Senior Vice President of Enterprise Risk Management (Markham)

Senior Vice President of Enterprise Risk Management (Markham)

07 Oct
|
Aviva
|
Markham

07 Oct

Aviva

Markham

The SVP, Enterprise Risk Management is a key member of the Aviva Canada Senior Risk Leadership Team, responsible for providing enterprise-wide leadership across risk business partnering, quantitative risk, insurance and financial risk, capital, model risk, and risk analytics The role supports the effective performance of Aviva Canada by overseeing the implementation of the Risk Management Framework, providing independent oversight and challenge to the first line, and ensuring the organization operates within its Board-approved risk appetite

Working closely with the Chief Risk Officer, Executive Committee, and business leaders, the SVP delivers commercially focused risk insight and independent challenge on strategic and business decisions The role acts as a trusted advisor to senior stakeholders, ensuring robust governance, effective risk management, and a strong risk culture that support Aviva Canada’s strategic objectives, regulatory obligations, and long-term resilience

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

Provide effective review and challenge of 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 appropriate mitigation strategies are identified and executed

Escalate significant risk issues and risk appetite breaches, providing clear recommendations for remediation and management action

Provide enterprise leadership for insurance risk, financial risk, capital risk, risk modelling and risk analytics

Accountable for overseeing Internal Model Independent Validation (IMIV) and material model governance across Aviva Canada

Oversee independent validation activities and provide challenge on 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, ensuring Risk is a trusted advisor and constructive challenger to business leaders across Aviva Canada

Build strong relationships with EC, regulators, Board members, Group Risk teams, and external stakeholders

Represent Risk on key governance committees, industry forums, and global initiatives, promoting effective risk management practices and influencing outcomes

Foster a culture of transparency, collaboration,



and proactive risk management across the organization

Lead and develop a high-performing team across Risk Business Partnering and Quantitative Risk

Establish clear priorities, performance expectations, and accountability for delivery of high-quality risk outcomes

Build organizational capability in risk management, business partnering, analytics, and technical risk disciplines

Promote a culture of continuous improvement, talent development, and succession planning while ensuring Risk operates as a cohesive and high-performing function

Proven ability to develop and execute risk strategies that support business objectives, customer outcomes, and sustainable growth15+ years of progressive risk leadership experience within the insurance and/or broader financial services industryExceptional leadership and stakeholder management skills, with the ability to build high-performing teams and influence executives, regulators, and cross-functional partnersBachelor’s degree and relevant skilled designation (e.g., FCAS, FCIA, FSA, CRM) or equivalent combination of education and experienceStrong understanding of insurance risks, including underwriting, pricing, claims, reserving, reinsurance, investments, and emerging risksDeep expertise in Enterprise Risk Management, including risk governance, risk appetite, risk culture, ORSA, stress testing, capital management, and regulatory complianceExperience engaging with Boards, Board Risk Committees, and regulators (OSFI and/or equivalent regulatory bodies)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

📌 Senior Vice President of Enterprise Risk Management (Markham)
🏢 Aviva
📍 Markham

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