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

Commercial P&C Associate

Cambridge, ON · Hybrid

CA$48K - CA$73K/yr

... insurance policies. This position ensures that policies align with company standards and risk ... Responsible for own time management and desk management as well as meeting service level agreements ...

Negotiate terms and conditions for files that conform to risk management standards and ... Flexible group insurance * Generous pension plan * Employee Share Ownership Plan * Employee and ...

Negotiate terms and conditions for files that conform to risk management standards and ... Flexible group insurance * Generous pension plan * Employee Share Ownership Plan * Employee and ...

Account Manager

Kitchener, ON · On-site +1

CA$78K - CA$90K/yr

Our easy-to-use software platform enables thousands of restoration contractors and insurance ... Work with the CSM team to identify at-risk accounts and put together a strategy to secure the ...

Commercial P&C Associate

Cambridge, ON · Hybrid

CA$48K - CA$73K/yr

... insurance policies. This position ensures that policies align with company standards and risk ... Responsible for own time management and desk management as well as meeting service level agreements ...

Join HUB as an Account Manager, Personal Lines Insurance Are you passionate about building ... Analyze risk and pricing strategies to optimize coverage and ensure protection that's both ...

Join HUB as an Account Manager, Personal Lines Insurance Are you passionate about building ... Analyze risk and pricing strategies to optimize coverage and ensure protection that's both ...

Join HUB as an Account Manager, Personal Lines Insurance Are you passionate about building ... Analyze risk and pricing strategies to optimize coverage and ensure protection that's both ...

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Showing results 1-20

Insurance Risk Manager information

See Waterloo, ON salary details

$10.3K

$69.3K

$107.7K

How much do insurance risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for insurance risk manager in Waterloo, ON is $69,307.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,144.00 and $89,040.00 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 Waterloo, ON are hiring for Insurance Risk Manager jobs? Cities near Waterloo, ON with the most Insurance Risk Manager job openings:

Commercial P&C Associate

Gore Mutual Insurance

Cambridge, ON • Hybrid

CA$48K - CA$73K/yr

Other

Medical, Dental, Retirement, PTO

Re-posted 11 days ago


Job description

The Commercial Underwriting Associate plays a pivotal role in supporting the underwriting team by supporting the processing commercial insurance policies. This position ensures that policies align with company standards and risk guidelines while providing exceptional service to brokers. Under the mentorship of seasoned Underwriting leaders, the successful candidate will have an excellent opportunity to develop their underwriting technical knowledge while supporting Commercial P&C Underwriters.

What you will do:

  • Prepare quotes, endorsements, and policy documentation based on underwriting decisions.
  • Ensure compliance with underwriting guidelines, regulatory requirements, and company standards
  • The P&C Associate will be responsible for the adherence to service level agreements on Endorsements and Cancellations as well as some other underwriting tasks.They will support the Underwriters in servicing Renewals
  • Maintain accurate records of underwriting activities in company system
  • Responsible for own time management and desk management as well as meeting service level agreements with guidance and coaching provided by their Team Leader.

What you will need to Succeed:

  • Post secondary education or relevant insurance industry experience 
  • 1+ year of commercial underwriting experience
  • Prior experience in customer facing or relationship management
  • Good interpersonal and communication skills

The expected base salary range for this position is $48,500 - $73,000. Depending on your relevant experience, skills, qualifications, market conditions and business needs, base compensation may vary. You have the potential to earn more through Gore Mutual's discretionary bonus program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

Please note: This range reflects the expected base salary for this role but may not represent the full compensation range for all experience and skill levels. During the recruitment process, we will discuss and consider how your unique qualifications align with the broader range for this position.

Gore Mutual is proud to offer a comprehensive total rewards package which includes extended health and dental benefits, disability insurance, retirement plan matching, paid time off, recognition and perk programs.

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