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

You'll be a key connection point between country entities, Group Insurance, brokers and insurers supporting policy placement and renewal, claims management and delivery of the Group Insurable Risk ...

Collaborate with the portfolio risk team to track credit performance and take action to manage the ... Life Insurance (Basic, Voluntary & AD&D) * Short Term / Long Term Disability * Robust Ancillary ...

OR • Associates degree in Insurance, Risk Management, Business Administration, or related field and 4 years' experience within the New York insurance market, specifically regarding Workers ...

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Showing results 1-20

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 Jul 30, 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 job categories do people searching Insurance Risk Manager jobs in Buffalo, NY look for? The top searched job categories for Insurance Risk Manager jobs in Buffalo, NY 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 July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $117,698 per year, or $56.6 per hour.

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Posted 6 days ago


Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. HSBC may engage in immigration sponsorship for this position if needed. As Regional Insurable Risk Manager you'll own insurable risk management for the US and provide oversight across the Americas.

You'll be a key connection point between country entities, Group Insurance, brokers and insurers supporting policy placement and renewal, claims management and delivery of the Group Insurable Risk strategy across the region. This role matters because it helps ensure the business has the right coverage in place, manages claims effectively and maintains strong governance in a regulated environment. Success looks like smooth renewals, clear oversight of local processes that support global programs and consistent reporting for key stakeholders.

You'll also support optimization of insurable risk financing through the Group captive and preferred strategic insurers. This role gives you scope to improve how we place coverage, manage claims and strengthen governance across the region. You'll connect local priorities with Group strategy and help keep renewals and claims activity running smoothly.

The work spans policies, controls, supplier management and reporting for senior stakeholders, regulators and committees. If you'd like to build impact across the US and the Americas we'd welcome your application. As our Regional Insurable Risk Manager, you will: Own insurable risk management for the US and provide oversight across the Americas Partner with country entities, Group Insurance, brokers and insurers to support policy placement, renewal and claims management Implement the Group Insurable Risk strategy locally and represent local entity needs where required Support optimization of insurable risk financing through the Group captive and preferred strategic insurers Maintain regular dialogue with senior country and regional stakeholders and provide clear practical advice Help determine local insurable risk appetite where required Oversee local processes supporting global programs including premium collections and documentation Support sourcing of local covers and relevant infills such as Crime, PI and Cyber where needed Govern operational delivery and controls including operating model improvements, management information and reporting frameworks and budget and cost center management Act as the US Third Party Engagement Manager for insurable risk suppliers including contract monitoring and supplier management activities Contribute to reporting for boards, regulators and committees and support planning and budgetary reporting Youll likely have the following qualifications to succeed in this role: Bring demonstrated expertise across business insurance classes relevant to banking and multinational organizations Apply strong knowledge of insurance regulation and market practices Hold ACII, CPCU, ARM or similar professional designation, or bring equivalent demonstrable experience Demonstrate experience working within a global organization across geographic and cultural boundaries Show experience implementing global strategies with significant stakeholder management complexity Communicate clearly and provide practical advice to senior stakeholders Advanced written and spoken English, with Spanish and Portuguese preferred As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow.

We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.

We value difference. We succeed together. We take responsibility.

We get it done. And we want you to help us build the bank of the future. Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.