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Insurance Risk Engineer Jobs in Ontario (NOW HIRING)

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

AWS Engineer

Toronto, ON

CA$75K - CA$141K/yr

Take measured risks while protecting the bank by applying our Risk Management Framework in the ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

You'll ship quickly with clear sponsorship, abundant compute, and a mandate to make insurance ... Represent LLM system architecture and risk trade-offs to engineering leaders, senior executives ...

Conduct risk analyses of equipment and machinery in various industrial environments; * Prepare ... Comprehensive group health insurance coverage from day one (medical, dental, vision, childcare)

Conduct risk analyses of equipment and machinery in various industrial environments; * Prepare ... Comprehensive group health insurance coverage from day one (medical, dental, vision, childcare)

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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 Jul 23, 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:
Infographic showing various Insurance Risk Engineer job openings in Ontario as of July 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Contract. Highlights an 100% In-person job distribution, with an average salary of $133,039 per year, or $64 per hour.
Director Engineering, Digital Insurance

Director Engineering, Digital Insurance

Scotiabank

Toronto, ON โ€ข On-site

$140 - $190/hr

Other

Posted 7 days ago


Job description

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The role

As a Director Engineering, Insurance Digital, you will lead and oversee International Banking ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

Responsibilities
  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Establish and evolve the culture and recruitment practices team, focusing on positioning the Insurance Technology team as a leading-edge organization that attracts, retains, develops and motivates the team by fostering an inclusive work environment; communicating vision/values and business strategy of Scotiabank and IB Technology and managing succession and development planning for the team that will be delivering projects for the International Bank.
  • Ability to lead and influence teams that do not report directly to them.
  • Maintain/enhance subject matter expertise for the Insurance Team by staying current with evolving industry best practices in technology and technology people management, deploying relevant learning's, tools or methodologies.
  • Provides guidance and innovative thought leadership.
  • Support the Scotiabank IT strategy with a clear value proposition, methodologies, training, tracking, communication at all levels, and change management.
  • Work with business partners and functions in achieving cost efficiencies while driving innovation and aligning to the needs of both internal and external customers.
  • Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Understand how the Bankโ€™s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Technical experience to lead a technical team and ensure the results in a specific application if necessary.
  • Hands on experience and willingness to get into the detail as necessary in order to solve complex issues.
  • Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabankโ€™s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vision/values/business strategy; and managing succession and development planning for team.
Qualifications
  • Degree in Engineering or Computer Science or equivalent.
  • Management or related fields - 10+ years on Information Technology, including Agile Development and Deployment, Dev Ops and Testing methodologies.
  • Knowledge of Insurance business will be an asset.
  • Progressive business experience and at least 5 yearsโ€™ experience at a Senior Management level in IT units.
  • Application Development/Testing/Support areas and/or Program Management working experience. Previous experience in banking IT implementation/merger/integration projects and/or divesture would be an asset.
  • Proven senior management experience in leading matrix styled organizations and having the ability to strategically influence both team members, colleagues, and Bank stakeholders.
  • Experienced in leading transformational projects, large and multi-disciplined projects, preferably in financial sector.
  • Being bilingual is a necessary skill.
  • Proven experience leading major initiatives across different countries and supervising several project teams from multiple business/support functions.
Benefits
  • A rewarding career path with diverse opportunities for professional development.
  • A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience.
  • An organization committed to making a difference in our communities โ€“ for you and our customers.
  • Opportunity to work with a very enthusiastic team that helps our clients by ensuring the Bank is able to continue to operate to deliver key business services.

Location(s): Chile : Metropolitana : Santiago de Chile || Canada : Ontario : Toronto || Colombia : Bogota : Bogota

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.

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