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Financial Risk Manager Jobs in Indianapolis, IN (NOW HIRING)

Group1001

Enterprise Risk Management Intern (Fall)

Zionsville, IN · On-site

$17.25 - $22.50/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Students from Finance, Business Administration, Economics, Accounting, Data Analytics, or a related ... Coursework in risk management, finance, statistics, data analytics, or internal audit. * Experience ...

USI Insurance Services

Personal Risk Specialist

Carmel, IN · On-site

$97K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... set of risk management and benefit solutions with bottom-line financial impact. USI ONE ® represents Omni, Network, Enterprise--the three key elements that set USI apart from the competition.

USI Holdings Corporation

Personal Risk Specialist

Carmel, IN · On-site

$98K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... risk management and benefit solutions with bottom-line financial impact. USI ONE ® represents Omni, Network, Enterprise-the three key elements that set USI apart from the competition. Through USI ...

Group1001

Enterprise Risk Management Intern (Fall)

Zionsville, IN

$14.50 - $19.25/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... financial strength and stability with deep insurance expertise and a can-do culture. Group1001 ... The ERM Intern will support the risk management team in maintaining and enhancing the organization ...

State of Indiana

Large Bank Financial Examiner

Indianapolis, IN · Hybrid

$75K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

About The Department of Financial Institutions: The Indiana Department of Financial Institutions ... These reviews focus on an organization's risk tolerance and risk management activities ...

State of Indiana

Large Bank Financial Examiner

Indianapolis, IN · On-site

$75K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

About The Department of Financial Institutions: The Indiana Department of Financial Institutions ... These reviews focus on an organization's risk tolerance and risk management activities ...

State of Indiana

Senior Project Manager

Indianapolis, IN · On-site

$75K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Complete the scope of work while ensuring quality, financial, risk management and policy expectations are met. * Responsible for overall work progress and technical performance on project.

State of Indiana

Senior Project Manager

Indianapolis, IN · On-site

$75K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Complete the scope of work while ensuring quality, financial, risk management and policy expectations are met. * Responsible for overall work progress and technical performance on project.

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Showing results 21-40

All JobsFinancial Risk JobsFinancial Risk Manager JobsFinancial Risk Manager Jobs in Indianapolis, IN

Financial Risk Manager information

See Indianapolis, IN salary details

$49.2K

$106.6K

$162.5K

How much do financial risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for financial risk manager in Indianapolis, IN is $106,633.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,000.00 and $123,300.00 per year, depending on experience, location, and employer.

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.

What are the key skills and qualifications needed to thrive as a financial risk manager?

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 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.

Do financial risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, median annual pay often exceeds $100,000, with senior roles and certifications like FRM or CFA increasing earning potential. They also benefit from bonuses and other incentives based on performance and risk management success.

Is it hard to become a financial risk manager?

Becoming a financial risk manager typically requires a strong background in finance, economics, or related fields, along with relevant certifications such as the FRM or CFA. The role involves developing analytical skills, understanding financial models, and often gaining experience in risk analysis or financial analysis, which can take several years of education and work experience to achieve.

Is risk management in finance a good career?

A career as a financial risk manager involves analyzing and mitigating financial risks for organizations, often requiring strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. It offers opportunities in banking, investment firms, and corporations, with a focus on quantitative analysis and regulatory compliance. The role can be rewarding for those interested in finance and risk assessment, with a stable job outlook and competitive salary potential.

What job categories do people searching Financial Risk Manager jobs in Indianapolis, IN look for?

The top searched job categories for Financial Risk Manager jobs in Indianapolis, IN are:

What cities near Indianapolis, IN are hiring for Financial Risk Manager jobs?

Cities near Indianapolis, IN with the most Financial Risk Manager job openings:

Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Indianapolis, IN as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $106,633 per year, or $51.3 per hour.

Analyst, Risk Management & Insurance

Prime Outlets

Indianapolis, IN

Full-time

Re-posted 3 days ago

Job description

Job Location:

Corporate Indianapolis
Job Description

PRINCIPAL RESPONSIBILITIES:

  • Completes renewal applications and collaborates with insurance brokers to prepare underwriting submissions.

  • Collects, reviews, analyzes, and updates exposure data to support insurance policy renewals.

  • Manages and maintains insurance exposure data, documents, and electronic risk management files. Assures compliance with corporate documentation retention policies.

  • Reviews insurance policies for quality control and coverage adequacy.
    Coordinates renewal strategy meetings with insurance broker and internal stakeholders.

  • Assists with annual budgeting and auditing processes.

  • Analyzes loss runs and performs ongoing risk evaluations.

  • Tracks and reviews insurance premium allocations, fees, and charges.

  • Reviews and processes department invoices.

  • Assists internal customers with general contract reviews, insurance certificate requests, proof of insurance, claims questions.

  • Coordinates and Manage Certificates of Insurance and Auto ID Cards requests.

  • Reports and manages Property Insurance Claims.

  • Responds to information requests for claims and maintains electronic claim files.

  • Assists with other claims management items and oversight as directed by supervisor.

  • Supports the development of and compliance with risk management policies, procedures, and guidelines.

  • Engages with internal business units to understand needs and identifies opportunities to provide solutions to specific risk issues.

  • Tracks and follows up on Property Loss Engineering recommendations. Coordinates with property management and operations as needed on recommendations.

  • Other duties as assigned.

EDUCATION AND EXPERIENCE:

  • Bachelor's Degree is required, with a degree in Risk Management, Finance, Business, Economics or related field preferred.

  • Recent Risk Management college graduate and/or 1-3 years of Risk Management and Insurance experience preferred.

  • Relative knowledge and experience in the areas of Insurance, Risk Management, Safety & Health preferred.

  • Preferred Skills And Abilities

  • Experience and skilled with Microsoft Programs, particularly Excel

  • Strong written and oral communication skills

  • Strong computer skills

  • Continuous Improvement focus/ Ability to Identify Process Improvements

  • Ability to work effectively in a collaborative fast-paced team environment.

  • Strong analytical skills.

  • Detail-oriented and highly organized with a focus on quality and consistency and strength in documentation.

  • Travel may be required, estimated- 5%

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