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Insurance Risk Manager Jobs in Berlin, CT (NOW HIRING)

HomeServices Insurance

Insurance Producer

Hartford, CT · On-site

$19.23 - $24.03/hr

Market and sell personal lines insurance policies. Proactively contact all leads to recommend ... Working knowledge of risk assessment and risk management techniques. * Excellent analytical ...

Newcastle

Operational Risk Specialist

Cobalt, CT · Hybrid

$99K/yr

About You We're looking for someone with a solid understanding of Operational Risk Management ... Private medical insurance * Access to a health cash plan through a Medicash scheme * Access to an ...

Munich Re

Senior IT Risk Officer

Hartford, CT · Hybrid

What You Bring * 8+ years of experience in IT audit, IT compliance, technology risk management, or a related field, ideally within insurance, reinsurance, banking, financial services, or another ...

Munich RE

Senior IT Risk Officer

Hartford, CT · On-site

What You Bring * 8+ years of experience in IT audit, IT compliance, technology risk management, or a related field, ideally within insurance, reinsurance, banking, financial services, or another ...

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All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Berlin, CT

Insurance Risk Manager information

See Berlin, CT salary details

$81.8K

$120.4K

$184.4K

How much do insurance risk manager jobs pay per year?

As of Aug 12, 2026, the average yearly pay for insurance risk manager in Berlin, CT is $120,437.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,100.00 and $136,800.00 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 cities near Berlin, CT are hiring for Insurance Risk Manager jobs? Cities near Berlin, CT with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Berlin, CT as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $120,437 per year, or $57.9 per hour.

2027 Group Benefit Solutions (GBS) Underwriting Summer Internship Program (Farmington, CT)

New York Life Insurance Co

Farmington, CT • On-site

Full-time, Temporary, Internship

Life

Posted 14 days ago

Job description

Job Requisition ID: 94517
Location Designation: Hybrid - 3 days per week
Group Benefit Solutions deliverscomprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life's legacy of beingthere when we're needed most. Here, you'll design, implement, and support these solutions directly impacting employees' lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.
Role Overview
If you're looking to apply strong analytical and quantitative skills in a collaborative, fast-paced environment, an Underwriting internship in Group Benefit Solutions offers an opportunity to gain hands-on experience while building a strong foundation in insurance underwriting.
During this 10-week summer internship, you will learn how underwriters evaluate risk, assess potential customers, and develop pricing recommendations for group insurance solutions. Through formal training, mentorship, networking opportunities, and real-world underwriting assignments, you will gain exposure to the underwriting profession while contributing to meaningful business outcomes that help deliver financial protection and peace of mind to millions of people.
What You'll Do
  • Participate in structured training sessions to build a foundational understanding of Group Benefits underwriting principles, products, and risk evaluation.
  • Partner with an experienced underwriter through one-on-one mentorship while engaging with senior leaders and expanding your professional network.
  • Analyze real underwriting cases by assessing risk factors and contributing to pricing decisions that support business growth and profitability.
  • Collaborate with fellow Group Benefit Solutions interns on a summer-long project that strengthens analytical thinking, problem-solving, and teamwork skills.
  • Attend speaker sessions and learning events led by New York Life leaders across Underwriting, Finance, and related business functions to broaden your understanding of the organization.

What You'll Bring
  • Rising senior pursuing a bachelor's degree in Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management, or a related field.
  • Strong analytical, quantitative, and critical thinking skills with a high level of comfort working with numbers.
  • Effective written and verbal communication skills with the ability to present ideas clearly.
  • Proficiency with Microsoft Office applications, particularly Microsoft Excel and Word.
  • Interest in pursuing a career in underwriting and the insurance industry.
  • Customer-focused mindset with strong organizational skills and attention to detail.

Preferred Skills
  • Overall GPA of 3.0 or higher.
  • Previous coursework or internship experience related to finance, insurance, risk management, or data analysis.
  • Experience working collaboratively on team-based projects.
  • Demonstrated curiosity, initiative, and commitment to continuous learning.

To be eligible for this program, you must be authorized to work in the U.S. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, this program is not available to those authorized to work under optional practical training (OPT) or curricular practical training (CPT).
Curious what it's like to intern at NYL? Check out #NYLEarlyCareers on LinkedIn!
#GBScampus
#LI-MW1
Pay Transparency
Salary range: 21/ hour
Overtime eligible: Nonexempt
Discretionary bonus eligible: No
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location.In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
About NY Life Insurance Company
Diversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.
As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.
You are our future, and we commit to investing in you accordingly.
Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Required Legal Notices - All Candidates Please Click Here

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