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Certified Risk Manager Jobs in Cromwell, CT (NOW HIRING)

Working knowledge of enterprise risk management frameworks and principles * Familiarity with Governance, Risk, and Compliance (GRC) systems preferred * Professional certifications such as CERP, CRCM ...

Working knowledge of enterprise risk management frameworks and principles * Familiarity with Governance, Risk, and Compliance (GRC) systems preferred * Professional certifications such as CERP, CRCM ...

Risk Control Consultant

Glastonbury, CT · On-site

$72K - $141K/yr

At CNA, we strive to create a culture in which people know they matter and are part of something ... Under general management direction, works within broad limits of authority requiring a high degree ...

New

Risk Management Actuary

Hartford, CT · On-site

$150K - $200K/yr

EDUCATION, EXPERIENCE AND CERTIFICATIONS * Required: A bachelor's degree from an accredited U.S. college/university, with a major or coursework in insurance, risk management, economics, actuarial ...

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Certified Risk Manager information

See Cromwell, CT salary details

$52.2K

$113K

$172.2K

How much do certified risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for certified risk manager in Cromwell, CT is $112,980.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,100.00 and $130,600.00 per year, depending on experience, location, and employer.

How does a Certified Risk Manager typically collaborate with other departments to manage organizational risk?

Certified Risk Managers work closely with teams across finance, operations, compliance, and executive leadership to identify, assess, and mitigate potential risks. They often lead cross-functional risk assessments and facilitate communication between departments to ensure everyone understands the organization's risk appetite and control measures. Collaboration is key, as risk managers translate complex risk data into actionable strategies that align with overall business objectives. Regular meetings and training sessions are common to keep all teams informed and engaged in proactive risk management.

What can I do with a Certified Risk Manager certification?

A Certified Risk Manager (CRM) certification qualifies professionals to work in risk management roles across various industries, including insurance, finance, and corporate sectors. It demonstrates expertise in identifying, assessing, and mitigating risks, often leading to positions such as risk analyst, risk manager, or risk consultant. The certification also enhances skills in risk assessment tools and frameworks, supporting career advancement and increased responsibilities.

What is a Certified Risk Manager?

A Certified Risk Manager (CRM) is a professional who has completed specialized education and training in identifying, analyzing, controlling, financing, and administering risks within an organization. The CRM designation is awarded after successfully completing a series of courses and exams covering key areas of risk management. CRMs typically work in industries such as insurance, finance, and corporate risk management, helping organizations minimize losses and improve their overall risk strategies. This certification demonstrates a high level of expertise and commitment to best practices in risk management.

What are the key skills and qualifications needed to thrive as a Certified Risk Manager, and why are they important?

To thrive as a Certified Risk Manager, you need expertise in risk assessment, regulatory compliance, and enterprise risk management, typically supported by a bachelor's degree and a CRM certification. Familiarity with risk management software, data analysis tools, and industry-specific regulatory systems is essential. Strong analytical thinking, decision-making, and communication skills enable effective collaboration and leadership in identifying and mitigating risks. These competencies are crucial for protecting organizational assets, ensuring compliance, and supporting strategic business objectives.

How do you become a certified risk manager?

To become a certified risk manager, individuals typically need to gain relevant work experience in risk management or related fields, and then earn a professional certification such as the Certified Risk Manager (CRM) or Associate in Risk Management (ARM). These certifications require passing exams that cover risk assessment, control, financing, and governance, often supported by continuing education and adherence to ethical standards.

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

AspectCertified Risk ManagerRisk Analyst
CertificationsCertified Risk Manager (CRM), other risk management certificationsOften holds certifications like FRM or CRM, but not always
Work EnvironmentCorporate risk management departments, consulting firmsFinancial institutions, insurance companies, corporate risk teams
Primary FocusDeveloping risk management strategies, mitigation plansAnalyzing data to identify and assess risks

The main difference is that Certified Risk Managers focus on creating and implementing risk management strategies, while Risk Analysts primarily analyze data to identify potential risks. CRM professionals often hold specialized certifications and work in strategic roles, whereas Risk Analysts focus on data analysis within various industries. Both roles are essential in managing organizational risks but serve different functions within the risk management process.

What cities near Cromwell, CT are hiring for Certified Risk Manager jobs? Cities near Cromwell, CT with the most Certified Risk Manager job openings:

Senior Manager, Corporate Compliance - Risk Adjustment

CVS Health

Hartford, CT • On-site

$75K - $165K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago


CVS Health rating

5.8

Company rating: 5.8 out of 10

Based on 4,332 frontline employees who took The Breakroom Quiz

90th of 112 rated pharmacies


Job description

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselvesaccountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

Position Summary

As a Senior Manager, Medicare Compliance - Risk Adjustment, you are responsible for overseeing and maintaining compliance with CMS regulations related to Medicare Advantage Risk Adjustment, Hierarchical Condition Categories (HCCs), encounter data submission, documentation and coding compliance, and related regulatory requirements. This position serves as a key compliance leader and subject matter expert, partnering with Risk Adjustment Operations, Coding, Provider Education, Clinical Documentation Improvement (CDI), Internal Audit, Legal, and Government Affairs teams to ensure organizational adherence to CMS requirements.

The ideal candidate possesses extensive experience in Medicare Advantage compliance and a deep understanding of CMS Risk Adjustment methodologies, diagnosis coding requirements, medical record documentation standards, RADV audits, and evolving regulatory guidance.

Key Responsibilities

  • Lead the Medicare Advantage Risk Adjustment compliance program.

  • Monitor and interpret CMS regulations, HPMS memoranda, Final Rules, Medicare Managed Care Manual guidance, RADV requirements, and OIG enforcement activities.

  • Assess operational processes for compliance risks related to risk adjustment activities.

  • Develop and implement corrective action plans for identified compliance issues.

  • Conduct compliance risk assessments related to coding, documentation, and encounter data submissions.


Required Qualifications

  • Minimum 7 years of experience in Medicare Advantage, Risk Adjustment, Coding Compliance, Audit, or Regulatory Compliance

  • Minimum 5 years in a leadership role

  • One or more of the following certifications: CPMA (Certified Professional Medical Auditor), CRC (Certified Risk Adjustment Coder), CPC (Certified Professional Coder), CCS (Certified Coding Specialist)

  • Willingness to travel up to 10% (including by plane)


Preferred Qualifications

  • Health Information Management (RHIA/RHIT)

  • Nursing - Strong understanding of clinical documentation and medical record review

  • Certified Risk Adjustment Coder (CRC) with compliance experience

  • Provider coding audit/compliance leadership experience

  • Medicare Advantage compliance leadership experience supporting RADV, HCC validation, and CMS audits


Education

Bachelor's degree in Health Information Management, Healthcare Administration, Nursing, Public Health, Business Administration, Healthcare Compliance, or a related healthcare field required; equivalent years of work experience may substitue.

Pay Range

The typical pay range for this role is:

$75,400.00 - $165,954.00


This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This fulltime position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial wellbeing of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.


Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 08/12/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.


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