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Corporate Risk Manager Jobs in Tennessee (NOW HIRING)

The senior risk manager performs these functions reporting to the corporate director of risk management directly and to a facility vice-president indirectly. Responsibilities * Has full ...

The senior risk manager performs these functions reporting to the corporate director of risk management directly and to a facility vice-president indirectly. * Has full responsibility for operations ...

The Risk Manager reports directly to the Chief Executive Officer with dotted line reporting to the Corporate Risk Manager. The Risk Manager meets personally with the Chief Executive Officer on a ...

Deep knowledge of capital budgeting, capital structure decisions, working capital management, dividend policy, mergers and acquisitions, financial planning, risk management, and corporate valuation ...

Deep knowledge of capital budgeting, capital structure decisions, working capital management, dividend policy, mergers and acquisitions, financial planning, risk management, and corporate valuation ...

Deep knowledge of capital budgeting, capital structure decisions, working capital management, dividend policy, mergers and acquisitions, financial planning, risk management, and corporate valuation ...

Deep knowledge of capital budgeting, capital structure decisions, working capital management, dividend policy, mergers and acquisitions, financial planning, risk management, and corporate valuation ...

Deep knowledge of capital budgeting, capital structure decisions, working capital management, dividend policy, mergers and acquisitions, financial planning, risk management, and corporate valuation ...

Deep knowledge of capital budgeting, capital structure decisions, working capital management, dividend policy, mergers and acquisitions, financial planning, risk management, and corporate valuation ...

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Corporate Risk Manager information

See Tennessee salary details

$46.7K

$101.3K

$154.3K

How much do corporate risk manager jobs pay per year?

As of Jul 6, 2026, the average yearly pay for corporate risk manager in Tennessee is $101,250.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,700.00 and $117,100.00 per year, depending on experience, location, and employer.

What are some common challenges a Corporate Risk Manager faces when aligning risk strategies with different business units?

A Corporate Risk Manager often encounters the challenge of aligning risk strategies across diverse business units, each with its own objectives and risk appetite. Balancing these differences requires strong communication, negotiation skills, and a deep understanding of the company's overall risk framework. It’s common to facilitate cross-departmental discussions to ensure consistency and buy-in, while tailoring approaches to fit unique operational needs. Successfully navigating these dynamics not only helps mitigate risks but also fosters a collaborative culture around risk management.

What is the difference between Corporate Risk Manager vs Insurance Risk Analyst?

AspectCorporate Risk ManagerInsurance Risk Analyst
CertificationsCRM, FRM, or ERM certifications often preferredFRM, CPCU, or ARM certifications common
Work EnvironmentCorporate offices, risk management departmentsInsurance companies, brokerage firms, risk assessment teams
Employer & IndustryLarge corporations across industriesInsurance firms, reinsurance companies
Primary FocusIdentifying and mitigating enterprise-wide risksAssessing insurance risks and setting premiums

While both roles involve risk assessment, the Corporate Risk Manager focuses on overall enterprise risk management within a company, whereas the Insurance Risk Analyst specializes in evaluating insurance risks and determining policy premiums. Both positions require similar certifications and are integral to risk mitigation strategies in their respective environments.

What does a Corporate Risk Manager do?

A Corporate Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact a company’s financial standing, reputation, or operations. They develop risk management strategies, policies, and procedures to minimize potential losses and ensure compliance with regulations. Their work involves analyzing internal and external risks, recommending insurance coverage, and implementing plans to address risks related to market changes, legal issues, or operational failures.

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

To thrive as a Corporate Risk Manager, you need strong analytical skills, a background in finance or business, and typically a bachelor's or master's degree in a related field. Familiarity with risk assessment tools, enterprise risk management (ERM) systems, and certifications such as FRM (Financial Risk Manager) or CRM (Certified Risk Manager) are highly valued. Exceptional communication, critical thinking, and leadership abilities are essential for influencing decision-makers and managing cross-functional teams. These skills are crucial for identifying, evaluating, and mitigating risks that could impact organizational objectives and ensuring long-term business stability.
What are popular job titles related to Corporate Risk Manager jobs in Tennessee? For Corporate Risk Manager jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Corporate Risk Manager jobs in Tennessee look for? The top searched job categories for Corporate Risk Manager jobs in Tennessee are:
Infographic showing various Corporate Risk Manager job openings in Tennessee as of July 2026, with employment types broken down into 83% Full Time, 13% Part Time, 1% Temporary, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $101,250 per year, or $48.7 per hour.
SR RISK MANAGER

