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Insurance Risk Manager Jobs in Buffalo, NY (NOW HIRING)

Internal Audit Manager

Buffalo, NY · Hybrid

$97K - $129K/yr

JOB OPEN - Buffalo, NY P&C Insurance - Risk- Based AUDIT MANAGER Hybrid work week Working this with our split partner. Here is your ground-floor opportunity to create and lead a Risk-Based Internal ...

As theSenior Credit Risk Audit Manager, you will: * Perform quality audit work in accordance with the Group Audit Instruction Manual (AIM) to ensure controls are in place to effectively manage credit ...

The individual will report to the Segment Risk Manager responsible for oversight of market risk. The analyst will have regular, direct interaction with senior members of the Treasury group and play a ...

The individual will report to the Segment Risk Manager responsible for oversight of market risk. The analyst will have regular, direct interaction with senior members of the Treasury group and play a ...

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Insurance Risk Manager information

See Buffalo, NY salary details

$79.9K

$117.7K

$180.2K

How much do insurance risk manager jobs pay per year?

As of Jun 12, 2026, the average yearly pay for insurance risk manager in Buffalo, NY is $117,698.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,800.00 and $133,700.00 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 Buffalo, NY? For Insurance Risk Manager jobs in Buffalo, NY, the most frequently searched job titles are:
What cities near Buffalo, NY are hiring for Insurance Risk Manager jobs? Cities near Buffalo, NY with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Buffalo, NY as of June 2026, with employment types broken down into 92% Full Time, 4% Part Time, and 4% Contract. Highlights an 85% In-person, 11% Hybrid, and 4% Remote job distribution, with an average salary of $117,698 per year, or $56.6 per hour.
Internal Audit Manager

Internal Audit Manager

Lost Dutchman Search

Buffalo, NY • Hybrid

$97K - $129K/yr

Full-time

Posted 10 days ago


Job description

JOB OPEN - Buffalo, NY
P&C Insurance - Risk- Based AUDIT MANAGER
Hybrid work week
Working this with our split partner. Here is your ground-floor opportunity to create and lead a Risk-Based Internal Audit Unit! You will set strategy, protocols, create training manuals, create and manage and execute the audit program, etc.
Our P&C insurance carrier client is growing and needs to strengthen the company’s governance, risk management, and controls environment. CPA or CIA is strongly preferred. Client is targeting a minimum of 8 years of P&C/public internal audit experience.
Your background should include exposure to reinsurance structures and fronting arrangements. Your audit experience should be far reaching - underwriting, claims, governance, compliance, premium billing/collections, reinsurance, MGA's TPA's, loss reserving, internal controls and financial reporting.
Will report to the CFO. Bonus eligible, carrier fosters a positive work/life balance and offers growth and promotion. Culture is fast paced, full of energy, collaborative and full of opportunity!
Jeanine Drahota, Lost Dutchman Search
"Mining for insurance talent, exclusively"