Insurance Risk Manager

First Capital [TSX: FCR.UN] owns, operates, and develops grocery anchored open air centres in neighbourhoods with the strongest demographics in Canada. Through the expertise and collaboration of our team, we create thriving properties which generate value for businesses, investors and our neighbourhoods. As one of the Greater Toronto Area’s top employers, we foster a vibrant culture that ensures equal opportunity and well-being for all employees in a dynamic workplace. We are proud to provide rewarding opportunities to build meaningful careers in a fun and high performing environment. 

THE ROLE:                

Reporting to the Director, Senior Legal Counsel, the Insurance Risk Manager will be responsible for analyzing the REIT's insurance needs and ensuring an appropriate insurance program is maintained; managing claims; and acting as the subject matter expert in the REIT's insurance program.                

WHAT YOU WILL DO:         

  • Working with the REIT's broker, direct the purchase of property & casualty insurance programs, including but not limited to property; commercial general liability; boiler & machinery; builder's risk and wrap-up. As required, advise on specialty lines of insurance. Responsible for preparing and managing associated insurance program budget.           
  • Review, evaluate and complete insurance applications and renewals to determine policy and endorsement risks, insurance premiums and extent of available insurance coverages.  
  • Assess and identify business risks, audit existing insurance coverage, advise on appropriate insurance coverage to mitigate any risks not adequately covered and work with the REIT's insurance broker.           
  • Oversee the management of the Tenant Insurance program, in collaboration with the Operations and Construction teams to ensure compliance with tenant liability insurance requirements.            
  • Oversee the management of property and liability claims with the assistance of Operations team members and the REIT's independent insurance adjuster providing assistance and expertise, as required.           
  • Conducting policy and compliance audits, including liaising with internal business units.           
  • Advise on insurance language in the REIT's contracts.           
  • Provide support, manuals and training to the business teams managing insurance programs. 


  • Minimum 4 years of property & casualty insurance experience, ideally a large company in roles such as risk manager, underwriter, actuary, or in a similar capacity within the insurance industry. 
  • University degree, and industry professional membership in one or more: Chartered Insurance Professional (CIP) designation with a concentration in underwriting and claims courses, or Canadian Risk Management (CRM) designation. 


  • Well-developed communication, presentation and influencing skills to effectively collaborate across all levels within and outside the organization.
  • Pragmatic approach to problem-solving and analytical review with a superior attention to detail, accuracy, and completeness. 
  • Outstanding time management and organizational capabilities with the ability to work independently in a dynamic environment, dealing with competing priorities and deadlines.
  • Action orientated, proactive with a high degree of initiative.
  • Strong general computer skills, including proficiency in Microsoft Office Suite.

WHAT WE OFFER:                 

We invest in People. Along with our competitive compensation packages—we're always thinking of new ways for our people to share in the company's success. We are very proud to offer the following to our employees:                 

  • Flexible Hours            
  • Remote workdays            
  • Company-matched savings plans            
  • Annual Wellness Subsidy             
  • Tuition & Development Program             
  • Employee Referral Program             
  • Rewards and Recognition Programs            
  • Paid time off during December holiday season            
  • Parental leave benefits             

Our people are what makes us different. At First Capital we are committed to workplace diversity and inclusion within our organization, therefore, we encourage all qualified persons from all backgrounds to apply. Accommodations are available, upon request, to all applicants with disabilities throughout our hiring process. To discuss any accommodation, please email us at