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Insurance Risk Manager Jobs in Ottawa, ON (NOW HIRING)

Manager, Risk Advisory Services

Ottawa, ON · On-site

CA$88K - CA$134K/yr

Your Opportunity BDO Canada LLP is looking for a Manager, Risk Advisory Services to join our Evaluation team within the Risk Advisory Services practice in Ottawa . This is a new role, and some of the ...

As a risk management generalist at PwC, you will provide advisory and practical support to teams across a wide range of specialist risk and compliance areas. Our Transformation Risk & Advisory team ...

Integrate risk management with other project controls functions including scheduling, estimating, change control, cost control, and reporting. * Coordinate, organize and participate in risk ...

Catastrophe Risk Specialist

Ottawa, ON · Hybrid

CA$85K - CA$115K/yr

Analyze historical data, scientific research, and insurance claims to enhance model accuracy. * Collaborate with actuaries, underwriters, and analysts to understand risk exposures, and manage ...

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Insurance Risk Manager information

See Ottawa, ON salary details

$10.5K

$70.8K

$110K

How much do insurance risk manager jobs pay per year?

As of Jul 22, 2026, the average yearly pay for insurance risk manager in Ottawa, ON is $70,813.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,299.00 and $90,975.00 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 job categories do people searching Insurance Risk Manager jobs in Ottawa, ON look for? The top searched job categories for Insurance Risk Manager jobs in Ottawa, ON are:
What cities near Ottawa, ON are hiring for Insurance Risk Manager jobs? Cities near Ottawa, ON with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Ottawa, ON as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 23% Part Time, and 5% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $70,813 per year, or $34 per hour.

Manager, Risk Advisory Services

BDO Canada

Ottawa, ON

Full-time

PTO

Posted 6 days ago


Job description

Putting people first, every day

BDO is a firm built on a foundation of positive relationships with our people and our clients. Each day, our professionals provide exceptional service, helping clients with advice and insight they can trust. In turn, we offer an award-winning environment that fosters apeople-first culturewith a high priority on your personal and professional growth.

Your Opportunity

BDO Canada LLP is looking for aManager, Risk Advisory Servicesto join our Risk Advisory Services practice in Ottawa. This replacement role presents an excellent opportunity for an experienced professional to contribute to a growing practice and help deliver exceptional value to our clients.

The following provides an overview of some of the recent engagements our team has been tasked with:

  • Reviewing the process for administering grants, awards and prizes to professional artists and arts organizations across Ontario.
  • Assessing indigenous engagement and reconciliation activities for Canada's largest nuclear science and technology laboratory.
  • Developing a risk appetite framework for application across the Ontario Public Service.
  • Assessing the financial projections and due diligence of a major infrastructure renewal project in Ottawa.
  • Assessing the data and artificial intelligence strategy for the department responsible for social programs and the labour market at the federal level in Canada.
  • Providing agile assurance over major digital transformation initiatives within the federal public service.
  • Reviewing governance and reporting practices for a large, national natural museum.

Our clients include a range of public sector and not-for-profit organizations including the Children's Aid Society of Toronto, Atomic Energy of Canada Limited, Indigenous Services Canada, Crown Indigenous Relations and Northern Affairs Canada, The Canadian Museum of Nature, Canada Mortgage and Housing Corporation, the City of Ottawa, and many more.

Your responsibilities will include the following:

  • Lead engagement teams to plan and provide risk advisory services, including internal audits, enterprise risk management programs and independent assessments.
  • Oversee the assessment, documentation, and evaluation of compliance, effectiveness (performance) and efficiency of business processes, internal controls, and programs/initiatives in a wide range of environments.
  • Build positive working relationships with clients and identify improvements for future engagements.
  • Actively assist and support the team in pursuing business development opportunities, including responding to Requests for Proposals (RFPs).
  • Maintain a proactive and logical approach to information gathering and analysis and present complex ideas through clear written and verbal communications.
  • Review key deliverables and provide feedback to staff to ensure deliverables provided to our clients are of the highest quality and in accordance with relevant standards.
  • Develop and refresh methodologies related to existing and new solutions and services.
  • Manage projects to ensure they are conducted on time, on schedule, and within budget as much as possible.
  • Ensure high quality client service by monitoring daily progress of fieldwork.
  • Mentor and provide support and guidance to colleagues.
  • Demonstrate managerial skills in working with high-performing teams.

