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Insurance Risk Manager Jobs in Tennessee (NOW HIRING)

The Risk Rating Manager will build and maintain relationships with partners and stakeholders across the bank, including Lines of Business, Credit, Risk, Technology, Treasury, Finance, and Audit. This ...

The Risk Rating Manager will build and maintain relationships with partners and stakeholders across the bank, including Lines of Business, Credit, Risk, Technology, Treasury, Finance, and Audit. This ...

Manage tasks of larger projects and track budgets * Under guidance of Project Manager or senior ... Knowledge of toxicology, statistics, human health risk assessment and regulatory compliance

Manage tasks of larger projects and track budgets * Under guidance of Project Manager or senior ... Knowledge of toxicology, statistics, human health risk assessment and regulatory compliance

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Insurance Risk Manager information

See Tennessee salary details

$74.9K

$110.3K

$168.8K

How much do insurance risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for insurance risk manager in Tennessee is $110,281.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,700.00 and $125,300.00 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 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 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 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 Tennessee? For Insurance Risk Manager jobs in Tennessee, the most frequently searched job titles are:
What cities in Tennessee are hiring for Insurance Risk Manager jobs? Cities in Tennessee with the most Insurance Risk Manager job openings:
Manager, Risk Management (8a-5p) Legal - Johnson City, TN

Manager, Risk Management (8a-5p) Legal - Johnson City, TN

Ballad Health

Johnson City, TN • On-site

Full-time

Posted 28 days ago


Ballad Health rating

6.4

Company rating: 6.4 out of 10

Based on 219 frontline employees who took The Breakroom Quiz

627th of 864 rated healthcare providers


Job description

Job Description:
Summary:
The Manager, Risk Management is responsible for facility-wide risk management activities, that include risk management operations, loss prevention including patient safety, claims management, risk financing. The Risk Manager interfaces and assists Legal Counsel with the coordination and investigation of claims against the facility, administering the risk management program on a day-to-day basis, managing, analyzing, and reviewing risk management data with appropriate individuals and committees, coordination of sentinel event/adverse event and root cause analysis activities, reports Unusual Events to the Tennessee Department of Health, coordinates patient safety organization activities, coordinates risk management educational programs, complying with risk management related standards as required by The Joint Commission, CMS, FDA, and other regulatory agencies, assisting with policy and procedure development and review, assists as appropriate with the investigation and resolution of patient/family complaints and grievances, when appropriate notifies the liability carrier of all actual and potential claims, and other duties as assigned. The stress level of this position is relatively high, with the need to balance priorities. The ability to assess situations in an objective and non-judgmental manner is a crucial element of the job. Active participation in and the facilitation of interdepartmental functions are essential to successful performance. This position requires well-developed facilitation skills to promote management, physician and employee support in risk management and quality improvement efforts.
Operations: Develops, coordinates, and administers facility-wide systems for risk identification, investigation, and reduction, performs risk surveys and inspects patient care areas as needed, reviews facility to assess loss potential Participates on committees directed towards promoting patient safety issues. Maintains risk management statistics and files in compliance with the TJC, Department of Health, and Federal agencies. Collects, evaluates, and distributes relevant data regarding patient injuries. Informs Management staff of risk management findings, provides feedback to eliminate risk. Works with Legal Counsel to coordinate the investigation, processing, and defense of claims against the facility. Responds to professional liability and facility questions posed by physicians, nurses, and other personnel. Assists security on procedures to reduce the frequency and/or minimize the severity of property loss or assets. Provides assistance to departments in complying with TJC regarding risk management related standards. Recommends appropriate revisions to new or existing policies and procedures to reduce the frequency of future occurrences; recommends ways to minimize risks through system changes.
Loss Prevention/Patient Safety: Participates in the process of disclosure for medical errors. Analysis of patient safety and medical errors. Coordinates Sentinel Event Committee and Root Cause Analysis investigation and reporting of adverse events to the appropriate individuals. Monthly review hospital acquired conditions reports and validates conditions and takes appropriate action for risk reduction. Responsible for reporting Unusual Events to the Tennessee Department of Health. Maintains awareness of legislative and regulatory activities related to healthcare risk management. Complies with various codes, laws, rules, and regulations. Provides in-service training to team members to enhance their awareness of their role in reducing liability exposures. Participates on select committees related to the provision of patient safety. Notifies biomedical and materials management when notifies of product recalls.
Claims Management: Investigates and analysis actual and potential risks in the facility; assesses liability and probability of legal action for potential notification to insurance carriers. Informs administration of those incidents with claims potential; reports to a higher authority any serious event involving actual or potential injuries to patients or visitors. Assists appropriate management staff in the resolution of patient and/or family grievances.
Risk Financing: Notifies the liability carrier of all actual and potential claims. When necessary may act as a liaison with the insurance carrier; assists with surveys when needed. Provides insurance information to outside agencies. The stress level of this position is relatively high, with the need to balance priorties. The ability to assess situations in an objective and non-judgmental manner is a crucial element of the job. Active participation in and the facilitation of interdepartmental functions are essential to successful performance. This position requires well-developed facilitation skills to promote management, physician and employee support in risk management and quality improvement efforts.
Requirements:
Bachelor's degree in a health related field is preferred. A minimum of five years experience in a hospital setting is required, with a minimum of three years experience at a supervisory level. Supervisory experience should include hands on involvement with Human Resource management, goal setting, project management, and continuous quality improvement efforts. Strong management skills are needed in order to effectively plan and coordinate activities to be accomplished by others. Excellent verbal and written communication skills are essential for this position in performance standards to effectively carry out key education and communication functions. Formal presentation skills and experience are needed. Demonstrated excellent interpersonal skills and the ability to balance multiple priorities at once are essential for successful performance.
Work Requirements:
Shift: Day
On Call: No
Weekends: No
Travel Required: No Travel
Shift Details: Day
City/State: Johnson City, TN
Location:
Johnson City Medical Center

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About Ballad Health

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Become a part of the Ballad Health story. Together, we are transforming our region. We're making communities healthier. We're expanding access to critical services in rural areas.

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Johnson City, TN, US