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Business Risk Manager Jobs in Alberta (NOW HIRING)

Catastrophe Risk Specialist

Edmonton, AB · Hybrid

CA$85K - CA$115K/yr

Working Business Language : English.This role is considered a head-office role and will be required ... Job Overview Reporting to the Manager, Catastrophe Risk, this role is responsible for analytics and ...

Catastrophe Risk Specialist

Calgary, AB · Hybrid

CA$85K - CA$115K/yr

Working Business Language : English.This role is considered a head-office role and will be required ... Job Overview Reporting to the Manager, Catastrophe Risk, this role is responsible for analytics and ...

Direct improvements to our commodity trading and risk management system (CTRM) * Lead business process automation support project * Valuation of complex structured deals, asset optionality, and real ...

NRG fosters a strong sense of belonging that leads to better collaboration and business performance ... Design and execute EPSP- and corporate-compliant hedging and risk mitigation strategies. * Procure ...

Our client is seeking an experienced Business Analyst to drive the design and delivery of digital ... Support project delivery (planning, risk management, testing, UAT) and design operational reports ...

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Business Risk Manager information

See Alberta salary details

$30K

$108.3K

$178.5K

How much do business risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for business risk manager in Alberta is $108,284.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,500.00 and $125,000.00 per year, depending on experience, location, and employer.

How much does a risk manager get paid?

A business risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications like FRM or CRM can earn higher salaries, often exceeding $150,000. Compensation also includes benefits such as bonuses and professional development opportunities.

What does a business risk manager do?

A business risk manager identifies, assesses, and mitigates potential risks that could impact an organization's operations, financial health, or reputation. They analyze data, develop risk management strategies, and implement policies to minimize threats, often using tools like risk assessment software and requiring certifications such as CRM or FRM. Their role involves continuous monitoring and communication with stakeholders to ensure business resilience.

How does a Business Risk Manager typically collaborate with other departments to address organizational risks?

As a Business Risk Manager, cross-functional collaboration is a key part of the role. You’ll regularly work with departments such as finance, compliance, operations, and IT to identify potential risks, assess their impact, and develop mitigation strategies. This often involves facilitating risk assessment workshops, sharing reports, and ensuring that risk controls are integrated into business processes. Effective communication and relationship-building skills are essential, as you’ll act as a bridge between senior management and operational teams to align risk management efforts with organizational goals.

Do risk managers make good money?

Risk managers, including business risk managers, typically earn competitive salaries that vary based on experience, industry, and location. According to industry reports, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications like CRM or FRM. The role often requires strong analytical skills and knowledge of risk assessment tools.

What is the difference between Business Risk Manager vs Risk Analyst?

AspectBusiness Risk ManagerRisk Analyst
CredentialsCertifications like CRM, FRM, or CRC; bachelor's degree in business, finance, or related fieldCertifications such as FRM or CRM; bachelor's degree in finance, economics, or related field
Work EnvironmentStrategic planning, risk assessment, and policy development in corporate settingsData analysis, risk modeling, and reporting in finance or insurance firms
Employer & IndustryCorporations, financial institutions, insurance companiesFinancial services, consulting firms, insurance companies

The Business Risk Manager focuses on developing risk strategies and policies at a strategic level, while the Risk Analyst primarily conducts data analysis and risk assessments. Both roles require similar certifications and often work within the same industries, but their responsibilities differ in scope and focus.

What is the highest salary for a risk manager?

The highest salary for a business risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications, or leadership roles in large organizations. Senior risk managers or directors in financial services, insurance, or consulting firms tend to earn the highest compensation. Salary levels also depend on geographic location, industry, and the complexity of risk management responsibilities.

What are the key skills and qualifications needed to thrive as a Business Risk Manager, and why are they important?

