Public Service in a professional role where your analytical, financial, and regulatory expertise will make a difference? If your answer is YES, then we have an opportunity for you – come grow your career with us!   Reporting to the Director, Prudential Supervision, Insurance Regulation and Market Conduct, you will be responsible for managing relationships with assigned entities and conducting the regulatory and supervisory activities necessary to ensure the operational safety and soundness of the following regulated insurance entities:  

Insurance Companies Incorporated in Alberta; Reciprocal Insurance Exchanges formed in or transferred to Alberta; Captive Insurance Companies; and Other Regulated Entities.

In this position, you will work closely with Alberta’s regulated insurance entities - providing guidance and information, conducting examinations, reviewing new licence or change applications for licensing or incorporation in Alberta, and issuing assessments levied to insurance entities operating in Alberta. You will review and assess industry trends, risks, and changes, and develop alternatives and recommendations to ensure Alberta’s supervisory objectives continue to be met. This Advisor position is responsible for fulfilling Branch responsibilities including, but not limited to:  

Supervising the solvency, governance, compliance, and risk management practices of insurance entities for which Alberta is the primary regulator. Conducting examinations of regulated entities in accordance with a risk-based supervisory framework, including regular desk examinations and onsite reviews. Reviewing, analyzing, and providing recommendations on capital management, reinsurance, investment, outsourcing, and other risk mitigation policies and procedures in relation to the nature, size, complexity, and risk profile of each entity’s operation. Reviewing compliance with legislation and regulations and identifying areas of non-compliance. Monitoring, assessing, and communicating relevant changes in insurance industry trends, risks, and financial reporting standards to maintain Alberta’s supervisory objectives. Reviewing and analyzing new licence and change applications from prospective and existing insurers and reciprocals, and making recommendations. Administering the Recovery of Administration Costs regulation, including the issuance of industry-wide assessments levied to roughly 235 insurance entities operating in Alberta. Supporting the research and development of supervisory strategies for the Superintendent of Insurance to employ in the proactive supervision of these entities.

Please click on this link to view the job description for this position.APS Competencies Competencies are behaviors that are essential to reach our goals in serving Albertans. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process. This link will assist you with understanding competencies: APS Competency Model. In this role, you will contribute to our team by demonstrating the following competencies:  

Systems Thinking – You anticipate outcomes and potential impacts across interrelated legislation, entities and risks, and understand how changes in the insurance marketplace can affect regulated entities – recommending adjustments to supervision to account for these changes. Creative Problem Solving – You break apart complex problems and engage the right people to identify risks and recommendations, ensuring a thorough understanding of the risks and their impacts to solvency, risk management and governance. Agility – You anticipate, assess, and readily adapt to changing priorities when working with regulated entities, applying problem solving and interpretive skills to monitor, analyze and evaluate complex and technical financial information. Drive for Results – You execute the Branch’s prudential supervision plan while maximizing available resources, and manage a large volume of work with care and attention to the recommended course of action. Building Collaborative Environments – You maintain open communication with regulated entities and your team to enable proactive supervision, and represent Alberta with regulators across Canada to advance shared regulatory outcomes. Qualifications The position requires a university degree in a related field (such as business, accounting, finance, economics, or risk management) and a minimum of four years of related work experience. Related work experience includes the insurance industry, financial analysis, accounting, analytics, or risk management. The following would be considered an asset:

A recognized designation in accounting, analytics, actuarial science, risk management, or insurance (e.g., CPA, CIP, FCIP, ACIA, FCIA); Knowledge of the Insurance Act and related legislation and regulations, as well as the applicable supervisory guidelines and framework; Knowledge of, and experience in, the insurance industry, including property and casualty and/or life insurance; Experience in financial analyses and processes carried out to assess performance and risk in an insurance or enterprise risk management environment; Awareness of International Financial Reporting Standards (IFRS) and audit systems; Knowledge of, or experience with, international, federal, and provincial supervisory guidelines and processes.

  Directly related education or experience may be considered on the basis of 1 year of education for 1 year of experience, or 1 year of experience for 1 year of education. A cover letter outlining how your experience relates to the qualifications listed above will help us to better understand your fit for this role. Minimum recruitment standards outline the minimum education and experience required for appointment to a job classification. Refer to https://www.alberta.ca/alberta-public-service-minimum-recruitment-standards.Notes This is a permanent, full-time position working 7.25 hours per day / 36.25 hours per week, Monday to Friday. The position is located in the Terrace Building in downtown Edmonton (9515 - 107 Street).Final candidates will be required to undergo a security screening.This competition may be used to fill future vacancies at the same or lower classification levels across the Government of Alberta.Opportunity to participate in flexible work arrangements such as working from home up to two days per week and modified work schedule agreements.Any costs associated with obtaining the required documents/checks as noted or interview travel expenses, will be the responsibility of the candidate. Out-of-province applicants can obtain the required documents/checks from the province they currently reside in.   What we offer:

Working for the Alberta Public Service – https://www.alberta.ca/advantages-working-for-alberta-public-service.aspx Public Service Pension Plan (PSPP) – https://www.pspp.ca Alberta Public Service Benefit Information – https://www.alberta.ca/alberta-public-service-benefits Professional learning and development – https://www.alberta.ca/professional-development-support-directive Research Alberta Public Service Careers tool – https://researchapscareers.alberta.ca Positive workplace culture and work-life balance. Leadership and mentorship programs. How To ApplyApplicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements, including education, experience, and relevant examples of required competencies.Candidates are required to apply for a job online. Please visit https://www.alberta.ca/job-application-resources#before for more information. Please visit Recruitment Principles, for more information.In your resume, please include dates (including months and years) associated with all education and work experience. For example, January 2006 - June 2009 (part-time). This example is provided for illustrative purposes only. Applicants are encouraged to present their information clearly and thoroughly, using a format that best conveys their experience.It is recommended applicants who have completed post-secondary studies from outside of Canada obtain an evaluation of their credentials from the International Qualifications Assessment Service (IQAS)(https://www.alberta.ca/international-qualifications-assessment.aspx) or from a recognized Canadian Credential Evaluator; please visit the Alliance of Credential Evaluation Services of Canada for more information (https://canalliance.org/en/default.html).It is recommended that applicants include the assessment certificate from IQAS or any other educational assessment service as part of their application.Closing StatementThis competition may be used to fill future vacancies, across the Government of Alberta, at the same or lower classification level.We thank all applicants for their interest. All applications will be reviewed to determine which candidates' qualifications most closely match the advertised requirements. Only individuals selected for interviews will be contacted.If you require any further information on this job posting or require an accommodation during the recruitment process, please contact Connie Piosca at Connie.Piosca@gov.ab.ca.