ZipRecruiter

Log In

1

Insurance Risk Manager Jobs in Madison, WI (NOW HIRING)

previous page

Showing results 41-60

All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Madison, WI

Insurance Risk Manager information

See Madison, WI salary details

$83.1K

$122.5K

$187.4K

How much do insurance risk manager jobs pay per year?

As of Aug 12, 2026, the average yearly pay for insurance risk manager in Madison, WI is $122,451.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,800.00 and $139,100.00 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 Madison, WI? For Insurance Risk Manager jobs in Madison, WI, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Madison, WI look for? The top searched job categories for Insurance Risk Manager jobs in Madison, WI are:
What cities near Madison, WI are hiring for Insurance Risk Manager jobs? Cities near Madison, WI with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Madison, WI as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 20% Part Time, and 6% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $122,451 per year, or $58.9 per hour.

Vice President (Casualty Insurance)

Understory

Madison, WI • On-site

Full-time

Re-posted 6 days ago

Job description

Are you an experienced insurance sales professional and excited to use your deep expertise in developing packaged casualty offerings? Do you enjoy working directly with brokers and clients while quarterbacking complex insurance sales cycles from first conversation through bind and renewal?
Understory is looking for a VP, Casualty Insurance to support new business development and client relationships across our growing P&C insurance portfolio. This is an individual contributor role focused on insurance sales, driving deal execution and consistently hitting or exceeding quota expectations.
This role is ideal for someone with significant insurance or insurtech experience who wants to build and lead our Casualty offering.
Your Main Responsibilities Will Include
  • Support new business sales efforts across P&C insurance products, including prospect research, outreach, meeting preparation, and follow-up.
  • Work closely with other members of the sales team, along with our underwriting and product leaders to identify and move deals through the pipeline.
  • Manage broker and client communications, including scheduling meetings, preparing materials, and responding to inbound questions.
  • Drive the end-to-end complex sales process, from initial introduction through quote, bind, and renewal.
  • Maintain accurate pipeline tracking and documentation in CRM systems (Salesforce).
  • Analyze underwriting considerations, pricing, and risk structures to develop client-facing solutions.
  • Support renewal and expansion efforts by preparing performance summaries, coverage updates, and renewal materials.
  • Develop a strong foundational understanding of Understory's products, value proposition, and target customer segments.
You're Exactly the Person We're Looking For If You
  • Have 8+ years of experience in insurance, insurtech, or a client facing brokerage role specializing in commercial business
  • Have deep experience with property & casualty insurance sales, consistently hitting or overachieving on sales goals and quota
  • Preference towards candidates with Captive, E&S, Dealer Open Lot or Parametric experience
  • Are comfortable managing longer, complex and high premium sales cycles
  • Are organized, detail-oriented, and comfortable managing multiple deals or accounts at once.
  • Communicate clearly and professionally with brokers, clients, and internal teams.
  • Are comfortable working in a fast-moving startup environment with evolving processes.
  • Have experience using CRM tools or sales systems (Salesforce)
  • If you are local to Madison, we work a Hybrid schedule. For remote candidates, travel to HQ will be expected for team trainings, get-togethers and
  • Ability to travel for customer meetings and industry conferences up to 50%
Compensation Includes
  • Base salary commensurate with experience
  • Variable compensation tied to sales performance
  • Full-time benefits package
  • Equity package
About Understory
Understory is a leading provider of insurance solutions built for the era of climate change. The company's global network of Dot weather stations powers the world's most sophisticated weather risk model. By combining mutualized, optimized risk structures with precision weather technology and modeling, Understory develops affordable, stable property insurance solutions.
Traditional insurance is no longer fit for purpose. Natural catastrophes driven by the volatility of climate change are increasing rates and restricting coverage. Insurance and reinsurance companies are pulling out and leaving vast portions of the world's assets unprotected. Transformation is inevitable - and Understory is building what comes next.

Apply