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Director Of Risk Management Jobs in Passaic, NJ (NOW HIRING)

Via

Head of Risk & Insurance

New York, NY · On-site

$200K - $300K/yr

As Head of Risk & Insurance , you will lead Via's insurance program, shaping its strategy ... Manage brokerage and carrier relationships: run renewals, evaluate quotes, negotiate terms, and ...

American Express

Manager-Risk Management

Manhattan, NY · On-site

$89K - $150K/yr

GRC creates and maintains the overall risk management framework, performs independent risk ... of directors, ensuring decision-makers receive timely, accurate, and actionable information.

Airwallex

Head of Risk

New York, NY · On-site

$300K - $400K/yr

Powered by our unique combination of proprietary infrastructure and software, we empower over 250 ... Develop and lead Airwallex's global risk management function and framework, spanning risk ...

American Express

Manager-Risk Management

Manhattan, NY · On-site

$89K - $150K/yr

GRC creates and maintains the overall risk management framework, performs independent risk ... of directors, ensuring decision-makers receive timely, accurate, and actionable information.

DTCC

Director IT Embedded Risk

Jersey City, NJ · On-site

Being a member of IT FinSight Delivery team, a IT ERM Director has primary responsibility for supporting and conducting targeted IT risk assessments, managing the risk profile of aligned IT ...

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Director Of Risk Management information

See Passaic, NJ salary details

$55.9K

$148.3K

$269.2K

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

As of Sep 3, 2026, the average yearly pay for director of risk management in Passaic, NJ is $148,255.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,200.00 and $173,400.00 per year, depending on experience, location, and employer.

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.

What does a director of risk management do?

A director of risk management oversees an organization’s strategies to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management policies, coordinate with other departments, and ensure compliance with regulations, often using tools like risk assessment software. Strong analytical skills and industry certifications are typically required for this role.

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 the industry, company size, and location. They often have advanced degrees and certifications such as CRM or ARM, and their compensation may include bonuses and benefits based on organizational risk mitigation success.

What job categories do people searching Director Of Risk Management jobs in Passaic, NJ look for?

The top searched job categories for Director Of Risk Management jobs in Passaic, NJ are:

What cities near Passaic, NJ are hiring for Director Of Risk Management jobs?

Cities near Passaic, NJ with the most Director Of Risk Management job openings:

Director Of Risk Management jobs near you

Clinical Risk Management Manager

Foundation Risk Partners

Edison, NJ • On-site

$100K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago

Foundation Risk Partners rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

109th of 315 rated insurance

Job description

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Clinical Risk Management Consultant to their Cornell Insurance Services team in the Edison, NJ office.
Job Summary:
The Clinical Risk Management Consultant is focused on identifying, assessing, and mitigating clinical risks for healthcare providers within an insurance brokerage firm, utilizing their medical expertise to analyze potential claims, advise clients on risk reduction strategies, and work with underwriters to secure appropriate coverage based on clinical risk factors.
Essential Functions:
  • Clinical Risk Assessment:
    • Review medical records, incident reports, and claims data to identify potential clinical risks associated with patient care, including medication errors, standard of care compliance risks, and diagnostic errors.
    • Detect and manage risk exposure
    • Maintain and update an organization's policies
    • Improve documentation practices
    • Seek ways to reduce the legal exposure of the organization
    • Create and maintain risk audit databases
    • Identify for clients' ways to take the steps needed to prevent data breaches
    • Investigate any events that result in death or injuries
  • Trend Analysis:
    • Analyze clinical data to identify trends and patterns of risk within a healthcare provider's practice, allowing for proactive risk mitigation strategies.
  • Risk Mitigation Consulting:
    • Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims.
  • Claims Review and Analysis:
    • Evaluate clinical aspects of claims, including medical necessity and appropriateness of treatment, to identify areas for improvement and potential cost savings.
  • Underwriting Support:
    • Collaborate with underwriters to assess clinical risk profiles of healthcare providers, informing coverage recommendations and premium calculations.
  • Education and Training:
    • Develop and deliver clinical risk management training programs for healthcare providers, including staff on topics like informed consent, documentation best practices, and patient safety.
  • Regulatory Compliance:
    • Stay updated on relevant healthcare regulations and industry standards to ensure clients are adhering to appropriate clinical risk management practices.

Competencies & Qualifications:
  • Clinical Background:
    • Registered Nurse (RN), Physician Assistant (PA), or other relevant healthcare professional license with significant clinical experience.
  • Risk Management Knowledge:
    • Understanding of risk management principles, including risk identification, assessment, mitigation, and transfer.
  • Analytical Skills:
    • Ability to analyze complex medical data and identify potential risk factors.
  • Communication Skills:
    • Effective communication skills to interact with healthcare providers, underwriters, and clients, explaining complex clinical issues in a clear and concise manner.
  • Problem-Solving Skills:
    • Ability to identify root causes of clinical incidents and develop practical solutions to mitigate risk.

Note: The specific responsibilities of an insurance broker clinical risk management role may vary depending on the size and focus of the brokerage firm, as well as the healthcare provider clientele they serve.
Education & Experience:
  • Bachelor's degree in Nursing, or other health related science
  • Master's preferred
  • 3-5 years Risk Management experience preferred
  • Skilled Nursing Facility experience preferred in the geriatric field
  • RN, NP or P.A. or allied health professional licensure
  • CPHRM preferred

This range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.
Pay Transparency Range
$100,000-$125,000 USD
Disclaimer:
While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.
Equal Employment Opportunity (EEO):
FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.
Benefits:
FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!

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