Consultant, Corporate Insurance
Consultant, Corporate Insurance
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Job Description
About Vancity
Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity net-zero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.
Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If youre interested in joining their team of 2700 diverse individuals and accessing competitive rewards and benefits all while knowing you are part of a greater movement then apply today!
About the Workplace
We are seeking a strategic and detail-oriented Consultant Corporate Insurance to lead the design and implementation of Vancitys enterprise-wide insurance program. This role oversees policy management across property cyber liability bonding and other coverage areas facilitates renewals and coordinates with internal and external stakeholders to ensure alignment with Vancitys Risk Management Frameworks. The Consultant ensures insurance practices are well-organized transparent and compliant with regulatory requirements and operational needs.
This is a Permanent role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland-based home office. This role may require you to work on-site once a week.
A typical day would involve:
- Managing the full insurance renewal lifecycle across all coverage policies acting as a strategic partner with external brokers analyzing claims challenging coverage limits and monitoring premium trends to identify risks and optimize insurance strategies.
- Interpreting British Columbia Financial Services Authority (BCFSA) and the Office of the Superintendent of Financial Institutions (OSFI) Business Continuity and Resilience guidelines and insurance regulations applying Second Line of Defense principles to frameworks policies procedures and tools.
- Developing implementing and maintaining Vancitys Corporate Insurance program including impact assessment due diligence and calculations for vendor arrangements.
- Overseeing insurance-related action plans by 1st lines to close capability gaps and ensure adherence to Vancitys risk tolerances governance standards frameworks and regulatory requirements.
- Benchmarking policy terms and costs against market standards to support recommendations for coverage adjustments and cost efficiencies.
- Maintaining and enhancing dashboards and quarterly reports to monitor renewal status claims experience coverage gaps and key cost drivers including comparisons of market rates and loss history.
- Partnering with Finance to support annual forecasting and insurance cost modeling by analyzing historical premiums renewal impacts and projected exposures.
- Designing and maintaining Corporate Insurance-related Key Risk Indicators (KRIs) for management and Board committees.
- Acting as the primary strategic partner and liaison between internal teams and external providers to ensure value ethical alignment timely communication and appropriate insurance requirements.
- Monitoring regulatory and stabilization fund expectations to maintain compliance in policy documentation and claims processes.
- Supporting internal audits external insurer reviews and corporate reporting standards related to insurance exposures and risk mitigation.
- Developing and maintaining insurance reference materials renewal playbooks and workflows to ensure program consistency and awareness.
You have:
- A university degree in Business Administration Risk Management Insurance or a related field.
- Minimum 5 years of experience in corporate insurance risk management or financial forecasting.
- Strong knowledge of insurance regulations OSFI and BCFSA guidelines and enterprise risk frameworks.
- Experience managing insurance renewals claims analysis and vendor assessments.
- Proficiency in developing dashboards reports and insurance cost models.
- Certifications such as CIP (Chartered Insurance Professional) CRM (Canadian Risk Management) or equivalent are considered assets.
You are:
- Strategic You align insurance strategies with organizational goals and risk appetite.
- Analytical You interpret data assess exposures and develop actionable insights.
- Collaborative You build strong relationships across teams and with external partners.
- Detail-oriented You ensure accuracy in documentation reporting and forecasting.
- Proactive You anticipate risks and drive continuous improvement in insurance practices.
We value lived experience so if you are interested in this role we encourage you to apply even if you feel your skills dont perfectly align with those listed.
The salary range for this role is $81200 - $122000 annually. Base pay offered may vary depending on factors such as relevant qualifications skills previous experience and internal equity. As part of our total rewards package employees may also be eligible for our annual incentive program subject to program eligibility requirements.
Posting Deadline: Posted until filled
What we offer:
A career at Vancity is more than just a job youre joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:
- We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada.
- Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs.
- New employees receive between three to four weeks of vacation allowance per calendar year and the number of vacation days grows.
- In addition to the 10 statutory holidays in British Columbia Vancity provides an additional three statutory holidays. We offer care days for periods of short-term personal illness or emergency family illness.
- We have flex credits for our health care & dental benefits offer three levels of coverage for you to select from. These benefits will also be effective immediately based on your hire date.
- We understand that retirement means different things to different people and at Vancity we will offer you a Defined benefits pension plan that pays you a retirement income for life.
- At Vancity were committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent understand and respond to our community needs and deliver on our member experience.
We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process please reach out to our Talent Acquisition team at for confidential -person assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.
Required Experience:
Contract
Employment Type
Full-Time
