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Insurance Risk Manager Jobs in Wisconsin (NOW HIRING)

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

Identify and report those occurrences as required by the Safe Medical Devices Act. * Assist director of risk management with insurance and claim management programs when necessary. * Work closely ...

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

Identify and report those occurrences as required by the Safe Medical Devices Act. * Assist director of risk management with insurance and claim management programs when necessary. * Work closely ...

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Showing results 1-20

Insurance Risk Manager information

See Wisconsin salary details

$83.3K

$122.6K

$187.7K

How much do insurance risk manager jobs pay per year?

As of Jul 1, 2026, the average yearly pay for insurance risk manager in Wisconsin is $122,642.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,900.00 and $139,300.00 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 Wisconsin? For Insurance Risk Manager jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Wisconsin look for? The top searched job categories for Insurance Risk Manager jobs in Wisconsin are:
What cities in Wisconsin are hiring for Insurance Risk Manager jobs? Cities in Wisconsin with the most Insurance Risk Manager job openings:
Associate Business Analyst

Associate Business Analyst

Old Republic Risk Management

Brookfield, WI

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 20 days ago


Job description

Associate Business Analyst (On-Site in Brookfield, WI)Who We Are
Old Republic Risk Management (ORRM) serves the casualty needs of large corporate and group clients across industries that are fundamental to the North American economy. Through our innovative unbundled claims and risk control business model, ORRM pioneered the alternative market approach to insurance risk management and has partnered with Fortune 500 companies and leading public and private organizations since the early 1950s.
 
We are seeking a highly motivated, entry-level Associate Business Analyst who is excited to learn, build, and improve how the business uses data to make decisions—especially through Power BI-driven reporting and analytics.

Position Summary
The Associate Business Analyst is based fully on site at Old Republic Risk Management's Brookfield Office. This is an entry-level, development-focused role designed for someone early in their career who wants to grow into a strong analytics and Power BI expert while helping improve business performance through data.
 
You will design, build, and continuously improve Power BI dashboards, data models, and reporting solutions that are used by business leaders to monitor performance, identify trends, and drive decisions.
 
Beyond reporting, you will partner with stakeholders to understand business processes and use analytical insights to identify inefficiencies and support process improvement initiatives.
 
This role sits at the intersection of:
  • Power BI development and analytics
  • business process improvement
  • data-driven decision-making

Essential Duties and Responsibilities
The below functions reflect the general details necessary to describe the essential functions of this position and should not be construed as a detailed description of all work requirements. Other duties may be assigned.
 
As an Associate Business Analyst, you will:
  • Partner with business and technical stakeholders to understand business needs, processes, and objectives, and translate those needs into clear business requirements and actionable solutions.
  • Analyze business processes, workflows, systems, and data to identify trends, risks, inefficiencies, and opportunities for operational improvement and enhanced business performance.
  • Develop and maintain reports, dashboards, analyses, and Power BI solutions that provide meaningful insights and support data-driven decision-making.
  • Support business and technology initiatives by participating in requirements management, testing, implementation activities, and cross-functional project efforts.
  • Prepare and maintain business and project documentation, including requirements, process maps, user guides, meeting notes, and status updates.
In this role, Power BI is not a tool you occasionally use—it is the foundation of how insights are delivered to the business.

QualificationsEducation and Experience
This is an entry-level role designed for someone beginning their career in analytics, business intelligence, or business analysis.
  • Bachelor’s degree in Business Administration, Data Analytics, Information Systems, or related field
  • At least 2 years of hands-on experience developing Power BI solutions, including data modeling and building reporting solutions using financial and/or workflow data.
  • Equivalent combinations of education, training, certifications, and experience will also be considered

Technical and Professional Skills
The ideal Associate Business Analyst will demonstrate:
  • Proficiency in Microsoft Power BI, including Power Query and DAX
  • Strong understanding of data modeling, reporting, and analytical best practices
  • Understanding of data modeling and reporting best practices in Power BI
  • Familiarity with Excel and Microsoft Office tools
  • Basic SQL and relational data understanding
  • SharePoint experience is a plus
And just as importantly, you will bring:
  • A Power BI-first mindset for solving business problems
  • A strong desire to improve how organizations use data
  • Curiosity about how processes work and how dashboards can improve them
  • Strong analytical thinking and structured problem-solving
  • High attention to detail and data accuracy
  • Strong communication and storytelling skills through data
  • Ability to thrive in a fast-paced, evolving environment
  • Initiative, ownership, and a continuous improvement mindset
  • Comfort working independently while collaborating across teams

Build and Grow with ORRM
This entry-level role is designed for people who want to:
  • take ownership of meaningful Power BI development work from early in their career
  • build dashboards that are actively used by business leaders every day
  • directly influence how performance is measured and understood
  • improve processes by turning Power BI insights into action
  • grow into strong analytics, BI, and business transformation professionals
If you’re someone who thinks, “this could be visualized better,” “this process could be smarter,” or “this should be automated in a dashboard”—you’ll thrive here.
 

Financial Benefits
  • Salary Range: $60,000.00–$65,000.00 annually. Compensation is commensurate with education and experience and will be determined in accordance with internal equity and organizational compensation practices.
  • 401(k) Savings & Profit-Sharing Plan, including company match contribution
  • Roth investment options
  • 529 Education Savings Plan
  • Employee Referral Bonus Program

Health Benefits
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Flexible Spending Account (FSA) options
  • Health Savings Account (HSA) options
  • Life Insurance and Supplemental Life Insurance
  • Long-Term Disability Insurance
  • Accident & Critical Illness Insurance
  • Pet Insurance

Work-Life Balance
  • 37.5-hour standard work week
  • Hybrid work opportunities available after training
  • Casual business attire
  • Generous paid time off (PTO)
  • Paid holidays
  • Volunteer opportunities
  • Company-sponsored events and outings
#LI-VG

Old Republic Risk Management is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.