Insurance Underwriter Jobs in Calgary, AB
Insurance Underwriter Salary in Calgary
Salaries adjusted for Calgary's cost of living index (110% of national average).
Required Skills
Work Remotely as a Insurance Underwriter
Prefer working from home? Explore remote Insurance Underwriter opportunities with flexible schedules and competitive salaries.
View Remote Insurance Underwriter Jobs →Jobs Requiring Similar Skills
Insurance Underwriter Job Market in Calgary
Calgary offers a competitive job market for Insurance Underwriter professionals. As a major hub for Energy and Technology, the city has strong demand for finance & accounting talent. The market for Insurance Underwriter positions remains stable, with opportunities in both established companies and emerging businesses. Calgary's population of 1.3 million supports a diverse job market with opportunities ranging from startups to enterprise organizations.
Top Companies Hiring Insurance Underwriters in Calgary
Major employers hiring Insurance Underwriters in Calgary include ATB Financial, Servus Credit Union, Canadian Western Bank. The strong financial services presence in Calgary creates consistent demand for experienced Insurance Underwriter professionals.
Insurance Underwriter Salary in Calgary vs Other Cities
Insurance Underwriter salaries in Calgary typically range from $60,500 to $104,500 annually. This is approximately 12% lower than Toronto, but the lower cost of living often results in similar take-home purchasing power.
Cost of Living for Insurance Underwriters in Calgary
Living in Calgary as a Insurance Underwriter means navigating a cost of living that's slightly above the national average. Average rent for a 1-bedroom apartment is approximately $1,600/month. With Insurance Underwriter salaries starting around $55,000, Calgary offers good value for Insurance Underwriter professionals.
Commuting as a Insurance Underwriter in Calgary
Calgary cTrain light rail with growing bus network. Key transit tips: CTrain is free in downtown zone. Consider living near a CTrain station.
Calgary offers various neighborhoods suitable for Insurance Underwriter professionals, with options ranging from urban cores to suburban areas with good transit access.
Frequently Asked Questions About Insurance Underwriter Jobs in Calgary
What is the average Insurance Underwriter salary in Calgary?
Insurance Underwriter salaries in Calgary typically range from $60,500 to $104,500 annually, depending on experience and company size. Calgary's moderate cost of living means these salaries offer good purchasing power.
Is Calgary a good city for Insurance Underwriters?
Calgary is a major hub for Insurance Underwriter professionals. Energy and Technology are the dominant industries, creating consistent demand. The city's population of 1336K supports a diverse job market with both established companies and emerging businesses.
What's the cost of living like for Insurance Underwriters in Calgary?
Calgary's cost of living index is 110 (national average = 100). Costs are slightly above average but manageable with professional salaries.
What skills are essential for Insurance Underwriter roles?
Key skills for Insurance Underwriter positions include Risk Assessment, Policy Analysis, Underwriting Guidelines, as well as Data Analysis and Communication. Employers particularly value candidates who can demonstrate practical experience with these competencies through projects, certifications, or previous work experience.
What certifications are most valuable for finance careers in Canada?
The CPA (Chartered Professional Accountant) is essential for accounting roles. The CFA (Chartered Financial Analyst) is highly valued for investment positions. CFP (Certified Financial Planner) is important for wealth management. For risk and compliance, the FRM (Financial Risk Manager) is increasingly sought after. These designations can significantly boost earning potential.
How is the finance industry in Canada different from the US?
Canada's Big Five banks (RBC, TD, BMO, Scotiabank, CIBC) dominate the financial sector, creating more stability but fewer employers than the fragmented US market. Bay Street in Toronto is Canada's financial hub. Canadian finance roles tend to have better work-life balance than Wall Street, though compensation is somewhat lower.
What are the main financial hubs in Canada for finance jobs?
Toronto is Canada's undisputed financial capital, home to all major bank headquarters and the TSX. Montreal has a growing fintech scene and insurance presence. Calgary serves the energy finance sector. Vancouver has emerging wealth management and fintech opportunities. Ottawa handles government finance and regulatory bodies.
Is bilingualism important for finance jobs in Canada?
Bilingualism (English/French) is a significant advantage, especially for roles at federal institutions, Quebec-based companies, or national banks serving francophone clients. While not required for most Toronto-based positions, bilingual candidates often have access to more opportunities and can command salary premiums of 10-15%.
All Finance & Accounting Jobs in Calgary
Explore 14 more finance & accounting resources.
Career Resources
Related Jobs in Calgary
Popular Jobs in Calgary
Insurance Underwriter in Other Cities
Explore More Opportunities
By Experience Level
By Salary Range
Related Fields
Get Hired Faster
Create an AI-optimized resume tailored for Insurance Underwriter jobs in Calgary.
Get Started Free