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Enterprise Risk Management Jobs in Wisconsin (NOW HIRING)

Create and direct execution of the annual risk-based audit plan using input from management and enterprise risk assessments. Risk Management, Controls & Assurance * Provide independent and objective ...

Create and direct execution of the annual risk-based audit plan using input from management and enterprise risk assessments. Risk Management, Controls & Assurance * Provide independent and objective ...

Create and direct execution of the annual risk-based audit plan using input from management and enterprise risk assessments. Risk Management, Controls & Assurance * Provide independent and objective ...

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Showing results 1-20

Enterprise Risk Management information

See Wisconsin salary details

$52K

$112.6K

$171.6K

How much do enterprise risk management jobs pay per year?

As of Jun 12, 2026, the average yearly pay for enterprise risk management in Wisconsin is $112,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $130,200.00 per year, depending on experience, location, and employer.

What is an Enterprise Risk Management job?

An Enterprise Risk Management (ERM) job involves identifying, assessing, and mitigating risks that could impact an organization's strategic objectives. Professionals in this role develop risk frameworks, ensure compliance with regulations, and implement strategies to minimize financial, operational, and reputational risks. They work closely with leadership to improve decision-making by integrating risk assessments into business planning. Ultimately, ERM professionals help organizations navigate uncertainties while maximizing opportunities for growth and stability.

What is the highest paying risk management job?

The highest paying risk management roles are often executive positions such as Chief Risk Officer (CRO) or Vice President of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What is the role of Enterprise Risk Management?

Enterprise Risk Management (ERM) is a job function focused on identifying, assessing, and mitigating risks that could impact an organization's objectives. ERM professionals develop strategies, implement controls, and monitor risks to ensure organizational resilience and compliance, often using tools like risk assessments and reporting frameworks.

How much does a risk manager get paid?

The average salary for a risk manager typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications like FRM or CRM can earn higher salaries, often exceeding $150,000. Compensation also includes benefits such as bonuses and professional development opportunities.

What are the typical daily responsibilities of someone working in Enterprise Risk Management?

Professionals in Enterprise Risk Management (ERM) typically spend their days identifying, assessing, and prioritizing organizational risks, collaborating with various departments to gather data and implement risk mitigation strategies. They may conduct risk workshops, develop and update risk registers, monitor key risk indicators, and prepare reports for senior leadership. Regular meetings with business units and stakeholders ensure alignment on risk appetite and compliance with policies. This role often involves a balance of independent analysis and teamwork, making strong communication and problem-solving abilities essential.

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

To thrive in Enterprise Risk Management, you need a strong analytical background, proficiency in risk assessment methodologies, and often a degree in finance, business, or a related field. Familiarity with risk management software (like RSA Archer or MetricStream), data analysis tools, and certifications such as FRM (Financial Risk Manager) or CRM (Certified Risk Manager) are highly valued. Outstanding communication, strategic thinking, and collaboration skills help professionals effectively identify, assess, and mitigate risks across an organization. These skills are crucial to ensuring organizations remain resilient, compliant, and prepared for potential threats.

What is the role of an enterprise risk manager?

An enterprise risk manager is responsible for identifying, assessing, and mitigating risks that could impact an organization's strategic objectives. They develop risk management frameworks, monitor risk exposure, and implement policies to ensure organizational resilience, often using tools like risk assessment software and requiring certifications such as Certified Risk Manager (CRM).
What are the most commonly searched types of Enterprise Risk Management jobs in Wisconsin? The most popular types of Enterprise Risk Management jobs in Wisconsin are:
What are popular job titles related to Enterprise Risk Management jobs in Wisconsin? For Enterprise Risk Management jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Enterprise Risk Management jobs in Wisconsin look for? The top searched job categories for Enterprise Risk Management jobs in Wisconsin are:
Senior Director, Enterprise Risk Governance & Strategy

Senior Director, Enterprise Risk Governance & Strategy

Northwestern Mutual Life Insurance Company

Milwaukee, WI • On-site

Full-time

Posted 25 days ago


Northwestern Mutual rating

8.0

Company rating: 8.0 out of 10

Based on 71 frontline employees who took The Breakroom Quiz

147th of 261 rated insurance


Job description

About the Job:

Lead enterprise efforts related to, and be recognized as the enterprise expert for establishment, maintenance, and operationalization of enterprise risk governance frameworks, structures, and practices that provide the foundation for effective risk management across the Company. Advance the integration of strategic risk management within the enterprise risk framework. Drive alignment and execution of these components of the enterprise risk framework in partnership with risk and business leaders across the Company. Lead the enterprise risk program management capability, including department planning, strategy, reporting, and finance. Contribute to other Enterprise Risk Management & Resiliency (ERMR) functions.

