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Insurance Risk Manager Jobs in Connecticut (NOW HIRING)

We're seeking a detail-oriented Underwriter to join our growing team and help assess and manage individual life insurance risk. We need help guiding by our mission, we've donated $1.7B+ over the past ...

AQR Capital Management AQR is a global investment firm built at the intersection of financial ... The Team AQR's Risk Management team has direct responsibility for monitoring and managing market ...

AQR Capital Management AQR is a global investment firm built at the intersection of financial ... The Team AQR's Risk Management team has direct responsibility for monitoring and managing market ...

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Insurance Risk Manager information

See Connecticut salary details

$78.5K

$115.6K

$176.9K

How much do insurance risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for insurance risk manager in Connecticut is $115,587.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,100.00 and $131,300.00 per year, depending on experience, location, and employer.

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

To thrive as an Insurance Risk Manager, you need expertise in risk assessment, analytical thinking, and a strong understanding of insurance principles, often supported by a relevant degree and certifications like ARM or CPCU. Familiarity with risk modeling software, statistical analysis tools, and regulatory compliance systems is typically required. Strong communication, decision-making, and problem-solving skills help you effectively advise stakeholders and manage complex risk scenarios. These abilities are crucial for identifying, evaluating, and mitigating risks to protect organizational assets and ensure regulatory compliance.

What is the difference between Insurance Risk Manager vs Insurance Underwriter?

AspectInsurance Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in risk management, finance, or related fields; professional certifications like ARM or CPCU are commonUsually holds a bachelor's degree in finance, economics, or related areas; certifications like CPCU or ARe are beneficial
Work EnvironmentWorks in corporate risk management departments, analyzing and mitigating risks for the companyWorks in insurance companies, assessing individual or business applications to determine coverage and premiums
Employer & Industry UsageUsed by insurance companies and large corporations to manage risk exposurePrimarily employed by insurance carriers to evaluate and approve insurance policies

While both roles involve understanding insurance policies, the Insurance Risk Manager focuses on overall risk mitigation strategies within an organization, whereas the Insurance Underwriter evaluates individual insurance applications to determine coverage and pricing.

What does an Insurance Risk Manager do?

An Insurance Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact an organization’s assets, operations, or reputation. They analyze various types of risks—including financial, operational, and compliance risks—and develop strategies to minimize potential losses. Insurance Risk Managers also advise on appropriate insurance coverage, negotiate policies with insurers, and ensure that the company complies with relevant regulations to protect against unforeseen events.

What are the most common challenges Insurance Risk Managers face when working across different departments?

Insurance Risk Managers often collaborate with various departments such as underwriting, claims, and compliance to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment of risk policies across teams that may have different priorities or levels of risk awareness. Balancing regulatory requirements with business objectives can also be complex, requiring strong negotiation and relationship-building skills. Successfully navigating these challenges helps create a unified risk culture and strengthens the organization's overall resilience.
What are popular job titles related to Insurance Risk Manager jobs in Connecticut? For Insurance Risk Manager jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Connecticut look for? The top searched job categories for Insurance Risk Manager jobs in Connecticut are:
What cities in Connecticut are hiring for Insurance Risk Manager jobs? Cities in Connecticut with the most Insurance Risk Manager job openings:
Contracts and Risk Manager

$88K - $118K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago


Job description

Petra Construction Corporation is a 70+ year-old mid-sized construction management/general contracting firm based in North Haven, CT. We are seeking to hire an experienced and detail-oriented Contracts & Risk Manager to lead the company’s construction contract administration, risk management, and corporate compliance functions. This position is responsible for the successful negotiation, execution, and administration of prime contracts, subcontracts, purchase orders, and insurance compliance processes.

The Contracts & Risk Manager plays a critical role in protecting the company’s interests by minimizing risk exposure, ensuring legal and contractual compliance, and supporting operational best practices across all projects and departments. This position works closely with company leadership, project management and accounting departments, administrative staff, and external business contacts.

The ideal candidate is analytical, highly organized, and capable of balancing legal, operational, and business priorities in a fast-paced construction environment. Strong communication, negotiation, and leadership skills are essential, along with the ability to manage sensitive information with professionalism and discretion.

This is a full-time, Monday through Friday in-office position.

Qualifications

Education:

  • College degree in business, law, or related field

Experience:

  • Minimum 5 years of experience with a focus on construction law, contract negotiation and administration, and risk management

Technical Skills:

  • Intermediate proficiency with Microsoft Outlook, Word, Excel, DocuSign, and Bluebeam or similar software
  • Ability to learn new industry software platforms such as Procore and Trimble Unity Construct

Compensation & Benefits Summary

  • Competitive salary based on experience
  • Health, dental, vision, life, and disability insurance
  • Paid time off and holidays
  • Retirement savings plan
  • Professional development and certification support

Connecticut residence is strongly preferred. We do not offer relocation assistance.

Petra Construction Corporation is an Equal Employment Opportunity employer.


Employment Type: Full Time
Years Experience: 5 - 10 years
Bonus/Commission: No