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

Securitas

Operational Risk Manager

Shelton, CT · Hybrid

$110K - $135K/yr

Role Summary The Operational Risk Manager (ORM) serves as the regional leader for operational risk ... Company-paid life insurance * Voluntary life and disability insurance * Employee assistance plan

New

Securitas

Operational Risk Manager

Shelton, CT · On-site

$110K - $135K/yr

Role Summary The Operational Risk Manager (ORM) serves as the regional leader for operational risk ... Company-paid life insurance * Voluntary life and disability insurance * Employee assistance plan

Securitas Services

Operational Risk Manager

Shelton, CT · Hybrid

Role Summary The Operational Risk Manager (ORM) serves as the regional leader for operational risk ... Company-paid life insurance * Voluntary life and disability insurance * Employee assistance plan

New

Robert Half

Life Insurance Underwriter

New Haven, CT · On-site

$85K - $95K/yr

We're seeking a detail-oriented Underwriter to join our growing team and help assess and manage individual life insurance risk. We need help guiding by our mission, we've donated $1.7B+ over the past ...

USI Insurance Services

Personal Risk Specialist

Norwalk, CT · On-site

$99K/yr

... insurance needs of high net worth individuals, with the ability to provide consultative advice to tailor personal risk management solutions accordingly. * Achieve new business sales goals on an ...

CivicMinds, Inc.

Personal Lines Manager

East Setauket, NY · On-site

$49K - $66K/yr

In this role, you will work with a wide range of top-tier insurance carriers, giving you the flexibility to craft tailored risk management solutions for clients with sophisticated insurance needs.

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Insurance Risk Manager information

See Milford, CT salary details

$82.7K

$121.9K

$186.6K

How much do insurance risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for insurance risk manager in Milford, CT is $121,868.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,300.00 and $138,400.00 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 Milford, CT look for? The top searched job categories for Insurance Risk Manager jobs in Milford, CT are:
What cities near Milford, CT are hiring for Insurance Risk Manager jobs? Cities near Milford, CT with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Operational Risk Manager

Operational Risk Manager

Securitas

Shelton, CT • Hybrid

$110K - $135K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 2 days ago

Securitas rating

5.9

Company rating: 5.9 out of 10

Based on 952 frontline employees who took The Breakroom Quiz

58th of 100 rated security

Job description

Role Summary
The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture of safety and risk awareness across field operations, ensuring contractual and regulatory compliance, analyzing claims and incident trends. This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance.
 
This role supports the Northeast Region of Securitas and is a Hybrid position. The candidate is expected to work out of our Shelton, Connecticut office 2 days a week with the other 3 days being Remote. The Region Office is located at 2 Enterprise Drive, Shelton, CT 06484. 

 
Key Responsibilities
Operational Risk & Safety Leadership
• Drive a culture of risk mitigation and safety throughout the region by implementing and reinforcing site level risk and safety initiatives.
• Serve as the primary regional point of contact for the Risk Management and Legal departments during claim investigations, providing timely documentation, incident analysis, and operational support.
• Collaborate with cross functional partners (Operations, HR, Training, Legal, and Risk) to implement standardized compliance controls and processes consistently across the region.
• Lead and facilitate regional Risk & Safety workshops.
Ongoing Compliance & Audit Oversight
• Partner with field operations to ensure all required documentation, controls, and approvals are in place prior to the start of higher risk accounts.
• Verify that all employees receive required on the job training.
• Confirm implementation of client specific contractual requirements at each site (e.g., CPR certifications, training mandates).
• Ensure all sites maintain current, accurate, and approved post orders.
• Conduct ongoing compliance audits to validate adherence to contractual, regulatory, and internal policy requirements and track remediation efforts.
Analytics, Technology & Continuous Improvement
• Analyze monthly claim trends and develop proactive action plans to mitigate emerging risks and improve regional performance.
• Communicate risk, claims, and compliance metrics to field leadership to increase awareness and accountability.
• Support and implement AI driven and technology enabled risk initiatives within the region.
• Perform monthly operational claims analysis, identifying trends, root causes, and leading risk indicators.
• Translate analytics into actionable insights and recommendations for loss prevention and operational improvement.

 
Weapons Program Oversight
• Assume regional ownership of the weapons program, including: 
o Conducting regular firearm audits.
o Maintaining complete and accurate weapons records.
o Promptly reporting discrepancies, changes, or incidents to the Division in accordance with policy.

 
Compliance & Documentation Management
• Maintain and oversee required documentation within CEP, including: 
o Post Orders (CEP format)
o Periodic Hazard Assessments (PHAs)
o Executed contracts
o Training acknowledgments and completion tracking

 
Incident, Potential Claim & Large Loss Review
• Review all potential claims, Continuous Improvement Incidents, and large loss investigations.
• Identify training gaps, procedural deficiencies, and post order improvement opportunities.
• Recommend updates to risk protocols, training, and controls based on findings and lessons learned.

 
Training & Regional Support
• Deliver risk related training sessions on a monthly basis, tailored to operational risks and emerging trends.
• Provide direct regional support, including: 
o Promoting risk policy compliance and awareness.
o Assisting with Risk related RFP questionnaires.
o Conducting CEP post order reviews.
o Supporting operational and compliance audits.

 
Qualifications & Experience
• Bachelor’s degree preferred or equivalent relevant experience in risk management, safety, operations, or a related field.
• Demonstrated experience in operational risk management, compliance, safety, or claims related functions.
• Strong knowledge of regulatory, contractual, and operational risk controls.
• Experience analyzing claims data and translating findings into actionable risk mitigation strategies.
• Ability to partner effectively with field operations and senior leadership.
• Strong written and verbal communication skills with experience delivering training and executive summaries.
• High attention to detail with the ability to manage multiple priorities across a geographically dispersed region.
Key Competencies
• Operational risk assessment and mitigation
• Claims and incident analysis
• Compliance auditing and governance
• Cross functional collaboration
• Data driven decision making
• Training and stakeholder engagement

 

 

 
Securitas is committed to equal employment opportunity. 

 
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, pregnancy, genetic information, disability, status as a protected veteran, or any other applicable legally protected characteristic.

 
 
Securitas employees come from all walks of life, bringing with them a variety of distinctive skills and perspectives. United through our common purpose, we provide the security needed to safeguard our clients' assets and people. Our core values - Integrity, Vigilance and Helpfulness - are represented by the three red dots in the Securitas logo. If you live by these values, we’re looking for you to join the Securitas team.

Benefits include: 
  • Retirement plan
  • Employer-provided medical and dental coverage
  • Company-paid life insurance
  • Voluntary life and disability insurance
  • Employee assistance plan
  • Securitas Saves discount program
  • Paid holidays
  • Paid time away from work

Additionally, some populations may have the availability of accessing earned wages on a daily basis, prior to payday. Restrictions and fees may apply.
Certain waiting periods may also apply. Paid time away from work may be available either through a combination of vacation and sick time or under a PTO policy, depending on local requirements. Benefits may be different for union members.

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