Business Line: Compliance & Risk ManagementThe base salary range for this position is $110,000 to $120,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.About the RoleWe are seeking an experienced Principal Broker to serve as the organization’s designated regulatory leader across multiple provinces. This role is responsible for overseeing licensing, compliance, and governance frameworks, ensuring adherence to all insurance regulations, and acting as the primary liaison with regulatory bodies. The Principal Broker will also provide supervision of broker activities, mitigate regulatory risk, and partner with leadership to support strategic initiatives while maintaining the highest standards of integrity and consumer protection.What You’ll DoRegulatory & Compliance OversightAct as the Designated Representative / Principal Broker / Nominee / Responsible Officer in accordance with applicable provincial insurance legislation.Ensure the organization, its representatives, and any sub agents maintain active and appropriate licenses as per the regulatory requirements.Oversee compliance with provincial insurance acts, regulations, regulatory guidance, and codes of conduct.Serve as the primary point of contact with insurance regulators, responding to inquiries, audits, and examinations in conjunction with the Compliance and Legal team.Ensure timely reporting of material changes, complaints, investigations, or disciplinary matters to regulators as required.Supervision & GovernanceEstablish, maintain and enforce policies, procedures, and controls related to licensing, conduct, and regulatory compliance.Identify, assess, and elevate regulatory risks, operational gaps,



and compliance concerns.Supervise the activities of both unlicensed and licensed brokers, agents, and sub agents to ensure adherence to internal policies and regulatory requirements.Ensure appropriate training, continuing education, and competency standards are met by staff.Review and address complaints, errors & omissions matters, and conduct issues, escalating as required.Operational & Program OversightProvide oversight of insurance programs, delegated authority arrangements, and underwriting or distribution practices, as applicable.Ensure proper governance over third-party relationships, including vendors and sub-producing brokers.Collaborate with senior leadership, compliance officer, and legal teams to assess risk and implement mitigation strategies.Participate in audits, due diligence reviews, and internal control assessments.Claims – oversight and communication, root cause analysis, ensuring incidents which may give rise to a claim are tracked and mitigatedAdvise executive leadership on regulatory developments, emerging risks, and compliance trends.Promote a culture of integrity, accountability, and consumer protection.Support strategic initiatives while ensuring alignment with regulatory obligations.Represent the organization professionally with regulators, carriers, and industry stakeholders.What You BringCIP, CAIB or CRM designation (CIP strongly preferred)Ability to be a listed Officer of the firm5+ years of experience in regulatory compliance, insurance operations, brokerage leadership, or agency management.Strong understanding of multi-province P&C regulatory frameworks.Strong analytical, documentation, and governance skills.Excellent communication, organizational,



and stakeholder management capabilities.Experience supervising teams or overseeing broker/agent activities.Experience with Lloyd’s Coverholder agreements and/or domestic carrier underwriting programs is an asset, including compliance, controls, and audit requirements.Ensure compliance with carrier and vendor contract requirementsLicensing RequirementsMaintain proper licensure, in good standing, in all applicable jurisdictions including but not limited to the below:Ontario- Registered Insurance Brokers of Ontario (RIBO)RIBO Level 3 (Management) Broker LicenseAlberta– Alberta Insurance Council (AIC)General Insurance Level 3 License (or Level 2 General License with eligibility to act as a Designated Representative (Level 3)British Columbia– Insurance Council of BCLevel 3 General Insurance LicenseEligible to act as a NomineeQuebec– Autorite des marches financiers (AMF)Certified insurance representative (Damage insurance broker/agent)SaskatchewanInsurance Council of Saskatchewan (ICS)Level 3 General Insurance Broker LicenseCompletion of CAIB 1 –4 or approved equivalentManitoba– Insurance Council of Manitoba (ICM)Level 3 General Insurance Broker LicenseCompletion of CAIB 4Northwest Territories– Office of the Superintendent of InsuranceNunavut– Office of the Superintendent of InsuranceYukon- Yukon Professional Licensing and Regulatory AffairsWhat’s In It For YouA hybrid workplace approach that keeps the best interests of our staff and our clients in mindAnnual bonus plan for all employeesMatching RRSP plan of 5% of salaryReferral Commission PlanGenerous benefits plan including Health Care Spending Account starting on the first day of employmentFull support for continuing education & internal opportunities to grow as an insurance professional to advance careerReimbursement of license fees and professional membership duesA global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration#J-18808-Ljbffr

📌 Principal Broker, Ches Special Risk - $110,000 - $120,000 A Year (Winnipeg)
🏢 CHES Special Risk
📍 Winnipeg