Job Description What is the Opportunity? As part of the Group Risk Management (GRM) team, the Director, Corporate Insurance Risk Management (CIRM) will oversee the annual insurance renewal program to enable CIRM to fulfill its mandate and achieve its objectives. This role partners and collaborates closely with other CIRM Team members, internal stakeholders and external partners to oversee the renewal process; advise stakeholders across RBC on M&A; and other insurance advisory requests; support claims management activities and processes; and continuously identifies opportunities to optimize RBC's insurance program.
The Director, Corporate Insurance Risk Management will report to the Vice President, Third Party, Business Continuity, Crisis and Corporate Insurance Risk Management.
Note: This is a Maternity Leave coverage for 12 Months with option to extend depending on business needs
What will you do? Uphold the strategy, culture and activities that enable the team to operate as an integrated department
Support a culture of integrity and behaviors that align to RBC's Code of Conduct and professional standards
Work collaboratively with the CIRM Team and across teams, contributing to an engaged workforce who are effective, knowledgeable and adaptable
Foster an setting of continuous personal growth
Act as the key point of contact in managing productive relationships with industry partners, including insurance brokers, insurers, legal counsel, peers,



and consultants as required
Oversee the annual insurance renewal/purchase process, including property and casualty, with financial lines experience an asset
Review of insurance binders, policies, endorsements upon renewal to ensure accuracy, completeness, and consistency with terms bound
Review of the global program premium methodology and determine premium allocation
Continuously identify opportunities to optimize and evolve RBC's insurance program within the risk appetite
Identify new and emerging risks and manage with potential insurance solutions
Preparation of informational insurance summaries as required
Contribute to initiatives as requested
Advise RBC partners on insurance aspects of mergers & acquisitions, divestitures, new products and services to manage and mitigate risks
Respond to regulatory inquiries and due diligence requests for information about RBC's insurance
Oversee the process of providing guidance and recommendations with the review of insurance provisions in vendor/supplier agreements, leases, and other documents as required
Support the Claims Manager by providing advice and expertise regarding the management of claims where required
Contribute to the annual Corporate Insurance Review for RBC Board of Directors reporting and local subsidiary board reporting
Conduct research and analysis to identify new and emerging risks and trends to recommend loss

📌 Director, corporate insurance risk management (Toronto)
🏢 RBC
📍 Toronto