Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Principal Risk Engineer, Energy & Renewables

$155k - $195k per year

Liberty Mutual Canada

Principal Risk Engineer, Energy & Renewables

Department : Risk Control Services

Location : Toronto, Calgary or Vancouver

Reports To : Vice President, Risk Control Services

Company Overview

Liberty Mutual Canada (“LM Canada”) is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 300 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.

At LM Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. At LM Canada, our values are to foster a high-performing, equitable and inclusive culture where the best talent of all backgrounds can bring their whole selves to work and succeed.

If you don’t meet every listed requirement, we still encourage you to apply. We welcome diverse backgrounds and perspectives that can strengthen our team.

Our core values guide all our decision-making and come to life through our benefits and employee programs. We offer:

  • A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.
  • Competitive health & dental benefits plan
  • Market-leading pension plan
  • Competitive time off policy
  • External education & tuition reimbursement programs
  • Employee & Family Assistance Programs
  • An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion.

The Opportunity

Join a growing, high-impact Risk Control Services team where your expertise will directly influence how we assess, manage, and mitigate risks across complex energy and renewable energy portfolios.

As a Principal Risk Engineer, Energy & Renewables , you'll play a critical role as a trusted advisor to both internal stakeholders and external partners — bringing deep technical insight, practical solutions, and strategic thinking to the forefront of our underwriting and risk management decisions.

You will champion Liberty's values and commitment to inclusion, helping foster a collaborative, high-performing, and market-leading culture.

What you’ll do

  • Lead risk engineering strategy across energy and renewable energy portfolios, championing best-in-class standards and practices.
  • Manage a portfolio of complex energy accounts, including renewable energy, conventional power generation, battery energy storage systems (BESS), transmission and distribution infrastructure, and associated energy operations.
  • Direct risk assessments and loss control services across first- and third-party lines, helping shape underwriting strategy and client outcomes.
  • Serve as a technical expert, providing clear, actionable recommendations to underwriting, claims, brokers, clients, owners, operators, contractors, and developers.
  • Develop and share thought leadership through guidelines, white papers, training materials, and technical presentations that elevate risk engineering practices across the business.
  • Build strong, collaborative relationships with Underwriting, Claims, brokers, clients, and global Risk Engineering partners.
  • Represent the organization in client meetings, broker engagements, project development discussions, and industry events as a credible and influential voice.
  • Mentor and support the development of colleagues, underwriters, and peers, helping strengthen technical capability across the team.

Functional Responsibilities

In this senior role, you'll go beyond technical delivery — you'll help drive profitable growth. Partnering closely with Underwriters, you'll contribute to business development efforts, support client retention, and influence key decisions that shape our portfolio.

Risk Assessment & Technical Advisory

  • Conduct pre- and post-bind surveys, desktop analyses, engineering reviews, and onsite assessments of energy and renewable energy operations.
  • Evaluate operational risks associated with wind farms, solar facilities, hydroelectric stations, gas‑fired generation, battery storage systems, substations, transmission infrastructure, and emerging energy technologies.
  • Assess critical exposures including fire and explosion hazards, electrical failures, machinery breakdown, natural catastrophe exposures, supply chain disruptions, cyber-physical risks, and business interruption drivers.
  • Review engineering controls, operational reliability programs, maintenance practices, emergency response capabilities, and safety management systems.
  • Provide timely, expert guidance to Underwriting on risk quality, probable maximum loss (PML), business interruption exposures, and pricing/terms.

Loss Prevention & Mitigation

  • Develop and implement site‑specific mitigation strategies focused on asset reliability, fire protection, machinery integrity, operational resilience, and catastrophe preparedness.
  • Evaluate and recommend risk improvement initiatives related to battery storage systems, electrical protection systems, fire suppression systems, condition monitoring technologies, and emergency response planning.
  • Track recommendations and ensure accurate, up-to‑date risk engineering data.
  • Support claims through technical reviews, site visits, root cause analysis, and post‑loss assessments to drive continuous improvement.

