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

You will lead on the cost management services including estimating, procurement and cost planning ... Accountable for the risk management performance of assigned commission(s). * Creates/designs ...

VP, Risk Portfolio Control

Toronto, ON · On-site

CA$69K - CA$129K/yr

Business Management BMO Capital Markets is a leading, full-service financial services provider. We ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Manage other risk sensing related tasks, which include creating/filing/organizing digital documents, team mailbox management, and other related tasks. * Support the Brand Events and Risk Management ...

Job Summary The People Risk Senior manager (Individual Contributor) is responsible for designing ... Canada Core Benefits: - Insurance: You may enroll in healthcare coverage that is designed to ...

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Insurance Risk Manager information

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 Pickering, ON are hiring for Insurance Risk Manager jobs? Cities near Pickering, ON with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Pickering, ON as of June 2026, with employment types broken down into 68% Full Time, 26% Part Time, and 6% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.
Risk Analyst

Risk Analyst

Mace

Toronto, ON • On-site

Full-time

Posted 22 days ago


Job description

At Mace, our purpose is to redefine the boundaries of ambition. We believe in creating places that are responsible, bringing transformative impact to our people, communities, and societies across the globe. To learn more about our purpose, culture, and priorities, visit our strategy site.

Within our consult business we harness our unique combination of leading-edge practical expertise and project deliveryconsultancy to unlock the potential in every project.  

The Project: This major national rail programme is focused on delivering a modern, electrified high-speed corridor that will strengthen connectivity between key urban centres. The scheme aims to significantly reduce journey times, enhance passenger capacity, and support long term decarbonisation goals. Development is progressing toward phased delivery over the next decade.

Our Values

Safety first - Going home safe and well: You will champion a safe, diverse and inclusive working environment, understanding the importance of wellbeing in your team and local health and safety rules or regulations of the work you're involved with.

Client focus - Deliver on our promise: You will lead on the cost management services including estimating, procurement and cost planning, owning the quality of deliverables, strategic outcomes and building long term relationships with your clients.

Integrity - Always do the right thing: You will lead operations that are fiscally and ethically viable, influencing the achievement of business objectives that align with business and legislative compliance obligations.

Create opportunity - For our people to excel: You will mentor, coach, and develop teams, demonstrating effective leadership to ensure excellence in delivery against plans, championing a continuous improvement culture throughout all activities.

You'll Be Responsible For:

  • Accountable for the risk management performance of assigned commission(s).

  • Creates/designs effective risk management framework(s)/strategy(s) on assigned commission(s).

  • Manages and directs Clients, consultants, contractors, project team on assigned commission(s) on all risk management matters. 

  • Partners with client meeting their expectations and building strong professional relationships. 

  • Provides expert advice and support to Project/Programme teams in the administration of the risk process, particularly with respect to the risks to achievement of key project objectives and escalation of risks.

  • Facilitates and drives the delivery of risk workshops.

  • Works with Project Managers to recognise opportunities and mitigations to minimise risk exposure.

  • Accountable for ensuring risk mitigation action plans are developed, risk and action owners appointed and that project plans are updated accordingly and monitored.

  • Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time).

  • Comments on the adequacy of contingency as part of the regular reporting cycle as required.

  • Develops and delivers monthly risk reports, externally to the client and internally to the project team.

  • Ensures all activities/operations are carried out in line with Mace Control Centre, Client requirements and prevailing legislation.

  • Provides line management to team  and other Project/Programme members. 

  • Utilises expertise to mentor and assist the personal and career development of junior members of risk team.

  • Leads the integration of risk with PMO and Planning disciplines.

  • Supports the HUB Risk Lead with resourcing and recruitment for the assigned commission.                                                                                        

  • Works collaboratively towards the common goal of net zero carbon transition, and share responsibility for the proactive identification and management of the associated carbon emissions and reductions during the delivery of work.
     

You'll Need To Have:

  • Experience in providing effective risk leadership on complex construction projects.

  • Proven ability to establish and implement risk management and assurance frameworks and strategies.

  • Comprehensive knowledge of risk tools, techniques, and software (e.g., Active Risk Manager, riskHive, @RISK, Primavera Risk Analyzer).

  • Ability to manage activities with significant uncertainty in terms of solutions or outcomes.

  • Good understanding of construction projects, including dependencies and interfaces throughout the project lifecycle.

  • Strong sector-specific risk management expertise (e.g., rail, highways, nuclear, public sector, healthcare).

  • Minimum 5 years' experience delivering project risk management services on major construction projects.

  • Commercial awareness with experience in business development, bidding, and winning work.

  • Effective communication and stakeholder engagement skills, with the ability to influence and persuade.

  • Skilled in managing challenging behaviours and maintaining positive outcomes.

  • Resilient and robust when handling difficult situations and environments.

  • Degree in Risk Management, Engineering, Construction, Project Management, or a related discipline (or equivalent qualification or experience).
     

Note: The estimated salary for this position is 130,000 - 180,000 CAD. Starting salary may vary based on permissible, non-discriminatory factors such as experience, skills and qualifications.

Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all the criteria, please apply as you may still be the best candidate for this role or another role within our organisation.

We are also open to discussing part time, flexible, and hybrid working options if suitable with-in the role.