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Associate Risk Manager Jobs in Madison, WI (NOW HIRING)

Sub-Zero Group, Inc.

GRC Analyst I

Madison, WI · On-site

Associate's or Bachelor's degree in enterprise risk management, information technology, cybersecurity, business administration, finance, accounting, or related field. * 0-3 years of relevant ...

Santander

Investment Banking Associate

Madison, WI

$175K - $225K/yr

Investment Banking Associate Country: United States of America It Starts Here: Santander is a ... toward risk management. EEO Statement: At Santander, we value and respect differences in our ...

Santander

Global Trade Finance Associate

Madison, WI · On-site

$145K - $175K/yr

Global Trade Finance Associate Country: United States of America It Starts Here: Santander is a ... toward risk management. EEO Statement: At Santander, we value and respect differences in our ...

PNC Bank

Underwriting Associate - Commercial

Portage, WI · On-site +1

$37K/yr

Managing Risk - Assessing and effectively managing all of the risks associated with their business ... Education Associates Certifications No Required Certification(s) Licenses No Required License(s ...

Santander

USA CIB Corporate Access Associate

Madison, WI · On-site

$97K - $150K/yr

USA CIB Corporate Access Associate Country: United States of America It Starts Here: Santander is a ... toward risk management. EEO Statement: At Santander, we value and respect differences in our ...

Wisconsin

People & Building Safety Manager

Madison, WI · On-site

$90K/yr

Valid driver's license that meets UW Risk Management requirements. Preferred Qualifications: * Master of Occupational Safety and Health (MOSH) or an advanced degree * Associate Safety Professional ...

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All JobsAssociate Risk JobsAssociate Risk Manager JobsAssociate Risk Manager Jobs in Madison, WI

Associate Risk Manager information

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How much do associate risk manager jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for associate risk manager in Madison, WI is $25.61, according to ZipRecruiter salary data. Most workers in this role earn between $17.45 and $30.05 per hour, depending on experience, location, and employer.

What does an associate risk manager do?

An Associate Risk Manager is responsible for helping organizations identify, assess, and minimize risks that could impact their operations, finances, or reputation. They work closely with senior risk managers to develop risk management strategies, conduct risk assessments, and implement control measures. Their duties may also include analyzing data, preparing reports, and ensuring compliance with regulatory requirements. This role is often entry-level or early-career, providing foundational experience in risk management practices. Associate Risk Managers play a key role in supporting the overall risk management framework within an organization.

What are the key skills and qualifications needed to thrive as an associate risk manager?

To thrive as an Associate Risk Manager, you need strong analytical abilities, knowledge of risk assessment methodologies, and a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, Microsoft Excel, and relevant certifications such as CRM or FRM are commonly expected. Excellent communication, problem-solving skills, and attention to detail help you collaborate effectively and identify potential risks. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to support informed decision-making and safeguard company assets.

What are some common challenges an associate risk manager faces when collaborating across departments?

Associate Risk Managers often work closely with various departments such as finance, operations, and compliance to identify and mitigate risks. A common challenge is ensuring clear communication and alignment, as different teams may have varying priorities and levels of risk awareness. Successfully navigating these dynamics requires strong interpersonal skills and the ability to translate complex risk concepts into actionable recommendations for non-specialists. Building trust and maintaining open lines of communication are key to fostering effective cross-departmental collaboration.

What is the difference between Associate Risk Manager vs Risk Analyst?

AspectAssociate Risk ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's degree, certifications like CRM or FRM beneficial
Work EnvironmentCollaborates with risk management teams, involved in strategy developmentAnalyzes data, assesses risks, supports risk management decisions
Employer & Industry UsageInsurance, banking, corporate risk departmentsFinancial services, insurance, consulting firms

The Associate Risk Manager and Risk Analyst roles share similar credentials and industry usage, but the Associate Risk Manager typically has more involvement in strategic planning and risk mitigation efforts, whereas the Risk Analyst focuses more on data analysis and risk assessment support.

Do associate risk managers make good money?

Associate risk managers typically earn a salary that varies by industry and location, with median annual wages around $70,000 to $90,000. Entry-level positions may start lower, while experienced professionals with certifications like CRM or FRM can earn higher salaries and bonuses. Compensation also depends on the size of the organization and the complexity of the risk management responsibilities.

Is risk manager a stressful job?

A risk manager role involves identifying and assessing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The level of stress depends on the industry, company size, and workload, but strong analytical skills and risk management tools are essential for success.

What is an associate risk manager?

An associate risk manager is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support senior risk managers by analyzing data, preparing reports, and implementing risk management strategies, typically requiring knowledge of industry standards and risk assessment tools.

