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

Mace

Risk Manager

Indianapolis, IN · Hybrid

Accountable for supporting the risk management performance and effective implementation of risk framework(s)/strategy(s). * Contributes to team performance, driving performance and results, whilst ...

Kinetic Advantage LLC

Risk Manager

Indianapolis, IN · On-site

Job Summary: The Risk Manager determines a customer's appropriate level of risk and opportunity based on the customer's ongoing performance, personal and business credit data, and customer ...

KINETIC ADVANTAGE LLC

Risk Manager

Indianapolis, IN · On-site

Job Summary: The Risk Manager determines a customer's appropriate level of risk and opportunity based on the customer's ongoing performance, personal and business credit data, and customer ...

KINETIC ADVANTAGE LLC

Risk Manager

Indianapolis, IN · On-site

Job Summary: The Risk Manager determines a customer's appropriate level of risk and opportunity based on the customer's ongoing performance, personal and business credit data, and customer ...

PNC Bank

LOB Risk Mgr II

Indianapolis, IN · On-site

$123K - $228K/yr

As a Line of Business Risk Manager II within PNC's Private Banking organization, you will be based ... This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act ...

Crowe LLP

Third Party Risk Manager

Indianapolis, IN

The Third Party Risk Manager position will be primarily responsible for managing and leading the assessment of the information security posture of key clients' third parties while overseeing the ...

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All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Indianapolis, IN

Insurance Risk Manager information

See Indianapolis, IN salary details

$78.9K

$116.1K

$177.8K

How much do insurance risk manager jobs pay per year?

As of Aug 5, 2026, the average yearly pay for insurance risk manager in Indianapolis, IN is $116,143.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,500.00 and $131,900.00 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 are popular job titles related to Insurance Risk Manager jobs in Indianapolis, IN? For Insurance Risk Manager jobs in Indianapolis, IN, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Indianapolis, IN look for? The top searched job categories for Insurance Risk Manager jobs in Indianapolis, IN are:
What cities near Indianapolis, IN are hiring for Insurance Risk Manager jobs? Cities near Indianapolis, IN with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Indianapolis, IN as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 22% Part Time, and 6% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $116,143 per year, or $55.8 per hour.

Analyst, Risk Management & Insurance

Simon Property Group, Inc.

Indianapolis, IN • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Simon Property Group rating

7.9

Company rating: 7.9 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

75th of 201 rated real estate companies

Job description

Job Location:
Corporate Indianapolis
Job Description
PRINCIPAL RESPONSIBILITIES:
  • Completes renewal applications and collaborates with insurance brokers to prepare underwriting submissions.
  • Collects, reviews, analyzes, and updates exposure data to support insurance policy renewals.
  • Manages and maintains insurance exposure data, documents, and electronic risk management files. Assures compliance with corporate documentation retention policies.
  • Reviews insurance policies for quality control and coverage adequacy.
    Coordinates renewal strategy meetings with insurance broker and internal stakeholders.
  • Assists with annual budgeting and auditing processes.
  • Analyzes loss runs and performs ongoing risk evaluations.
  • Tracks and reviews insurance premium allocations, fees, and charges.
  • Reviews and processes department invoices.
  • Assists internal customers with general contract reviews, insurance certificate requests, proof of insurance, claims questions.
  • Coordinates and Manage Certificates of Insurance and Auto ID Cards requests.
  • Reports and manages Property Insurance Claims.
  • Responds to information requests for claims and maintains electronic claim files.
  • Assists with other claims management items and oversight as directed by supervisor.
  • Supports the development of and compliance with risk management policies, procedures, and guidelines.
  • Engages with internal business units to understand needs and identifies opportunities to provide solutions to specific risk issues.
  • Tracks and follows up on Property Loss Engineering recommendations. Coordinates with property management and operations as needed on recommendations.
  • Other duties as assigned.

EDUCATION AND EXPERIENCE:
  • Bachelor's Degree is required, with a degree in Risk Management, Finance, Business, Economics or related field preferred.
  • Recent Risk Management college graduate and/or 1-3 years of Risk Management and Insurance experience preferred.
  • Relative knowledge and experience in the areas of Insurance, Risk Management, Safety & Health preferred.
  • Preferred Skills And Abilities
  • Experience and skilled with Microsoft Programs, particularly Excel
  • Strong written and oral communication skills
  • Strong computer skills
  • Continuous Improvement focus/ Ability to Identify Process Improvements
  • Ability to work effectively in a collaborative fast-paced team environment.
  • Strong analytical skills.
  • Detail-oriented and highly organized with a focus on quality and consistency and strength in documentation.
  • Travel may be required, estimated- 5%

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