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Insurance Manager Jobs in Madison, WI (NOW HIRING)

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Insurance Manager information

See Madison, WI salary details

$37.8K

$83.4K

$123.5K

How much do insurance manager jobs pay per year?

As of Aug 5, 2026, the average yearly pay for insurance manager in Madison, WI is $83,442.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,000.00 and $99,800.00 per year, depending on experience, location, and employer.

What are some common challenges faced by insurance managers and how can they be addressed?

Insurance Managers often face challenges such as keeping up with changing regulations, managing diverse client portfolios, and balancing risk assessment with customer service. Staying updated with industry regulations and investing in continuous professional development can help address compliance issues. Effective communication and strong organizational skills are essential for managing multiple clients and teams. Additionally, leveraging modern insurance software can streamline operations and enhance accuracy in policy management.

How much do insurance managers make in the US?

Insurance managers in the US typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $150,000 depending on experience, location, and company size. They often hold certifications such as CPCU or ARM and require strong leadership and risk management skills.

What are the key skills and qualifications needed to thrive as an insurance manager?

To thrive as an Insurance Manager, you need expertise in risk assessment, policy analysis, and regulatory compliance, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with insurance management software, claims processing systems, and industry certifications like CPCU or ARM is highly valuable. Strong leadership, negotiation, and interpersonal skills help build effective teams and maintain client relationships. These abilities are crucial for ensuring seamless operations, regulatory adherence, and delivering excellent service in a competitive insurance environment.

What is the difference between Insurance Manager vs Insurance Underwriter?

AspectInsurance ManagerInsurance Underwriter
CredentialsOften requires insurance-related certifications and management experienceTypically holds actuarial, underwriting, or insurance licenses
Work EnvironmentManages teams, oversees policies, and develops strategies within insurance companiesEvaluates risks, assesses applications, and determines policy terms
Employer & Industry UsageCommonly employed in insurance firms, brokers, and agenciesPrimarily found in insurance companies and underwriting firms
Search & Comparison IntentPeople compare roles involving insurance policy oversight and managementIndividuals interested in risk assessment and policy issuance

The main difference between an Insurance Manager and an Insurance Underwriter lies in their responsibilities. Insurance Managers oversee teams, develop policies, and manage overall operations, while Insurance Underwriters focus on evaluating individual risks and determining policy terms. Both roles require insurance-related credentials and are integral to the insurance industry, but they serve different functions within the insurance process.

What is an insurance manager?

An insurance manager oversees the performance of all the employees who work for an insurance branch and verifies that all corporate policies are followed, including the filing of client records. Specifically, as an insurance manager, you supervise a sales agent or broker to help them drive sales and make sure they sell enough policies. Then, you ensure each of your sales agents receives a commission for excelling in their duties. To maximize profits, you set premiums by using actuary data and information from appraisers to determine the likelihood of clients filing claims, as well as the value of their assets. In this role, you are typically involved in many actions that the branch takes, such as the approval, denial, or investigation of claims.

What are the most commonly searched types of Insurance jobs in Madison, WI? The most popular types of Insurance jobs in Madison, WI are:
What job categories do people searching Insurance Manager jobs in Madison, WI look for? The top searched job categories for Insurance Manager jobs in Madison, WI are:
What cities near Madison, WI are hiring for Insurance Manager jobs? Cities near Madison, WI with the most Insurance Manager job openings:
Infographic showing various Insurance Manager job openings in Madison, WI as of July 2026, with employment types broken down into 1% As Needed, 70% Full Time, 22% Part Time, and 7% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $83,442 per year, or $40.1 per hour.

Full-time

Posted 19 days ago


Faith Technologies rating

8.4

Company rating: 8.4 out of 10

Based on 53 frontline employees who took The Breakroom Quiz

119th of 440 rated engineering


Job description

You've discovered something special. A company that cares. Cares about leading the way in construction, engineering, manufacturing and renewable energy. Cares about redefining how energy is designed, applied and consumed. Cares about thoughtfully growing to meet market demands. And as "one of the Healthiest 100 Workplaces in America" is focused on the mind/body/soul of team members through our Culture of Care.

