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Commercial Risk Manager Jobs in Washington (NOW HIRING)

Eight (8) plus years of experience in insurance and/or risk management with direct experience in a commercial real estate development or construction company * Proactive approach with superior ...

Help establish the culture and operating standards of a high-growth startup Required Qualifications * 7+ years of experience in commercial insurance, underwriting, brokerage, risk management, or ...

These skills allow the Risk Manager to gain insights and act as a change agent to influence ... Oversee and challenge the risk-taking by the First Line of Defense across Card, Retail, Commercial ...

These skills allow the Risk Manager to gain insights and act as a change agent to influence ... Oversee and challenge the risk-taking by the First Line of Defense across Card, Retail, Commercial ...

Showing results 21-40

Commercial Risk Manager information

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

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.

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 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.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often requires strong analytical skills and knowledge of risk assessment tools.

What are popular job titles related to Commercial Risk Manager jobs in Washington?

For Commercial Risk Manager jobs in Washington, the most frequently searched job titles are:

What cities in Washington are hiring for Commercial Risk Manager jobs?

Cities in Washington with the most Commercial Risk Manager job openings:

Insurance and Risk Manager

CloudHQ LLC

Washington, DC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago


Job description

Job Type
Full-time
Description
Who We Are
Our purpose at CloudHQ is to provide flexible, efficient, and resilient data center solutions to businesses of all sizes. Our growing organization was founded by the pioneer of data center REITs. CloudHQ has state-of-the-art data center sites located on two Northern Virginia campuses, as well as London, Frankfurt, Paris, Milan, and São Paulo, and we anticipate exponential growth over the next several years both in the US and abroad. Our company's reach is expanded through our affiliate companies - Cloud Capital, Dalian Development, and WindHQ.
What The Role Entails
The Insurance & Risk Manager supports the Director in managing primarily the domestic insurance renewal programs for CloudHQ and its affiliated companies. This role ensures operational insurance coverages are maintained and in compliance with companies' contracts.
What You Will Get To Do
  • Manage the domestic annual renewals and mid-term changes for key lines (e.g., general liability, auto, workers compensation, property/builders' risk, umbrella/excess, professional liability, cyber, pollution, and other project-specific coverages as applicable)
  • Coordinate underwriting submissions, exposure data collection, and broker/carrier meetings; prepare clear renewal comparisons and recommendations
  • Support construction and development teams with project insurance (that includes property, liability, project-specific placements, and lender/owner requirements where applicable)
  • Implement and manage a COI software system to track vendor certificates and ensure compliance
  • Assist with review of contracts and agreements for insurance and indemnity requirements
  • Manage claims, report incidents as needed and maintain claims logs and trend reports
  • Support internal teams with insurance requests for contracts, closings, and project milestones
  • Provide mentorship support as needed

Requirements
What You Will Bring to The Role
  • Bachelor's degree in risk management, Business, or related field requires. Insurance designation (ARM, CRM, CRIS, CPCU, RIMS-CRMP), preferred
  • Eight (8) plus years of experience in insurance and/or risk management with direct experience in a commercial real estate development or construction company
  • Proactive approach with superior communication and organization skills, including the ability to maintain progress against important deadlines and the ability to prioritize and multi-task
  • Exceptional attention to detail with a strong work ethic, self-motivation, and strong sense of ownership and follow-through regarding work product and task completion
  • Ability to work autonomously with minimal supervision
  • Excellent customer service orientation, both internally and externally
  • Strong personal integrity with exceptional ethical standards

Our Ideal Candidate Will Also Possess
  • Preference for experience in all commercial insurance lines of coverages (property, liability, automobile, workers compensation, and contractor insurance programs (CIPs) for both Global and Domestic projects

What We Offer
CloudHQ's people and culture are the most enriching aspects that make us a great place to work. We are strengthened by industry experts who bring extensive knowledge, skill, and experience; leaders who bring vision, innovation and commitment to our people; and an expanding team of individuals who believe in that vision, and bring their best to support their customers and team.
Our employees enjoy competitive compensation and rewarding incentives, comprehensive benefits (medical, dental, vision, life insurance, disability), 401(k) with match, 12 paid holidays, generous PTO, development opportunities, and the ability to closely impact and contribute to the growth of an exceptional organization.
Equal Employment Opportunity
CloudHQ is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, age, national origin, disability, sexual orientation, gender identity or expression, marital status, genetic information, protected veteran status, or other legally protected status.