Director, Enterprise Risk Management

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Date: Apr 1, 2026

Location: North York - Toronto, ON (Hybr, CA Ottawa, ON (Hybrid), CA Moncton, NB (Hybrid), CA Calgary, AB (Hybrid), CA Vancouver, BC (Hybrid), CA Edmonton, AB (Hybrid), CA Kitchener, ON (Hybrid), CA Montreal, QC (Hybrid), CA Winnipeg, MB (Hybrid), CA Dartmouth, NS (Hybrid), CA

Company: Wawanesa Insurance

 

Job ID: 9943 


Employment Type: Existing Role

Working Business Language: English.This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.
 

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 
 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $170,000 - $210,000. Candidates with salary expectations outside of the range are still encouraged to apply. 

 

About Us
At Wawanesa, we offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Moncton, NB; Dartmouth; NS. 
 

The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,300 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. We are also proud to be recognized as one of Manitoba’s Top Employers. To learn more visit wawanesa.com. 


We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.
 

Job Overview

The Director, Enterprise Risk Management leads the activities that support the organization’s enterprise and operational resiliency program to ensure a sound governance structure is in place for identifying, monitoring, reporting and control of all material and emerging risks.

 

Job Responsibilities

  • Provide leadership and support for risk identification, risk assessment, key risk monitoring and stress testing to support the operational resiliency program.
  • Provide oversight and challenge on risk mitigation processes and policy and procedure enhancements.
  • Support assessment of the organization’s Risk Appetite Framework and suggest new risk appetite statements, targets and limits to drive continuous improvement.
  • Produce quarterly comprehensive reporting, tailored to the audience, that accurately communicates the organization’s current and changing risk profile.
  • Collaborate with leaders and other members of the executive risk function to further development and evolution of the group’s experience, skills and tools, and to promote consistent practices and minimize impact to business units.
  • Work in partnership with key stakeholders, including leaders within the business having risk management responsibility to enhance the level of risk management maturity and to promote an active risk management culture.
  • Oversee, manage and coach an engaged and effective Enterprise Risk Management team through employee development, performance management and succession planning, in order to ensure that the work environment is respectful, challenging and rewarding, and that employees are maximized to their full potential while contributing to the achievement of Wawanesa's goals.
  • Develop and champion initiatives within the Director’s sphere of influence that support the strategic goals of the Enterprise Risk Management team and the organization as a whole.
  • Perform other duties as assigned.

Qualifications

  • A minimum of 10 years’ experience in risk management, preferably working for federally regulated financial institution with three years in a leadership role.
  • Post-secondary education in business administration, sceience, economics or related field of study
  • Insurance (CIP, FLMI) or Risk Management designation would be considered an asset.
  • Ability to provide leadership, vision, and direction for an effective, efficient, and consistent evaluation and management of strategic and other significant risks for the organization.
  • Ability to make excellent and well justified decisions in complex and high-pressured situations.
  • Strong business acumen with excellent analytical and problem solving skills with the ability to recognize and identify critical issues.
  • Demonstrated experience in anticipating emerging issues and proactively working with appropriate internal and external stakeholders to mitigate business risk exposure.
  • Strong influencing skills with ability to effectively collaborate across the business to build a strong Risk culture.
  • Excellent communications skills and ability to advise the leadership team on complex, cross-functional issues and decisions that impact the organization’s ability to effectively manage its risk exposure.
  • Focus on operational efficiency and speed of execution for key projects.
  • Strong leadership skills and proven ability to create a high-performing employee culture.


Diversity Equity, Inclusion & Belonging

At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas. 
 

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
 

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.