The Corporate Insurance Specialist partners with the Corporate Insurance Manager and Risk Management team to manage and optimize the company's insurance portfolio, with a focus on property-related programs. This role evaluates risk exposures, secures appropriate coverage, and ensures alignment with organizational risk tolerance and industry best practices.

This role exercises independent judgment in negotiating insurance terms, analyzing coverage adequacy, and recommending program improvements. Serving as a company-wide subject matter expert, this position provides guidance on coverage interpretation, policy language, and insurance implications for business operations and contracts. Through collaboration with brokers, carriers, and internal stakeholders, this role ensures the company's insurance programs effectively protect assets and support sound risk management principles.

This role requires proficiency using a PC and Microsoft Office Suite (Access, Excel, Outlook, PowerPoint, and Word). Ideal candidate will have strong attention to detail, organizational skills, ability to effectively prioritize and complete daily tasks, and the desire and capacity to learn. Prior work experience with corporate insurance, including commercial policies, is required.

MINIMUM REQUIREMENTS

Education: Bachelor of Business Administration (BBA) preferred.

Experience: Require 5-7 years, prefer 8-10+ years of experience with insurance broker, carrier, or TPA; or with an employer; related to the corporate insurance policy(ies) and/or program management.

Travel: 0-20%

Work Schedule: This position works between the hours of 7 AM and 5 PM, Monday- Friday. However, work may be performed at any time on any day of the week to meet business needs.

KEY RESPONSIBILITIES

  • Leads the procurement and ongoing management of the company's property insurance program, ensuring adequate coverage and alignment with organizational risk tolerance.
  • Performs detailed coverage analyses, evaluating geographic exposures and potential weather-related risks to determine appropriate policy limits, sublimits, and deductibles.
  • Identifies potential gaps in coverage or sublimit and deductible concerns and recommends adjustments to ensure comprehensive protection.
  • Communicates coverage details-including limits, deductibles, and key terms-to business leaders to promote understanding of risk exposure and insurance placement rationale.
  • Provides strategic input to leadership on property risk trends and insurance program optimization opportunities.
  • Maintains in-depth knowledge of the company's full insurance portfolio, including the various lines of coverage and their strategic purpose.
  • Evaluates insurance terms and conditions to ensure alignment with organizational needs, risk exposure, and industry best practices.
  • Negotiates contractual insurance requirements with vendors, partners, and clients to ensure adequate protection consistent with company standards and coverage levels.
  • Provides guidance to internal stakeholders on insurance obligations and compliance considerations related to contracts.
  • Acts as a direct liaison to insurance brokers and carriers.
  • Serves as a company-wide subject matter expert on corporate insurance programs, providing guidance and interpretation of coverage terms, policy language, and claims processes.
  • Performs other related duties as required and assigned.

The job description and responsibilities described are intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

How Does FTI Give YOU the Chance to Thrive?

If you're energized by new challenges, FTI provides you with many opportunities. Joining FTI opens doors to redefine what's possible for your future.

Once you're a team member, you're supported and provided with the knowledge and resources to achieve your career goals with FTI. You're officially in the driver's seat of your career, and FTI's career development and continued education programs give you opportunities to position yourself for success.

FTI is a "merit to the core" organization. We recognize and reward top performers, offering competitive, merit-based compensation, career path development and a flexible and robust benefits package.

Benefits are the Game-Changer

We provide industry-leading benefits as an investment in the lives of team members and their families.You're invited to review the full list of FTI benefits available to regular/full-time team members. Start here. Grow here. Succeed here. If you're ready to learn more about your career with FTI, apply today!

Faith Technologies, Inc. is an Equal Opportunity Employer - veterans/disabled.


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