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Commercial Risk Manager Jobs in Boston, MA (NOW HIRING)

Earnix

Commercial Counsel (Hybrid/Remote)

Boston, MA · Remote

$160K - $210K/yr

... manage risk, and keep deals moving. * Provide day-to-day legal advice to business teams, balancing ... Strong commercial judgment and a business-oriented mindset. * Experience advising on privacy and/or ...

M&T Bank

CRE Commercial Portfolio Administrator

Danvers, MA · On-site

$30.16 - $50.26/hr

Identify risk-related issues needing escalation to management. * Maintain M&T internal control ... The Commercial Portfolio Administration capabilities include the following functions: Validation of ...

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All JobsCommercial Risk Manager JobsCommercial Risk Manager Jobs in Boston, MA

Commercial Risk Manager information

See Boston, MA salary details

$56K

$121.2K

$184.7K

How much do commercial risk manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for commercial risk manager in Boston, MA is $121,195.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,800.00 and $140,100.00 per year, depending on experience, location, and employer.

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 identifies, assesses, and mitigates financial and operational risks that could impact a company's commercial activities. They analyze market conditions, develop risk management strategies, and often use tools like risk assessment software to protect the organization’s assets and profitability. Strong analytical skills and industry knowledge are essential for this role.

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 is the highest salary for a risk manager?

The highest salaries for commercial risk managers can exceed $150,000 annually, especially for those with extensive experience, specialized certifications, or leadership roles in large organizations. Top earners often work in industries like finance, insurance, or energy and may receive bonuses and other incentives.

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.

How much does a risk manager get paid?

A commercial risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications can earn higher compensation, often exceeding $150,000 per year.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in financial or corporate risk environments.
What are popular job titles related to Commercial Risk Manager jobs in Boston, MA? For Commercial Risk Manager jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Commercial Risk Manager jobs in Boston, MA look for? The top searched job categories for Commercial Risk Manager jobs in Boston, MA are:
Commercial Risk Manager jobs near you
Infographic showing various Commercial Risk Manager job openings in Boston, MA as of June 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, 2% Temporary, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $121,195 per year, or $58.3 per hour.

Sr. Client Service Specialist, Commercial Risk - IAS Northeast

The Baldwin Group

Boston, MA • On-site

$60K/yr

Full-time

Posted 13 days ago

Job description

POSITION SUMMARY:
  • The Sr Client Service Specialist, Commercial Risk works closely with advisors, line-of-business specialists, and dedicated client servicing professionals to analyze client data, evaluate needs, and help create effective risk management solutions designed to meet clients' financial goals.

PRIMARY RESPONSIBILITIES:
  • Prepares premium allocations.
  • Prepares and updates draft renewal proposals.
  • Prepares documents for presenting risks to market.
  • Prepares applications, summaries of insurance, and other coverage related documents.
  • Assists client service teams in the preparation of presentation materials.
  • Analyzes and summarizes complex data and compiles reports without supervision.
  • Records data into appropriate insurance company and firm software programs.
  • Processes complex audits and complete audit worksheets.
  • Reviews contract requirements for complex cert requests.
  • Reviews quotes in depth.
  • Quotes flood and builder's risks policies as requested by an Account Manager.
  • Handles processed based quoting for assigned book i.e. NFIP, bonds, small builder's risk
  • Handles the renewing of bonds and flood policies.
  • Identifies and follow up on binding subjectivities.
  • Trains and mentors other Analysts.
  • Completes special projects as assigned.
  • Looks for opportunities to improve the firm, business segment and processes.
  • Brings issues and discrepancies to the attention of appropriate leadership.

EDUCATION AND EXPERIENCE REQUIREMENTS:
  • Experience (years and type of experience): 2 years' experience in the insurance industry required; 3+ years' experience in the insurance industry preferred
  • Certification(s): None required; None preferred
  • License(s): Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain all required licenses within the first 90 days of employment required; Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain all required licenses within the first 90 days of employment preferred

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
  • Strong analytical, research and problem-solving skills.
  • High attention to detail.
  • Strong verbal and written communications skills.
  • Ability to multi-task and work effectively in a fast-paced team environment.
  • Demonstrates the organization's core values, exuding behavior that is aligned with the firm's culture

TECHNICAL, COMPUTER, AND SYSTEM-SPECIFIC SKILLS REQUIRED:
  • Intermediate to advanced knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  • Ability to learn any other appropriate program or software system used by the firm as necessary

OTHER REQUIREMENTS:
  • None

SPECIAL WORKING CONDITIONS:
  • Fast paced multi-tasking environment

IMPORTANT NOTICE:
  • This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodations to applicants and colleagues who need them for medical or religious reasons.

EEOC (STATEMENT):
  • BRP is an equal employment opportunity firm and strives to comply with all laws prohibiting discrimination based on race, color, religion, age, sex (including sexual orientation and gender identity), national origin or ancestry, disability, military status, marital status, and any other category protected by federal, state, or local laws. All such discrimination is unlawful, and all persons involved in the operations of the firm are prohibited from engaging in this conduct.

The starting pay is $60,000+ annually. Salary is negotiable upon time of hire.
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The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.

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