1

Insurance Risk Manager Jobs in Edison, NJ (NOW HIRING)

Regional Risk Manager

New York, 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 ...

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 ...

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.

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 ...

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 ...

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.

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

Showing results 21-40

Insurance Risk Manager information

See Edison, NJ salary details

$85.4K

$125.8K

$192.6K

How much do insurance risk manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for insurance risk manager in Edison, NJ is $125,789.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,600.00 and $142,900.00 per year, depending on experience, location, and employer.

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 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 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 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 Edison, NJ look for?

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

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

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

Infographic showing various Insurance Risk Manager job openings in Edison, NJ as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $125,789 per year, or $60.5 per hour.

Medical Professional Liability Risk Manager

Foundation Risk Partners

Edison, NJ • On-site

$100K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Foundation Risk Partners rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

109th of 315 rated insurance


Job description

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Medical Professional Liability Risk Manager to their Cornell Insurance Services team in the Edison, NJ office.
Job Summary:
The Medical Professional Liability Risk Manager is focused on identifying, assessing, and mitigating clinical risks for healthcare providers within an insurance brokerage firm, utilizing their medical expertise to analyze potential claims, advise clients on risk reduction strategies, and work with underwriters to secure appropriate coverage based on clinical risk factors.
Essential Functions:
  • Clinical Risk Assessment:
    • Review medical records, incident reports, and claims data to identify potential clinical risks associated with patient care, including medication errors, standard of care compliance risks, and diagnostic errors.
    • Detect and manage risk exposure
    • Maintain and update an organization's policies
    • Improve documentation practices
    • Seek ways to reduce the legal exposure of the organization
    • Create and maintain risk audit databases
    • Identify for clients' ways to take the steps needed to prevent data breaches
    • Investigate any events that result in death or injuries
  • Trend Analysis:
    • Analyze clinical data to identify trends and patterns of risk within a healthcare provider's practice, allowing for proactive risk mitigation strategies.
  • Risk Mitigation Consulting:
    • Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims.
  • Claims Review and Analysis:
    • Evaluate clinical aspects of claims, including medical necessity and appropriateness of treatment, to identify areas for improvement and potential cost savings.
  • Underwriting Support:
    • Collaborate with underwriters to assess clinical risk profiles of healthcare providers, informing coverage recommendations and premium calculations.
  • Education and Training:
    • Develop and deliver clinical risk management training programs for healthcare providers, including staff on topics like informed consent, documentation best practices, and patient safety.
  • Regulatory Compliance:
    • Stay updated on relevant healthcare regulations and industry standards to ensure clients are adhering to appropriate clinical risk management practices.

Competencies & Qualifications:
  • Clinical Background:
    • Registered Nurse (RN), Physician Assistant (PA), or other relevant healthcare professional license with significant clinical experience.
  • Risk Management Knowledge:
    • Understanding of risk management principles, including risk identification, assessment, mitigation, and transfer.
  • Analytical Skills:
    • Ability to analyze complex medical data and identify potential risk factors.
  • Communication Skills:
    • Effective communication skills to interact with healthcare providers, underwriters, and clients, explaining complex clinical issues in a clear and concise manner.
  • Problem-Solving Skills:
    • Ability to identify root causes of clinical incidents and develop practical solutions to mitigate risk.

Note: The specific responsibilities of an insurance broker clinical risk management role may vary depending on the size and focus of the brokerage firm, as well as the healthcare provider clientele they serve.
Education & Experience:
  • Bachelor's degree in Nursing, or other health related science
  • Master's preferred
  • 3-5 years Risk Management experience preferred
  • Skilled Nursing Facility experience preferred in the geriatric field
  • RN, NP or P.A. or allied health professional licensure
  • CPHRM preferred

This range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.
Pay Transparency Range
$100,000-$125,000 USD
Disclaimer:
While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.
Equal Employment Opportunity (EEO):
FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.
Benefits:
FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!

What Foundation Risk Partners employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom