Associate Insurance Investment Risk Oversight

Hybrid

Job number

34240

Category

Senior Professional

Status: Permanent

Schedule: Full-Time

22-Jul-2026

Area(s) of interest: Capital Markets and treasury, Risk management, Insurance

Location(s): Montreal A career as an Associate within the Risk Management team at National Bank means playing a key role in managing the investment risks of insurance companies. You will support the team by optimizing existing risk monitoring processes and helping to develop risk management frameworks.

Your Role

- Analyze insurance companies’ investment policies and monitor compliance with those policies.
- Provide risk analyses to support investment and asset allocation decisions, including Value at Risk (VaR) and stress testing.
- Analyze, reconcile, and explain investment performance and portfolio movements.
- Review investment positions and strategies within insurance investment mandates, ensuring alignment with the organization’s risk appetite and consideration of actuarial liabilities.
- Prepare and enhance risk presentations for insurance company investment committees.
- Conduct literature reviews on current investment and actuarial topics, as well as industry best practices.
- Support stakeholders across the organization, including front-office teams, accountants, actuaries, auditors, legal counsel, and IT.

Your Team

Within the Risk Management sector, you will be part of a dynamic team of 28 colleagues and report to the Director – Insurance Risk Oversight. Our team stands out for its multidisciplinary expertise and diverse skill sets, providing a comprehensive approach to risk management.

Working alongside colleagues with a variety of backgrounds and specialties will enrich your professional development from every angle.



Your growth is a top priority and will be supported through hands-on learning opportunities and guidance from experienced leaders.

Requirements

- University degree in Mathematics, Finance, Statistics, Economics, Actuarial Science, or a related field, with 3–5 years of relevant experience.
- Strong knowledge of finance and investments.
- Knowledge of SQL and Python.
- Familiarity with data visualization tools such as Power BI and Amazon QuickSight.
- Knowledge of Murex.
- Excellent analytical and critical thinking skills.
- Strong communication skills and ability to explain complex concepts clearly.
- Ability to work effectively in a multidisciplinary team environment.

Languages:

Reason to require this language: you will need to carry out regularly tasks that require the use of IT apps and tools unavailable in French.

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Actuarial Science Artificial Intelligence Compliance Management Diversity & Inclusion Python Teamwork Value at Risk Empathy Initiative Investment Analysis Learning Agility Resiliency Stress Testing Risk management framework Investment Risk 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
- Employee Share Ownership Plan
- Employee and family assistance program
- Preferential banking services
- Involvement in community initiatives
- Virtual sleep clinic





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

Our agile 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?

Why work at National Bank?

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?

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📌 Associate Insurance Investment Risk Oversight (Montreal)
🏢 Banque Nationale du Canada
📍 Montreal