What are the most commonly searched types of Risk Manager jobs in Madison, WI?

The most popular types of Risk Manager jobs in Madison, WI are:

What cities near Madison, WI are hiring for Associate Risk Manager jobs?

Cities near Madison, WI with the most Associate Risk Manager job openings:

Associate Risk Manager jobs near you
Infographic showing various Associate Risk Manager job openings in Madison, WI as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $53,266 per year, or $25.6 per hour.

Director of Risk Management

Culver Franchising System, LLC

Prairie Du Sac, WI • On-site

$135K - $150K/yr

Full-time

Re-posted 4 days ago

Culver's rating

6.2

Company rating: 6.2 out of 10

Based on 2,000 frontline employees who took The Breakroom Quiz

5th of 20 rated casual dining restaurants

Job description

Culver Franchising System, LLC is looking for a Director of Risk Management to own and advance risk management strategies and practices for the organization and across the Culver's system. This person is accountable to identify, evaluate and mitigate risk-related matters that may impact the business, our team members and/or our guests of the Culver's brand.
Essential Functions:
  • Procure and manage business insurance coverage for Culver Franchising System (CFS) and family restaurants
    • Conduct research on carriers and market conditions to identify the optimal approach for coverage at the best possible price
    • Conduct negotiations on program structure and policy terms working with carriers and brokers to optimize programs for both CFS and affinity programs appropriate for franchisees (e.g., property & casualty, cyber, trade name restoration)
    • Present insights and recommendations to officers of CFS for final decision
    • Oversee insurance claims process for CFS and family restaurants by providing direction on claims activities, monitoring claims frequency, and overseeing efforts to minimize claims volume
    • Support franchised restaurants by creating and managing preferred insurance vendor partnerships and assisting franchisees in establishing coverage as needed
  • Create and support enterprise risk management program for Culver's system restaurants, CFS and family restaurants
    • Develop policies, programs, and practices and conduct appropriate training to mitigate risk
    • Proactively assess and identify risk through assessments, bringing insights and recommendations to the business to optimize loss control and business continuity efforts
    • Provide expertise during risk/crisis events including, but not limited to, working closely with internal stakeholders
    • Continuous monitoring of risk-related topics in the industry, including compliance and risk trends, bringing knowledge and insights to the business
    • Conduct and lead periodic internal risk audits across the organization and report findings to senior leadership
  • Oversee workplace safety policies and practices across CFS and family restaurants
    • Provide subject matter expertise and direction for escalation issues
    • Oversee workplace safety program, policies, programs, and practices for CFS and conduct appropriate training to mitigate risk
    • Oversee the incident management process
  • Provide outreach to franchisee community
    • Engage in proactive dialogue with Culver's franchisees and franchisee leadership teams on a range of risk-related matters, including insurance, occupational safety and legal compliance
  • Oversee captive insurance program
    • Partner with existing third-party insurance broker to manage workers' compensation captive program
    • Manage and lead the optimization of the program working in conjunction with legal and finance
  • Lead and Develop Team Members - employ successful communication and coaching to enable individual and team success and engagement

Requirements:
  • Bachelor's Degree in Risk Management or related field, Master's degree preferred
  • 10+ years related experience or equivalent combination of education and experience plus 3 years people management experience
  • Certification of Associate in Risk Management (ARM) preferred
  • Able to travel 20% of the time
  • Strong communication, relationship building and influencing skills
  • Possess a valid Driver's license and an acceptable driving record

Additional Info:
To be considered for this opportunity, please make sure to attach your resume to your application.
Starting Pay Range: $135,000-$150,000 annually, commensurate with experience.
Classification: Exempt, full-time position.
This role includes a generous incentive bonus based on business results and individual success.
Culver Franchising System is an Equal Opportunity Employer, and we use E-Verify to confirm the identity and employment eligibility of all new team members.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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About Culver's

Sourced by ZipRecruiter

In 1984, Craig and Lea Culver, along with Craig’s parents George and Ruth, opened the very first Culver's in the family’s beloved hometown of Sauk City, Wisconsin, and began serving ButterBurgers® and Frozen Custard. Craveable as our signature combination is, the Culver family knew right away that although the business is centered around the food, it is really about the people. While folks can vividly recall the first time they bit into a ButterBurger or tasted a scoop of rich, creamy Fresh Frozen Custard, it’s our way of welcoming guests that truly makes Culver’s delicious.

Industry

Food services and drinking places and restaurants

Company size

10,000+ Employees

Headquarters location

Prairie du Sac, WI, US

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