Position Title: Managing Director, Insurance Salary: $202,700 to $253,300 Location: The Managing Director (MD), Insurance position is located in the Toronto office. An MD, Insurance within the Risk Assessment and Intervention Hub (MD RAIH) has responsibility of front-line supervision of one or more of the following: a tier 1 federally regulated insurer (that is, an internationally active insurance group ( (IAIG)) teams of supervisors responsible for tier 1 through 5 insurers and/or tier 1 through 5 federally regulated pension plans (pension plans) Direct reports of an MD, Insurance will reflect the allocation of insurers and pension plans and vary based on how operations are structured, which could change over time. The MD, Insurance acts as lead supervisor to a tier 1 insurer or leads teams of supervisors of tier 1 through 5 insurers and/or pension plans. The MD, Insurance provides leadership, direction, and oversight that support the delivery of our supervisory and regulatory mandate for insurers and/or pension plans. The MD, Insurance: prioritize supervisory work based on current and emerging risks manage potential gaps identified in the risk assessment of insurer(s) and/or pension plans disseminate knowledge and information to their team(s) contribute to development of guidance (including supervisory and regulatory) The MD, Insurance that serves as lead supervisor of an IAIG plays an important communication role, which includes maintaining the trust of and collaboration with the insurer. The MD, Insurance also advises OSFIs executive leaders and Financial Institutions Supervisory Committee (FISC) partners on matters related to areas of concerns within their assigned insurer(s) and/or pension plans. With respect to sharing information with FISC, the MD, Insurance contributes to the communications (in writing and through meetings) when there are heightened concerns and increased Intervention Stage Ratings for specific insurer(s). The MD, Insurance contributes strategically and promotes a collaborative working environment within the sector and across all sectors. The MD, Insurance also interacts with host regulators for IAIGs and home regulators for other insurers. If you are interested in applying for this position, please click on the link to review the job posting qualifications and additional notes. #J-18808-Ljbffr
Job Title
Managing Director (Insurance)