Director

Important messages

We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.

Assessment accommodation

Duties

This position is responsible for the supervision of an assigned portfolio of property and casualty (P&C) insurers. Risk assessment and intervention responsibilities include planning, directing and overseeing supervisory activities as well as ensuring that work is risk focussed and consistent with OSFI’s supervisory framework.

The Director is also responsible for actively promoting OSFI values and contributing to OSFI management initiatives and priority projects. Other key activities include the identification of emerging risks and trends across the P&C industry; developing recommendations in response and providing operations support to the P&C Insurance Group.

Leading, developing, and coaching staff are key responsibilities of this position.

Intent of the process

The intent of this appointment process is to staff one indeterminate position with a language requirement of bilingual imperative CBC/CBC.

This selection process may be used to establish a pool of partially qualified and/or qualified candidates which could be used to staff similar positions at the Office of the Superintendent of Financial Institutions.

Positions to be filled: 1

Information you must provide

Your résumé.

A covering letter in 8,000 words (maximum) "Candidates must provide a cover letter when submitting their application. In the cover letter, candidates must clearly demonstrate how they meet the education and experience criteria listed in the essential and asset qualifications. Please use those criteria as headers and write one or two paragraphs for each demonstrating how the qualification is met by providing concrete examples of how, when and where the experience was obtained. Please note that it is not sufficient to only state that a criterion is met or to provide a listing of current or past responsibilities. Résumés may be used as a secondary source to validate the information provided. Failure to provide the information in the requested format may result in the rejection of your application."

In order to be considered, your application must clearly explain how you meet the following (essential qualifications)

EDUCATION
- A university degree specializing in accounting, actuarial science, business, commerce, computer science, economics, mathematics or another relevant field OR a combination of education, experience and training.

Degree equivalency

EXPERIENCE
- Recent* and significant** experience working in the P&C insurance industry and/or regulatory environment and/or risk management industry.
- Experience in identifying gaps in key risk, governance and risk management control practices in P&C institutions including making recommendations for resolution.
- Experience in leading, developing, and coaching staff.
- Experience in making presentations to senior management.

* “Recent” is defined as having been acquired in the last 7 years.
** “Significant” is defined as the breadth and depth of experience, which is normally acquired with having directly performed the full-range of duties over a period of at least 5 years.

If you possess any of the following, your application must also clearly explain how you meet it (other qualifications)

ASSET EDUCATION
- Post graduate degree in relevant field.
- A professional designation (CPA, CFA) or other relevant designations.

Degree equivalency

ASSET EXPERIENCE
- P&C actuarial experience.
- Experience with reinsurance programs.
- Extensive audit experience with an audit firm.
- Experience presenting to senior management.
- Project management experience.

The following will be applied / assessed at a later date (essential for the job)

Bilingual - Imperative (CBC/CBC)

Information on language requirements

KNOWLEDGE
- Sound knowledge of current and emerging key risks in the P&C insurance industry.
- Knowledge of the performance indicators in the P&C industry and the information and techniques used in their measurement and management.
- Knowledge of new regulatory requirements, international developments, particularly as they relate to accounting, capital and risk governance/risk management.

COMPETENCIES
- Change Leadership
- Working as a Team
- Developing Others
- Impact & Influence
- Excellent Oral Communication Skills
- Excellent Written Communication Skills

The following may be applied / assessed at a later date (may be needed for the job)

ASSET KNOWLEDGE
- In-depth knowledge of P&C insurer’s business units, products, and services.

ASSET COMPETENCIES
- Results Orientation
- Developing Myself
- Innovation
- Critical Thinking
- Professional Judgment

ORGANIZATIONAL NEEDS
- In order to meet the organization’s employment equity objectives in support of a diversified workforce, ‘right fit’ selection for this position may be made from among qualified candidates who self-declare as being Persons with a disability or Aboriginal peoples.

OPERATIONAL REQUIREMENTS
- Willingness and ability to travel.

Conditions of employment

Reliability Status security clearance

Agreement to be deployed into another REX position within OSFI at the same level.

Other information

The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply.

Information on employment equity

A written examination will be administered.

An interview will be administered.

Reference checks may be sought.

Candidates invited to an interview will be required to bring proof of their education credentials, in the form of a diploma or official transcript (original documents only). Candidates with foreign credentials must provide proof of Canadian equivalency. Consult the Canadian Information Centre for International Credentials for further information at http://www.cicic.ca/.

Candidates must meet all of the essential qualifications to be appointed to a position. A candidate may be appointed to a position even though he/she does not meet any or all of the asset qualifications. However, meeting these criteria is desirable and may be a deciding factor in choosing the person to be appointed.

Depending on the requirements of the position(s) being staffed from this process, for current or future vacancies, any or all of the asset qualifications, operational requirements, and organizational needs may be applied at the time of staffing. Candidates may be contacted and assessed against these criteria at any time during this process.

Achieving a representative workforce has been identified as an organizational need and may be applied in this appointment process. If this criterion is used, only those who have indicated that they are members of the specified designated group(s) will be considered.

A top down selection of candidates may be used in the determination of those to be given further consideration in the assessment process.

Persons are entitled to participate in the appointment process in the official language of their choice. Applicants are asked to indicate their preferred official language in their application.

For this selection process, our intention is to communicate with applicants by e-mail (including sending invitations for written tests and interviews). Applicants who apply to this selection process must include in their application a valid e-mail address and make sure this address is functional at all times and accepts messages from unknown users.

All job applications must be submitted through the Public Service Resourcing System (PSRS). Do not fax or mail hard copy documents as these will not be accepted. To submit an application online, please click on the button "apply now".

If you do not have Internet access in your home or through friends, relatives or neighbours, here are some suggested locations: campus career centers, libraries, community centers, Internet cafés and Services Canada. You may also call 1-800-O-Canada (1-800-622-6232), or TTY 1-800-926-9105, for information on the nearest public Internet access locations.

Persons with a disability preventing them from applying on-line are asked to contact 1-800-645-5605.

Applicants with disabilities: If you require special accommodation at any stage in the selection process, including technical aid to ensure an equitable assessment of your qualifications, please inform us by sending an e-mail to the following address: .

Preference

Preference will be given to veterans and to Canadian citizens, in that order, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first.

Information on the preference to veterans

We thank all those who apply. Only those selected for further consideration will be contacted.