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Director Operational Risk Jobs in Indianapolis, IN

Spower

Director, Safety

Indianapolis, IN · On-site

Director, Safety AES Indiana & AES Ohio Location: Indianapolis, IN and/or Dayton, OH with regular ... Two regulated electric utilities with diverse operational risk profiles * Coverage includes:

New

IPL (Indiana)

Director, Safety

Indianapolis, IN

Job Title Director, Safety - AES Indiana & AES Ohio Location Indianapolis, IN and/or Dayton, OH ... Two regulated electric utilities with diverse operational risk profiles * Coverage includes:

JLL

Director, PDS Projects

Plainfield, IN · On-site

... operational risk, and optimizes the total cost of ownership across the portfolio. What your day to ... Partner with the IFM Operations Director on Corrigo asset data management, including the ...

Authenticx

Account Operations Manager

Indianapolis, IN · On-site

... Director, platform risk to the CSM, and operational risk to both QBR and Strategic Motion Support Own QBR logistics end-to-end: scheduling, invite management, deck version control, initial slide ...

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Director Operational Risk information

See Indianapolis, IN salary details

$51.6K

$136.9K

$248.5K

How much do director operational risk jobs pay per year?

As of Aug 29, 2026, the average yearly pay for director operational risk in Indianapolis, IN is $136,865.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,800.00 and $160,100.00 per year, depending on experience, location, and employer.

What does a director of operational risk do?

A Director of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations. They develop risk management strategies, implement controls, and ensure compliance with relevant regulations. This role typically involves collaborating with different departments, reporting to senior management, and overseeing risk assessments and audits. The goal is to minimize losses and protect the organization from potential operational failures or external threats.

How does a director of operational risk typically collaborate with other departments to manage enterprise-wide risks?

A Director of Operational Risk works closely with teams across the organization—including compliance, internal audit, IT, and business unit leaders—to identify, assess, and mitigate potential risks. This collaboration often involves organizing risk assessments, sharing best practices, and developing response strategies for incidents. Regular cross-functional meetings and reporting are common, ensuring that risk management is integrated into day-to-day business operations. Effective communication and relationship-building are crucial for success in this role, as the Director must foster a risk-aware culture throughout the company.

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

A Director of Operational Risk needs deep knowledge of risk management frameworks, regulatory requirements, and operational processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, data analytics platforms, and certifications such as FRM or CRM is highly valued. Strong leadership, analytical thinking, and effective communication are essential soft skills for guiding teams and influencing stakeholders. These competencies are crucial for identifying, assessing, and mitigating risks that could impact organizational objectives and regulatory compliance.

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

AspectDirector Operational RiskRisk Manager
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Often requires similar certifications but may have less emphasis on advanced degrees
Work EnvironmentStrategic, leadership-focused, overseeing risk frameworks across departmentsOperational, focused on identifying and mitigating specific risks within teams
Employer & Industry UsageCommon in banking, finance, insurance, and large corporationsFound across various industries including finance, healthcare, and manufacturing

The main difference is that the Director of Operational Risk typically holds a senior leadership role responsible for setting risk strategies and policies, while the Risk Manager focuses on implementing risk mitigation measures at the operational level. Both roles require relevant certifications and experience, but the Director position involves broader strategic oversight.

What are the most commonly searched types of Operational Risk jobs in Indianapolis, IN?

The most popular types of Operational Risk jobs in Indianapolis, IN are:

What are popular job titles related to Director Operational Risk jobs in Indianapolis, IN?

For Director Operational Risk jobs in Indianapolis, IN, the most frequently searched job titles are:

What job categories do people searching Director Operational Risk jobs in Indianapolis, IN look for?

The top searched job categories for Director Operational Risk jobs in Indianapolis, IN are:

What cities near Indianapolis, IN are hiring for Director Operational Risk jobs?

Cities near Indianapolis, IN with the most Director Operational Risk job openings:

Director Operational Risk jobs near you

Director of Risk Management, Workers' Compensation & Safety (218013)

Indianapolis, IN • On-site

Diverse Staffing
1 - 5K employees
Learn more about Diverse Staffingexternal

Other

This job post has expired today. Applications are no longer accepted.

