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Associate Global Risk Management Jobs in Summit, NJ

Airwallex

VP, Global Risk

New York, NY · On-site

$300K - $400K/yr

Develop and lead Airwallex's global risk management function and framework, spanning risk monitoring, detection, policy development, governance, escalation, and assurance activities across the Group ...

American Express

Manager - Risk Management

Manhattan, NY · On-site

$89K - $150K/yr

The Credit Risk Oversight organization within Global Risk and Compliance (GRC) is responsible for independently overseeing and challenging the company's credit risk taking and credit risk management ...

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Associate Global Risk Management information

What is an Associate Global Risk Management?

An Associate Global Risk Management professional is responsible for identifying, assessing, and mitigating financial, operational, and strategic risks that organizations may face on a global scale. They assist in developing risk management policies, conduct analyses, and help ensure compliance with international regulations. This role often involves collaborating with different departments to implement effective risk controls and reporting on risk exposure to senior management.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and strong strategic leadership skills.

What does a global Risk Manager do?

A global Risk Manager identifies, assesses, and mitigates risks that could impact an organization across multiple regions. They develop risk management strategies, monitor global compliance, and use tools like risk assessment software to minimize financial, operational, and strategic threats. Strong analytical skills and knowledge of international regulations are essential for this role.

Is risk analyst a high paying job?

Risk analyst positions are generally considered to offer competitive salaries, especially with experience and relevant certifications such as FRM or CRM. Salaries can vary based on industry, location, and level of responsibility, but they tend to be above average compared to many entry-level roles in finance and risk management.

What are the key skills and qualifications needed to thrive as an Associate Global Risk Management, and why are they important?

To thrive as an Associate Global Risk Management professional, you need a solid understanding of risk assessment, analytical thinking, and a relevant degree in finance, business, or a related field. Familiarity with risk management software (such as SAS or SAP GRC), data analysis tools, and certifications like FRM or CFA are highly beneficial. Strong communication, attention to detail, and problem-solving skills help you collaborate effectively and make sound recommendations. These capabilities are crucial for identifying, evaluating, and mitigating global risks that could impact organizational objectives.

What is a risk management associate job description?

A risk management associate is responsible for identifying, analyzing, and mitigating potential risks that could affect an organization’s assets, operations, or reputation. They often use risk assessment tools, data analysis, and industry standards to develop strategies and ensure compliance with regulations. Strong analytical skills, attention to detail, and knowledge of risk management frameworks are essential for this role.

How does an Associate Global Risk Management professional typically collaborate with other departments to mitigate risks?

As an Associate in Global Risk Management, you will frequently work cross-functionally with teams such as Compliance, Legal, Operations, and Finance to identify and assess potential risks. Collaboration often involves participating in risk assessment meetings, sharing insights on emerging threats, and helping to develop strategies that align with global regulatory standards. Effective communication and teamwork are essential, as you'll help ensure all departments are aware of risk mitigation policies and that best practices are consistently applied across the organization.

What is the difference between Associate Global Risk Management vs Risk Analyst?

AspectAssociate Global Risk ManagementRisk Analyst
Required CredentialsBachelor's degree, certifications like FRM or CRM often preferredBachelor's degree, certifications like FRM or CRM often preferred
Work EnvironmentCorporate risk departments, financial institutions, multinational companiesFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in global corporations managing enterprise risksCommon in finance, insurance, and consulting sectors

The main difference is that Associate Global Risk Management roles focus on supporting global risk strategies within large organizations, often involving international considerations. Risk Analysts typically analyze specific risks, such as market or credit risks, providing data-driven insights. Both roles require similar credentials and are found in comparable industries, but their focus areas and responsibilities differ slightly.

What job categories do people searching Associate Global Risk Management jobs in Summit, NJ look for? The top searched job categories for Associate Global Risk Management jobs in Summit, NJ are:
What cities near Summit, NJ are hiring for Associate Global Risk Management jobs? Cities near Summit, NJ with the most Associate Global Risk Management job openings:
Associate Global Risk Management jobs near you
Senior Director, Global Risk and Claims Management

Senior Director, Global Risk and Claims Management

Avis Budget Group

Parsippany, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 25 days ago

Key responsibilities

  • Lead the design and execution of the company's global risk management strategy and oversee all global insurance placements.

  • Oversee end-to-end corporate auto liability claims management, including investigation, liability assessment, reserving, and settlement strategies.

  • Develop and utilize AI tools to analyze claims and risk trends, delivering regular executive reporting on claims performance, insurance costs, and risk exposure.

