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Director Of Risk Jobs in Michigan (NOW HIRING)

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Director Of Risk information

See Michigan salary details

$9.6K

$123.8K

How much do director of risk jobs pay per year?

As of Sep 11, 2026, the average yearly pay for director of risk in Michigan is $122,905.00, according to ZipRecruiter salary data. Most workers in this role earn between $122,900.00 and $122,900.00 per year, depending on experience, location, and employer.

What does a director of risk do?

A Director of Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or objectives. They develop risk management strategies, oversee compliance with regulations, and ensure that proper controls are in place to minimize financial, legal, and reputational risks. Typically, this role involves working closely with senior leadership to align risk management with overall business goals and to foster a culture of risk awareness throughout the organization.

How does a director of risk typically collaborate with other departments to manage organizational risk?

A Director of Risk works closely with various departments—such as compliance, finance, operations, and IT—to identify, assess, and mitigate potential risks. They often lead cross-functional meetings and risk assessment workshops to ensure all perspectives are considered and that risk controls are integrated into daily operations. Collaboration is key, as effective risk management requires input and buy-in from across the organization. Directors of Risk also frequently present findings and recommendations to executive leadership, ensuring alignment on risk appetite and mitigation strategies.

What are the key skills and qualifications needed to thrive as a director of risk, and why are they important?

To thrive as a Director of Risk, you need deep expertise in risk management, regulatory compliance, and business strategy, often supported by a bachelor’s or master’s degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is typically required. Exceptional leadership, analytical thinking, and communication skills help you influence stakeholders and navigate complex risk scenarios. These skills ensure the effective identification, mitigation, and communication of organizational risks, protecting the company’s assets and reputation.

What is the difference between Director Of Risk vs Risk Manager?

AspectDirector Of RiskRisk Manager
ResponsibilitiesOversees enterprise-wide risk strategies, sets policies, and manages risk teamsIdentifies, assesses, and mitigates specific risks within departments or projects
Required CredentialsOften requires advanced degrees (e.g., MBA), certifications like CRM or FRM, and extensive experienceTypically requires a bachelor's degree, certifications like RIMS-CRMP, and relevant experience
Work EnvironmentStrategic, leadership-focused, often in corporate officesOperational, detail-oriented, working closely with teams on risk assessments

The main difference between a Director Of Risk and a Risk Manager lies in scope and seniority. The Director Of Risk handles enterprise-wide risk strategies and leadership, while the Risk Manager focuses on specific risk areas and implementation. Both roles require relevant certifications and experience, but the Director position involves higher-level decision-making and strategic planning.

What are popular job titles related to Director Of Risk jobs in Michigan?

For Director Of Risk jobs in Michigan, the most frequently searched job titles are:

What cities in Michigan are hiring for Director Of Risk jobs?

Cities in Michigan with the most Director Of Risk job openings:

Infographic showing various Director Of Risk job openings in Michigan as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $122,905 per year, or $59.1 per hour.

Associate Director of Risk Management & Environmental Health & Safety

Saginaw, MI • On-site

Saginaw Valley State University
Colleges, Universities, and Professional Schools • 1 - 5K employees

Other

Posted 23 days ago


Key responsibilities

  • Develops, coordinates, and executes the University's risk management, insurance, and environmental, health & safety programs.

  • Oversees the procurement, administration, renewal, and management of the University's insurance programs and manages insurance claims.

  • Develops, implements, and administers environmental, health, and safety programs in compliance with applicable regulations, and collaborates with departments to promote safety and regulatory compliance.


