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Director Insurance & Risk Management Jobs in Philadelphia, PA

STV

Risk Management Specialist

Philadelphia, PA · On-site

$86K - $98K/yr

STV is seeking a highly analytical and proactive Risk Management Specialist to join our Project ... Health insurance, including an option with a Health Savings Account Dental insurance Vision ...

ChristianaCare

Director Claims Management

Wilmington, DE · On-site

$121K - $193K/yr

As Director of Claims Management , you'll play a critical leadership role in protecting one of the ... Collaborate with Risk Management, Finance, executive leadership, insurance carriers, brokers ...

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Director Insurance Risk Management information

See Philadelphia, PA salary details

$54.5K

$144.5K

$262.4K

How much do director insurance & risk management jobs pay per year?

As of Jul 13, 2026, the average yearly pay for director insurance & risk management in Philadelphia, PA is $144,486.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,500.00 and $169,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Director Insurance & Risk Management position, and why are they important?

To thrive as a Director Insurance & Risk Management, you need expertise in risk assessment, insurance portfolio management, and financial analysis, typically supported by a degree in finance, business, or related fields. Familiarity with risk management information systems (RMIS), claims management software, and professional certifications such as CPCU or ARM is highly advantageous. Strong leadership, negotiation skills, and the ability to communicate complex concepts to non-experts help you stand out in this position. These skills are vital to effectively identify, mitigate, and manage organizational risks while safeguarding company assets and ensuring regulatory compliance.

What is a Director Insurance & Risk Management job?

A Director of Insurance & Risk Management is responsible for overseeing an organization's insurance programs and risk management strategies. They assess potential risks, develop policies to mitigate them, and ensure compliance with regulations. Their role includes negotiating insurance coverage, managing claims, and advising executives on financial and operational risks. This position requires strong analytical skills, industry knowledge, and the ability to implement risk-reduction strategies effectively.

What are the typical challenges faced by a Director Insurance & Risk Management, and how can you address them?

Directors of Insurance & Risk Management often face challenges such as balancing cost control with adequate insurance coverage, staying updated on evolving regulations, and managing claims efficiently. Addressing these challenges requires proactive risk assessment, close collaboration with internal stakeholders, and building strong relationships with brokers and insurance carriers. Successful professionals in this role remain adaptable to shifting business landscapes and continuously seek out innovative risk mitigation strategies. Utilizing data-driven insights and effective communication within cross-functional teams can also help overcome common hurdles in the role.

What are the most commonly searched types of Insurance & Risk Management jobs in Philadelphia, PA? The most popular types of Insurance & Risk Management jobs in Philadelphia, PA are:
What are popular job titles related to Director Insurance & Risk Management jobs in Philadelphia, PA? For Director Insurance & Risk Management jobs in Philadelphia, PA, the most frequently searched job titles are:
What job categories do people searching Director Insurance & Risk Management jobs in Philadelphia, PA look for? The top searched job categories for Director Insurance & Risk Management jobs in Philadelphia, PA are:
Director Insurance Risk Management jobs near you
Infographic showing various Director Insurance & Risk Management job openings in Philadelphia, PA as of July 2026, with employment types broken down into 94% Full Time, and 6% Contract. Highlights an 83% In-person, and 17% Remote job distribution, with an average salary of $144,486 per year, or $69.5 per hour.
Manager, Risk & Insurance

Manager, Risk & Insurance

West Pharmaceutical Services

Exton, PA • Hybrid

Other

Posted 27 days ago

West Pharmaceutical Services rating

8.5

Company rating: 8.5 out of 10

Based on 32 frontline employees who took The Breakroom Quiz

10th of 113 rated packaging manufacturers

Job description

This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week.

No relocation is provided for this opportunity

Who We Are:

At West, we're a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West's indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?  

There's no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.  

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.  

Job Summary
In this role, you will work closely with the Director, Global Risk and Insurance to support West commercial insurance strategies worldwide. Role requires active participation in all phases of property/casualty insurance placements, including identifying potential loss exposures and analyzing appropriate risk finance techniques for management response. Responsibilities will involve marketing and placement of designated insurance policies, as well as providing ongoing oversight and support for financial and claims administration duties as may be required.
Essential Duties and Responsibilities
  • Understand and promote Corporate objectives and functional insurance/risk management requirements.
  • Maintain strong working relationships with internal (Finance, Law, Procurement, Engineering, Operations and Quality representatives on the Corporate and local levels) and external (insurance brokers, underwriters, consultants, customers, vendors, and suppliers) clients. Maintain working knowledge of the global property/casualty insurance marketplace.
  • Support property/casualty insurance negotiations from compiling exposure data and preparing submissions through final placement; requirements include support document verification and ongoing maintenance support.
  • Coordinate internal engineering recommendations and construction updates through WPS' commercial property program; support internal workflow review protocols for carrier response.
  • Monitor compliance with carrier underwriting requirements; coordinate resources and preliminary responses for approval.
  • Assist with claims management and reporting.
  • Review loss runs; identify costs/benefits of insurable v. retained risks, participate in claim reviews and strategy sessions with senior management. Prepare monthly/quarterly loss reports for Corporate review as requested.
  • Process internal invoice requisitions and billing documents for supervisory approval. Review invoice statements for accuracy and address billing issues to final resolution.
  • Generate property & casualty certificates of insurance requests upon request.
  • Work closely with Director, Global Risk and Insurance to build a professional development plan for technical proficiency. Successfully complete continuing education assignments as assigned.
Education
  • Bachelor's Degree in Business, Risk Management or related field required
Work Experience
  • Minimum of 5 years of relevant experience in corporate insurance role or with insurance broker or carrier, excellent data and analytical skills, experience in managing global policies, handling of insurance claims, and strong leadership skills required.
Preferred Knowledge, Skills and Abilities
  • Proficient in MS Office including PowerPoint, Word, Excel, and Outlook.
  • SAP experience is a plus.
  • Strong data and analytics skills.
  • Able to be aware of all relevant standard operating procedures as per Company policy as they are related to the position covered by this Job Description
  • Support and contribute to Lean Sigma programs and activities towards delivery of the set target
  • Able to comply with the company's safety policy at all times
  • Able to comply with the company's quality policy at all times.
  • Highly organized and excellent communication skills; able to establish rapport with diverse personalities; responsive to people's needs; demonstrates initiative and commitment to quality. #LI-NJ1 #LI-Hybrid
License and Certifications
  • Should hold current PA producer license or be willing to obtain within one year of work
  • CIC/CRM/ARM designations preferred
Travel Requirements
None: No travel required
Physical Requirements
Sedentary-Exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

West is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, or disability status.  If you have a special need that requires accommodation in order to apply to West, please send an email to Apply.Accommodation@westpharma.com.  Where permitted by law, an offer of employment with West Pharmaceutical Services, or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of background screening and/or a pre-employment drug screening.

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