Client & Broker Engagement

  • Build and maintain trusted relationships with clients, brokers, owners, operators, developers, engineering consultants, and project stakeholders.
  • Participate in client meetings, project planning discussions, and strategic risk reviews to support growth and retention.
  • Deliver clear, high-impact reports, stewardship materials, and service plans to demonstrate value.
  • Act as a strategic advisor on operational risk management, asset protection, and energy sector best practices.

Portfolio Insights & Continuous Improvement

  • Analyze portfolio trends, loss drivers, emerging technologies, and service utilization to prioritize efforts and improve results.
  • Identify and implement enhancements to tools, processes, and service delivery models.
  • Support innovation through adoption of advanced technologies, remote monitoring systems, predictive analytics, condition monitoring, and resilience‑based risk management approaches.
  • Monitor and communicate emerging risks impacting the energy transition and renewable energy sectors.

Thought Leadership & Collaboration

  • Contribute to industry presence through speaking engagements, technical content, conference participation, and networking.
  • Design and deliver training, tools, and resources for clients and internal teams.
  • Collaborate with underwriting and leadership to advance risk engineering and business strategy.
  • Support development of underwriting guidelines and risk engineering standards for new and emerging energy technologies.

Additional Expectations

  • Respond to complex operational incidents and loss events, providing timely technical guidance and coordinating recovery efforts.
  • Take ownership of special projects aligned to business priorities.
  • Travel within Canada and the U.S. (~25–50%, typically ~30%).

Skills & Qualifications

  • Extensive industry experience – 15+ years in energy, power generation, renewable energy, engineering consulting, risk engineering, property risk engineering, utility operations, or loss control/prevention environments.
  • Strong technical foundation – Bachelor's degree in engineering (electrical, mechanical, chemical, civil, energy systems, or related discipline), mathematics, or a related field (or equivalent experience); advanced degrees or specialized training are an asset.
  • Professional credentials – P.Eng. designation preferred; additional certifications such as CPCU, CRM, ARM, CRE, CSP, CFPS, CIP, PMP, CMRP, or equivalent industry credentials are highly valued.
  • Deep industry expertise – Strong knowledge of renewable energy technologies, power generation systems, battery energy storage systems, electrical infrastructure, fire protection engineering, equipment reliability, and loss prevention strategies.
  • Broad insurance knowledge – Experience across Property, Energy, Renewable Energy, Machinery Breakdown, Construction, Casualty, Environmental, and Business Interruption lines is strongly preferred.
  • Analytical & strategic mindset – Proven ability to assess complex risks, think critically, and deliver practical, value‑added solutions.
  • Communication & influence – Exceptional ability to present technical concepts clearly and effectively to diverse stakeholders, supported by strong written and verbal communication skills.
  • Relationship management – Demonstrated success building trusted partnerships with internal teams, clients, brokers, owners, operators, developers, and consultants.
  • Leadership & consulting capability – Skilled in leadership, planning, client service, training, and technical advisory roles.
  • Technical proficiency – Advanced capability with standard business tools and software, including Microsoft Office and risk/engineering systems.
  • Results-driven & adaptable – Highly organized, detail-oriented, and able to thrive in a fast‑paced, evolving environment.
  • Bilingual capability – Professional fluency in English and French is an asset.

Liberty Mutual Canada is committed to pay transparency and fair, equitable hiring. For roles based in Ontario, and British Columbia, we publish a Target Hiring Range in compliance with the Ontario Pay Transparency Act and the BC Pay Transparency Act.

This posting is for an active, current vacancy.

Target Hiring Range: CAD $155,000 – $195,000

This range represents the expected annual base salary for this role, however, offers above the published maximum may be approved with appropriate business authorization. Final offers will be determined based on each candidate's qualifications, relevant experience, internal equity, and the needs of the role. The posted range does not include variable compensation (bonus), allowances, or benefits. We encourage all qualified candidates to apply.