Avis Budget Group rating

6.3

Company rating: 6.3 out of 10

Based on 180 frontline employees who took The Breakroom Quiz

120th of 144 rated vehicle equipment hire

Job description

Driven to be the Best
People. Performance. Purpose.
At Avis Budget Group, we're driven to be the best vehicle rental company in the world, together. Our 25,000 employees raise the bar every day, bringing different perspectives, taking ownership, and leading with integrity. We're defining the future of mobility with safe, sustainable solutions that move people, businesses, and communities forward.
The Senior Director, Global Risk & Claims Management is a strategic leadership role responsible for overseeing the company's global risk management, insurance programs, and corporate auto liability claims function. Reporting to the SVP of Corporate Finance, this role will lead a comprehensive risk and claims organization, ensuring effective risk transfer, claims management, cost control, and regulatory compliance across the enterprise.
This leader will manage global insurance strategy, actuarial reserving, captive programs, and corporate claims operations, while driving data-driven insights, operational excellence, and cross-functional collaboration.
What You'll Do:
Enterprise Risk & Insurance Strategy
  • Lead the design and execution of the company's global risk management strategy
  • Oversee all global insurance placements, including property & casualty, cyber, environmental, and executive risk lines
  • Manage relationships with brokers, insurers, and external partners
  • Assess and quantify risk related to new business initiatives and strategic investments
  • Review contracts to ensure alignment with company risk tolerance and exposure guidelines

Actuarial, Financial & Captive Oversight
  • Oversee global actuarial reserving across auto liability, general liability, workers' compensation, and related programs
  • Manage budgeting, forecasting, and allocation of insurance costs
  • Oversee the performance and profitability of offshore captive insurance entities
  • Provide executive reporting and insights on risk exposure, claims trends, and cost drivers
  • Work with Revenue Management Team to create, price, and monitor insurance and damage waiver products globally

Claims Leadership (Auto Liability & Workers' Compensation)
  • Oversee end-to-end corporate auto liability claims management, from incident reporting through resolution
  • Ensure proper investigation, liability assessment, reserving, and settlement strategies for all claims
  • Lead oversight of Third Party Administrators (TPAs), including reserve approvals and settlement authority
  • Partner with legal counsel on litigated claims and defense strategies
  • Oversee workers' compensation claims in partnership with safety and operations teams
  • Drive continuous improvement in claims handling, cost containment, and cycle times

Governance, Compliance & Operations
  • Ensure compliance with all applicable global, federal, and state regulations related to insurance and claims
  • Oversee ancillary insurance programs, licensing, and regulatory requirements
  • Partner with internal and external auditors to support audit and SOX compliance
  • Maintain strong internal controls and documentation standards across all programs

Data, Reporting & Leadership
  • Develop and utilize AI tools to assist in the analytics of claims and risk trends to identify opportunities for cost reduction and risk mitigation
  • Deliver regular executive reporting on claims performance, insurance costs, and risk exposure
  • Build and lead a high-performing team across risk management and claims functions
  • Establish best practices, KPIs, and performance metrics for both functions
  • Provide guidance and training on claims reporting and risk awareness across the organization

Perks You'll Get:
  • Access to Medical, Dental, Vision, Life and Disability insurance
  • Eligible to elect other voluntary benefits including: Group Auto Insurance, Group Home Insurance, Pet Insurance, Legal Assistance, Identity Theft Protection, FSA, Accident Insurance, Critical Illness Insurance, and additional life insurance coverages
  • 401(k) Retirement Plan with company matched contributions
  • Full training to learn the business and enhance professional skills
  • Employee discounts, including discounted prices on the purchase of Avis/Budget cars
  • Access to an Employee Assistance Program for services including counseling, financial and legal consultation, referrals for care service and more

What We're Looking For:
  • Bachelor's degree in Risk Management, Finance, Business Administration, or related field
  • 10+ years of experience in corporate risk management, insurance, and/or claims leadership
  • Deep expertise in insurance programs, auto liability claims, and regulatory environments
  • Strong understanding of actuarial concepts, reserving, and captive insurance structures
  • Proven leadership experience managing complex, global functions and teams
  • Strong analytical, financial, and problem-solving skills
  • Excellent negotiation, communication, and stakeholder management abilities
  • Experience working with TPAs, brokers, insurers, and legal counsel
  • ARM, CPCU, or similar professional designation preferred

The annual starting salary for this position is between $170,000 - $225,000 annually. Factors that may affect starting pay within this range include geography/market, skills, education, experience, and other qualifications of the successful candidate.
Who We Are:
Here at Avis Budget Group, you will be joining a team of 25,000 driven people, performing with purpose. Together, we're moving the future of transportation forward with our innovative, customer-focused solutions.
Our culture is performance driven, where we encourage and support each other to be at our best through leadership, training, tools, and rewards.
We are proud to make a positive difference to the lives of our colleagues, customers, and communities where we operate.
Avis Budget Group is an Equal Opportunity Employer - Qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other category protected by applicable law.
Parsippany
New Jersey
United States of America

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