HSB Canada, part of Munich Re, is Canada's premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering-based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging, and technology-based risks. We dare to think big, and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.
HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit www.hsb.ca
Primary Objectives:
HSB Canada’s Engineering Department is our center of competence for technical consultancy and risk assessment of highly exposed risks across North America. Our multidisciplinary team of experienced engineers assess operational risks, equipment breakdown (EB), property loss control, and inherent hazards across a wide range of industrial operations. Our expertise supports Underwriters, Claims Adjusters, Brokers, and Insureds in understanding risk exposures and developing practical loss prevention strategies.
We are seeking a self-directed Engineer with experience in property risk assessment and loss prevention to join our team as an Account Engineer specializing in Property. This role offers an opportunity for both developing and experienced property risk professionals to apply their technical expertise in a consultative environment, working closely with underwriters, brokers, and insured organizations to evaluate complex property risks, provide technical guidance, and support meaningful loss prevention outcomes across a diverse portfolio of industrial and commercial operations.
Job Responsibilities
Develop and maintain a strong understanding of assigned accounts, including their operations, property exposures, critical equipment, risk controls, and loss prevention priorities.
Manage the engineering assessment of assigned accounts, including reviewing technical information, evaluating changes in risk, identifying information gaps, and coordinating engineering activities.
Plan and conduct property risk assessments at industrial, commercial, and renewable energy facilities across North America, with a particular focus on hydroelectric generation and related power infrastructure.
Evaluate significant property loss exposures, including construction, occupancy and process hazards, fire protection, natural hazards, critical equipment, operational controls, and business interruption potential.
Develop clear engineering opinions, risk assessments, loss estimates, and practical loss-prevention recommendations to support underwriting and client decision-making.
Prepare and present engineering findings, risk opinions, and recommendations to underwriters, insureds, brokers, and internal decision-making panels, and work collaboratively with stakeholders to drive meaningful risk improvement.
Contribute to HSB’s technical capabilities through the development and improvement of engineering guidance, assessment tools, training materials, and technical publications.
Qualifications
Bachelor's degree in engineering or Fire Science from an accredited university.
Exceptional written, presentation, and interpersonal communication skills, with the ability to explain complex technical matters clearly, present credible engineering opinions, and influence decisions with underwriting panels, senior leaders, brokers, and insureds.
12 or more years of relevant professional experience in property risk engineering, property loss prevention, fire protection, industrial risk management, or related field.
Experience assessing property risks within industrial or power-generation environments, including the application of recognized loss-prevention standards and practices. Experience with hydroelectric power or other renewable energy operations is highly desirable.
Strong knowledge of property loss exposures, fire protection, natural hazards, business interruption, and recognized loss prevention practices.
Willingness and ability to travel throughout North America and conduct site visits at industrial and commercial facilities as required.
Previous insurance industry experience is required. Candidates without insurance experience who demonstrate strong technical capabilities and relevant professional experience are encouraged to apply.
Professional Engineering designation, fire protection education, and bilingual proficiency in English and French are considered assets.
Company Benefits:
Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.
We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:
An engaging and collaborative environment that promotes continuous learning and development
A hybrid work environment that combines weekly in-office and remote days
A great compensation package including an annual company bonus
Competitive company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
Employee Referral Program and Recognition Program
Our base salary range for this role is between $119,000 and $139,000 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, and comparison to internal equity.
This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.
We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.
HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.
We thank all candidates for their interest; however only those selected for interview will be contacted.