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Insurance Risk Manager Jobs in Melbourne, FL (NOW HIRING)

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Insurance Risk Manager information

See Melbourne, FL salary details

$76.5K

$112.6K

$172.4K

How much do insurance risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for insurance risk manager in Melbourne, FL is $112,626.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,600.00 and $127,900.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Risk Manager, 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 are popular job titles related to Insurance Risk Manager jobs in Melbourne, FL? For Insurance Risk Manager jobs in Melbourne, FL, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Melbourne, FL look for? The top searched job categories for Insurance Risk Manager jobs in Melbourne, FL are:
What cities near Melbourne, FL are hiring for Insurance Risk Manager jobs? Cities near Melbourne, FL with the most Insurance Risk Manager job openings:
Manager Programs 2 - Risk Management

Manager Programs 2 - Risk Management

Northrop Grumman Corporation

Melbourne, FL

Full-time

Medical, Life, PTO

Posted 20 days ago


Northrop Grumman rating

8.1

Company rating: 8.1 out of 10

Based on 352 frontline employees who took The Breakroom Quiz

107th of 527 rated manufacturers


Job description

RELOCATION ASSISTANCE: Relocation assistance may be availableCLEARANCE REQUIRED FOR START: YesCLEARANCE TYPE: SecretTRAVEL: Yes, 10% of the TimeDescriptionAt Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

Please note that this opportunity is contingent on program funding. Start dates are determined after funding confirmation.

Northrop Grumman Aeronautics Systemsis seeking aProgram Manager 2to lead our Risk Management team. This leadership opportunity is locatedonsiteinMelbourne, Florida.

This manager is responsible for overall implementation of Risks, Issues, and Opportunity (RIO) Management processes, mitigation execution, and training administration.This manager will integrate all Risks, Issues, and Opportunities across multiple operating units, Programs, and Functions. The RIO manager will adjudicate potential conflicts in handling ownership of risk while guiding the RIO Process throughout the entire life cycle from identification and mitigation to realization or retirement. The RIO Manager will interface with multiple disciplines including internal Program Management, IPT Leaders, functional leaders, and the Chief Engineering Office.

This leader will be responsible for all Risk, Issue and Opportunity (RIO) Management Processes and work all aspects of RIO management at the Program Level to include but is not limited to:

Owns overall quality and validity of all division vetted Risks/Issues/Opportunities

  • Performs independent assessment of all aspects of technical, cost, and schedule impacts of risks, issues, and opportunities
  • Works collaboratively with risk owners and associated CAMs to meet risk mitigation and opportunity development commitments
  • Provides horizontal and vertical integration of the RIO SOW for each of the operating units, IPTs, and functional areas
  • Monitor and report on the performance of all RIO efforts to leadership
  • Accountable for ensuring that defined risk management processes are followed throughout all levels of the organization
  • Executes a proactive risk identification process to understand and evaluate new affordability opportunities and developments
  • Ensure adherence/compliance of program RIO process against corporate and sector procedures
  • Verify and support all aspects of corporate, sector and DCMA audits on the risk, issues, and opportunities process
  • Maintains and responsible for the Risks, Issues, and Opportunity management plan
  • Troubleshoot and administrative management of the program-selected RIO toolset
  • Develop and deliver Enterprise Risks, Issues, and Opportunity training as required
  • Act as primary contact for all RIO activities, including leadership reviews and customer reviews
  • Leading the development of tools and processes to monitor, track and report the health and performance of the division risk to program leadership
  • Represent leadership at enterprise boards to drive necessary tool updates and improvements in usability
  • Lead program wide monthly review boards for Risks, Issues and Opportunity
  • Be the thought leader and provide guidance / advises for all RIO related activities

Our Leaders at Northrop Grumman live our values daily and encourage our teams to do the same. We do the right thing: upholding the highest ethical standards and facilitating a safe and respectful environment that attracts, retains, and inspires a diverse and engaged team. We do what we promise: holding yourself and others accountable to meet predictable and balanced results. We commit to shared success: operating as OneNG and removing barriers for our teams. Finally, We pioneer: setting a vision that shapes the future and inspires others.

Basic Qualifications:

  • Bachelor's degree and 10 years (or Bachelor of Science in STEM and 9 years) of related experience as defined below, OR a Master's degree and 8 years (or Master of Science in STEM and 7 years) of related experience as defined below
  • Related experience includes professional and/or military experience to include a background in project management, program management, engineering, capture efforts, and/or business management related functions
  • Experience with risk, issue, and opportunity development and management
  • Experience working with Program Management principles: managing projects, scheduling, budget management, etc.
  • Experience in developing RIO metrics and briefings
  • Experience in the Aerospace and Defense industry
  • The ability to travel domestically 10% of the time
  • Your ability to transfer and maintain the final adjudicated U.S. government Secret clearance (must be in-scope or enrolled in Continuous Evaluation) and any program access(es) required for the position within a reasonable period of time, as determined by the Company

Preferred Qualifications:

  • Current TS/SCI and active Special Access Program (SAP) clearances
  • Demonstrated ability to develop and influence project team relationships
  • Familiar with the requirements set forth, but not limited to those in, the DoDI 5000.XX series, the DoD Risk Management Guide, and Northrop Grumman PrOP (e.g. CO F601 and D0-5400)
  • Direct Program Management experience
  • Experience of familiarity with aircraft production, supply chain, engineering, software development, and product support
  • Experience with RIO toolsets; Atlassian toolsets; and digital ecosystems

#AS-FA3

Primary Level Salary Range: $139,100.00 - $208,700.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

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About Northrop Grumman

Sourced by ZipRecruiter

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible.

Industry

Space research administration

Company size

10,000+ Employees

Headquarters location

Falls Church, VA, US

Year founded

1939