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Insurance Risk Manager Jobs in Carmel, IN (NOW HIRING)

Mace

Risk Lead

Indianapolis, IN · Hybrid

$130K/yr

Lead risk management performance, establishing robust frameworks and advising project teams on key risks, opportunities and mitigations. * Facilitate risk workshops, deliver QRA for cost and time ...

USI Holdings Corporation

Personal Risk Specialist

Carmel, IN · On-site

$98.30K/yr

Develop and oversee preparation of proposals for Personal Risk Management clients and prospects, research and assist in writing responses to clients and present individual personalized insurance ...

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Insurance Risk Manager information

See Carmel, IN salary details

$82.4K

$121.3K

$185.7K

How much do insurance risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for insurance risk manager in Carmel, IN is $121,317.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,800.00 and $137,800.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Risk Manager, 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 job categories do people searching Insurance Risk Manager jobs in Carmel, IN look for? The top searched job categories for Insurance Risk Manager jobs in Carmel, IN are:
What cities near Carmel, IN are hiring for Insurance Risk Manager jobs? Cities near Carmel, IN with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Risk Lead

Risk Lead

Mace

Indianapolis, IN • Hybrid

$130K/yr

Full-time

Posted 4 days ago

Job description

Risk Lead, Lebanon
 
Mace combines global delivery consultancy experience to unlock potential in every person or project and redefine the boundaries of ambition. Our values shape the way we consult and define the people we want to join us on our journey.
 
You'll be responsible for:
  • Lead risk management performance, establishing robust frameworks and advising project teams on key risks, opportunities and mitigations.
  • Facilitate risk workshops, deliver QRA for cost and time, and provide clear monthly reporting.
  • Strengthen client relationships, ensuring compliance with Mace Control Centre and legislative requirements.
  • Mentor teams, integrate risk with PMO and Planning, support resourcing, and drive netzero aligned delivery.
     
You'll need to have:
  • Proven risk leadership on major construction projects, with strong sector experience and effective framework implementation.
  • Expert in risk tools, analytics and reporting suites, with sound planning software knowledge.
  • Strong communicator with the ability to influence stakeholders and present complex information clearly.
  • Degreequalified and professionally accredited, with experience managing multiple priorities in fastpaced environments.
 
The estimated salary for this position is $130,000. Starting salary may vary based on permissible, non-discriminatory factors such as experience, skills, and qualifications.
 
Our values
Safety first - Going home safe and well: We champion a safe, diverse and inclusive working environment, understanding the importance of wellbeing in every team.
 
Client focus - Deliver on our promise: We own the quality of deliverables, strategic outcomes and build long term relationships with our clients.
 
Integrity - Always do the right thing: We influence positive outcomes within our industry, while always aligning with our compliance obligations.
 
Create opportunity - For our people to excel: We champion a continuous improvement culture throughout all activities, inspiring our people and teams to develop.
 
Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all the criteria, please apply as you may still be the best candidate for this role or another role within our organisation.
 
We are also open to discussing part time, flexible, and hybrid working options if suitable with-in the role.

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