1

Insurance And Risk Management Jobs in Columbus, MI

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk ...

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk ...

Conduct risk management surveys, determine insurance coverage needs, develop stewardship reporting and advise existing and prospective clients with insurance coverage options. * Provide continuous ...

Conduct risk management surveys, determine insurance coverage needs, develop stewardship reporting and advise existing and prospective clients with insurance coverage options. * Provide continuous ...

Personal Risk Specialist

Troy, MI · On-site

$93K/yr

Develop and oversee preparation of proposals for Personal Risk Management clients and prospects, research and assist in writing responses to clients and present individual personalized insurance ...

Cybersecurity Risk Manager

Detroit, MI · On-site +1

$70K - $140K/yr

Bachelor's degree in cybersecurity, risk management, or similar field * Minimum of 5 years of ... In addition, Huntington provides a variety of benefits to colleagues, including health insurance ...

... Risk Management Consulting, Property or Casualty Insurance, Insurance Brokerage experience, or equivalent demonstrated through one or a combination of the following: work experience, training ...

next page

Showing results 1-20

Insurance And Risk Management information

See Columbus, MI salary details

$75.1K

$110.6K

$169.2K

How much do insurance and risk management jobs pay per year?

As of Jul 9, 2026, the average yearly pay for insurance and risk management in Columbus, MI is $110,561.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,900.00 and $125,600.00 per year, depending on experience, location, and employer.

What do risk managers do in insurance?

Risk managers in insurance identify, assess, and prioritize potential risks that could impact an organization. They develop strategies to mitigate or transfer these risks, often through policies, claims management, and risk analysis tools, to minimize financial losses and ensure regulatory compliance.

What is the highest paying job in the insurance industry?

Chief Risk Officer (CRO) is among the highest paying roles in the insurance industry, overseeing enterprise risk management and strategic decision-making. These executives typically have extensive experience, advanced degrees, and certifications such as FRM or CRM, and they often earn high six-figure or seven-figure salaries depending on the company size and location.

Is risk management and insurance a good career?

Risk management and insurance are stable career fields that offer opportunities in underwriting, claims, and consulting. They often require analytical skills, industry certifications, and knowledge of regulations, with job prospects influenced by economic conditions and industry demand.

What can you do with a risk management and insurance degree?

A degree in risk management and insurance prepares individuals for roles such as risk analyst, insurance underwriter, claims adjuster, or risk manager. These positions involve assessing and mitigating financial risks, analyzing data, and understanding insurance policies, often requiring knowledge of industry regulations and certifications like CPCU or ARM.

What are some common challenges faced by professionals in insurance and risk management, and how can they be addressed?

Professionals in insurance and risk management often encounter challenges such as keeping up with evolving regulations, accurately assessing complex risks, and managing client expectations. Addressing these challenges requires continuous learning, leveraging new technologies for data analysis, and effective communication with clients and stakeholders. Team collaboration is also essential, as working closely with underwriters, actuaries, and claims specialists helps ensure comprehensive risk solutions and client satisfaction.

What is insurance and risk management?

Insurance and risk management is a field focused on identifying, assessing, and minimizing potential risks that individuals or organizations may face, as well as providing financial protection through insurance products. Professionals in this field analyze possible threats, develop strategies to mitigate them, and recommend appropriate insurance policies to cover potential losses. This helps businesses and individuals protect their assets, comply with regulations, and maintain financial stability in the face of unexpected events.

What is the difference between Insurance And Risk Management vs Insurance Underwriter?

AspectInsurance And Risk ManagementInsurance Underwriter
CredentialsCertifications like CRM, ARM, CPCU often preferredAdjustments vary; CPCU common but not mandatory
Work EnvironmentCorporate offices, risk assessment teamsUnderwriting departments, insurance companies
Industry UsageUsed across insurance, risk consulting, corporate risk teamsPrimarily within insurance companies for policy evaluation

Insurance And Risk Management professionals focus on identifying, analyzing, and mitigating risks for organizations, often working on strategic risk planning. Insurance Underwriters evaluate insurance applications and determine policy terms and premiums. While both roles involve risk assessment, Insurance And Risk Management has a broader scope, including risk control and management strategies, whereas Insurance Underwriters specialize in assessing individual insurance risks for policy issuance.

