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Insurance Risk Manager Jobs in Rhode Island (NOW HIRING)

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management ...

This will include managing relationships with both business leaders and vendors, while providing robust and challenging insight on business risk and on the adequacy and effectiveness of the test ...

This will include managing relationships with both business leaders and vendors, while providing robust and challenging insight on business risk and on the adequacy and effectiveness of the test ...

This will include managing relationships with both business leaders and vendors, while providing robust and challenging insight on business risk and on the adequacy and effectiveness of the test ...

This will include managing relationships with both business leaders and vendors, while providing robust and challenging insight on business risk and on the adequacy and effectiveness of the test ...

Showing results 41-60

Insurance Risk Manager information

See Rhode Island salary details

$80.8K

$119K

$182.2K

How much do insurance risk manager jobs pay per year?

As of Aug 11, 2026, the average yearly pay for insurance risk manager in Rhode Island is $118,992.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,900.00 and $135,100.00 per year, depending on experience, location, and employer.

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

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 Rhode Island? For Insurance Risk Manager jobs in Rhode Island, the most frequently searched job titles are:
What cities in Rhode Island are hiring for Insurance Risk Manager jobs? Cities in Rhode Island with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Rhode Island as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $118,992 per year, or $57.2 per hour.

Risk Transformation & Delivery Analyst

Citizens

Johnston, RI • Hybrid

$94K - $134K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago


Job description

Risk Transformation and Delivery Senior Analyst

Role Summary

The Risk Transformation and Delivery Senior Analyst supports the Risk Management leadership team in driving strategic execution, operating effectiveness, and enterprise alignment. This role partners closely with the Chief Risk Officer (CRO), Risk leadership, and key enterprise functions to deliver highquality executive materials, manage strategic initiatives, and support the daytoday operating cadence of the Risk organization. The ideal candidate is a highly organized, analytically strong professional with excellent communication skills and experience working in a complex, regulated environment.

Key Responsibilities

Responsibilities include, but are not limited to:

  • Strategy and Operating Rhythm Support
    • Support the Risk Management leadership team in executing strategic priorities, governance routines, and operating rhythms.
    • Coordinate leadership meetings, agendas, deliverables, and followups to ensure alignment and timely execution.
  • Executive and Board Materials
    • Prepare, review, and coordinate senior management- and Boardlevel materials related to the Bank's risk profile, risk appetite, and key risk themes.
    • Ensure materials are accurate, clear, and aligned with enterprise messaging and regulatory expectations.
  • Enterprise Collaboration
    • Partner with Finance, Corporate Communications, Legal, Human Resources, and other enterprise functions to support CRO and Risk leadership performance goals.
    • Assist with employee engagement initiatives, leadership communications, talentrelated activities, and workforce needs across the Risk organization.
  • Budget, Vendor, and Resource Management
    • Assist the Head of Risk Transformation in managing the Risk organization's budget, including forecasting, tracking, and variance analysis.
    • Support vendor management activities, including onboarding, contract coordination, performance tracking, and expense oversight.
  • Strategic and Special Projects
    • Support the Risk leadership team in the planning and execution of strategic initiatives, transformation efforts, and special projects.
    • Conduct analysis, prepare presentations, and track milestones to ensure successful delivery of crossfunctional initiatives.

Required Qualifications

  • Bachelor's degree in Finance, Business, Economics, Risk Management, or a related field.
  • 3-6 years of experience in risk management, strategy, management consulting, financial services, or a related function.
  • Experience preparing executivelevel presentations and written materials for senior management audiences.

Preferred Qualifications

  • Experience working in a large, regulated financial institution.
  • Familiarity with enterprise risk management frameworks and governance processes.
  • Exposure to budget management, vendor oversight, or transformation initiatives.

Skills and Competencies

  • Strong analytical, organizational, and problemsolving skills.
  • Exceptional written and verbal communication skills, with the ability to distill complex topics for senior audiences.
  • Proven ability to manage multiple priorities in a fastpaced environment.
  • Strong interpersonal skills and ability to collaborate effectively across functions.
  • High attention to detail, discretion, and professional judgment.

To thrive as a colleague at Citizens, candidates must demonstrate a strong customer-centric mindset, exhibit persistence and resilience in the face of challenges, and embrace continuous learning to adapt and grow in a dynamic environment.

Hours and Work Schedule: (4 days in office, 1 day remote)

Hours per Week: 40

Work Schedule: Monday-Friday

Work Location (s): Johnston, RI, or Westwood, MA 

Pay Transparency 

The salary range for this position is $94,000-$134,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

Work Authorization: 

This role is not eligible for new employer sponsored or current H-1 B visa holders. Applicants, including current OPT, L and other visa holders, must be authorized to work in the U.S. without the need for new employer sponsorship for themselves or their spouses now and in the future.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Equal Employment and Opportunity Employer

Job Applicant Data Privacy Policy

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.