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Insurance Risk Manager Jobs in South Carolina (NOW HIRING)

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Insurance Risk Manager information

See South Carolina salary details

$76.6K

$112.8K

$172.6K

How much do insurance risk manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for insurance risk manager in South Carolina is $112,752.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,700.00 and $128,100.00 per year, depending on experience, location, and employer.

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 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 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 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 are popular job titles related to Insurance Risk Manager jobs in South Carolina?

For Insurance Risk Manager jobs in South Carolina, the most frequently searched job titles are:

What cities in South Carolina are hiring for Insurance Risk Manager jobs?

Cities in South Carolina with the most Insurance Risk Manager job openings:

Infographic showing various Insurance Risk Manager job openings in South Carolina as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 18% Part Time, and 6% Contract. Highlights an 84% Physical, 1% Hybrid, and 15% Remote job distribution, with an average salary of $112,752 per year, or $54.2 per hour.

Senior Auditor-Financial Analyst

SC Department of Insurance

Columbia, SC • On-site

$58K - $69K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 29 days ago


Job description

Salary: $58,000.00 - $69,200.00 Annually
Location : Richland County, SC
Job Type: FTE - Full-Time
Job Number: 183130
Agency: Department of Insurance
Opening Date: 12/09/2025
Closing Date: 9/30/2026 11:59 PM Eastern
Residency Requirement: Yes
Class Code:: AN21
Position Number:: 60025935,60025942,60026042, 60025933,60026044,60025729
Normal Work Schedule:: Monday - Friday (8:30 - 5:00)
Pay Grade: GEN10
Hiring Range - Min.: $58,000.00
Hiring Range - Max.: $69,200.00
EEO Statement: Equal Opportunity Employer
Agency Specific Application Procedures:: A RESUME WILL NOT BE ACCEPTED NOR REVIEWED TO DETERMINE IF AN APPLICANT HAS MET THE QUALIFICATIONS FOR THE POSITION. If you meet the requirements of the position and would like to be considered, you must submit a state application online. Please complete the state application to include all current and previous work history and education. Supplemental questions are considered part of your official application. Any misrepresentation will result in your disqualification from employment. The quality of the application presented (completeness and accuracy as well as grammar and spelling) will be considered prior to the offer of an interview. An offer of employment is contingent upon a satisfactory criminal background check. Applications will be accepted until 11:59 on the state closing date.
Veteran Preference Statement: South Carolina is making our Veterans a priority for employment in state agencies and institutions.
Job Responsibilities
Mission Statement:
The mission of the State of South Carolina Department of Insurance is to protect the insurance consumers, the public interest, and the insurance marketplace by ensuring the solvency of insurers; by enforcing and implementing the insurance laws of the State; and by regulating the insurance industry in an efficient, courteous, responsive, fair, and equitable manner. For more information about working at the SC Department of Insurance, please visit
These positions are located in the Financial Regulation and Solvency Division.
The South Carolina Department of Insurance (SCDOI) is seeking motivated individuals to join our Financial Regulations & Solvency Division as Senior Auditors/Analysts. Experience is not required, we will train the right candidates. A bachelor's degree in Accounting ,Finance, Insurance, Risk Management or related field, with appropriate coursework in accounting/auditing is required.
In this role, you will help protect South Carolina consumers by evaluating the financial strength and solvency of insurance companies operating in the state. Working under the direction of the Supervising Financial Analyst, you will review statutory and/or GAAP financial statements, assess risks, identify solvency concerns, and determine compliance with state laws and NAIC guidance. You will analyze company financial statements, audited financial reports, actuarial opinions, holding company filings, NAIC solvency tools, and financial indicators to understand trends, ratios, and emerging risks.
Minimum and Additional Requirements
Candidates must hold a bachelor's degree in Accounting or Finance, Insurance, Risk Management or related field, and be proficient in Microsoft Excel and Word.
Preferred Qualifications
Preferred qualifications include coursework or experience in accounting or auditing, 1-3 years of financial analysis experience, and progress toward certifications such as CPA, CFE, ARe, or CPCU. While not required, these credentials are encouraged.
Additional Comments
SCDOI offers extensive professional development training and opportunities to pursue qualifying certifications. When these certifications are passed, employees become eligible for financial rewards, including salary increases or bonuses tied to their achievement.
Joining SCDOI offers a meaningful public service career with excellent state benefits, stability, and ongoing training.
Educational Credentials:
Applicants indicating college credit or degree(s) on the application will be required to submit a sealed, certified copy of the transcript(s) prior to beginning employment. Failure to produce an official, certified transcript will result in any conditional offer of employment being rescinded.
Equal Opportunity Employer:
It is the policy of the South Carolina Department of Insurance to provide equal employment opportunities to all job applicants and employees without regard to their race, color, religion, national origin, sex (including, but not limited to, pregnancy, childbirth or related medical conditions and lactation), disability or age.
Veteran Preference Statement:
South Carolina is making our Veterans a priority for employment in state agencies and institutions.
The Department of Insurance offers an exceptional benefits package for FTE positions that includes:
  • Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
  • 15 days annual (vacation) leave per year
  • 15 days sick leave per year
  • 13 paid holidays
  • State Retirement Plan (pension plan option) and Deferred Compensation Programs
  • Employee Assistance Program
    • Free counseling sessions for employees and household members
    • Free legal counseling
    • Free financial counseling
  • Flexible Work Schedules
    • Compressed work weeks
    • Part-time telecommuting
    • Flex-time
    • Contingent upon completing required probationary period
  • Free Gym Access
  • Growth Opportunities
    • Certifications/designation program allowing for salary increases and bonuses
  • Infants at Work Program
    • Employees eligible to bring their newborn/infant to the workplace
  • Free Parking

Benefits for State Employees
The state of South Carolina offers eligible employees generous benefits, including health and dental insurance; retirement and savings plan options; and paid vacation and sick leave. Plus, work-life balance programs such as telecommuting and flexible work schedules are available to employees of some state agencies.
Insurance Benefits
Eligible employees may enroll in health insurance, which includes prescription coverage and wellness benefits. Other available insurance benefits include dental, vision, term life insurance, long term disability and flexible spending accounts for health and child care expenses.
Retirement Benefits
State employees are also offered retirement plan options, including defined benefit and defined contribution plans. Additionally, eligible employees may elect to participate in the South Carolina Deferred Compensation Program, which is a voluntary, supplemental retirement savings plan offering 401(k) and 457 plan options.
Workplace Benefits
State employees may also be eligible for other benefits, including tuition assistance; holiday, annual and sick leave; and discounts on purchases, travel and more.
Note: The benefits above are available to most state employees, with the exception of those in temporary positions. Employees in temporary grant and time-limited positions may be eligible for all, some or none of these benefits as benefits are associated with each position type. For these positions, contact the hiring agency to determine what benefits may be available.
01
Have you previously analyzed financial statements (balance sheets, income statements, cash flow)? If so, describe your experience.
02
What is your experience with statutory accounting principles (SAP) or generally accepted accounting principles (GAAP)? Is any of your accounting experience insurance related?
03
Do you have experience conducting ratio analysis, trend analysis, or solvency analysis? If so, please describe your experience.
04
This role requires writing clear financial summaries and reports. How would you rate your professional writing skills?
05
If offered the position, are you willing to accept an annual salary between $58,000 - $69,200?
  • Yes
  • No

Required Question