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Insurance Risk Manager Jobs in Burnaby, BC (NOW HIRING)

Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to CEO | LMIA / PNP sponsorship available About the Client Our client is one of Canada's fastest ...

Lead Risk Manager, Payment Fraud Toronto Onsite | Full-Time | Hybrid after onboarding | Reports to CEO | LMIA / PNP sponsorship available About the Client Our client is one of Canada's fastest ...

Who We Are We are BC's largest Insurance Broker and looking for individuals to grow with us! A ... What We're Looking For As a Manager, Complex Risk Support Services in the Commercial Insurance ...

Manage budgets, schedules, resources, and client communications. * Ensure quality and compliance ... insurance, service recognition awards, retirement savings plan, and employee stock purchase plan.

Completion of industry-related designation (BCIT Insurance & Risk Management, CAIB, CIP, CRM, etc), or actively working on completion The expected salary range for this positionis$50,000 to $60 ...

Risk Analyst

Vancouver, BC

CA$85K - CA$111K/yr

The analyst will take a supporting role in managing the Airport Authority's project risk assessments with initiative sponsors, project teams, Finance and other functional groups to ensure risk ...

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Insurance Risk Manager information

See Burnaby, BC salary details

$11.1K

$74.7K

$116.1K

How much do insurance risk manager jobs pay per year?

As of Jul 22, 2026, the average yearly pay for insurance risk manager in Burnaby, BC is $74,703.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,281.00 and $95,972.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Risk Manager, and why are they important?

To thrive as an Insurance Risk Manager, you need expertise in risk assessment, analytical thinking, and a strong understanding of insurance principles, often supported by a relevant degree and certifications like ARM or CPCU. Familiarity with risk modeling software, statistical analysis tools, and regulatory compliance systems is typically required. Strong communication, decision-making, and problem-solving skills help you effectively advise stakeholders and manage complex risk scenarios. These abilities are crucial for identifying, evaluating, and mitigating risks to protect organizational assets and ensure regulatory compliance.

What is the difference between Insurance Risk Manager vs Insurance Underwriter?

AspectInsurance Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in risk management, finance, or related fields; professional certifications like ARM or CPCU are commonUsually holds a bachelor's degree in finance, economics, or related areas; certifications like CPCU or ARe are beneficial
Work EnvironmentWorks in corporate risk management departments, analyzing and mitigating risks for the companyWorks in insurance companies, assessing individual or business applications to determine coverage and premiums
Employer & Industry UsageUsed by insurance companies and large corporations to manage risk exposurePrimarily employed by insurance carriers to evaluate and approve insurance policies

While both roles involve understanding insurance policies, the Insurance Risk Manager focuses on overall risk mitigation strategies within an organization, whereas the Insurance Underwriter evaluates individual insurance applications to determine coverage and pricing.

What does an Insurance Risk Manager do?

An Insurance Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact an organization’s assets, operations, or reputation. They analyze various types of risks—including financial, operational, and compliance risks—and develop strategies to minimize potential losses. Insurance Risk Managers also advise on appropriate insurance coverage, negotiate policies with insurers, and ensure that the company complies with relevant regulations to protect against unforeseen events.

What are the most common challenges Insurance Risk Managers face when working across different departments?

Insurance Risk Managers often collaborate with various departments such as underwriting, claims, and compliance to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment of risk policies across teams that may have different priorities or levels of risk awareness. Balancing regulatory requirements with business objectives can also be complex, requiring strong negotiation and relationship-building skills. Successfully navigating these challenges helps create a unified risk culture and strengthens the organization's overall resilience.
What cities near Burnaby, BC are hiring for Insurance Risk Manager jobs? Cities near Burnaby, BC with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Burnaby, BC as of July 2026, with employment types broken down into 1% As Needed, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $74,703 per year, or $35.9 per hour.

CA$105K - CA$155K/yr

Other

Posted 8 days ago


Job description

Interested in joining one of Canada's top performing asset managers? We are looking for an Operational Risk Management Manager (ORM) to join our Operational Risk Team. Operational Risk Management (ORM) plays an essential role in driving and embedding a risk intelligent culture and operational excellence across our firm. You will have the opportunity to work closely with multiple internal and external business partners including external auditors, middle & back-office teams, compliance officers and senior leaders. Familiarity with the investment industry and its standards as well as a variety of business applications and technologies assist in you adding value from day 1!
 
What You Will Do
  • Play a leadership role in the coordinating the SOC1 audit, internal controls review, and security attestations working with business, operational and technology teams and external auditors.
  • Work collaboratively with the ORM team and business partners to identify, monitor and report on operational risk incidents, issues, trends and outcomes to Senior Leaders on a regular basis.
  • Collaborate with the Senior Leaders, business, and project teams to identify and assess operational risks, review the effectiveness of controls, mitigation strategies or improvement plans.
  • Provide recommendations for cost effective operational risk mitigation strategies or action items across all business areas, projects or other strategic initiatives.
  • Evolve and progress the Operational Risk Management framework, policies and procedures in line with business and industry developments.
  • Lead training and educational seminars on Risk Intelligent culture and components parts of the Operational Risk framework and platform.
  • Research and share knowledge of latest operational risk management techniques and practices across the team; leverage your experience to implement leading practices
What You Bring 
  • Passion for Operational Risk Management - you have a minimum of 7 years in internal audit or Operational Risk Management experience, ideally in financial services. You have expert knowledge of SOC1 reporting, risk and control management frameworks, and broad-based business practices. Your organizational, project management skills and subject matter expertise are critical success factors.  Completion of relevant qualification or certification is an asset.
  • Influencer - you are a thought leader and influencer and are able to work successfully with a diversity of individuals and teams at all organization levels. Your excellent communications skills enable you to foster a risk intelligent culture, effectively share your ideas and productively challenge the status quo.
  • Problem Solver - you are a creative thinker and possess an analytical mindset. You enjoy asking questions, identifying root causes and can solve problems.
  • Collaborator - you have a collaborative spirit for developing and maintaining productive relationships. You have a genuine interest in understanding others and their individual perspectives and concerns.
  • Accountability - you have the ability to work independently and as part of a team, taking responsibility for the work you and/or the team does.
  • Continuous Process Improvement Mindset - you constantly take a critical eye to processes with the goal of finding improvement opportunities and are determined to meet short and long-term goals.
  • Adaptability - you like change and can seamlessly adapt to changes in the environment, the industry, our business and priorities.  You take a flexible approach to reach outcomes, course correct as required and embrace uncertainty.
  • Investment Industry Knowledge - experience in or genuine interest for the investment or similar financial services industry will be beneficial to your success.

The salary range for this position is $105,000 to $155,000. The salary range provided reflects the base salary range for this position as required by legislation. In addition, there is an annual performance bonus which contributes to the total compensation for this position. Further questions may be directed to the HR team during the interview process. 

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