To thrive as a Business Risk Manager, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or a related field, often backed by a bachelor's degree or higher. Familiarity with risk management frameworks, regulatory compliance systems, and certifications like FRM (Financial Risk Manager) or CRM (Certified Risk Manager) is typically required. Exceptional communication, problem-solving, and stakeholder management skills help you effectively identify, mitigate, and communicate risks across an organization. These competencies are crucial for proactively managing threats, ensuring regulatory compliance, and supporting the long-term stability and success of the business.
What are popular job titles related to Business Risk Manager jobs in Alberta? For Business Risk Manager jobs in Alberta, the most frequently searched job titles are:
What job categories do people searching Business Risk Manager jobs in Alberta look for? The top searched job categories for Business Risk Manager jobs in Alberta are:
What cities in Alberta are hiring for Business Risk Manager jobs? Cities in Alberta with the most Business Risk Manager job openings:
Infographic showing various Business Risk Manager job openings in Alberta as of July 2026, with employment types broken down into 82% Full Time, 16% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $108,284 per year, or $52.1 per hour.
Catastrophe Risk Specialist

Catastrophe Risk Specialist

Wawanesa Insurance

Edmonton, AB • Hybrid

CA$85K - CA$115K/yr

Other

Retirement, PTO

Posted 20 days ago


Job description

Job ID: 10138 


Employment Type:
Existing Role 

Work Environment: We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Toronto (North York), ON; Kitchener, ON. 

Working Business Language: English.This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is English.  As such, the successful candidate must be fully proficient in English
 

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 
 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $85,000 - $115,000.  Candidates with salary expectations outside of the range are still encouraged to apply. 

About The Wawanesa Mutual Insurance Company
Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada's largest mutual insurers, 100% owned by its members, with more than $4.1 billion in annual revenue and $12.5 billion in assets. Headquartered in Winnipeg, Wawanesa is the parent company of Wawanesa Life, which provides life insurance solutions throughout Canada, and Western Financial Group, a leading national distributor of personal and business insurance. In March of 2026, Wawanesa entered into an agreement to acquire Everest Insurance Company of Canada to strengthen its commercial insurance capabilities and advance its long-term growth strategy.


Wawanesa proudly serves more than 1.8 million members and we are home to more than 3,000 employees across Canada. The company actively gives back to organizations that strengthen communities, donating more than $4 million annually to charitable organizations, including more than $2 million each year in support of people on the front lines of climate change. Learn more at wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Reporting to the Manager, Catastrophe Risk, this role is responsible for analytics and modeling capabilities within our Catastrophe Risk Management team. This includes data extraction and manipulation for the purpose of modeling, reporting, and exposure accumulation. The role will collaborate with various pricing and underwriting teams to assist in the implementation of catastrophe models and monitoring of exposure accumulations. 

Job Responsibilities

  • Develop and calibrate catastrophe perils using industry-standard software (e.g., RMS, VERISK, etc.). 
  • Analyze historical data, scientific research, and insurance claims to enhance model accuracy. 
  • Collaborate with actuaries, underwriters, and analysts to understand risk exposures, and manage exposure accumulations. 
  • Interpret model outputs and assumptions from multiple models to help form a view of risk. 
  • Coordinate with risk management partners the independent review of model performance, documentation, and validation. 
  • Conduct sensitivity analysis and scenario testing to evaluate the impact of different variables on risk assessments. 
  • Proactively share knowledge in catastrophe-related areas, create learning experiences and foster teamwork and cross-functional collaboration. 
  • Communicate findings and recommendations to stakeholders through reports, presentations, and technical documentation. 
  • Stay updated with industry advancements, regulatory requirements, and best practices in catastrophe modeling. 
     
Qualifications
  • Bachelor's degree in mathematics, statistics, actuarial science, atmospheric science, geospatial science or related field. 
  • 3+ years' experience in a catastrophe modelling role using one or both of RMS and AIR Verisk. 
  • Proficiency in catastrophe modeling software, programming languages such as R, SQL, or similar for data manipulation and modeling. 
  • Strong analytical skills with a deep understanding of risk assessment and modeling techniques. 
  • Excellent communication and presentation skills, with the ability to translate complex technical concepts to non-technical stakeholders. 
  • Experience in insurance, reinsurance, catastrophe model development, catastrophe risk pricing or risk management is an asset. 
  • Certification or coursework in catastrophe modeling, risk management (e.g., CPCU, ARe) or actuarial exams is an asset. 
  • #LI-WAWA
     


Diversity Equity, Inclusion& Belonging
At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people - this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas. 
 

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
 

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.