Compliance Officer, Reinsurance

About the Role 

Located in Toronto and reporting to the Americas Head of P&C and L&H Compliance, this role is part of the Global Compliance team, the Global Reinsurance Compliance team, the Americas Reinsurance Compliance team and the local Canada Branch Management team.

This role is for an experienced Compliance Officer to support the Canada Branch Life & Health and Property & Casual Reinsurance businesses. The main focus of the role is to provide proactive regulatory compliance and risk & control advisory guidance to business stakeholders.

 As the regulatory designated Chief Compliance Officer for the purposes of OSFI E-13 Regulatory Compliance Management Guideline under OSFI E-13, the role is also responsible for performing key activities under the Swiss Re Group and Canada Branch Regulatory Compliance Management (RCM) frameworks.

This is a hybrid job located in Toronto and in-office attendance is expected to be at least three days a week.

Key Responsibilities: 

• Provide advisory support to leadership, management and other stakeholders in business operations on strategic initiatives and compliance related risks and events.
• Perform Canada Branch Compliance Control Assessments (via Ethidex tool), Group Compliance Annual CRAs, Regulatory Risk Assessments and Targeted Risk Assessments.
• Deliver Branch Management and Annual Compliance CCO Reports to Management
• Complete annual Regulatory Compliance Management Monitoring & Testing plans and perform related Testing activities together as part of the Canada Branch Compliance team.
• Perform Compliance risk related Regulatory Monitoring and updates global Swiss Re Regulatory Monitoring tools (Corlytics).
• Represent Compliance in local interactions with Regulators and other external parties.
• Support Compliance related Audits and other Compliance function related matters specific to the P&C and L&H business
• Fulfil Compliance related mandates within the Canada Branch governance structure.

About the Team:

Join the Reinsurance Americas Compliance team, working across the US, Canada and Latin America. We are trusted advisors for the business on major compliance risks, —including but not limited to AML, ITC, Anti-Bribery & Corruption, Data Protection, Conduct Risk – integrity and ethics. You'll be part of a global Compliance team and participate in compliance challenges for international re/insurance companies while supporting diverse business teams focused on value and innovation.

About You:

• University degree in Business or related field.
• Minimum 7 years' experience in compliance, legal, audit, or risk—ideally in insurance or financial services.
• Excellent communication, stakeholder engagement, and presentation skills with strong executive presence.
• Solid understanding of Canadian insurance regulations and compliance risks.
• Comfortable using technology.
• Strong regulatory acumen—able to interpret new/updated regulations and advise on impacts.
• Ability to identify regulatory risks and support effective risk mitigation and control design.
• Strong project management skills; able to manage multiple priorities and coordinate across teams.
• Strategic thinker who can see the big picture and act with long‑term goals in mind.
• High integrity, discretion, and professionalism when handling confidential information.
  
  

The base salary hiring range for this existing position located in Toronto is CAD $150,000 to $188,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.  At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

Please note that an artificial intelligence (AI) tool may be used in the screening and assessment of applicants for this position.