We do not use AI‑based screening tools in our hiring process. Candidates who complete an interview and remain under consideration may request, and will receive, feedback within 45 days.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.

.

#J-18808-Ljbffr
Vacancy posted 2 days ago
Similar jobs that could be interesting for youBased on the Principal Risk Engineer, Energy & Renewables in Toronto, ON vacancy
  •  ...Liberty Mutual Canada is seeking a Principal Risk Engineer for Energy & Renewables to lead risk engineering strategy across energy portfolios and mentor team members. You will advise underwriting and clients, develop guidelines, and build strong stakeholder relationships across... 
    Suggested

    Liberty Mutual Canada

    Toronto, ON
    1 day ago
  •  ...JOB DESCRIPTION : POSITION: Energy Engineer – Lighting Systems & Renewable Technologies REPORTS TO: Director, Building Performance Engineering...  ...improvement strategies, utility bill management, climate risk mitigation strategies, consumption efficiencies & conservation... 
    Suggested
    Full time
    For subcontractor
    Work at office
    3 days per week

    Black Stone Energy Company, L.l.c.

    Toronto, ON
    more than 2 months ago
  •  ...Counsel to lead negotiations and review of commercial contracts, M&A agreements, project finance documents, and related energy transactions for grid-scale renewable projects across North America. You will provide strategic legal input on regulatory matters, manage internal and... 
    Suggested

    EDF power solutions North America

    Toronto, ON
    4 days ago
  •  ...and shared success. The Role As a Principal, Sustainable Energies & Infrastructure Credit (“SEIC”), you...  ...in assets, RAC seeks attractive risk‑adjusted returns through proactive origination...  ...team invests across infrastructure, renewable energy, and conventional energy end... 
    Suggested
    Long term contract
    Internship
    Worldwide

    CPP Investments | Investissements RPC

    Toronto, ON
    19 hours ago
  • Elevate your career with CPP Investments as a Principal in Sustainable Energies & Infrastructure Credit in Toronto. This leadership role focuses on managing...  ...relationships with market participants • Assess credit risk and determine investment structures • Develop detailed financial... 
    Suggested
    Long term contract

    CPPIB Credit Investments Inc.

    Toronto, ON
    2 days ago
  • $60k - $75k per year

     ...About Metergy Solutions Inc. (“Metergy”)     Metergy has the energy, rapid growth and excitement of a startup, together with a rock-...  .... Collaborate with internal SMEs in metering, operations and engineering to resolve data and billing issues. Participate in client-facing... 
    Long term contract
    Full time
    Work at office
    Remote work

    Metergy Solutions

    Toronto, ON
    6 days ago
  • $27 per hour

     ...Resource Innovations  is seeking an Energy Engineering Intern to join our growing team in Toronto, ON. We are seeking a highly skilled and motivated Energy Engineering Intern with a strong background in engineering analysis to join our dynamic team. As an Energy Engineering... 
    Permanent employment
    Full time
    Internship
    Work at office
    Local area

    Resource Innovations

    Toronto, ON
    5 days ago
  • $180k - $205k per year

     ...Stock Exchange (symbol: KGC).   Job Summary   The Principal Rock Mechanics Engineer serves as the Company's senior technical specialist and subject...  ...matter expert for underground rock mechanics, geotechnical risk management, ground control, and excavation stability. The... 
    Long term contract
    Temporary work
    Casual work
    Internship
    Immediate start

    Kinross Gold Corporation

    Toronto, ON
    9 hours ago
  • $115k - $135k per year

     ...Project Engineer (Battery Energy Storage) End-to-End Battery Storage Solutions Peak Power is a North...  ...and compliance. Identify technical risks, design gaps, and interface...  ...experience in electrical power systems, renewable energy, battery energy storage, distributed... 
    For contractors
    For subcontractor
    Internship
    Flexible hours
    Night shift
    Weekend work

    Peak-Power-Inc.