How do we define success for your role?

  • You demonstrate BDO's core values through all aspects of your work: Integrity, Respect and Collaboration.
  • You understand your client's industry, challenges, and opportunities; clients describe you as positive, professional, and delivering high-quality work.
  • You identify, recommend, and are focused on effective service delivery to your clients.
  • You share in an inclusive and engaging work environment that develops, retains & attracts talent.
  • You actively participate in the adoption of digital tools and strategies to drive an innovative workplace.
  • You grow your expertise through learning and professional development.

Your experience and education

  • You have completed a bachelor's degree in business administration or a related field.
  • You have completed your professional designation (e.g. Certified Internal Auditor).
  • You have at least 5 years of professional experience in an internal audit, risk management, governance, compliance or other related field.
  • You can diagnose project issues, develop practical solutions, and draft clear, high-quality client deliverables
  • You display strong problem solving, leadership, time management and organizational skills, with the ability to prioritize your workload and manage multiple priorities and deadlines.
  • You display exceptional communication skills, both written and verbal, and presentation skills for internal/external purposes.
  • You have experience managing project teams, providing coaching and guidance to junior team members, and supporting the delivery of high-quality client work.
  • You thrive in a collaborative organization and environment.
  • You are focused on goals, results, and clients.
  • You have or qualify to obtain Government of Canada security clearance.
  • Bilingual in French and English is considered an asset.
    The expected range of compensation for this role is$88,000 - $134,000 per annum.



Why BDO?
Our people-first approach to talent has earned us a spot among Canada's Top 100 Employers for 2026. This recognition is a milestone we're thrilled to add to our collection of awards for both experienced and student talent experiences.


At BDO, our people experience is guided by three core pillars-Do work with genuine care, Do what matters with purpose, and Do what's next - shaping how we support our people, serve our clients, and grow together.

Our firm is committed to providing an environment where you can be successful in the following ways:

  • We enable you to engage with how we change and evolve, being a key contributor to the success and growth of BDO in Canada.
  • We help you become a better professional within our services, industries, and markets with extensive opportunities for learning and development.
  • We support your achievement of personal goals outside of the office and making an impact on your community.
  • We foster a collaborative, inclusive environment where your ideas are valued, and you can do your best work with genuine care and purpose
  • We encourage innovation and forward thinking, empowering you to embrace what's next and help shape the future of our firm

Giving back adds up:Where company meets community.BDO is actively involved in our communities by supporting local charity initiatives. We support staff with local and national events where you will be given the opportunity to contribute to your community.

Total rewards that matter: We pay for performance with competitive total cash compensation that recognizes and rewards your contribution. We provide comprehensive benefits from day one, and a flexible personal time off policy. We're committed to supporting your overall wellbeing and provide reimbursement for wellness initiatives that fit your lifestyle.

Everyone counts:
We are committed to creating a workplace where employees can participate fully, contribute meaningfully and succeed without barriers. We are dedicated to fostering a workplace defined by respect, fairness, and a true sense of belonging for everyone. We recognize and celebrate the unique experiences, identities, and perspectives that each of us bring - and that these experiences strengthen how we work together. Our commitment extends to ensuring that our application process is both inclusive and accessible. If you require accommodation to complete the application process, please contact us.


Flexibility:
All BDO personnel are expected to spend some of their time working in the office, at the client site, and virtually unless accommodations or alternative work arrangements are in place.

Our model is a blended approach designed to support the flexible needs of our people, the firm and our clients. It's about creating work experiences that meet everyone's needs and providing flexibility to adjust when, where and how we work to meet the expectations of our role.

Code of Conduct: Our Code of Conduct sets clear standards for how we conduct business. It reflects our shared values and commitments and includes guiding principles to help us make ethical decisions and maintain trust with each other, our clients, and the public.

BDO may use artificial intelligence enabled tools to support certain aspects of the recruitment process. While these tools assist our teams, our use of AI does not replace human decision making, and all employment-related outcomes are made by BDO personnel.

More information on BDO Canada's Privacy Policy can be found here:

Privacy Policy | BDO Canada


Ready to make your mark at BDO? Click "Apply now" to send your up-to-date resume to one of our Talent Acquisition Specialists.


To explore other opportunities at BDO, check out ourcareers page.