What are the key skills and qualifications needed to thrive as an Insurance and Risk Management professional, and why are they important?

To thrive in Insurance and Risk Management, you need strong analytical abilities, a solid understanding of insurance principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment software, claims management systems, and relevant certifications such as CPCU (Chartered Property Casualty Underwriter) or ARM (Associate in Risk Management) are highly valued. Excellent communication, negotiation, and problem-solving skills help professionals build trust with clients and effectively manage complex situations. These skills are crucial for accurately assessing risk, developing sound policies, and ensuring organizational stability and client satisfaction.

Risk & Finance Analyst

Ilitch Companies

Detroit, MI • On-site

Full-time

Re-posted 2 days ago


Job description

Job Summary:
The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk analysis, financial reporting, and strategic support for the captive insurance program. This role requires a highly analytical, detail-oriented professional who can navigate complex financial landscapes while maintaining the utmost discretion and confidentiality.
Key Responsibilities:
  • Conduct detailed financial analysis and risk assessments for the captive insurance companies.
  • Prepare comprehensive financial reports and dashboards for leadership, highlighting key performance indicators, risk exposures, and financial performance.
  • Assist in developing and maintaining underwriting guidelines and risk assessment methodologies.
  • Support the actuarial process by analyzing claims data and challenging actuarial reports.
  • Collaborate with internal stakeholders, including family office leadership and operating company representatives, to understand and address risk management needs.
  • Perform in-depth research on insurance market trends, regulatory changes, and emerging risk factors that may impact the captive insurance strategy.
  • Assist in the development and evaluation of potential new insurance lines or coverage expanses.
  • Maintain detailed documentation of risk management processes, financial analyses, and strategic recommendations.
  • Ensure compliance with regulatory requirements and reporting standards for captive insurance operations.
  • Assist with budgets, forecasts, and other ad hoc risk and finance - related performance reporting.
  • Perform other duties as assigned.

Required Skills, Knowledge and Abilities:
  • Bachelor's degree in finance, Risk Management, Actuarial Science, or related field.
  • 3-5 years of experience in captive insurance, risk management, or financial analysis.
  • Strong analytical skills with advanced proficiency in financial modeling and data analysis.
  • Excellent understanding of insurance principles, risk management techniques, and financial reporting.
  • Proficiency in advanced Excel, financial analysis software, and business intelligence tools.
  • Ability to handle highly sensitive and confidential information with absolute discretion.
  • Exceptional attention to detail and commitment to accuracy.
  • Strong communication skills, able to translate complex financial and risk concepts for leadership.
  • Demonstrated ability to work independently with a high degree of autonomy.
  • Proven capability of maintaining strict confidentiality when dealing with family office matters.

Preferred Skills, Knowledge and Abilities:
  • Professional certifications such as ARM (associate in risk management) or CPCU (Chartered Property Casualty Underwriter) preferred.

Working Conditions:
  • Works in a normal office environment where there is no discomfort due to temperature, noise, dust and the like.

The physical demands and work environment characteristics described here are representative of those a colleague encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The above is intended to describe the essential job functions, the general supplemental functions and the essential requirements for the performance of this job. It is not to be construed as an exhaustive statement of all supplemental duties, responsibilities or nonessential requirements. IFO Group, LLC has the right to change, modify, suspend, interrupt or cancel in whole or in part any job functions outlined in a job description at any time and without advance notice to the employee.
All items listed above are illustrative and not comprehensive. They are not contractual in nature and are subject to change at the discretion of Ilitch Holdings, Inc.
Ilitch Holdings, Inc. is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regards to that individual's race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender identity, age, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law.
The Company will strive to provide reasonable accommodations to permit qualified applicants who have a need for an accommodation to participate in the hiring process (e.g., accommodations for a job interview) if so requested.
This company participates in E-Verify. Click on any of the links below to view or print the full poster. E-Verify and Right to Work.
PRIVACY POLICY