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

Gore Mutual Insurance

LAT Dispute Specialist

Cambridge, ON

CA$67K - CA$117K/yr

The LAT Dispute Specialist represents Gore Insurance at Ontario's Licence Appeal Tribunal, managing ... Through the LAT process the LDS is required to assess risk and work towards maintaining defendable ...

Gore Mutual Insurance

LAT Dispute Specialist

Kitchener, ON · On-site

CA$67K - CA$117K/yr

The LAT Dispute Specialist represents Gore Insurance at Ontario's Licence Appeal Tribunal, managing ... Through the LAT process the LDS is required to assess risk and work towards maintaining defendable ...

Gallagher

Commercial Account Executive

Waterloo, ON · Hybrid

Build and maintain a knowledge base of coverage lines as well as risk management solutions and insurance products. * Articulate a tailored value proposition in a manner that distinguishes Gallagher ...

Gore Mutual Insurance

LAT Dispute Specialist

Guelph, ON

CA$67K - CA$117K/yr

The LAT Dispute Specialist represents Gore Insurance at Ontario's Licence Appeal Tribunal, managing ... Through the LAT process the LDS is required to assess risk and work towards maintaining defendable ...

Gore Mutual Insurance

LAT Dispute Specialist

Waterloo, ON · On-site

CA$67K - CA$117K/yr

The LAT Dispute Specialist represents Gore Insurance at Ontario's Licence Appeal Tribunal, managing ... Through the LAT process the LDS is required to assess risk and work towards maintaining defendable ...

Gore Mutual Insurance

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 ...

BMO Capital Markets

Client Service Assistant

Guelph, ON · On-site

CA$33K - CA$50K/yr

Take measured risks while protecting the bank by applying our Risk Management Framework in the ... BMO also offers health insurance, tuition reimbursement, accident and life insurance, and ...

Encircle

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 ...

National Bank

Private Banker

Kitchener, ON

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 ...

Gore Mutual Insurance

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 ...

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All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Waterloo, ON

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 Jun 12, 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:
Insurance Risk Manager jobs near you

Senior Underwriter - Commercial Lines Auto

Wawanesa Insurance

Kitchener, ON • Hybrid

CA$80K - CA$100K/yr

Other

Retirement, PTO

Posted 4 days ago

Job description

Job ID: 9920 


Employment Type: Existing Role 

Working Business Language: English. This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is English.  As such, the successful candidate must be fully proficient in English.


Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 
 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $80,000 - $100,000.  Candidates with salary expectations outside of the range are still encouraged to apply. 

About Us
At Wawanesa, we offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Toronto (North York), ON; Kitchener, ON; Ottawa, ON, Dartmouth, NS; Moncton, NB. 
 

The Wawanesa Mutual Insurance Company ("Wawanesa Mutual"), founded in 1896, is one of Canada's largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,300 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. We are also proud to be recognized as one of Manitoba's Top Employers. To learn more visit wawanesa.com. 


We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.
 

Job Overview

Working under minimal supervision, the Senior Automobile Underwriting Midmarket Commercial Lines is responsible for analyzing the acceptability of complex and high premium volume business according to company guidelines by working collaboratively with our sales force and providing value added expertise and service to both potential and existing policyholders.
 
Job Responsibilities

  • Fleet  & Garage Management and Analysis: You will be responsible for risk analysis using technology as well as external data sources for the purposes of quoting, negotiating and authorizing the acceptance of risk.
  • Knowledge Sharing: You will actively contribute to the team's ongoing training by sharing your knowledge and expertise to promote collective excellence.
  • Portfolio Development in Ontario & Maritimes: You will contribute to the strategic development of our portfolio in the Ontario & Maritimes region, working closely with our broker partners and internal stakeholders.
  • Rapidly Growing Region and Department: By joining a rapidly expanding department, you will benefit from personal and professional development opportunities while playing a key role in achieving business objectives.
  • Participation in Fleet Development: You will be involved in the evolution and management of the fleet for Wawanesa's Commercial Insurance department, directly contributing to our growth and success.
  • Networking and Collaboration: You will maintain excellent relationships with our broker partners, participating in industry events to exchange ideas and promote Wawanesa's expertise.
  • Pricing and Renewal Management: You will assess policy renewal eligibility according to the company's guidelines, while aiming to strengthen customer retention.
  • High-level customer service: Serve as a key point of contact, offering professional, expert, and proactive service.
Qualifications
  • Minimum of 5 years of Commercial Auto Underwriting Experience (Fleet & Garage)  
  • Post-secondary education or related business experience.
  • Completed or actively pursuing a Property and Casualty Industry Designation (eg: CIP).
  • Working knowledge of Microsoft Office Suite and underwriting software.
  • Excellent attention to detail with the ability to review information carefully and comprehensively.
  • Strong analytical and problem-solving skills with the ability to provide justification.
  • Strong interpersonal skills and ability to present information in a convincing manner.
  • Ability to multi-task and prioritize daily work while meeting deadlines and maintaining a high level of performance.


Diversity Equity, Inclusion& Belonging
At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people - this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas. 
 

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
 

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.  
 

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