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Director Of Risk Management Jobs in Madison, WI (NOW HIRING)

Mercyhealth

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

Identify and report those occurrences as required by the Safe Medical Devices Act. * Assist director of risk management with insurance and claim management programs when necessary. * Work closely ...

Mercyhealth

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

Identify and report those occurrences as required by the Safe Medical Devices Act. * Assist director of risk management with insurance and claim management programs when necessary. * Work closely ...

WPS

Director of Cyber Risk & Assurance

Madison, WI · On-site +1

$185K - $225K/yr

Our Director of Cyber Risk & Assurance within our Enterprise IT Security team leads our enterprise ... Enjoy leading the Cyber Risk & Assurance function encompassing governance, risk management ...

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All JobsOf Risk Management JobsDirector Of Risk Management JobsDirector Of Risk Management Jobs in Madison, WI

Director Of Risk Management information

See Madison, WI salary details

$54.4K

$144.3K

$262K

How much do director of risk management jobs pay per year?

As of Jul 30, 2026, the average yearly pay for director of risk management in Madison, WI is $144,298.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,300.00 and $168,800.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Vice President 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 overseeing enterprise-wide risk strategies.

What does a risk management director do?

A risk management director oversees an organization’s risk assessment and mitigation strategies to minimize financial, legal, and operational risks. They develop policies, analyze potential threats, and coordinate with other departments to ensure compliance and safety, often using risk management software and requiring relevant certifications. Their role involves strategic planning and leadership to protect the organization’s assets and reputation.

What does a director of risk management make?

A director of risk management typically earns a salary ranging from $100,000 to $200,000 annually, depending on industry, experience, and location. They often oversee risk assessment, mitigation strategies, and compliance efforts within organizations, requiring strong analytical and leadership skills.

What is the difference between Director Of Risk Management vs Risk Analyst?

AspectDirector Of Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Bachelor's degree in finance, risk management, or related field
Work EnvironmentStrategic leadership, overseeing risk policies and teamsData analysis, risk assessment, supporting risk management strategies
Industry UsageUsed in large corporations, financial institutions, insurance companiesCommon in finance, insurance, and corporate sectors

The Director Of Risk Management focuses on strategic oversight and leadership in risk policies, while the Risk Analyst handles data analysis and risk assessment tasks. Both roles are essential in risk management but differ in scope and seniority.

How much does a head of risk management make?

A Director of Risk Management typically earns between $90,000 and $180,000 annually, depending on industry, experience, and location. Senior risk managers with certifications like CRM or FRM may earn higher salaries, especially in large organizations or financial sectors.
What are popular job titles related to Director Of Risk Management jobs in Madison, WI? For Director Of Risk Management jobs in Madison, WI, the most frequently searched job titles are:
What job categories do people searching Director Of Risk Management jobs in Madison, WI look for? The top searched job categories for Director Of Risk Management jobs in Madison, WI are:
What cities near Madison, WI are hiring for Director Of Risk Management jobs? Cities near Madison, WI with the most Director Of Risk Management job openings:
Director Of Risk Management jobs near you
Infographic showing various Director Of Risk Management job openings in Madison, WI as of July 2026, with employment types broken down into 1% As Needed, 78% Full Time, 19% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $144,298 per year, or $69.4 per hour.

Director of Risk Management

Culver Franchising System, LLC

Prairie Du Sac, WI • On-site

$135K - $150K/yr

Full-time

Posted 10 days ago

Culver's rating

6.2

Company rating: 6.2 out of 10

Based on 1,989 frontline employees who took The Breakroom Quiz

5th of 19 rated casual dining restaurants

Job description

Culver Franchising System, LLC is looking for a Director of Risk Management to own and advance risk management strategies and practices for the organization and across the Culver's system. This person is accountable to identify, evaluate and mitigate risk-related matters that may impact the business, our team members and/or our guests of the Culver's brand.
Essential Functions:
  • Procure and manage business insurance coverage for Culver Franchising System (CFS) and family restaurants
    • Conduct research on carriers and market conditions to identify the optimal approach for coverage at the best possible price
    • Conduct negotiations on program structure and policy terms working with carriers and brokers to optimize programs for both CFS and affinity programs appropriate for franchisees (e.g., property & casualty, cyber, trade name restoration)
    • Present insights and recommendations to officers of CFS for final decision
    • Oversee insurance claims process for CFS and family restaurants by providing direction on claims activities, monitoring claims frequency, and overseeing efforts to minimize claims volume
    • Support franchised restaurants by creating and managing preferred insurance vendor partnerships and assisting franchisees in establishing coverage as needed
  • Create and support enterprise risk management program for Culver's system restaurants, CFS and family restaurants
    • Develop policies, programs, and practices and conduct appropriate training to mitigate risk
    • Proactively assess and identify risk through assessments, bringing insights and recommendations to the business to optimize loss control and business continuity efforts
    • Provide expertise during risk/crisis events including, but not limited to, working closely with internal stakeholders
    • Continuous monitoring of risk-related topics in the industry, including compliance and risk trends, bringing knowledge and insights to the business
    • Conduct and lead periodic internal risk audits across the organization and report findings to senior leadership
  • Oversee workplace safety policies and practices across CFS and family restaurants
    • Provide subject matter expertise and direction for escalation issues
    • Oversee workplace safety program, policies, programs, and practices for CFS and conduct appropriate training to mitigate risk
    • Oversee the incident management process
  • Provide outreach to franchisee community
    • Engage in proactive dialogue with Culver's franchisees and franchisee leadership teams on a range of risk-related matters, including insurance, occupational safety and legal compliance
  • Oversee captive insurance program
    • Partner with existing third-party insurance broker to manage workers' compensation captive program
    • Manage and lead the optimization of the program working in conjunction with legal and finance
  • Lead and Develop Team Members - employ successful communication and coaching to enable individual and team success and engagement

Requirements:
  • Bachelor's Degree in Risk Management or related field, Master's degree preferred
  • 10+ years related experience or equivalent combination of education and experience plus 3 years people management experience
  • Certification of Associate in Risk Management (ARM) preferred
  • Able to travel 20% of the time
  • Strong communication, relationship building and influencing skills
  • Possess a valid Driver's license and an acceptable driving record

Additional Info:
To be considered for this opportunity, please make sure to attach your resume to your application.
Starting Pay Range: $135,000-$150,000 annually, commensurate with experience.
Classification: Exempt, full-time position.
This role includes a generous incentive bonus based on business results and individual success.
Culver Franchising System is an Equal Opportunity Employer, and we use E-Verify to confirm the identity and employment eligibility of all new team members.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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About Culver's

Sourced by ZipRecruiter

In 1984, Craig and Lea Culver, along with Craig’s parents George and Ruth, opened the very first Culver's in the family’s beloved hometown of Sauk City, Wisconsin, and began serving ButterBurgers® and Frozen Custard. Craveable as our signature combination is, the Culver family knew right away that although the business is centered around the food, it is really about the people. While folks can vividly recall the first time they bit into a ButterBurger or tasted a scoop of rich, creamy Fresh Frozen Custard, it’s our way of welcoming guests that truly makes Culver’s delicious.

Industry

Food services and drinking places and restaurants

Company size

10,000+ Employees

Headquarters location

Prairie du Sac, WI, US

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