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 30 insurance jobs listed below pay well, with salaries between $50,656 and $93,971 per year. Actuary, Senior Underwriter and Underwriter are among the most popular high-paying roles in Waterloo, ON.
Job title
Updated Nov. 06, 2026
Job title
Waterloo, ON
Ontario
Job openings (Waterloo)
Claims Specialist
Waterloo
$93,971
per year
Ontario
$76,726
per year
Actuary
Waterloo
$88,894
per year
Ontario
$98,843
per year
Senior Underwriter
Waterloo
$76,083
per year
Ontario
$94,191
per year
Adjuster
Waterloo
$69,857
per year
Ontario
$71,503
per year
Underwriter
Waterloo
$66,055
per year
Ontario
$76,432
per year
Claims Adjuster
Waterloo
$66,046
per year
Ontario
$64,363
per year
Claims Associate
Waterloo
$50,656
per year
Ontario
$53,589
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 jobsAverage salary
Waterloo
$93,971 per yearOntario
$76,726 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 jobsAverage salary
Waterloo
$88,894 per yearOntario
$98,843 per yearSkills
- Communication skills
- SQL
- Analysis skills
- Pricing
- Python
-
Senior Underwriter
Review job description
Please refer to the employers job description for complete details.
Senior Underwriters assess complex insurance applications, set risk terms, and approve policies that protect company assets. They need expertise in risk analysis, insurance regulations, and strong judgment to balance client needs with financial safeguards.
See jobsAverage salary
Waterloo
$76,083 per yearOntario
$94,191 per yearSkills
- Negotiation
- Communication skills
- Microsoft Office
- Analysis skills
-
Adjuster
See jobsAverage salary
Waterloo
$69,857 per yearOntario
$71,503 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 jobsAverage salary
Waterloo
$66,055 per yearOntario
$76,432 per yearSkills
- Microsoft Office
- IT
- Microsoft Excel
- Analysis skills
-
Claims Adjuster
Review job description
Please refer to the employers job description for complete details.
Claims Adjusters evaluate insurance claims, investigate facts, and determine claim validity and compensation. They need expertise in policy interpretation, knowledge of insurance regulations, and strong analytical and communication skills to handle complex cases fairly and efficiently.
See jobsAverage salary
Waterloo
$66,046 per yearOntario
$64,363 per yearSkills
- Analysis skills
- Negotiation
- Customer service
- Organizational skills
- Microsoft Office
-
Claims Associate
See jobsAverage salary
Waterloo
$50,656 per yearOntario
$53,589 per year