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Insurance Risk Engineer Jobs in Quebec (NOW HIRING)

... risk analyses of equipment and operations, as well as ergonomic analyses, and propose engineering ... Group insurance with plans that adapt to your reality An RRSP with employer contributions for ...

Conduct risk analyses of equipment and operations, as well as ergonomic analyses, and propose ... Group insurance with plans that adapt to your reality * An RRSP with employer contributions for ...

Conduct risk analyses of equipment and operations, as well as ergonomic analyses, and propose ... Group insurance with plans that adapt to your reality * An RRSP with employer contributions for ...

Support project managers with technical input for proposals and risk assessments. * Collaborate ... AD&D Insurance, disability insurance * Family Care: Life and Family (Legal, pet, auto, home ...

... third-party risk management, board reporting, and cyber insurance underwriting; making all ... Collaborating with engineers, product managers, and stakeholders, you will accelerate development ...

... third-party risk management, board reporting, and cyber insurance underwriting; making all ... Collaborating with engineers, product managers, and stakeholders, you will accelerate development ...

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Showing results 1-20

Insurance Risk Engineer information

See Quebec salary details

$28.5K

$133K

$314.5K

How much do insurance risk engineer jobs pay per year?

As of Jun 20, 2026, the average yearly pay for insurance risk engineer in Quebec 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 job categories do people searching Insurance Risk Engineer jobs in Quebec look for? The top searched job categories for Insurance Risk Engineer jobs in Quebec are:
Infographic showing various Insurance Risk Engineer job openings in Quebec as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $133,039 per year, or $64 per hour.

Chief Advisor Quantitative Risk Specialist

National Bank

Montreal, QC โ€ข On-site, Remote

Full-time

Medical, Retirement

Posted 9 days ago


Job description

A career in the Internal Audit Capital Markets team at National Bank, means using your quantitative expertise to challenge models and risk analytics that support trading, market risk and valuation control. As Chief Advisor - Model & Quantitative Specialist, you will lead and deliver audits focused on model risk, market risk methodologies and frontโ€‘toโ€‘back controls, helping strengthen governance, improve outcomes, and ensure key decisions are supported by robust analytics. You will partner closely with Market Risk, Front Office and other control functions, and you will act as a goโ€‘to subject matter expert for complex quantitative topics across the team.

Your role

  • Lead and/or execute audits across Capital Markets with a primary focus on model risk and quantitative topics (e.g., market risk models, stress testing frameworks, limit controls, valuation and model governance)
  • Assess model lifecycle controls end-to-end (development, implementation, independent validation, monitoring, change management and documentation) and evaluate alignment with governance expectations and regulatory requirements (including OSFI Guideline Eโ€‘23)
  • Perform quantitative audit procedures such as independent calculations, benchmarking/challenger analyses, sensitivity/stability testing and backtesting review to support clear, evidence-based conclusions
  • Act as a trusted Internal Audit advisor for quantitative/model related topics with Front Office, Market Risk and Finance/Valuation Control, helping translate complex quantitative topics into actionable risk insights for senior stakeholders
  • Influence and negotiate with senior management on the severity, root cause and remediation of issues raised; drive practical, measurable action plans
  • Coach and upskill the team on quantitative concepts, model governance, audit best practices and effective challenge

Your team

You will join a multidisciplinary team of 20+ colleagues and report to the Senior Director - Internal Audit Capital Markets. You will work on highโ€‘impact, cross-functional mandates that provide a frontโ€‘toโ€‘back view of the trading and risk ecosystem, with exposure to senior stakeholders and complex quantitative topics. We offer an environment that supports learning, knowledge sharing and work/life balance.

Prerequisite

  • Bachelorโ€™s or Masterโ€™s degree in a relevant field (e.g., quantitative finance, mathematics, statistics, engineering, actuarial sciences, economics or related)
  • 10+ years relevant experience with exposure to Capital Markets
  • Strong risk and complex financial instrument valuation expertise (VaR, stress testing, sensitivities, P&L decomposition, pricing models)
  • Strong understanding of model risk management best practices (model lifecycle: development, implementation, validation, monitoring)
  • Regulatory literacy for model risk, including OSFI Guideline Eโ€‘23
  • Excellent written and verbal communication skills - able to synthesize and explain complex quantitative topics to nonโ€‘quant partners and senior management
  • Collaborative and confident in stakeholder communications of findings and remediation plans
  • A curious, proactive mindset with strong ownership, independence and attention to detail
Your benefits
In addition to competitive compensation, upon hiring youโ€™ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

* Health and wellness program, including many options
* Flexible group insurance
* Generous pension plan
* Employee Share Ownership Plan
* Employee and family assistance program
* Preferential banking services
* Involvement in community initiatives
* Telemedicine service
* Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employeesโ€™ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment
Weโ€™re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on peopleโ€™s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Join us!