High-paying insurance jobs in Waterloo
Insurance is a financial product that protects individuals and businesses from unexpected losses. The insurance industry manages risk through various policies, including health, auto, home, and life insurance. Agents and underwriters assess needs to ensure comprehensive coverage.
The 31 insurance jobs listed below pay well, with salaries between $48,989 and $93,971 per year. Actuary, Insurance Broker and Adjuster are among the most popular high-paying roles in Waterloo, ON.
Job title
Updated Oct. 17, 2026
Job title
Waterloo, ON
Ontario
Job openings (Waterloo)
Claims Specialist
Waterloo
$93,971
per year
Ontario
$74,609
per year
Actuary
Waterloo
$88,894
per year
Ontario
$98,551
per year
Adjuster
Waterloo
$69,857
per year
Ontario
$71,659
per year
Underwriter
Waterloo
$66,055
per year
Ontario
$76,208
per year
Insurance Broker
Waterloo
$59,731
per year
Ontario
$66,855
per year
Claims Assistant
Waterloo
$52,679
per year
Ontario
$48,848
per year
Claims Adjudicator
Waterloo
$48,989
per year
Ontario
$60,328
per year
Job descriptions below are for educational purposes. Please refer to the employer's job description for complete details.
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Claims Specialist
See 4 jobsAverage salary
Waterloo
$93,971 per yearOntario
$74,609 per yearSkills
- Communication skills
- Microsoft Office
- Organizational skills
- Analysis skills
- Customer service
-
Actuary
Review job description
Please refer to the employers job description for complete details.
Actuaries analyse financial risks, design insurance models, and forecast economic trends. They need proficiency in statistics, expertise in actuarial software, and knowledge of Canadian insurance regulations to deliver precise, data-driven insights.
See 10 jobsAverage salary
Waterloo
$88,894 per yearOntario
$98,551 per yearSkills
- Communication skills
- SQL
- Analysis skills
- Pricing
- Python
-
Adjuster
See 4 jobsAverage salary
Waterloo
$69,857 per yearOntario
$71,659 per yearSkills
- Customer service
- Organizational skills
- Negotiation
- Analysis skills
- Communication skills
-
Underwriter
Review job description
Please refer to the employers job description for complete details.
Underwriters evaluate credit risk, analyse insurance applications, and decide coverage terms while ensuring regulatory compliance. They need strong risk-assessment expertise, industry knowledge of financial products, and skills in critical thinking and data analysis.
See 3 jobsAverage salary
Waterloo
$66,055 per yearOntario
$76,208 per yearSkills
- Microsoft Office
- IT
- Microsoft Excel
- Analysis skills
-
Insurance Broker
Review job description
Please refer to the employers job description for complete details.
Insurance Brokers assess client needs, compare policies from providers, and advise on coverage options for best protection. They need knowledge of insurance products, strong negotiation skills, and expertise in regulatory compliance within the Canadian market.
See 5 jobsAverage salary
Waterloo
$59,731 per yearOntario
$66,855 per yearSkills
- Communication skills
- Sales
- Insurance sales
- Analysis skills
- Customer service
-
Claims Assistant
See 1 jobsAverage salary
Waterloo
$52,679 per yearOntario
$48,848 per year -
Claims Adjudicator
See 4 jobsAverage salary
Waterloo
$48,989 per yearOntario
$60,328 per year