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Claims Risk Manager Jobs in Oconomowoc, WI (NOW HIRING)

Corvel

Claims Supervisor

Waukesha, WI · On-site

$73K - $113K/yr

Assists Claims Manager with recruitment, interviewing, and onboarding new staff, ensuring ... CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for ...

Corvel

Claims Supervisor

Waukesha, WI · Remote

$73K - $113K/yr

Assists Claims Manager with recruitment, interviewing, and onboarding new staff, ensuring ... CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for ...

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All JobsClaims Risk JobsClaims Risk Manager JobsClaims Risk Manager Jobs in Oconomowoc, WI

Claims Risk Manager information

See Oconomowoc, WI salary details

$35.1K

$88K

$139.2K

How much do claims risk manager jobs pay per year?

As of Aug 27, 2026, the average yearly pay for claims risk manager in Oconomowoc, WI is $88,000.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,100.00 and $105,200.00 per year, depending on experience, location, and employer.

What does a claims risk manager do?

A Claims Risk Manager is responsible for identifying, assessing, and managing risks associated with insurance claims within an organization. They analyze claims data to detect patterns, prevent fraudulent activity, and develop strategies to minimize financial losses. Additionally, they work closely with claims adjusters, legal teams, and other departments to ensure compliance with regulations and to optimize claims processes. Their goal is to protect the company from unnecessary losses while ensuring legitimate claims are handled efficiently.

What are the key skills and qualifications needed to thrive as a claims risk manager?

To thrive as a Claims Risk Manager, you need expertise in insurance claims processes, risk assessment, and regulatory compliance, typically backed by a bachelor’s degree in a relevant field and experience in claims management. Familiarity with claims management systems, risk modeling software, and certifications such as CPCU (Chartered Property Casualty Underwriter) or ARM (Associate in Risk Management) are often required. Strong analytical thinking, attention to detail, and effective communication skills help you investigate claims and collaborate with stakeholders. These skills enable accurate risk evaluation, minimize losses, and ensure the organization’s compliance and financial stability.

How does a claims risk manager typically collaborate with other departments to minimize organizational risk?

A Claims Risk Manager works closely with departments such as underwriting, legal, compliance, and operations to identify potential risk exposures and implement effective mitigation strategies. They often participate in cross-functional meetings to review claims trends, share insights, and develop risk management policies. This collaborative approach ensures that the organization proactively addresses risks, maintains regulatory compliance, and continually improves claims processes for better outcomes.

What is the difference between Claims Risk Manager vs Claims Adjuster?

AspectClaims Risk ManagerClaims Adjuster
CredentialsTypically requires a bachelor’s degree in risk management, insurance, or related field; certifications like CPCU or ARM are commonRequires a high school diploma or bachelor’s degree; insurance licenses may be needed depending on state
Work EnvironmentOffice-based, strategic planning, risk assessment, policy developmentField or office-based, investigating claims, assessing damages, negotiating settlements
Industry UsageUsed across insurance companies, risk management firms, and large corporationsPrimarily in insurance companies, adjusting claims for auto, property, or health insurance

The Claims Risk Manager focuses on identifying and mitigating risks related to claims, developing policies, and overseeing risk strategies. In contrast, a Claims Adjuster handles the day-to-day investigation and settlement of individual claims. Both roles are essential in the insurance industry but differ in scope and responsibilities.

How much do claims risk managers make in the US?

Claims risk managers in the US typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those in senior roles earning over $120,000. Salaries vary based on location, industry, experience, and certifications such as CPCU or ARM.

Is Claims Risk Manager a good career?

A Claims Risk Manager oversees the assessment and mitigation of insurance claim risks, often requiring strong analytical skills and knowledge of insurance policies. The role offers opportunities for advancement and typically involves working in insurance, risk management, or corporate environments. It can be a stable and rewarding career for those interested in risk analysis and insurance processes.

What cities near Oconomowoc, WI are hiring for Claims Risk Manager jobs?

Cities near Oconomowoc, WI with the most Claims Risk Manager job openings:

Claims Risk Manager jobs near you
Infographic showing various Claims Risk Manager job openings in Oconomowoc, WI as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $88,000 per year, or $42.3 per hour.

Risk Manager - Construction

Milwaukee, WI • On-site

Turner & Townsend
Construction • 10K+ employees
Learn more about Turner & Townsendexternal

Full-time

Re-posted 15 days ago

Job description

Company Description
From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational projects covering the full spectrum of consultancy, project delivery and post-project operations.
With offices located globally, you're never far away from our services. With over 22,000 specialists in more than 60 countries, we blend local knowledge with global insight to tackle challenges of any scale.
Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.
Turner & Townsend is seeking a risk analyst with a background in life sciences facilities projects to join our team to support project management function on a large-scale project. The ideal individual will have a proven track record of successfully delivering construction project control services.
Job Description
Turner & Townsend is looking for a Risk Manager to join our growing team. The ideal individual will be an experienced risk professional that has supported large scale construction projects.
Responsibilities:
  • Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
  • Use risk data to inform investment planning.
  • Monitor overall risk exposure and assess the remaining risk budget.
  • Work with contractors to assess contractors held risks and their views on client held risks that impact upon them.
  • Produce risk reports as required, in a timely manner, to support the effective communication of threat and opportunity status.
  • Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
  • Initiate a proactive approach to the review, development and improvement of risk management services for the client.
  • Undertake end-to-end project risk management practices on multiple projects/programs.
  • Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies, and frameworks.
  • Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
  • Lead and run a comprehensive schedule and cost-effective risk assessment (QCRA & QSRA) process is delivered.
  • Establish integration of the risk management function within the program and project controls team, with direct touch points to cost and schedule management, change control, and reporting.
  • Work proactively and collaboratively with program and project control teams to eliminate redundancies and identify improvement opportunities.
  • Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team, and to the client. The transfer of knowledge may include informal one-on-one discussions with client stakeholders and more formal presentations to clients and colleagues.
  • Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
  • Collaborate on the supplier performance management program including the collection of performance metrics and tracking supplier improvement action plans.
  • Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
  • Lead, manage, and carry out construction stage contract and claims management.
  • Carry out assessment of contractual claims in accordance with the contract.
  • Provide strategic and contractual advice on disputes and related resolution issues.
  • Evaluate delay recovery measures.
  • Carry out change management and construction stage cost control.
  • Supervise the measurement and valuation of completed works and variations.
  • Manage the settlement of final accounts with contractors
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Qualifications
  • Bachelor's degree in construction management, cost management, quantity surveying, engineering or field related to construction.
  • Minimum 5-7 years of applicable experience
  • Relevant construction project procurement and contract management experience.
  • Demonstrated experience within a Program Management or Program Controls environment
  • Deep knowledge and experience with risk identification, facilitation and techniques.
  • Strong communication, analytical and negotiation skills.
  • In-depth understanding of construction contracts, commercial models, and delivery methods.
  • Proficient in process mapping, root causes analysis, problem solving, and value-stream mapping.
  • Familiarity with web-based database tools - ARM, Predict, Tableau
  • Highly self-motivated, analytical, and customer centric.
  • Excellent communication skills.

Additional Information
*On site presence could changer per client's needs.
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at www.turnerandtownsend.com/
Turner & Townsend does not accept any speculative or unsolicited CV's that have been sent to our internal recruitment team or hiring managers from agencies outside of our preferred supplier list or that have not followed due process. Any speculative or unsolicited CV's will be treated as a direct application.
All your information will be kept confidential according to EEO guidelines.
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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.

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