Senior Risk Analyst

Worker Type: Employee

Job Post End Date: 04/30/2025

About this opportunity:

Cenovus is looking for a dynamic Senior Risk Analyst to join our innovative Insurance Team. This is your chance to be a key player in managing and directing our diverse insurance programs, including providing secondary support for our insurance captive. In this role you will build strategic partnerships and become a trusted advisor to a number of our key operating assets and you will be a contributor to the annual renewal process for key lines of coverage, including but not limited to property, casualty and executive lines.

What you’ll do:

1. Assist with strategic analysis of Cenovus’s corporate risk transfer philosophy and development and maintenance of the company’s insurance programs.
2. Develop underwriting information and work with external broker partners to facilitate the marketing of the Company’s Canadian, U.S., and international risks to appropriate insurance markets.
3. Support, consult and provide insurance & commercial contract advisory services to internal team members to ensure risks are effectively assessed and managed within corporate risk tolerance and guidelines.
4. Take a lead role in planning and execution of periodic risk surveys at select operating assets, including occasional travel to site(s).
5. Provide input into the strategy that drives coverage optimization and corporate risk mitigation, along with administrative support of Cenovus’s corporate insurance programs.
6. Support with the allocation of premiums, coordinating certificates of insurance and partnering with internal collaborators to gather information to support renewals and insurance marketing efforts.
7. Review insurance policies to ensure accuracy and completeness of the coverage and policy documents and provide wording improvement recommendations.

Who you are:

Our ideal candidate will have the following minimum requirements:

1. Legally authorized to work in Canada.
2. 8+ years of insurance related work experience. With Direct exposure to, or support of, the oil and gas industry.
3. Experience managing surety bond programs is an asset.
4. A post-secondary degree / diploma in a relevant subject area.
5. Completion of CIP, FCIP and/or CRM designation(s) considered an asset.
6. Experience with analyzing complex legal contracts, particularly indemnity and insurance clauses.
7. Strong understanding of insurance concepts, policies, and practices.

We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

Note: The application deadline for this position is 11:59 PM MT April 29th, 2025.

Internal candidates that are currently in a lower grade will be assessed based on their sustained job performance, how they demonstrate the expected organizational competency behaviors and values and in discussions with their current leader prior to resolving next steps.

Cenovus was ranked one of Canada’s Best Employers in 2025. We’re committed to being an employer of choice in our industry by offering a competitive total rewards package and employee programs and rewarding career development opportunities.

If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email careeropportunities@cenovus.com.

Who we are:

We’re an integrated energy company headquartered in Calgary with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. We’re committed to maximizing value by sustainably developing our assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into our business plans.

At Cenovus, we embrace diversity of thought, experience and backgrounds to help us make better business decisions, address our challenges, seize opportunities and unlock innovative solutions. We’re committed to building a diverse, equitable and inclusive workplace where people feel respected, valued and engaged. We strive for a collaborative, physically and psychologically safe environment where you can be yourself, feel a sense of belonging and thrive. For more information, including details on our inclusion and diversity targets and networks, visit Cenovus.com.

The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.

Interested in this opportunity? Click the Apply link.

If you are a CURRENT EMPLOYEE please apply by going to our Internal Career Site.