Financial Risk Analyst (6 Month Temporary Full-Time Contract)

Temporary Full Time 

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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

What's in it for you?

• Rapidly develop your problem solving, relationship-building and communication skills
• Work on challenging and innovative projects in a dynamic, collaborative and fast-growing team
• Competitive and comprehensive rewards program including bonuses and flexible benefits
• Intent is to convert role to a permanent position conditional on strong performance in the initial contract period.

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The base salary for this position is between $65,600.00 - $98,400.00 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.

Grow with Canada Life 

We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.  

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you! 

What we offer:  

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member: 

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement. 

• Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. 

• Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.  

• Financial Security: Company-matching pension plan, share ownership program and additional investment options. 

• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!  
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.  

Learn more about Canada Life.  

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact  talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.  

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

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