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Financial Risk Manager Jobs in Kentucky (NOW HIRING)

The Opportunity The Associate Risk & Insurance Analyst supports the management of Valvoline's corporate insurance programs and risk financing strategy. This role partners with Treasury leadership and ...

Strong financial services, banking, and / or broker-dealer industry knowledge * Knowledge of payment/debit card program management risk oversight a plus. * Understanding of FW platforms including ...

New

Risk Advisory Senior Manager

Louisville, KY ยท On-site +1

$119K - $215K/yr

Lead and manage risk advisory and internal audit engagements, delivering high-quality, client ... Bachelor's degree in Accounting, Finance, or a related field * Minimum 8+ years of experience ...

New

Risk Advisory Senior Manager

Lexington, KY ยท On-site +1

$119K - $215K/yr

Lead and manage risk advisory and internal audit engagements, delivering high-quality, client ... Bachelor's degree in Accounting, Finance, or a related field * Minimum 8+ years of experience ...

New

Manage tasks of larger projects and track budgets * Under guidance of Project Manager or senior ... Ensure that Wood administrative and financial policies and procedures as well as the methods and ...

Manage tasks of larger projects and track budgets * Under guidance of Project Manager or senior ... Ensure that Wood administrative and financial policies and procedures as well as the methods and ...

Help improve reporting, processes, controls, and risk management practices Qualifications/Requirements What You'll Bring * Bachelor's degree in Finance, Accounting, Economics, or a related field * 1 ...

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Financial Risk Manager information

See Kentucky salary details

$44.7K

$96.9K

$147.6K

How much do financial risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for financial risk manager in Kentucky is $96,889.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,200.00 and $112,000.00 per year, depending on experience, location, and employer.

What are some common challenges Financial Risk Managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

How much does a risk manager get paid?

A financial risk manager's salary varies based on experience, location, and industry, but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher salaries, especially in large financial institutions or major financial centers.

What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What does a finance risk manager do?

A financial risk manager identifies, analyzes, and mitigates potential financial risks that could impact an organization, such as market, credit, or operational risks. They use tools like risk assessment models and financial analysis to develop strategies that protect the company's assets and ensure regulatory compliance. Strong analytical skills, knowledge of financial markets, and relevant certifications like FRM or CFA are often required.

What is the salary of risk manager?

The salary of a Financial Risk Manager at JP Morgan typically ranges from $90,000 to $150,000 annually, depending on experience, location, and certifications such as FRM or CFA. Senior risk managers or those in high-cost areas may earn higher compensation, including bonuses and benefits.

What does a Financial Risk Manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.

Do risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by experience, location, and industry. According to industry reports, median annual salaries range from $80,000 to over $150,000, with senior roles and certifications like FRM or CFA often commanding higher pay. Risk management skills in data analysis and financial modeling are highly valued in this field.
What are popular job titles related to Financial Risk Manager jobs in Kentucky? For Financial Risk Manager jobs in Kentucky, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Kentucky look for? The top searched job categories for Financial Risk Manager jobs in Kentucky are:
What cities in Kentucky are hiring for Financial Risk Manager jobs? Cities in Kentucky with the most Financial Risk Manager job openings:
Infographic showing various Financial Risk Manager job openings in Kentucky as of June 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $96,889 per year, or $46.6 per hour.
Risk Manager - Insurance

Risk Manager - Insurance

Insurance Office of America

Frankfort, KY โ€ข On-site

$110K - $145K/yr

Full-time

Medical, Retirement

Posted 22 days ago


Insurance Office Of America rating

8.6

Company rating: 8.6 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

73rd of 261 rated insurance


Job description

Description

Job Description:

Title:ย Risk Manager - Insuranceย 

Fully Remote: applicants in Eastern or Central Time Zone
Supporting:ย Longwood, FLย |ย Required:ย Bachelorโ€™s degree in Risk Management, Finance, Business, Insuranceย (or a related field), active P&C license
Please note: If this position is posted as either fully remote and/or hybrid, in accordance with company policy, individuals residing within a 50-mile radius of a branch location may be required to work onsite in a hybrid capacity as there may be occasions when on-site presence is necessary to meet specific business needs. Additionally, our remote work policy includes having a dedicated, distraction-free workspace.ย Remote work is not a substitute for childcare, elder care, or other personal responsibilities during working hours.ย To view our branch locations, please visit: ioausa.com/locationsย 
ย 