Job description

## Associate Director of Risk Management & Environmental Health & SafetyApplylocations: Main Campustime type: Full timeposted on: Posted Yesterdayjob requisition id: JR-1053**Job Title:**Associate Director of Risk Management & Environmental Health & Safety**Full or Part Time:**Full time**Hours:**40**Exempt:**Yes**Supervisory Org:**Business Affairs (PM)**Job Description:****JOB SUMMARY:** Develops and directs the University’s risk management, insurance and environmental, health & safety programs. Serves as the representative for the University risk management program, including management of all insurance coverages and loss prevention matters. Develops, coordinates, and executes effective environmental, health & safety programs.This is an on-campus, in-person position, not remote.**ESSENTIAL DUTIES & RESPONSIBILITIES:*** Directs and oversees the University’s comprehensive risk management, insurance, and loss prevention programs to identify, assess, and mitigate institutional risk exposures.* Serves as the University’s Director to the Michigan Universities Self-Insurance Corporation (MUSIC), including active participation on the Underwriting and Claims & Loss Control committees.* Oversees the procurement, administration, renewal and management of the University’s insurance programs. Manages insurance claims and coordinates with legal counsel, insurers, and third-party administrators regarding litigation and all claims-related matters.* Develops, implements, and administers comprehensive environmental, health, and safety (EHS) programs in compliance with applicable federal, state, and local regulations. Areas include biological and chemical safety, fire and life safety, occupational health and injury prevention, hazardous materials management, and environmental compliance.* Collaborates with academic and administrative departments to develop and maintain effective safety practices, reduce organizational risk, and promote a culture of safety and regulatory compliance across campus operations.* Develops risk management programs goals, identifies and analyzes risk exposures, develops policy recommendations, coordinates departmental response, and provides education to eliminate or mitigate potential risks and identify solutions to existing risks.* Reviews and evaluates agreements, contracts, and vendor relationships to ensure appropriate insurance requirements, indemnification provisions, and risk transfer protections are in place to safeguard the University’s interests.* Participates in the development and delivery of new programs, initiatives, trainings and incentives to improve workplace safety designed to reduce workplace injuries, operational risks and institutional liability.* Monitors changes in regulatory requirements, industry standards, and best practices to ensure continued compliance and proactive risk mitigation.* Conducts or coordinates periodic inspections, documents findings, recommends corrective actions and follows up with responsible departments to ensure timely resolution.* Leads or supports investigations related to workplace injuries, safety incidents, environmental concerns, property loss and other risk-related events.* Participates in emergency and critical incident management and serves on the Crisis Management Executive Group (CMEG).* Establishes performance metrics and benchmarks to evaluate departmental effectiveness, program outcomes, and compliance initiatives.* Manages annual budgets for areas of responsibility.* Serves on University committees and cross-functional teams related to safety, emergency management, compliance, and institutional risk management. This includes direct oversight of the SVSU Safety Committee.* Perform other duties as assigned.**SUPERVISION RECEIVED:**Supervision is received from the Associate Vice President for Administration and Business Affairs/Chief Business Officer.**MINIMUM QUALIFICATIONS:*** Bachelor’s Degree in actuarial science, risk management & insurance, business administration, finance or closely related field.* Five years of direct experience in insurance/risk management program administration and/or environmental health & safety, preferably in higher education.* Direct, hands-on knowledge of risk management and insurance principles, standards and practices including risk prevention, risk retention (self-insurance) and risk transfer.* Direct experience in worker safety, training, environmental compliance, fire safety and/or related programs.* Demonstrated ability to effectively manage conflict, promote understanding and advance ideas.* Demonstrated ability to perform financial analyses and to communicate the results clearly and concisely.* Demonstrated positive interpersonal skills, ability to communicate effectively, candidly and project a positive image.* Demonstrated ability to build relationships and inspire trust.* Excellent organizational skills, with the ability to take initiative and prioritize multiple assignments.* Ability to deliver professional services to a broad constituent base.* Strong planning and leadership skills.* Proficient in Microsoft Office Suite and ability to learn new software quickly.* Experience and ability to positively interact with all members of the campus community* Ability to perform the essential duties of the position with or without accommodations.**PREFERRED QUALIFICATIONS:*** Master’s degree in a closely related field.* Five years of direct experience in insurance/risk management program administration and environmental health & safety, preferably in higher education.* Risk management experience in higher education, health care, public sector or a similar large organization.* ARM, CRM or CSRM certification* Experience with commercial and self-funded insurance groups.* Experience in a University or large organization in worker safety and regulatory compliance.**WORKING ENVIRONMENT & EMPLOYMENT CONDITIONS:*** Duties are generally performed inside and not exposed to adverse conditions.* All work associated with this role must be performed within the state of Michigan.*The above reflects the general details considered necessary to describe the essential functions of the job. It shall not be construed as an exhaustive statement of duties, responsibilities, or requirements that may be inherent in the job. It is not intended to limit or in any way modify the right of any supervisor to assign, direct, and control the work of employees under his/her supervision. The use of a particular expression or illustration describing duties shall not be held to exclude other duties not mentioned that are of similar kind or level of difficulty.* #J-18808-Ljbffr