    Toronto, ON
    1 day ago
  •  ...exciting new phase of growth and are looking for an exceptional engineering leader to help build the technology that will define Blair’s future...  ...don’t interest you. You’re uncomfortable taking calculated risks. You prefer highly structured environments over the pace and... 
    Long term contract
    Internship
    Flexible hours

    Blair Health Inc.

    Toronto, ON
    2 days ago
  •  ...are seeking a highly experienced and technically proficient Principal, Cybersecurity Engineering, to lead complex engineering efforts and guide security...  ...mentorship, and playing a critical role in driving cybersecurity risk mitigation at scale. The Principal is a highly technical,... 
    Long term contract
    Flexible hours

    Intact Financial Corporation

    Toronto, ON
    2 days ago
  • $175k - $210k per year

     ...Description General Information: Job Title: Principal Engineer - Zynque Location: Toronto (Onsite/ Hybrid) Job Type: Full-Time...  ...proprietary platforms that accelerate time-to-value and reduce delivery risk.  If you enjoy working in complex environments, partnering... 
    Long term contract
    Full time
    Internship
    Live In
    Work at office
    Immediate start
    Remote work
    Flexible hours

    Fulfillment IQ

    Toronto, ON
    more than 2 months ago
  •  ...About Metergy Solutions Inc. (“Metergy”)     Metergy has the energy, rapid growth and excitement of a startup, together with a rock-solid, recession-proof business that has a 45 year track record. We’re a technology company that drives huge carbon emission reductions. This... 
    Long term contract
    Permanent employment
    Work at office
    Remote work

    metergysolutions

    Toronto, ON
    9 days ago
  • $125k - $171.9k per year

     ...Ontario is expanding and we are now looking for an experienced Principal Geotechnical Engineer to join our team. This position is located in Etobicoke and...  ...sectors such as transportation, tunnel, rail & transit, energy, cities and developments as well as industrial.... 
    Full time
    Internship
    Flexible hours

    AtkinsRéalis

    Toronto, ON
    14 days ago
  •  ...the Fortune 100, trust the Netskope One platform, its Zero Trust Engine, and the powerful NewEdge network to gain full visibility and...  ...products with speed and quality. We are looking for an experienced Principal Software Engineer to own and drive our CI/CD strategy, with a... 

    Netskope

    Toronto, ON
    17 hours ago
  •  ...: Our Purpose: Value Orchestration Engineering (VOE) Department Overview Teragonia's...  ...Summary We are looking for an experienced Principal to join our team. As a Principal, you...  ...scopes of work and management engagement risk People and Team Leadership Lead and... 
    Long term contract
    Full time
    Temporary work
    Internship
    Work at office
    Remote work
    Visa sponsorship
    Relocation package
    Flexible hours

    Teragonia

    Toronto, ON
    27 days ago
  • $157k - $229.9k per year

     ...Position Overview GET Engineering is seeking an experienced Senior Principal Engineer – AI and Engineering Excellence to lead the technical strategy and evolution of our cloud platform, developer experience, application delivery, and AI-enabled engineering capabilities within... 

    Autodesk

    Toronto, ON
    19 hours ago
  •  ...currently employs ~600 team members globally. At this scale, engineering is not simply a function supporting the business. The quality...  ...delivered. Instead, there is an opportunity to add a small number of principal-level engineers capable of elevating the practice of software... 
    Long term contract

    HRB

    Toronto, ON
    1 day ago
  • $162k - $199k per year

     ...At Mott MacDonald, we are driven by purpose and powered by brilliant people. As a trusted engineering, management, and development consultancy, we work with clients to solve complex challenges and deliver sustainable outcomes that make a meaningful difference for the communities... 
    Work at office
    3 days per week

    Mott MacDonald Group

    Toronto, ON
    2 days ago
  • $205k - $250k per year

     ...(BHSI) is seeking a highly skilled and experienced Technology professional to join its Enterprise Solutions (ES) team as a Principal Software Engineer based in Toronto. This role offers a unique opportunity to shape the strategic evolution of enterprise technology by leading... 
    Long term contract
    Temporary work
    Flexible hours