About the Role:โ€ฏTheย Insurance Broker โ€“ Risk Managerย is responsible forย identifying, assessing, and mitigating organizational risk through the design, placement, and ongoing management of insurance and risk financing programs. This role acts as a strategic advisor to clients or internal stakeholders, aligning insurance solutions with businessย objectivesย while ensuring regulatory compliance, cost efficiency, and effective claims management.ย 

ย 
Key Responsibilities:ย 

  • Risk Assessment:ย Conduct comprehensive risk evaluations across property, casualty, liability, professional, cyber, and related exposures toย identifyย risk profiles.ย 

  • Exposure Analysis:ย Analyzeย lossย history, operations, and contractual obligations toย determineย coverage requirements and risk tolerance.ย 

  • Risk Mitigation Strategy:ย Develop and implement strategies, including loss control and prevention initiatives, to reduce exposure and improve outcomes.ย 

  • Program Design & Placement:ย Design and structure insurance programs that align with client or organizational needs and risk profiles.ย 

  • Carrier Marketing & Negotiation:ย Market programsย toย carriers, negotiating terms, coverage, and pricing to achieveย optimalย results.ย 

  • Alternative Risk Solutions:ย Advise onย risk financing strategies such as captives, selfโ€‘insurance, deductibles, and retention structures.ย 

  • Client Advisory:ย Serve as a trusted advisor to clients and leadership, providing guidance on risk management strategies and insurance solutions.ย 

  • Proposal & Renewal Strategy:ย Prepare and present risk analyses, insurance proposals, and renewal recommendations to stakeholders.ย 

  • Policy Administration:ย Review policies, endorsements, and certificates to ensure accuracy, adequacy, and proper coverage alignment.ย 

  • Compliance Management:ย Ensure adherence to regulatory requirements, contractual obligations, and internal risk management standards.ย 

  • Claims Oversight:ย Oversee claims reporting and resolution, coordinating with carriers, adjusters, and legal partners to drive favorable outcomes.ย 

  • Claims Analysis:ย Monitor claim trends and recommend corrective actions to reduce future losses and improve performance.ย 

  • Carrier & Stakeholder Collaboration:ย Partner with carriers and internal teams including Legal, Finance, HR, and Operations to align risk strategies.ย 

  • Market & Risk Intelligence:ย Stay informed on market trends, emerging risks, regulatory changes, and industry developments to provide proactive recommendations.ย 

  • Champion IOA Values:โ€ฏDemonstrateย integrity and leadership.ย 

ย 
Ideal Candidateย Qualifications:ย 

  • Bachelorโ€™s degree in Risk Management, Finance, Business, Insurance, or related field; advanced degree preferredย 

  • 5โ€“10+ years of experience in insurance brokerage, risk management, or commercial insurance consulting. Active property & casualty licensing.

  • Provenย expertiseย managing complex insurance programs and client relationshipsย 

  • Professional designations such as CPCU, ARM, or CRM preferred; active insurance licensing asย requiredย 

  • Strong knowledge of commercial insurance products, coverage structures, and risk transfer strategiesย 

  • Excellent analytical, financial, negotiation, and problemโ€‘solving skillsย 

  • Outstanding communication and presentation abilities with a consultative, relationshipโ€‘driven approachย 

  • High attention to detail, strong organizational skills, and ability to manage multiple prioritiesย 

ย 
What We Offer:ย 

  • Competitive salaries and bonus potentialย 

  • Company-paid health insuranceย 

  • Paid holidays, vacations, and sick timeย 

  • 401K with employer matchย 

  • Professional growth and career progression opportunitiesย 

  • Respectful culture and work/family life balanceย 

  • Community service commitmentย 

  • Supportive teammates and a rewarding work environmentย 

ย 
What to Expectย (Application Process):ย 

  • 30-Minute Phone Screen, Online Assessments, and Interview(s)ย 

Salary Range

The expected pay range for this position is $110,000.00 to $145,000.00 per year, depending on experience, relevant skills, and geographic location.

Insurance Office of America is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Summary

The Insurance Broker โ€“ Risk Manager is responsible for identifying, assessing, and mitigating organizational risk through the design, placement, and ongoing management of insurance and risk financing programs. This role acts as a strategic advisor to clients or internal stakeholders, aligning insurance solutions with business objectives while ensuring regulatory compliance, cost efficiency, and effective claims management.