What You'll Do:

  • Lead governance elements of the enterprise risk framework across all risk classes, including risk policies, appetite, taxonomy, and scoring, and support the advancement of the Company's three lines model and process taxonomy. These elements conceptually underpin risk management across the enterprise.
  • Advance ERMR efforts to apply and adapt the Company's enterprise risk management framework to the strategic risk class, with guidance from the VP - Enterprise Risk, Solvency & Sustainability and other members of ERMR and the risk function, and working closely with appropriate business units, corporate functions, and their executives.
  • Partner with ERMR leaders, and other risk and business leaders across the Company, to drive alignment and execution of risk governance and strategic risk practices.
  • Provide strategic leadership and visioning, and deliver and oversee, holistic strategy, planning, finance, reporting and operations of the ERMR department, including as a member of the ERMR leadership team. Coordinate closely with members of the ERMR leadership team and other risk leaders to align related risk and resiliency workstreams / components of the enterprise risk framework. Advance reporting, service delivery, and outcomes to reflect increased responsibilities and complexity of ERMR department.
  • Support the continued maturation of enterprise risk governance roles, operating models, frameworks, and practices, including corporate committee risk oversight roles, practices, and reporting to the Enterprise Risk Executive Committee in its role as the senior risk governance structure. Partner with Corporate Governance and risk leaders across the enterprise on overall governance alignment, including with respect to Company subsidiaries, to dynamically, efficiently, and effectively support enhanced risk governance capabilities.

What Experience You'll Bring:

  • Bachelor's degree required; preferred bachelor's or advanced degree in risk management, finance, actuarial, business, law or related field.
  • Ten years of progressive experience, including 5 years of progressive, applicable leadership experience with exposure to senior management.
  • Three years of progressive risk management experience and deep understanding of the financial services industry and the environment the company operates in, including the unique risk culture of Northwestern Mutual.
  • Strategic Thinking: Ability to understand the Company's strategic direction and the connection between strategy and risk management.
  • Innovation / Transformation: Must be able to operate effectively within, and contribute to, a culture of innovation. Ability to think creatively and identify opportunities to redesign existing processes and/or develop new processes to facilitate transformation within ERMR and the Company.
  • Dealing with Ambiguity: Ability to effectively cope with constant change demonstrated by specific techniques to redirect own efforts and efforts of others. Includes the ability to help others efficiently cope with change and minimize the emotional impact.
  • Problem Solving: Demonstrated knowledge of and practical application of multiple problem-solving tools (including a total systems approach) addressing complex and unique problems. Established history of solving problems with effective solutions. Ability and determination to communicate difficult risk information and other situations to all levels of company management.
  • Leadership: Strong leadership skills, including excellent decision making, consultation, influence, and communication, and NM enterprise savvy to navigate, influence and inform multiple key internal stakeholders, as well as skill as a people-leader and in talent management and development.
  • Advisor: Trusted advisor and builder of strong, collaborative relationships with key business and risk partners to align and deliver on cross functional, enterprise solutions.
  • Enterprise Acumen: Strong finance, planning, strategy, and operations skills, including the ability to understand how initiatives drive business outcomes and drive work through the processes and procedures within NM to ensure leadership buy-in and execution quality.

#LI-Onsite, #LI-Hybrid

Compensation Range:

Pay Range - Start:

$144,000.00

Pay Range - End:

$216,000.00

Geographic Specific Pay Structure:

Structure 110:

$158,400.00 USD - $237,600.00 USD

Structure 115:

$165,600.00 USD - $248,400.00 USD

We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.

Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.


What Northwestern Mutual employees say

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About Northwestern Mutual

Sourced by ZipRecruiter

Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US