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Insurance Risk Manager Jobs in East Orange, NJ (NOW HIRING)

Portfolio Risk Manager

Manhattan, NY · On-site

$160K - $190K/yr

Experience in mortgage/securitized products, leveraged loans etc., concentration management, risk mitigation techniques (Credit Insurance) and portfolio RWA/capital optimization would be an advantage.

Regional Risk Manager

New Rochelle, NY · On-site

$125K - $150K/yr

Manage the overall insurance program for assigned business units, including policy renewals, risk assessments, and program optimization to ensure proper coverage and cost control. * Identify ...

Manager, Risk and Insurance

Manhattan, NY · On-site

$120K - $145K/yr

Manager, Risk and Insurance Job Type: Exempt Salaried, Full-Time Location: New York, NY (office onsite) Reports To: Director, Finance Department: Finance About Us TerraForm Power is a leading owner ...

Risk Manager | Equities

New York, NY · On-site

$150K - $200K/yr

As a Risk Manager, you will be part of Jump Trading's Global Risk Management team. The department ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care options * Employer Paid Group ...

We are seeking a seasoned Risk Management Consultant with a deep background in construction-related ... Help lead insurance strategy, including placement, renewal negotiations, and broker management ...

About the role At Windcave Limited, we are seeking an experienced Risk Manager to join our team in our Lexington Ave, New York office. This is a full-time role and you will be responsible for ...

Risk Manager | Equities

Manhattan, NY · On-site

$150 - $200/hr

As a Risk Manager, you will be part of Jump Trading's Global Risk Management team. The department ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care options * Employer Paid Group ...

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible ...

As a Risk Manager, you will be part of Jump Trading's Global Risk Management team. The department manages moment-to-moment risk for all trading teams and is responsible for evaluating new trading ...

Showing results 41-60

Insurance Risk Manager information

See East Orange, NJ salary details

$86.1K

$126.7K

$194K

How much do insurance risk manager jobs pay per year?

As of Aug 16, 2026, the average yearly pay for insurance risk manager in East Orange, NJ is $126,748.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,400.00 and $144,000.00 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 job categories do people searching Insurance Risk Manager jobs in East Orange, NJ look for?

The top searched job categories for Insurance Risk Manager jobs in East Orange, NJ are:

What cities near East Orange, NJ are hiring for Insurance Risk Manager jobs?

Cities near East Orange, NJ with the most Insurance Risk Manager job openings:

Infographic showing various Insurance Risk Manager job openings in East Orange, NJ as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 22% Part Time, 2% Temporary, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $126,748 per year, or $60.9 per hour.

Portfolio Risk Manager

Nomura International

Manhattan, NY • On-site

$160K - $190K/yr

Full-time

Medical, Retirement, PTO

Re-posted 28 days ago


Job description

Job Title: Portfolio Risk Manager
Corporate Title: Vice President
Department: Risk
Location: New York
The pay range for this position at commencement of employment is expected to be between $160,000 and $190,000/year * (see below footnote for additional compensation and benefits information).
Company Overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
According to Aon's Benefit Index®, Nomura's benefits rank #1 amongst our competitors
Department Overview:
Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.
Team Overview:
The Portfolio Analytics and Monitoring ("PAM") team operates within the Portfolio Risk function as a "second line of defense," providing critical insights to inform decision-making by the Chief Risk Officer, senior management, Risk Management Committees, and other governance bodies.
The team focuses on portfolio analytics including forward-looking concentration risk analysis and detection of material risks. It collaborates closely with Market Risk, Credit Risk, and other Risk teams, as well as the first line of defense, leveraging frameworks such as stress testing and early warning indicators to provide comprehensive portfolio intelligence.
Role Description:
  • Develop a global, forward-looking view of the portfolio by leveraging multiple risk metrics and techniques (default loss, stressed exposure etc.) while integrating portfolio analytics and monitoring with Stress Testing, Risk Identification and other Risk frameworks.
  • Analyze the firm's portfolio across multiple dimensions such as rating, sector, product etc. while developing and enhancing portfolio risk frameworks (e.g., Default Risk Appetite, Sector Concentration).
  • Systematically identify, measure, and monitor material risk concentrations across the portfolio.
  • Undertake risk-return assessments and provide recommendations for portfolio optimization through what-if scenario analysis using economic/stress capital models, particularly focusing on material portfolio concentrations.
  • Develop portfolio risk analytics, controls, and dashboards to produce portfolio intelligence suited for decision-making by senior management.
  • Summarize portfolio risk findings and deliver well-articulated, impactful presentations to senior management and risk committees.
  • Foster collaboration across teams spanning risk, front office, middle office, audit, I.T. etc. and participate in global projects related to Portfolio Risk.
  • Implement strong governance, controls, and documentation for team processes and frameworks, including Risk Models owned by the team.
  • Design, build and maintain interactive tools and dashboards (e.g. Power BI) requiring advanced data handling and analysis, while utilizing Machine Learning models where appropriate.

Skills, experience, qualifications and knowledge required:
  • 8+ years of experience in core risk management roles with at least 5+ years of experience in Portfolio Risk Management (e.g., Credit Portfolio Management) with strong exposure to both loans and derivatives.
  • Experience of markets and financial products across major asset classes (FX, Credit, Equities, Rates, Loans) and their correlations.
  • A background in risk measurement techniques and metrics across risk types (Market, Credit, etc.) such as stress testing, economic loss models (IRC style), PFE, CVA, RWA, JTD etc and experience in non-financial risks (Operational Risk).
  • Master's degree or equivalent qualification in Finance, Economics, Risk Management, Quantitative Finance, Mathematics, Statistics, Engineering, or related discipline is preferred. Professional certifications such as FRM, CQF, or CFA would be advantageous.
  • Excellent analytical, quantitative, and problem-solving skills with ability to interpret and drill-down into complex portfolio risk metrics.
  • Experience in mortgage/securitized products, leveraged loans etc., concentration management, risk mitigation techniques (Credit Insurance) and portfolio RWA/capital optimization would be an advantage.
  • Entrepreneurial mindset with ability to break down silos and a proven track record in stakeholder management and cross-functional collaboration.
  • Ability to work effectively under pressure in a fast-paced environment with a high degree of engagement with senior management.
  • Exceptional interpersonal, verbal and written communication skills with proven ability to conduct presentations to senior management, including those with non-risk backgrounds.
  • Proficiency in Python for data manipulation, Extract, transform, and load (ETL) processes, and model development for data analysis and visualization tools.
  • Working knowledge of Power BI and SQL including familiarity with Power Query and M language. Experience in Alteryx and Machine Learning would be an advantage.

Nomura Leadership Behaviours
  • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
  • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
  • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
  • Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
  • Inclusion: Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

* base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired in the U.S., employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".
Nomura is an Equal Opportunity Employer