VP, Quantitative Risk

Job title: VP, Quantitative Risk

Job description: The VP, Quantitative Risk is responsible for embedding a robust Risk Management Framework within Canada and providing business leaders with Risk’s independent insight, challenge and opinion on key business decisions and the aggregate risk profile.

What you will do?

• Provide leadership for the Internal Model Independent Validation (IMIV) of Aviva Canada, acting as the IMIV Lead.
• Provide specialist technical insight and analysis of the financial and insurance risk profile monitoring through the review and challenge of reports and analysis performed by the first line of defense.
• Partnering with the CRO, encourage effective management of key risks and embedding of risk culture
• Contribute to the development of the Aviva risk framework in relation to financial, insurance and model risks, economic capital, and quantitative risk appetite metrics.
• Develop and implement a Risk Analytics strategy in collaboration with Data Science and Corporate Actuarial, with the aim of improving insights to support business decisions through enhanced data visualization and sophisticated data analytics/mining.
• Local oversight of the model governance and the independent validation of models (internal model and other material models).
• Participate in reviews on quantitative and qualitative topics, with special emphasis on the technical aspects of insurance risks, financial risks and capital.
• Accountable for the annual review of Financial Event Response Plan, Capital and Liquidity Risk Appetite, Financial Risk Tolerances and Triggers.
• Collaborate with Finance and Corporate Actuarial to ensure that the capital risk metrics and analyses support the risk management framework.
• Partner with Surety and Finance teams to strengthen the risk framework and opine on their risk management proposals.
• Work with the Risk Leadership team to ensure the ORSA processes are conducted in accordance with regulatory requirements; support production of an ORSA report.

What you’ll bring:

• Bachelor’s degree in actuarial science, mathematics, statistics, or equivalent with 15+ years in Insurance
• FCIA designation or equivalent.
• An understanding of economic capital, investment management, financial reporting, insurance principles and practices is required.

Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process including the application process. If you require an accommodation because of a disability, we will work with you to meet your needs. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Talent Acquisition Partner who will coordinate with you to come up with an appropriate accommodation

Company: Aviva

Expected salary:

Location: Markham, ON

Job date: Sun, 20 Nov 2022 08:15:06 GMT

Job Source: Careerjet.ca

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