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Insurance Risk Manager Jobs in Groton, CT (NOW HIRING)

GILEAD - Case Manager- Union

Chester, CT · On-site

$18.89 - $20.69/hr

Insures program compliance through the timely and accurate reporting of data as needed. * Consults and monitors medical and mental health needs regarding risk management. Implements risk management ...

Investigator

West Greenwich, RI · On-site

$30 - $35/hr

Ethos Risk Services is a leading insurance claims investigation and medical management company, specializing in surveillance and fraud detection. At the forefront, we provide accurate data and ...

Ethos Risk Services is a leading insurance claims investigation and medical management company, specializing in surveillance and fraud detection. At the forefront, we provide accurate data and ...

Investigator

West Greenwich, RI · On-site

$30 - $35/hr

Ethos Risk Services is a leading insurance claims investigation and medical management company, specializing in surveillance and fraud detection. At the forefront, we provide accurate data and ...

Branch Managers must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions. In addition, Insurance licensing minimum ...

Branch Managers must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions. In addition, Insurance licensing minimum ...

Branch Managers must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions. In addition, Insurance licensing minimum ...

ESIS Senior Claims Assistant

Ledyard, CT · On-site

$18 - $22.75/hr

Greet visitors, answer the door, and direct individuals to ESIS, Risk Management, Onsite Clinic ... Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial ...

ESIS Senior Claims Assistant

Ledyard, CT · On-site

$18 - $22.75/hr

Greet visitors, answer the door, and direct individuals to ESIS, Risk Management, Onsite Clinic ... About Us Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides ...

Risk Management and Compliance. 35% * Collaborate with Finance, Legal, and IT to strengthen ... dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other ...

Advise senior management (e.g., CIO) on risk levels and security posture. * Ensure security ... Choice of two medical insurance programs through Blue Cross & Blue Shield. * Dental Benefits: A ...

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See Groton, CT salary details

$82K

$120.8K

$185K

How much do insurance risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for insurance risk manager in Groton, CT is $120,821.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,400.00 and $137,200.00 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 job categories do people searching Insurance Risk Manager jobs in Groton, CT look for? The top searched job categories for Insurance Risk Manager jobs in Groton, CT are:
What cities near Groton, CT are hiring for Insurance Risk Manager jobs? Cities near Groton, CT with the most Insurance Risk Manager job openings:
Commercial Risk Advisor (Property & Casualty Insurance)

Commercial Risk Advisor (Property & Casualty Insurance)

First Citizens Bank

Carolina, RI • On-site, Remote

Full-time

Posted 3 days ago


First Citizens Bank rating

7.6

Company rating: 7.6 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

79th of 141 rated banks


Job description

Overview

This advisory sales position is key to the growth and success of First Citizens Insurance Services.  The successful candidate will be able to demonstrate a proven track record of successfully creating and maintaining a commercial insurance book of business by using their knowledge and a value-added approach to their relationships.  These relationships will span customers, critical bank partners, insurance carriers, agency team members and other centers of influence. 

The position offers an exciting opportunity with a broad territory and network of First Citizens team members, who also have responsibility in developing insurance opportunities.  There is flexibility and support for building industry specialization to help grow the Advisor’s book of business.  In short, this role can make a difference for our customers and organization by providing high quality insight and solutions.

As a member of a strong insurance sales and service team, this an opportunity to take the next step in your career in a dynamic work environment.  Our proprietary sales and service platform, First Citizens Insurance Services’ Beacon Program, will help drive book growth.  We offer a competitive compensation package that rewards success. 

First Citizens is one of the top financial services providers in the nation, recognized and awarded for our customer satisfaction, sustainable profitability, and overall stability and security. Our associates make First Citizens a great place for our clients to do business. Those who grow, achieve and succeed, share our core values of integrity and service excellence.

This is a remote role that may only be hired in North Carolina.   Based on candidates location, there could be desired office space.


Responsibilities
  • Sales – Work within an internal bank partner network to sell deeper into Bank relationships. Use your risk and insurance knowledge to build robust commercial insurance programs for customers.  Work with your centers of influence outside of the First Citizens customer base to grow an industry specialized book of business.
  • Business Strategy – Partner with key bank relationships, interact through their sales process and support their efforts to meet their insurance partner selling goals. Grow your business by developing and actively marketing an industry niche with support from our agency sales and service platform.  Continually work to develop your skills and knowledge to be a leader in this constantly evolving industry. 
  • Relationship Development –Build and strengthen productive relationships inside and outside our organization. Collaborate effectively to define and work towards mutual success.  Support the learning of those around you.
  • Inter-agency Support – Work closely and cooperatively with agency team members to exceed personal and agency revenue targets. Work within the sales process and productively represent the needs and responsibilities of the commercial sales team to both internal and external partners.

Qualifications

Bachelor's Degree and 4 years of experience in P&C Insurance OR High School Diploma or GED and 8 years of P&C experience.

License or Certification Type: Property & Casualty Insurance License Required

Preferred Qualifications:

Candidate reside in North Carolina.

Excellent leadership and collaborative skills.

Strong experience with and understanding of the delivery of commercial insurance service.

P&C solutions and risk management techniques

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Qualifications:

Bachelor's Degree and 4 years of experience in P&C Insurance OR High School Diploma or GED and 8 years of P&C experience.

License or Certification Type: Property & Casualty Insurance License Required

Preferred Qualifications:

Candidate reside in North Carolina.

Excellent leadership and collaborative skills.

Strong experience with and understanding of the delivery of commercial insurance service.

P&C solutions and risk management techniques

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Education:UNAVAILABLEEmployment Type: FULL_TIME

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