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

Operate responsibly by managing risk, safety, and environmental considerations across all our projects and surrounding communities. Our success is built on the passion, expertise, and dedication of ...

Your Opportunity BDO Canada LLP is looking for a Manager, Risk Advisory Services to join the BDO's Risk Advisory team in Toronto . This is a replacement role and presents an excellent opportunity to ...

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 ...

As a risk management advisor, you assist with risk management and supervision analysis, research ... Group insurance including telemedicine * Reimbursement of health and wellness expenses and telework ...

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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 Aug 17, 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?

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 August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 25% Part Time, 1% Temporary, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $70,813 per year, or $34 per hour.

Full-time

Posted 26 days ago


Job description

Come Build Your Career at Aecon!

Aecon delivers some of the most complex and impactful infrastructure projects - from transformative transportation networks to critical energy, industrial and nuclear programs. The projects we build connect communities and power future generations. With deep roots in North America and a strong footprint internationally, Aecon brings global expertise and proudly serves public and private sector clients through its Construction and Concessions segment.

Safety Always is not only our #1 core value - it is the standard that anchors our culture. We believe the most ambitious projects deserve the most committed people. At Aecon, you won't just build your career - you'll help build what matters to enable future generations to thrive.

At Aecon, you can count on:

  • Safety Always. Our number one core value. The safety of our people, projects, partners, and stakeholders is our priority focus - today and always.
  • Integrity. We lead by example, with humility and courage.
  • Accountability. We're passionate about delivering on our commitments.
  • Inclusion. We provide opportunities where people feel valued, supported, and empowered to contribute fully.

We deliver infrastructure with purpose, and our people are at the heart of everything we do. Aecon employees are incredibly proud to build some of the most impactful infrastructure of this generation - we call it Aecon Proud.

At Aecon we:

  • Ensure you and your family receive the services and benefits needed to support your mental, emotional, and physical well-being.
  • Are intentional when it comes to investing in your development. We help you build your career and advance your skills through our Aecon University, tuition reimbursement, and Leadership Programs.
  • Are committed to creating work environments focused on mutual respect, teamwork, collaboration, and new ideas, through meaningful initiatives, training, partnerships with Veteran groups, our Aecon Women in Trades and diversity programs, as well as our Employee Resource Groups (ERGs), to ensure we are building with top talent and harnessing our collective strengths within every aspect of our culture.
  • Operate responsibly by managing risk, safety, and environmental considerations across all our projects and surrounding communities.

Our success is built on the passion, expertise, and dedication of our people. Together, we embrace strong execution, innovation, and continuous improvement - values that come to life through the unique talents and collaborative spirit of every team member. If you're inspired to make a difference through future-building projects, join our best-in-class team.

What is the Opportunity?

Aecon Civil is a recognized leader in the market, backed by strong selfperform capabilities and deep local expertise. We play a key role in building and enhancing infrastructure across Canada, the U.S., and an expanding international footprint improving everyday life through the roads, bridges, tunnels, and transit systems that connect communities. With more than a century of experience and a full suite of integrated services, Aecon is a trusted partner for delivering complex civil projects, including tunnels, transit expansions, airports, ports, highways, and largescale site development.

Reporting to the Risk Director, the Risk Manager will coordinate daytoday risk management activities for the assigned project. This position requires strong collaboration with internal and external stakeholders, along with excellent communication and organizational skills.

The Hamilton LRT Alliance has been selected by Metrolinx as the development partner for the Hamilton LRT, Package 1: Civil & Utilities. Under the alliance model, Aecon provides construction capability and resources as part of an integrated team, working collaboratively with all alliance participants to progress design, cost, and construction schedules during the project's development phase.

The Hamilton LRT isn't just a transit project, it's reshaping how a city connects, grows, and moves. Join us in being part of a dynamic team building critical infrastructure that will leave a lasting legacy for generations to come!

 

What You'll Do Here:

  • Work collaboratively with the Risk Director and stakeholders, both internal and external, to identify, evaluate, and manage project risks, issues, treatment plans and actions.
  • Support the development and implementation of the project's Risk management Plan.
  • Support the development and maintenance of the project's risk register and communicate relevant updates to key stakeholders.
  • Promote risk culture in a collaborative project environment through effective communication and teamwork.
  • Integrate risk management with other project controls functions including scheduling, estimating, change control, cost control, and reporting.
  • Coordinate, organize and participate in risk management workshops and meetings.
  • Ensure proper and diligent documentation of all risk-related activities.
  • Utilize Safran Risk and similar packages to conduct risk analysis and to track and report project risks.
  • Conduct qualitative and quantitative cost and schedule risk analysis.
  • Review and update project risks (threats and opportunities) as well as treatment plans and actions.
  • Present findings to the projects team when required.
  • Abide by best practices in accordance with AACE & ISO 31000 regulation and industry standards.
  • Performs other duties and responsibilities as required.

 

What You Bring to the Team:

  • 5 - 7 years of experience in risk management in the civil infrastructure industry.
  • Experience working on major transit infrastructure projects, such as rail, roadway, and airport developments.
  • Bachelor degree in Engineering, Construction Management, Risk management, Business Administration, Analytics, Statistics or related field.
  • Proven experience using Monte Carlo simulation methodologies to assess project risk, cost uncertainty, and schedule variability is preferred.
  • Knowledge of AACE and ISO 31000 approaches to risk management.
  • Experience working in large, complex and progressive delivery projects.
  • Demonstrable technical risk management acumen, including building and running quantitative cost and schedule risk models.
  • Skilled in using industry standard risk applications, including Active Risk Manager (ARM) and Safran.
  • Professional qualifications, including PMI-RMP, PMI-PMP, ARM, or CRM are desirable.
  • Strong understanding of project controls functions.
  • Perform effectively in a fast-paced environment and ability to learn new systems, policies and procedures and meet challenging deadlines.
  • Effective interpersonal, oral and written communication skills, and attention to detail.
  • Ability to work with a diverse workforce in intercultural environments.

Reason for vacancy: New

The expected pay range for this role is $120,000 - $170,000 per year

Individual pay is determined based on several factors, including work location, education, experience, unique skills and job conditions. Other considerations may include certifications, specialized training, and the complexity or scope of the role. 

Referral Bonus - refer a standout candidate, and receive a $3,000 referral bonus after they have successfully completed their first 6 months of employment with Aecon.    

Aecon fosters belonging within and across our organization. We are committed to providing equal employment opportunities and considering all applicants without regard to race, color, religion, sex, national origin, age, disability, or any other characteristic protected by applicable local laws.