    Berkshire Hathaway Specialty Insurance Company

    Toronto, ON
    19 hours ago
  • $85.5k - $185k per year

     ...Address: 33 Dundas Street West Job Family Group: Technology We are seeking an enthusiastic, passionate professional for a Principal Cloud Engineer position with 8+ years of experience in multiple large scale Azure enterprise environments. We are looking for technology leaders... 
    Contract work
    Part time

    BMO

    Toronto, ON
    3 days ago
  •  ...work of your career. About the Organization Payments and Risk Sub-orgs within Payments and Risk: Link and OCS, Payments Acceptance...  ...satisfaction and drive merchant conversion rates. The Risk Engineering team develops products that minimize financial and regulatory risks... 
    Internship

    Stripe

    Toronto, ON
    2 days ago
  • $180k - $230k per year

     ...Principal Geomechanics Engineer ITASCA North America | Canada-based About the role ITASCA North America is seeking a Principal...  ...will help clients make decisions that affect safety, risk, mine performance, and long-term project value. You will... 
    Long term contract
    Full time
    Temporary work
    Remote work

    ITASCA North America

    Toronto, ON
    14 days ago
  • $148.2k - $169.1k per year

    161 Bay Street (93021), Canada, Toronto,Toronto, Ontario, Principal Associate, Software Engineering About Capital One Canada. For 30 years, we've been on a mission to change banking for good. We challenge the traditional bank stereotype by integrating machine learning, conversational... 
    Work at office
    Local area
    Work from home

    Capital One

    Toronto, ON
    2 days ago
  • Drive innovation at Astera Labs as a Principal Engineer focusing on embedded firmware and software. This full-time remote role shapes advanced connectivity solutions for AI infrastructure. Astera Labs is seeking a Principal Engineer for their Signal Connectivity Engineering... 
    Full time
    Remote work

    Astera Labs

    Toronto, ON
    19 hours ago
  • Lead technical innovation as a Principal Engineer at Intact, focused on InsurTech Finance Core Systems. Utilize your expertise in architecture, cloud platforms, and AI to solve complex engineering challenges. In this senior individual contributor role, you will provide hands... 

    Intact FC

    Toronto, ON
    1 day ago
  • $184.5k - $205k per year

     ...portfolio, enabling customers to deploy tailored architectures to meet their unique infrastructure requirements. Discover more at Principal Engineer – Embedded Firmware & Software Location: Toronto or Ottawa, Ontario (Remote) Travel: Occasional travel to Astera Labs’ San... 
    Full time
    Remote work
    Flexible hours

    Astera Labs

    Toronto, ON
    1 day ago
  • $148.2k - $169.1k per year

    ## Principal Associate, AI EngineerApply: Toronto, ON: Full time: Posted Today: R1003538161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,Principal Associate, AI Engineer**About Capital One Canada**For 30 years, we've been on a mission to change banking for good. We challenge... 
    Long term contract
    Full time
    Work at office
    Work from home

    Capital One Group

    Toronto, ON
    2 days ago
  •  ...Director – Financial Modeling, Infrastructure, Renewables and Energy Transition (Toronto/Montreal, Canada) About Leo Berwick Leo Berwick is...  ...clients throughout the deal life cycle to maximize value, minimize risk, and achieve superior outcomes through tailored, high-impact... 
    Internship
    Local area
    Remote work
    Flexible hours

    Leo Berwick, LP

    Toronto, ON
    4 days ago
  •  ...Autodesk is seeking a Principal Software Developer to join the Platform Services Data Models Team in a hybrid role based in Montreal or...  ...teams, own end-to-end cloud data platform components, and drive engineering practices across initiatives critical to product experiences.... 

    Autodesk, Inc.

    Toronto, ON
    3 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Principal Risk Engineer, Energy & Renewables. Be the first to apply!