SR RISK MANAGER

Covenant Health

Knoxville, TN • On-site

Full-time

Posted 28 days ago


Job description

Overview
Senior Risk Manager
Full Time, 80 Hours Per Pay Period, Day Shift
Covenant Health Overview:
Covenant Health is the region's top-performing healthcare network with 10 hospitals, outpatient and specialty services, and Covenant Medical Group, our area's fastest-growing physician practice division. Headquartered in Knoxville, Covenant Health is a community-owned integrated healthcare delivery system and the area's largest employer. Our more than 11,000 employees, volunteers, and 1,500 affiliated physicians are dedicated to improving the quality of life for the more than two million patients and families we serve every year. Covenant Health is the only healthcare system in East Tennessee to be named a Forbes "Best Employer" seven times.
Position Summary:
The senior risk manager is responsible for the facility's risk management activities, which include, but may not be limited to, managing claims against the facility, interfacing with defense legal counsel, administering the risk management program on a day-to-day basis, managing and analyzing risk management data, conducting risk management educational programs, complying with risk management related standards by The Joint Commission and other accrediting or regulatory agencies, all with the objective of maintaining patient safety, enhancing quality care, and minimizing loss to protect the assets of the facility. This individual participates in formulating policy and/or organizational changes. The senior risk manager performs these functions reporting to the corporate director of risk management directly and to a facility vice-president indirectly.
Responsibilities
  • Has full responsibility for operations of the risk management program at the facility.
  • Directs loss control/loss prevention activities and reports results to senior administration at the facility and the corporate risk department.
  • Supervises the statistical trending of losses and analyzes patterns.
  • Designs and implements risk management surveys and studies; conducts surveys, studies, and special projects to assist in long-term planning and changes to facility policies and systems that reduce risk and losses.
  • Responsible for identifying and communicating regulatory requirements.
  • Leads development of facility-wide approach on disclosure of medical errors and obtains physician support.
  • Submits recommendations for changes in the existing risk control and risk-financing procedures based on changes in properties, operations, or activities.
  • . Evaluates correspondence from attorneys, patients, and other outside sources, and formulates responses, as necessary.
  • Records, collects, documents, maintains, and communicates to corporate risk and/or attorney any information necessary to prepare testimony in pending litigation.
  • Assists with release of records and information in response to subpoenas, court orders, attorney requests, state and federal agency investigations, and other inquiries from outside sources.
  • Maintains risk case files and strives to maintain maximum protection from discoverability of such files.
  • Answers medical/legal inquiries of physicians, nurses, and administrators regarding emergent patient care issues and loss control.
  • Resolves treatment issues, including patient decisions made against medical advice (AMA), refusals of treatment, and consent issues; initiates court orders as appropriate via in-house and outside legal counsel.
  • Maintains awareness of legislative activities that may affect risk management programs and participates in the legislative process.
  • Leads and/or participates in the Risk Management Subcommittee, affiliate Risk Management Subcommittee, Root Cause Analysis Oversight Team, Patient Safety Committee and others as directed.
  • Assumes risk management on-call responsibility for the system as a part of the call rotation.
  • Receives incident reports and other information regarding untoward occurrences in the facility, and collates such information systematically to permit analysis pursuant to risk management policy and procedure. When risk management personnel are informed of an incident, the investigation should include getting the facts, determining the event's significance, reviewing the medical record, deciding who must know about the event, determining how to proceed with the patient, securing all evidence (e.g. documentation, equipment, etc.), interviewing appropriate people, and creating a comprehensive investigation file.
  • Plans, develops, and presents educational material to administration, the medical staff, nursing personnel, and other department personnel on topics related to risk management as they affect personnel.
  • Supports the patient safety initiatives through direct participation on committees/task forces.
  • Develops and implements educational programs designed to minimize the frequency and reduce the severity of actual and potential safety hazards throughout the facility.
  • Leads root cause analysis and makes recommendations for improvement.
  • Actively participates in patient safety goals by providing data to support priorities.
  • Has an active role in FMEA (Failure Mode and Effects Analysis).
  • Acts as resource, internal consultant, and educator for patient safety/risk management issues.
  • Responds to professional/liability and facility liability questions posed by physicians, nurses, and other personnel.
  • Complies with various codes, laws, rules and regulations concerning patient care, including those mandated by state and federal agencies and incident reporting. Also includes investigative activities with federal, state and local enforcement authorities.
  • Disseminates lessons learned from root cause analysis, system or process failures, and the results of proactive risk assessments to staff that provide services for the specific situations. Disseminates feedback to the appropriate providers and workforce.
  • Assists in communicating unanticipated outcomes and/or unusual events to patients and their families in a compassionate and honest manner and in compliance with policies and procedures.
  • Oversees investigation of incidents/accidents/events that could lead to financial loss, including professional liability, general liability, and workers' compensation.
  • Investigates risks involving actual or potential injury to patients, visitors, and employees; and, collects information necessary to prepare for the defense of claims.
  • Interacts with legal counsel and patients/families to effect timely settlement.
  • Provides direction and advice to medical staff, as necessary, in connection with malpractice litigation and medico legal matters.
  • Reports patient care-related incidents to the Department of Health, FDA, or other agencies if required by law; directs investigation and development of corrective plans; submits required reports to state and federal agencies.
  • Complies with required mandatory reporting of the Medicare, Medicaid, and SCHIP Extension Act of 2007.
  • Plans, develops and presents educational material to administration, medical staff, nursing personnel and other department personnel on current topics related to risk management.
  • Develops and implements educational programs to reduce or eliminate potential safety hazards throughout the facility.
  • Develops and presents educational material to new and current employees.
  • Provides on-going coordination of system policies on the Covenant Health Intranet.
  • Serves as a system policy resource for Covenant Health.
  • Performs other duties as assigned or requested.

Qualifications
Minimum Education:
None specified; however, must be sufficient to meet the standards for achievement of the below indicated license and/or certification as required by the issuing authority.
Minimum Experience:
An equivalent combination of education and experience as evidenced by the possession of a RN, Bachelor's degree in nursing, business administration, health administration, public health, education, or directly related field and four (4) years experience providing direct patient care in a clinical health care environment and two (2) years experience in management; risk management; or similarly responsible position may be accepted in lieu of the above indicated education and experience requirements.
Licensure Requirement:
Current Tennessee RN license