Principal Risk Engineer, Energy & Renewables

Liberty Mutual Canada•Toronto, ON

2d•CA$155,000 - CA$195,000•Hybrid

About The Position

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.

Requirements

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.

Nice To Haves

Bilingual capability – Professional fluency in English and French is an asset.

Responsibilities

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.
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.
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.
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.
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.
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.
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.