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Aviva

Senior Vice President, Enterprise Risk Management

Aviva

. Partner with the ACAN CRO to shape and execute Aviva Canada's risk strategy and ensure the effective operation of the Risk Management Framework.

Posted 9/25/2026full-timeMarkham • CanadaSeniorWebsite

About the role

Key responsibilities & impact
  • Partner with the ACAN CRO to shape and execute Aviva Canada's risk strategy and ensure the effective operation of the Risk Management Framework.
  • Provide independent, commercially focused risk insight and challenge to support strategic decision-making, growth objectives, and long-term value creation.
  • Ensure the organization operates within Board-approved risk appetite and maintains effective risk governance, oversight, and risk culture.
  • Support Executive Committee, Board Risk Committee, and ACAN Board reporting on key risk exposures, emerging risks, and risk management effectiveness.
  • Lead independent oversight of Aviva Canada's aggregate risk profile, including insurance, financial, capital, model, technology, data, change, and operational risks.
  • Review and challenge business plans, capital deployment decisions, reinsurance strategies, material transactions, product development, pricing, and other significant business initiatives.
  • Monitor emerging risks and material changes in risk exposure, ensuring mitigation strategies are identified and executed.
  • Escalate significant risk issues and risk appetite breaches, providing recommendations for remediation and management action.
  • Provide enterprise leadership for insurance risk, financial risk, capital risk, risk modelling, and risk analytics.
  • Oversee Internal Model Independent Validation (IMIV) and material model governance across Aviva Canada.
  • Oversee independent validation activities and challenge capital adequacy, economic capital, liquidity, financial resilience, and risk-return optimization.
  • Drive the evolution of quantitative risk capabilities and risk analytics to enhance business decision-making and risk insights.
  • Lead the Risk Business Partnering team and build relationships with executives, regulators, Board members, Group Risk teams, and external stakeholders.
  • Represent Risk on governance committees, industry forums, and global initiatives.
  • Foster transparency, collaboration, proactive risk management, continuous improvement, talent development, and succession planning.
  • Lead and develop a high-performing team across Risk Business Partnering and Quantitative Risk.

Requirements

What you’ll need
  • Bachelor’s degree and relevant professional designation (e.g., FCAS, FCIA, FSA, CRM) or equivalent combination of education and experience.
  • 15+ years of progressive risk leadership experience within the insurance and/or broader financial services industry.
  • Deep expertise in Enterprise Risk Management, including risk governance, risk appetite, risk culture, ORSA, stress testing, capital management, and regulatory compliance.
  • Strong understanding of insurance risks, including underwriting, pricing, claims, reserving, reinsurance, investments, and emerging risks.
  • Experience engaging with Boards, Board Risk Committees, and regulators (OSFI and/or equivalent regulatory bodies).
  • Proven ability to develop and execute risk strategies that support business objectives, customer outcomes, and sustainable growth.
  • Exceptional leadership and stakeholder management skills, with the ability to build high-performing teams and influence executives, regulators, and cross-functional partners.
  • Strong strategic, analytical, and communication capabilities, including the ability to translate complex risk, actuarial, and financial information into clear business insights and drive organizational change.

Benefits

Comp & perks
  • Competitive executive compensation package, including annual incentive opportunities.
  • Comprehensive pension and retirement savings programs.
  • Flexible hybrid work model.
  • Industry-leading health and wellness benefits.
  • Professional development and executive leadership growth opportunities.
  • Inclusive employee resource groups and diversity initiatives.
  • Volunteer opportunities and community impact programs.
  • Competitive vacation and wellness offerings.