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Insurance Risk Manager Jobs in Kentucky (NOW HIRING)

Industry/Sector Not Applicable Specialism IFS - Risk & Quality (R&Q) Management Level Senior Manager & Summary The Opportunity As a Senior Manager, Internal Investigations, you will play a pivotal ...

As a global leader in insurance, risk management, and consulting services, we're united by a commitment to excellence and a culture defined by The Gallagher Way. We're looking for a Client Service ...

Business Risk Specialist

Owensboro, KY · On-site

$20 - $24.38/hr

The organization's risk management framework is designed to promote strong governance and effective ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

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Insurance Risk Manager information

See Kentucky salary details

$71.7K

$105.5K

$161.5K

How much do insurance risk manager jobs pay per year?

As of Jul 12, 2026, the average yearly pay for insurance risk manager in Kentucky is $105,531.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,700.00 and $119,900.00 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 Kentucky? For Insurance Risk Manager jobs in Kentucky, the most frequently searched job titles are:
What cities in Kentucky are hiring for Insurance Risk Manager jobs? Cities in Kentucky with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Kentucky as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 23% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $105,531 per year, or $50.7 per hour.
SVP, Litigation and Risk

Full-time

Re-posted 3 days ago


Appalachian Regional Healthcare rating

6.5

Company rating: 6.5 out of 10

Based on 73 frontline employees who took The Breakroom Quiz

599th of 881 rated healthcare providers


Job description

Overview
The Senior Vice President (SVP), Litigation and Risk serves as a senior executive leader responsible for the
strategic oversight, governance, and operational effectiveness of Appalachian Regional Healthcare's
Enterprise Risk Management, Litigation Management, Insurance, and Claims functions. Under the direction of
the Chief Legal Officer (CLO), this position leads a significant enterprise portfolio spanning multiple hospitals,
service lines, business units, and corporate functions and is responsible for developing and leading the ARH
Enterprise Risk Management Program. The position drives a culture that prioritizes compliance with the law,
ethical business practices, robust reporting, shared learning, and proactive risk management across the
organization.
The SVP provides executive oversight for the day-to-day operations of the Risk, Insurance, and Litigation
Management functions, including all matters pertaining to litigation, captive management, safety event
management and prevention, claims administration, and insurance programs. The position partners with
executive leadership and operational stakeholders to support organizational resilience, reduce enterprise risk
exposure, strengthen governance, and drive risk-informed decision-making across the organization. The SVP
also supports the Chief Legal Officer on governance-related matters as assigned. Consistent with the ARH
Executive Level 1 (E1) framework, this position carries Tier 1 organizational impact and supports the
development and execution of short-to-mid-term organizational and operational strategies across multiple
facilities, departments, and business units.
Responsibilities
Litigation and Insurance Duties
• Responsible for the analysis of each newly reported incident and/or claim to determine appropriateness of early resolution, coverage, timely reporting to carriers, assignment and proactive management of outside counsel, aggressive direct claims handling, direct litigation participation, oversight, and development of a plan to achieve a beneficial timely conclusion.
• Responsible for developing and updating defense counsel guidelines and ensuring guidelines are followed.
• Participate in site visits, mediations, and/or court proceedings.
• Oversee early resolution program.
• Work closely with Senior Director of Insurance and Claims to oversee placement and operational leadership for all ARH insurance programs.
• Keep Chief Legal Officer informed of material incidents, claims, and status of litigations.
• Provide education to providers and others within the organization on litigation trends, deposition skills, litigation avoidance.
Enterprise Risk Management
• Implement and oversee Enterprise Risk Management roadmap milestones to strengthen enterprise risk maturity.
• Lead risk assessments and facilitate risk workshops with business units.
• Analyze and consolidate risk data to identify trends and emerging risks.
• Collaborate with business units to support the development of risk response plans.
• Oversee and supervise attorney-client privileged investigations related to significant incidents, sentinel events, losses, or alleged non-compliance, working closely with Clinical Risk, Insurance/Claims, Compliance, Quality, HR, IT, and external parties as needed.
• Ensures reporting systems are effective and robust for patient safety and general litigation related matters as evidenced by strong reporting numbers, early notice of claims and general freedom from surprises or citations related to underreporting.
General
• Engage with the external environment including industry thought leaders in order to maintain real-time appreciation of new laws, regulatory developments and opportunities in the relevant areas. Makes connections and fosters external relationships that inures to the benefit of organization.
• Keep Chief Legal Officer informed of significant risk incidents.
• Assist with budget development and assign resources accordingly.
• Promote a culture of continuous learning and problem-solving.
• Establish long-term innovation and improvement strategies.
• Participate in regular Legal and Risk Department responsibilities including but not limited to offering legal advice, reviewing subpoenas and court documents, taking phone calls from internal clients with questions, and supporting the resolution of legal or risk issues.
• Perform other duties as assigned by the Chief Legal Officer.
Qualifications
Education
Juris Doctor (J.D.) from an accredited law school; active license to practice law in good standing (Kentucky or West Virginia preferred).
Minimum Work Experience
At least 5 years in healthcare related legal practice required. Medical malpractice and healthcare/hospital system experience are strongly preferred.
Required Skills, Knowledge, and Abilities
• Litigation experience, preferably in the area of medical malpractice.
• Exhibits business operations knowledge.
• Highly developed communications, team player, change agent, strategic and creative, excellent project management skills and the ability to drive performance.
• Excellent judgment, executive presence, and ability to influence across all levels of the organization, including Board/committee interaction.
• Great interpersonal skills, including diplomacy and flexibility, and the ability to interface effectively and engender trust and confidence with personnel internally and externally to ARH.
• Handles confidential and sensitive information with discretion.

What Appalachian Regional Healthcare employees say

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