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Insurance Risk Engineer Jobs in Ontario (NOW HIRING)

AI Engineer

Toronto, ON ยท On-site

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 ...

AI Engineer

Toronto, ON ยท On-site

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 ...

Strong engineering judgment, including the ability to assess risk and make sound technical ... Company-paid life insurance and long-term disability insurance * Supplemental life insurance ...

Strong engineering judgment, including the ability to assess risk and make sound technical ... Company-paid life insurance and long-term disability insurance * Supplemental life insurance ...

Systems Safety Engineer

Toronto, ON ยท On-site

CA$97K - CA$144K/yr

The candidate should possess a solid understanding of rail system safety principles, risk ... Comprehensive benefits package including wellness programs, parental leave, and pet insurance, in ...

Systems Safety Engineer

Mississauga, ON ยท On-site

CA$97K - CA$144K/yr

The candidate should possess a solid understanding of rail system safety principles, risk ... Comprehensive benefits package including wellness programs, parental leave, and pet insurance, in ...

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)

... insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk ... As a Databricks Engineer, you will work closely with the Solution Engineer and Data Architecture ...

Showing results 41-60

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 Sep 10, 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 key skills and qualifications needed to thrive as an insurance risk engineer?

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 September 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $133,039 per year, or $64 per hour.

Middle/Senior Software Engineer (Transparency Pricing & Risk)

Toronto, ON โ€ข On-site

Exadel
Computer and Computer Peripheral Equipment and Software Wholesalersย โ€ขย 51 - 200 employees

CA$80 - CA$97/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 8 days ago


Job description

Why Join Exadel

We're an AI-first global tech company with 25+ years of engineering leadership, 2,000+ team members, and 500+ active projects powering Fortune 500 clients, including HBO, Microsoft, Google, and Starbucks.

From AI platforms to digital transformation, we partner with enterprise leaders to build what's next.
What powers it all? Our people are ambitious, collaborative, and constantly evolving.

About the Client

A leading wholesale bank providing capital markets, investment banking, and advisory services worldwide. Recently expanded into a top-tier research platform, the firm focuses on high-growth sectors like technology and healthcare. It integrates advanced AI for market analysis and risk management to serve thousands of professionals across global markets.

What You'll Do
  • Design, develop, and enhance Front Office pricing and risk applications supporting electronic trading.
  • Partner with Sales, Trading, Quantitative Research, and Infrastructure teams to deliver scalable pricing and risk solutions.
  • Build high-performance, event-driven applications with a focus on reliability, scalability, and low latency.
  • Develop automated testing and CI/CD pipelines while supporting production systems and continuous improvement initiatives.
  • Provide technical leadership through solution design, mentoring, and collaboration across Agile teams.
What You Bring
  • Middle/Senior experience developing Front Office pricing, trading, or risk applications.
  • Middle/Senior Core Java (JDK 11+) and 4+ years of enterprise Python development.
  • Experience building high-performance, event-driven, multi-threaded applications.
  • Strong understanding of CI/CD, automated testing, distributed systems, and enterprise software development.
  • Experience partnering directly with Sales, Trading, Quantitative Research, and Infrastructure teams.
  • Technology stack: Java 17+, Scala, Python 3+, React, AngularJS, Solace Messaging, Hazelcast, ZeroMQ, Google Protocol Buffers, JSON, SBE, Graphite, Grafana, and Red Hat Enterprise Linux (RHEL).
Nice to have
  • Experience with Interest Rate products, including FRA, IRS, and Cross-Currency Swaps (XCCY).
  • Experience with Bloomberg APIs (BPIPE, SAPI, DAPI).
  • Java performance tuning and testing experience.
  • Additional experience with JavaScript and React.

Work Type: Hybrid

Location: Toronto, Canada

Legal & Hiring Information
  • Compensation Transparency: The expected compensation range for this role is $80-97/hr CAD, with eligibility for commission, bonus, or other incentive compensation where applicable. Actual compensation will be determined based on experience, skills, qualifications, geographic location within Canada, and business needs.
  • Position Status: This posting is for a newly created position
  • Location Eligibility: This role is open to candidates residing in Canadian provinces, excluding Quebec.
  • Experience Requirements: We welcome applicants with relevant experience regardless of where it was obtained. Canadian work experience is not required.
  • Use of Artificial Intelligence in Hiring: We may use automated tools or artificial intelligence systems to support the screening, assessment, or selection of applicants as part of our hiring process.
  • Benefits Summary: Canadian employees are eligible to participate in Exadel's benefits programs, which may include extended health, dental and vision coverage; life and disability insurance; retirement savings programs; paid time off; paid holidays; and other wellness or voluntary benefit programs, subject to plan terms and eligibility requirements.
  • Equal Employment Opportunity: Exadel is an equal opportunity employer and does not discriminate on the basis of race, colour, religion, sex, gender identity or expression, sexual orientation, national origin, age, disability, family status, or any other protected characteristic under applicable provincial human rights legislation.
  • Accessibility and Accommodation: We are committed to providing accommodations throughout the recruitment process in accordance with applicable accessibility and human rights legislation. If you require accommodation at any stage of the hiring process, please contact us.ย 
Exadel Culture

We lead with trust, respect, and purpose. We believe in open dialogue, creative freedom, and mentorship that helps you grow, lead, and make a real difference. Ours is a culture where ideas are challenged, voices are heard, and your impact matters.