Sustainability Transition Risk Underwriter

Zurich NA is seeking a Sustainability Transition Risk Underwriter in Canada. The role involves developing sustainability strategies, managing projects, and assessing risks related to new technologies and infrastructure. Candidates should have a background in engineering or environmental sciences, with at least 2 years of relevant experience. This position is hybrid, requiring both remote and in-office work, and emphasizes collaboration in a values-driven environment.
Sustainability Transition Risk Underwriter

122489

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

If you have experience in Sustainability Underwriting and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for a sustainability subject matter expert who possesses a unique blend of engineering expertise and underwriting acumen, complemented by strong project management and risk assessment capabilities.

Reporting to the Head of Property Lines, you will develop and implement sustainability engagement plans, manage complex projects, and evaluate risks associated with new technologies and infrastructure development. The successful candidate will demonstrate an in-depth understanding of financial governance across multiple jurisdictions and possess the ability to interpret and respond to human behavioral cues effectively.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a hybrid work opportunity.

What you will do

• Lead the development and execution of sustainability strategies in collaboration with both internal and external stakeholders.

• Oversee and manage sustainability-related projects, ensuring timely and successful delivery.

• Conduct comprehensive risk assessments for new technologies, engineering advancements, and infrastructure projects.

• Effectively communicate technical risks and insights to underwriting teams and relevant stakeholders.

• Apply an evidence-based, engineering first principles approach known as risk-based assessment (RBA) to analyze and interpret risks.

• Understand and continually build knowledge on latest in LCA.

• Understand the fluidity of compliance requirements related to climate risk and ESG reporting standards, and its tie to transition risks.

• Adapt and apply RBA methodologies to transition planning, risk strategy development, and equity projection.

• Facilitate intelligent risk transfer within insured-insurer partnerships.

• Maintain up-to-date knowledge of industry changes, including climate, technology, economic, and societal shifts.

Job Qualifications

What you bring to the table

• Bachelors degree in Engineering, Environmental Sciences, Finance, Risk Management, or a related discipline

OR

• Masters of Engineering (with Elite Certificate)

AND

• Relevant professional memberships (such as the Institution of Civil Engineers), certifications, or advanced degrees are highly desirable.

• Minimum of 2 years of work experience in a relevant field

• Strong analytical and problem-solving skills

• Emotional and situational intelligence

• Proven ability to work independently and collaboratively within a team environment

Preferred:

• Additional languages to English fluency

• International work experience, not limited to financial services

• International Organization, Private Equity work experience

• Current or prospective M. Eng student with qualifying work experience

Our Culture

• At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.

• We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.

• We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.

• We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.

• We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.

• We are committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.

• We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.

• We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.

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