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Insurance Contract Manager Jobs in Toronto, ON (NOW HIRING)

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Insurance Contract Manager information

What does an insurance contract manager do?

An Insurance Contract Manager is responsible for overseeing and managing the creation, negotiation, and administration of insurance contracts within an organization. They ensure that all contracts meet legal requirements, comply with company policies, and protect the organization’s interests. Their role often includes liaising with clients, underwriters, and legal teams, as well as monitoring contract performance and resolving any disputes or issues that arise. This position requires strong attention to detail, knowledge of insurance regulations, and excellent communication skills.

What are the key skills and qualifications needed to thrive as an insurance contract manager?

To thrive as an Insurance Contract Manager, you need strong knowledge of insurance policies, contract law, and negotiation, typically supported by a degree in business, law, or a related field. Familiarity with contract management software, regulatory compliance systems, and industry-specific platforms like Salesforce or Guidewire is valuable. Excellent attention to detail, analytical thinking, and effective communication are crucial soft skills for managing complex agreements and building client relationships. These abilities are essential for ensuring compliant, profitable contracts and minimizing organizational risk.

What are some typical challenges faced by insurance contract managers when negotiating terms with clients and underwriters?

Insurance Contract Managers often encounter challenges such as balancing the interests of clients with the risk tolerance and requirements of underwriters. They must ensure that contract language is clear and compliant with regulations while also being commercially viable. Negotiations can involve complex policy details, evolving legal standards, and the need to coordinate among multiple stakeholders, requiring strong communication and problem-solving skills. Staying up-to-date with industry changes and building effective relationships are key to overcoming these challenges.

Are insurance contract managers in demand?

Insurance contract managers are in steady demand due to the ongoing need for risk assessment, policy management, and compliance within the insurance industry. They typically require strong negotiation skills and knowledge of insurance regulations, with employment prospects influenced by the overall health of the insurance sector and regulatory changes.

How much is an insurance contract manager paid?

Insurance contract managers typically earn a median annual salary of around $70,000 to $100,000, depending on experience, location, and the size of the organization. Senior or specialized contract managers may earn higher salaries, and certifications such as CPCU can influence compensation. Salaries often include benefits and opportunities for bonuses or incentives.

Is an insurance contract manager a stressful job?

An insurance contract manager's role involves overseeing policy agreements, ensuring compliance, and managing negotiations, which can be demanding due to deadlines and accuracy requirements. The job may involve high-pressure situations, especially during audits or policy disputes, but it also offers structured workflows and the use of management tools to handle workload. Stress levels vary depending on the organization, workload, and individual skills in risk assessment and communication.

What are popular job titles related to Insurance Contract Manager jobs in Toronto, ON?

For Insurance Contract Manager jobs in Toronto, ON, the most frequently searched job titles are:

What job categories do people searching Insurance Contract Manager jobs in Toronto, ON look for?

The top searched job categories for Insurance Contract Manager jobs in Toronto, ON are:

Insurance Contract Manager jobs near you
Infographic showing various Insurance Contract Manager job openings in Toronto, ON as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution.

Contract Administrator

Black & McDonald Limited

Toronto, ON

CA$60K - CA$65K/yr

Full-time

Retirement

Re-posted 16 days ago

Job description

Career Opportunity

CONTRACT ADMINISTRATOR

Downtown Toronto, ON

BUILD YOUR CAREER AT BLACK & MCDONALD

Black & McDonald is an integrated, multitrade service provider that safely delivers high quality construction, facilities management, and technical solutions. We are a family-owned and family-run company that employs thousands of highly skilled and talented professionals across North America. With 100 years of diverse market experience, we are a forwardthinking organization with a strong track record of delivering operational excellence and customer-focused solutions that stand the test of time.

ABOUT THIS CAREER OPPORTUNITY

Black & McDonald's Facilities Management & Operations team is growing! If you are committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

The Administrative Assistant is located in Toronto and typically reports directly to the Facility Manager. Duties and responsibilities include but are not limited to:

  • Enter timesheets, process expenses, and maintain document controls
  • Implement inventory procedures and manage ordering, returns, and stock levels
  • Coordinate vendor relations and process invoices and purchase orders
  • Assist in proposal preparation and support change order documentation
  • Manage and maintain customer inventory control systems (e.g., WASP)
  • Monitor inventory losses and support loss-prevention initiatives
  • Maintain office supplies, equipment servicing, and administrative systems
  • Prepare reports and support compliance with health, safety, and regulatory standards
  • Schedule facility usage, vendor services, and internal coordination
  • Monitor work order compliance through the CMMS system
  • Track subcontractor purchase orders and liaise with legal for approvals
  • Maintain and update electronic and manual databases, mailing lists, and inventories
  • Support audits and inspections by organizing required documentation
  • Coordinate internal communications and respond to facility-related inquiries
  • Perform other administrative duties as required to support operations

COMPETENCY REQUIREMENTS

  • Communicates Effectively
  • Customer Focus
  • Holds Self and Others Accountable
  • Teamwork and Collaboration
  • Values and Respects Others

EDUCATION REQUIREMENTS

  • High School Diploma
  • Degree or Diploma in Office Administration or related would be considered an asset

WORK EXPERIENCE REQUIREMENTS

  • 5 years in an office environment in an administrative role
  • 1-2 years of experience in inventory control or equivalent
  • Experience in the construction sector is considered an asset

SKILLS, ABILITIES, AND OTHER REQUIREMENTS

  • Proficient knowledge and understanding of:
  • Organization and time management
  • Work well under pressure
  • Meet all deadlines
  • Ability to multitask
  • Proficient user of:
  • MS Office (Word, Excel, Project)
  • JD Edwards or an Oracle-based ERP system considered an asset
  • Knowledge of an Inventory Management Software is an Asset (WASP, Fishbowl, or inflow, etc.)
  • Valid Ontario "G" Driver's License is required


The expected salary range for this role is between $60,000 - $65,000 per year. The starting salary will be determined based on several factors such as the successful candidate's qualifications, including but not limited to education and experience. Base pay is one component of Black & McDonald's total rewards package. Total rewards vary by position and may include additional offerings such as group insurance benefits, pension plan, annual discretionary bonus, career development programs, and other HR programs.
Black & McDonald welcomes and encourages applications from persons with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the recruitment and selection process.

#LI-RM

Employment Type: FULL_TIME

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