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Insurance Risk Senior Manager Salaries in Toronto, ON

• What is the average Insurance Risk Senior Manager salary for Toronto, ON?
  How much does an Insurance Risk Senior Manager in Toronto, ON make? The median annual Insurance Risk Senior Manager salary in Toronto, ON is C$203,727, as of September 23, 2026, with a range usually between C$180,299-C$235,472 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Insurance Risk Senior Manager 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 Senior Manager in Toronto, ON.

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

• Job Description for Insurance Risk Senior Manager
  Oversees an organization's overall insurance program to manage and minimize risk and costs. Manages strategic objectives and policies to ensure effective insurance coverage for the organization. Conducts regular policy reviews and research. Compiles loss trends and reviews actuarial estimations to make recommendations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Creates processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiates policy pricing and terms with vendors. May review and approve policy renewals and applications. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View full job description

• Similar Job titles to Insurance Risk Senior Manager
  • Actuarial Services Senior Manager
  • Credit Risk Officer III
  • Insurance Risk Analyst I
  • Insurance Risk Analyst II
  • Insurance Risk Analyst III
  • Insurance Risk Analyst IV
  • Insurance Risk Analyst V
  • Insurance Risk Manager

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

• Most Popular Cities for Insurance Risk Senior Manager in Canada
  • Fredericton, NB Insurance Risk Senior Manager
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  • Oshawa, ON Insurance Risk Senior Manager
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  • Charlottetown, PE Insurance Risk Senior Manager
  • Montreal, QC Insurance Risk Senior Manager
  • Quebec, QC Insurance Risk Senior Manager
  • Sherbrooke, QC Insurance Risk Senior Manager

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• Categories that include Insurance Risk Senior Manager
  • Accounting

• Insurance Risk Senior Manager Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Accounting Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K