Job description

Lead Risk Strategy. Drive Safety. Protect Growth.


Diverse Staffing is seeking an experienced Director of Risk Management, Workers' Compensation & Safety to lead our enterprise-wide workers' compensation, safety, claims, compliance, and risk management initiatives. This is a high-impact leadership role responsible for protecting our organization, supporting operational growth, and ensuring exceptional claim outcomes across multiple states. The position is based at our Corporate Headquarters in Indianapolis and will oversee risk management operations, including support for Ohio operations and future acquisitions. Licensed adjuster experience is required.


If you are a strategic leader who excels in workers' compensation, safety management, compliance, vendor oversight, and operational excellence, we invite you to join our growing organization.


What You'll Do

Workers' Compensation & Claims Leadership

  • Direct workers' compensation strategy from injury prevention through claim closure.
  • Manage self-insured workers' compensation programs and complex litigated claims.
  • Partners with insurance carriers, TPAs, attorneys, and medical providers to improve outcomes and control costs.
  • Analyze claim trends, reserves, loss runs, and exposure data to support business decisions.
  • Lead return-to-work and modified-duty programs.

Risk Management & Compliance

  • Serve as the primary liaison with state agencies, regulators, carriers, and risk partners.
  • Coordinate audits, compliance reporting, regulatory filings, and data requests.
  • Monitor workers' compensation, OSHA, ADA, HIPAA, and FMLA compliance requirements.
  • Support insurance renewals, underwriting submissions, collateral planning, and risk forecasting.
  • Develop executive-level reporting, dashboards, and performance metrics.

Safety Leadership

  • Design and implement company-wide safety programs and policies.
  • Lead incident investigations, corrective actions, and OSHA compliance initiatives.
  • Conduct safety audits and workplace assessments.
  • Provide safety, compliance, and risk management training.
  • Serve as the escalation leader for serious injuries, OSHA-reportable incidents, and high-exposure claims.

Strategic & Operational Leadership

  • Lead and develop Risk Services team members.
  • Establish performance metrics, service standards, and operational procedures.
  • Evaluate vendor performance and drive continuous improvement initiatives.
  • Partner with executive leadership on risk reduction and business growth strategies.
  • Support acquisitions and expansion initiatives from a risk and safety perspective.


Qualifications

Required

  • Active Adjuster's License
  • 10+ years of workers' compensation claims experience
  • 5+ years of leadership experience
  • Experience managing self-insured workers' compensation programs
  • Experience managing litigated workers' compensation claims
  • Experience working with insurance carriers, TPAs, brokers, and medical vendors
  • Strong knowledge of OSHA, ADA, FMLA, HIPAA, and workers' compensation regulations
  • Budget management and financial analysis experience
  • Strong communication, leadership, negotiation, and problem-solving skills
  • Ability to travel as needed to branch locations, hearings, audits, client sites, and investigations
  • Availability to respond to urgent risk and safety incidents when necessary

Preferred

  • Staffing industry experience
  • Indiana and/or Ohio Adjuster's License
  • Experience leading multi-state risk management programs
  • Experience supporting growth initiatives and acquisitions


Why Join Diverse Staffing?

  • Opportunity to influence executive-level business decisions
  • Lead a critical function during a period of growth and expansion
  • Collaborate with senior leadership and operational teams nationwide
  • Build scalable risk and safety programs that drive organizational success
  • Make a direct impact on employee safety, compliance, claim outcomes, and profitability


Compensation

Competitive salary based on experience.

Comprehensive benefits package available.


Location

Diverse Staffing Corporate Headquarters

7135 Waldemar Drive

Indianapolis, IN 46268


How to Apply

Interested candidates should submit their resume to: OnlineAppInternal@DiverseStaffing.com

Please include "Director of Risk Management" in the subject line.


Diverse Staffing is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, disability, gender identity, protected veteran status, or other protected status. Diverse Staffing is committed to providing jobs for veterans transitioning to civilian life.


Apply