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Insurance Risk Analyst IV Salaries in Thunder Bay, ON

• What is the average Insurance Risk Analyst IV salary for Thunder Bay, ON?
  How much does an Insurance Risk Analyst IV in Thunder Bay, ON make? The median annual Insurance Risk Analyst IV salary in Thunder Bay, ON is C$147,655, as of September 23, 2026, with a range usually between C$131,948-C$164,517 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Insurance Risk Analyst IV may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Insurance Risk Analyst IV in Thunder Bay, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Insurance Risk Analyst IV in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Insurance Risk Analyst IV in Thunder Bay, ON are expected to make less than the median.
  Source: HR Reported data as of September 23, 2026

• Job Description for Insurance Risk Analyst IV
  Analyzes the insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals, and financial reporting. Creates risk forecasting models and reporting using business intelligence tools. Evaluates insurance proposals and makes recommendations. Negotiates insurance premiums and coverage terms directly with insurance companies and/or through brokers. Collaborates with cross-functional teams to ensure reporting and processing of all policy audits, payments, claims, and renewals. Supports loss prevention and safety initiatives. Reviews insurance policies for accuracy and works with brokers and underwriters to resolve discrepancies. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. View full job description

• Similar Job titles to Insurance Risk Analyst IV
  • Insurance Product Development Analyst II
  • Insurance Product Development Analyst III
  • Insurance Risk Analyst I
  • Insurance Risk Analyst II
  • Insurance Risk Analyst III
  • Insurance Risk Analyst V
  • Insurance Risk Manager
  • Insurance Risk Senior Manager

• Level of Education
  • Insurance Risk Analyst IV Salaries with No Diploma
  • Insurance Risk Analyst IV Salaries with a High School Diploma or Technical Certificate
  • Insurance Risk Analyst IV Salaries with an Associate's Degree
  • Insurance Risk Analyst IV Salaries with a Bachelor's Degree
  • Insurance Risk Analyst IV Salaries with a Master's Degree or MBA
  • Insurance Risk Analyst IV Salaries with a JD, MD, PhD or Equivalent

• Most Popular Cities for Insurance Risk Analyst IV in Canada
  • Fredericton, NB Insurance Risk Analyst IV
  • Moncton, NB Insurance Risk Analyst IV
  • Halifax, NS Insurance Risk Analyst IV
  • Oshawa, ON Insurance Risk Analyst IV
  • Ottawa, ON Insurance Risk Analyst IV
  • Charlottetown, PE Insurance Risk Analyst IV
  • Montreal, QC Insurance Risk Analyst IV
  • Quebec, QC Insurance Risk Analyst IV
  • Sherbrooke, QC Insurance Risk Analyst IV

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• Categories that include Insurance Risk Analyst IV
  • Financial Services
  • Insurance

• Insurance Risk Analyst IV Salaries by Province in Canada
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  • British Columbia
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  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
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• Financial Services Jobs by Salary Range
  • <$30K
  • $30K–$50K
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  • $80K–$100K
  • >$100K