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Insurance Risk Engineer Jobs in Ontario (NOW HIRING)

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial ... Risk Engineering, Credit Management, Actuarial, Claims, General Counsel, and Operations. * Develop ...

HSB Canada, part of Munich Re, is Canada's premier engineering-driven specialty insurer and ... Field Risk Inspector Trainee - Graduate Trainee Program (2 positions available) About the Program:

Stay current with emerging AI technologies and assess their applicability within finance and risk ... Experience in P&C insurance is a plus * Key Competencies: * Strong problem-solving and analytical ...

Manager, Risk Data Analytics

Toronto, ON · On-site

CA$82K - CA$154K/yr

Programming (e.g., Python, SQL, SAS) * Data wrangling, preprocessing, and ETL processes Advanced ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Zurich Canada is currently looking for a Data Engineer to build, operate, and support data ... casualty insurance solutions and a wide range of risk management products and services for ...

Participate in inspections related to insurance, risk management, and regulatory compliance ... Experience and Qualifications: * 3rd or 4th Class Power Engineer * Technical Certificate (C.Tech. ...

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Showing results 1-20

Insurance Risk Engineer information

See Ontario salary details

$28.5K

$133K

$314.5K

How much do insurance risk engineer jobs pay per year?

As of Jun 30, 2026, the average yearly pay for insurance risk engineer in Ontario is $133,039.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,500.00 and $167,500.00 per year, depending on experience, location, and employer.

What does an Insurance Risk Engineer do?

An Insurance Risk Engineer assesses potential risks associated with a business or property to help insurers make informed underwriting decisions. They analyze safety protocols, operational procedures, and structural conditions to identify hazards and recommend risk mitigation strategies. Their goal is to minimize potential losses for both the insurer and the policyholder by implementing effective preventive measures. Risk engineers often conduct site inspections, review compliance with industry regulations, and provide detailed reports to underwriters. This role requires a strong understanding of engineering principles, risk assessment methodologies, and industry-specific safety standards.

What are the typical daily responsibilities of an Insurance Risk Engineer?

Insurance Risk Engineers commonly spend their days conducting on-site risk assessments of commercial and industrial properties, analyzing data to identify potential hazards, and preparing detailed risk evaluation reports for underwriters and clients. They often meet with property managers, safety officers, and other stakeholders to discuss best practices and recommend loss prevention measures. The role may involve occasional travel to client locations and close collaboration with underwriting and claims teams. This dynamic work environment enables continuous learning and opportunities to make tangible impacts on risk management outcomes.

What are the key skills and qualifications needed to thrive in the Insurance Risk Engineer position, and why are they important?

To thrive as an Insurance Risk Engineer, you need a solid background in engineering or a related technical field, strong analytical abilities, and in-depth knowledge of risk assessment methodologies. Familiarity with risk modeling software, industry safety codes, and certifications such as CFPS (Certified Fire Protection Specialist) or ARM (Associate in Risk Management) is highly valued. Exceptional communication, problem-solving skills, and attention to detail are key soft skills for effectively interacting with clients and translating complex technical findings. These competencies ensure accurate risk evaluations, support underwriters, and help mitigate losses, ultimately protecting both insurers and their clients.

What are popular job titles related to Insurance Risk Engineer jobs in Ontario? For Insurance Risk Engineer jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Engineer jobs in Ontario look for? The top searched job categories for Insurance Risk Engineer jobs in Ontario are:
Underwriter, Global Casualty

Underwriter, Global Casualty

Chubb

Toronto, ON

Full-time

Posted 26 days ago


Chubb rating

8.1

Company rating: 8.1 out of 10

Based on 65 frontline employees who took The Breakroom Quiz

132nd of 277 rated insurance


Job description

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

KEY OBJECTIVE:                                                                
As a key member of the Global Casualty underwriting division, you have the role of establishing and maintaining relationships with assigned brokers and managing and growing a profitable book of primary general liability and automobile business for large, complex Canadian multinational clients requiring customized total cost of risk solutions.

MAJOR RESPONSIBILITIES:                                                                        

  • Underwrite primary general liability, automobile and/or international casualty programs for Canadian multinational companies.
  • Ability to underwrite guaranteed cost and large retention structures (high deductibles, self-insured retentions, collateralized programs).
  • Responsible for the profitably, growth, and retention of an assigned renewal book 
  • Accurately select risk for new and renewal business by considering adequate pricing, net limit capacity, coverage negotiation, and understanding policy language.
  • Collaborate and coordinate with underwriting support functions including: Risk Engineering, Credit Management, Actuarial, Claims, General Counsel, and Operations.
  • Develop superior relationships with key brokers and insureds by participating and contributing to reoccurring business meetings and annual stewardships.
  • Identify, analyze, and develop new business targets through participating in monthly Major Accounts meetings, cross selling, and assigned targets.
  • Exhibit technical underwriting expertise and marketing savvy.  
     
  • 5-7 years of general liability or automobile underwriting experience. 
  • Highly analytical and critical thinking skills is a must.
  • Embraces working in a deadline-oriented environment.
  • Superior communication and negotiation skills, proven through marketing and broker relationships.
  • Ability to be innovative and creative to win new business opportunities.
  • A customer service oriented mindset. 
  • Experience in writing large multinational companies.
  • Experience in participating in risk engineering surveys.
  • Intermediate to advanced Excel skills.

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant's accessibility needs.
 


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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US