ZipRecruiter

Log In

1

Commercial Risk Manager Jobs in Virginia (NOW HIRING)

Q-Free

Contract Manager

Chesapeake, VA · On-site

$86K - $115K/yr

Strong understanding of contract terms, commercial risk, and compliance principles Education Requirements: Bachelor's degree in Business Administration, Contract Management, Finance, Public ...

Towne Bank

Commercial Lines Marketing Manager

Norfolk, VA · On-site

$120K - $175K/yr

Towne Insurance is seeking a seasoned Commercial Lines Marketing Manager to join our team in ... Your ability to translate complex commercial risk strategies into compelling proposals will be ...

TowneBank

Commercial Lines Marketing Manager

Norfolk, VA · On-site

$120K - $175K/yr

Towne Insurance is seeking a seasoned Commercial Lines Marketing Manager to join our team in ... Your ability to translate complex commercial risk strategies into compelling proposals will be ...

next page

Showing results 1-20

All JobsCommercial Risk JobsCommercial Risk Manager JobsCommercial Risk Manager Jobs in Virginia

Commercial Risk Manager information

How does a Commercial Risk Manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a Commercial Risk Manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

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

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.
What are popular job titles related to Commercial Risk Manager jobs in Virginia? For Commercial Risk Manager jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Commercial Risk Manager jobs in Virginia look for? The top searched job categories for Commercial Risk Manager jobs in Virginia are:
What cities in Virginia are hiring for Commercial Risk Manager jobs? Cities in Virginia with the most Commercial Risk Manager job openings:
Commercial Risk Manager jobs near you

Contract Manager

Q-Free

Chesapeake, VA • On-site

$86K - $115K/yr

Full-time

Posted 6 days ago

Job description

Responsibilities/Authority:

The Contract Manager is responsible for managing, administering, and overseeing contracts that support Q-Free's projects, operations, and services. This role ensures that contracts are executed in compliance with legal, regulatory, and organizational requirements while supporting business objectives, risk management, and operational success.

In addition, the role will be serving as assisting quality manager to the Global Director of Quality & HSE, as well as basic corporate governance matters.

The Contract Manager works closely with internal stakeholders, vendors, customers, and legal or procurement partners to ensure contract terms are clearly defined, understood, and enforced throughout the contract lifecycle. A background in law is beneficial but not required.

Brief summary of the position.

Most important work tasks:

Contract Lifecycle Management

  • Manage the full lifecycle of contracts, including drafting support, review, execution, amendments, renewals, and closeout
  • Ensure contract terms align with Q-Free's business objectives, project requirements, and regulatory obligations
  • Maintain accurate and organized contract records and documentation

Contract Review & Risk Management

  • Review contracts for compliance with company policies, applicable laws, and regulatory requirements
  • Identify contractual risks and work with internal stakeholders to develop mitigation strategies
  • Track obligations, milestones, deliverables, and expiration dates to ensure compliance

Stakeholder & Vendor Coordination

  • Serve as the primary point of contact for contractrelated matters with vendors, customers, and internal teams
  • Collaborate with project managers, operations, finance, and procurement teams to support the company's initiatives
  • Support negotiations by coordinating feedback, clarifying terms, and documenting agreed changes

Financial & Commercial Oversight

  • Monitor contract value, pricing, and payment terms in coordination with finance
  • Review invoices and ensure billing aligns with contractual terms and approved scope
  • Support change orders, claims, and dispute resolution as needed

Compliance & Governance

  • Ensure adherence to applicable federal, state, and local requirements (as applicable to company projects)
  • Support audits, internal reviews, and reporting related to contract performance and compliance
  • Contribute to process improvements, templates, and best practices for contract management

Corporate governance

  • Basic corporate matters
  • Insurance renewal and certificate management
  • Business licenses and state corporation registrations

Quality & HSE

  • Driving compliance to Q-Free Way
  • Identifying nonconformances, ensuring they are registered and that ownership is taken within the organization
  • Driving Risk Management in ATMS (e.g. quarterly meetings)

Performing internal quality audits per year

Experience:

Competencies:

  • Contract interpretation and administration
  • Risk identification and mitigation
  • Stakeholder collaboration and negotiation support
  • Regulatory and policy compliance
  • Analytical thinking and problem solving
  • Professional judgment and discretion
  • Excellent attention to detail and document management skills
  • Strong written and verbal communication skills
  • Proficiency with Microsoft Office and contract management or document tracking tools

Qualifications:

  • 5+ years of experience in contract management, contract administration, or commercial management
  • Strong understanding of contract terms, commercial risk, and compliance principles

Education Requirements:

Bachelor's degree in Business Administration, Contract Management, Finance, Public Administration, or a related field or equivalent experience

Apply