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Specialist, Risk Management & Insurance

COVID-19 Vaccination Requirement:

Pursuant to the Government of Canada's mandate that all federally-regulated employers require their employees to be fully vaccinated against COVID-19, CP requires all prospective employees to confirm their vaccination status, as part of the hiring process and as a condition of continued employment.


  • Req ID: 89784
  • Department: Corporate Risk
  • Job Type: Full-Time
  • Position Type: Non-Union
  • Location: Calgary, Alberta
  • Country: Canada
  • % of Travel:
  • # of Positions: 1
  • Job Available to: Internal & External
  • Deadline to apply: 02/07/2022


Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to see the rail advantages of CP.



The successful candidate will support the development and continuous improvement of the Corporate Risk Management strategy. They are to provide advice, support and reporting regarding the corporate insurance program.  Responsibilities include the provision of internal contractual advice, supporting and participating in insurance program renewals, and oversight of administering CP’s Third Party Access Control program.



  • Deliver the Corporate Risk Management strategy through the application of risk management principles of exposure identification, control techniques, and financial alternatives, for all areas of  hazard risk within CP.  This includes participation in the development of creative solutions to facilitate and enable business opportunities;
  • Prepare and deliver communication and expert advice to Company personnel of various levels on the Risk Management strategy and the Corporate Insurance Program; 
  • Prepare and validate underwriting information required to negotiate corporate insurance coverage including provision of relevant information to brokers, underwriters and tax authorities.  Assist  to  negotiate  and  prepare  core  insurance  contracts  including  ensuring  that  proper  insurance  coverage is in place to protect the financial interests of CP, its subsidiaries and Joint Ventures;
  • Review insurance policies for accuracy and provide recommendations for policy wording changes  and/or improvements to the various corporate policies to best protect the interests of CP, its subsidiaries and Joint Ventures;
  • Formulate and recommend indemnity and insurance clauses to be used in various agreements to ensure adequate insurance coverage is supplied to protect CP, its subsidiaries and Joint Ventures.  Provide advice on liability and indemnity provisions to ensure proper linkage to insurance clauses and alignment with Risk Management strategy; 
  • Provide advice to Claim Managers as required with respect to application of insurance recovery under the relevant policies; 
  • Keep up-to-date on current developments and trends in the field of Risk Management in order to plan and/or develop their possible application to corporate insurance coverages;
  • Manage the company-wide third party access control programs particularly in regards to the insurance compliance, certificate review and verification / exception process. Facilitate meetings and present to internal stakeholders;
  • Assist the Manager of Crisis Preparedness and Business Continuity as required.




  • Post-secondary education (Degree/Diploma) in a relevant discipline such as Business or Finance;
  • CIP, FCIP or CRM designation (or near completion) would be an asset;
  • Minimum of 3-5 years’ experience in risk management, insurance broking or underwriting is required;
  • Demonstrated experience analyzing contracts, and recommending liability and insurance clause language to identify, control and manage risk exposures;
  • Exceptional attention to detail combined with keen analytical, communication and negotiation skills;
  • Strong computer skills –Word, Excel, PowerPoint and Outlook;
  • Insurance technical knowledge;
  • Contract law familiarity with particular focus on risk allocation;
  • Ability to interact and communicate effectively with internal and external stakeholders at all levels;
  • Strong  customer service orientation and the ability to build positive, productive business relationships;
  • Self-motivated, with strong organization skills and ability to meet tight deadlines;
  • Cross-functional collaboration experience within a large corporate environment would be an asset.



  • Flexible and competitive benefits package
  • Competitive company pension plan
  • Employee Share Purchase Plan
  • Performance Incentive Program 
  • Annual Fitness Subsidy



As an employer with national presence, the possibility does exist that the location of your position may be changed based on organizational requirements.


Background Investigation:

The successful candidate will need to successfully complete the following clearances:    

  • Criminal history check
  • Reference check


Management Conductor Program:

Becoming a qualified conductor or locomotive engineer is the single best way for a management employee to learn the business at CP. You may be required to obtain a certification or to maintain your current certification/qualification as a conductor or locomotive engineer.


CP is an equal opportunity employer committed to the principles of employment equity and inclusion. We welcome applications from all qualified individuals. All applicant information will be managed in accordance with the federal Personal Information Protection and Electronic Documents Act ("PIPEDA").

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