Principal Advisor Insurance and Risk Management

Attendance

Hybrid

Job number

32544

Your role

• Act as a subject matter expert in insurance and risk management, advising internal teams to guide decisions related to products, customer journeys, operational processes, and the client experience.

• Analyze business needs, identify issues and pain points, and recommend concrete solutions related to insurance products, pricing, underwriting, distribution, and claims, with a focus on performance, compliance, and client satisfaction.

• Assess financial and non-financial risks associated with insurance products and the assets supporting the insurer’s activities, including return objectives, concentration limits, liquidity requirements, and asset-liability matching and investment mechanisms.

• Design, enhance, and continuously improve insurance products, including drafting, validating, and updating reference documentation, as well as coordinating internal and external approval processes.

• Lead multiple development and continuous improvement projects and initiatives in parallel, ensure adherence to timelines and governance requirements, and communicate progress, issues, and recommendations to stakeholders.

• Conduct proactive monitoring of market trends, industry practices, and applicable regulations to adapt the offering, maintain an effective control framework, and contribute to the quality of data, performance indicators, and sector documentation.

• Analyze financial and non-financial risks and assess selected financial products used in the management of the insurer’s assets. Evaluate the objectives and performance of the AVNB asset-liability management and investment team.

• Review portfolio manager reporting, asset classes, concentration limits, required liquidity, and related elements.

Your team

Within the Insurance sector, you will be part of a team of six professionals specializing in compliance and risk management, reporting to the Head of Compliance and Risk Management. The team’s mandate is diverse and focuses on supporting the profitable growth of the Insurance sector, optimizing offerings and client journeys, and contributing to the oversight of operational and commercial risks.

National Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to deepen your expertise and develop new areas of specialization. Tools such as the Data Academy, language training, the Harvard Learning Center, and coaching and mentoring support are available to you at all times.

Prerequisites

• Bachelor’s degree in a relevant field and a minimum of 10 years of relevant experience, including significant experience in insurance.

• In-depth knowledge of risk management applied to insurance products (life, credit, group, annuities, or property and casualty, depending on the sector) and related processes, including underwriting, servicing, and claims.

• Demonstrated expertise in regulatory and financial frameworks applicable to insurers and the distribution of insurance products.

• Proven experience analyzing complex situations and developing structured recommendations to support business decisions and risk management.

• Excellent communication and influencing skills, enabling effective collaboration with diverse stakeholders.

Languages:

English, French

Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Skills

Commodity Risk Management Insurance Interpersonal Communication Project Governance Risk Assessment Stakeholder Management Influence others Complexity Management

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

* Health and wellness program, including many options

* Flexible group insurance

* Generous pension plan

* Employee Share Ownership Plan

* Employee and family assistance program

* Preferential banking services

* Involvement in community initiatives

* Telemedicine service

* Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment

We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Join us!

Apply

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on-the-job learning and training, co-development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?