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

Shirley Parsons

EHS Manager [GD-14925]

Milwaukee, WI

$81K - $110K/yr

Oversight of workers' compensation, return-to-work programs, and insurance/risk mitigation initiatives * Management of telematics and behavioral safety programs to proactively reduce driving and ...

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

Insurance Risk Manager information

See Milwaukee, WI salary details

$81.3K

$119.7K

$183.3K

How much do insurance risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for insurance risk manager in Milwaukee, WI is $119,712.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,500.00 and $136,000.00 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 Milwaukee, WI look for? The top searched job categories for Insurance Risk Manager jobs in Milwaukee, WI are:
What cities near Milwaukee, WI are hiring for Insurance Risk Manager jobs? Cities near Milwaukee, WI with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Accounting Premium & Reporting Specialist

Accounting Premium & Reporting Specialist

Old Republic Risk Management

Brookfield, WI • On-site

$20 - $27.25/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Job description

Description
Position at Old Republic Risk Management
Accounting Premium & Reporting Specialist Brookfield, WI (In-Office)
Old Republic Risk Management
Who We Are
Old Republic Risk Management (ORRM) serves the casualty insurance needs of large corporate and group clients across many industries that are core to the North American economy. We operate with an unbundled claims and risk control model and have been a pioneer in alternative insurance risk management since the 1950s. ORRM has partnered with Fortune 500 companies and other large organizations for decades.
About the Role
Looking to grow your accounting career in a stable, team-oriented environment? Old Republic Risk Management is seeking a Accounting Premium & Reporting Specialist to join our Brookfield, WI office.
In this role, you'll support key accounting processes related to reinsurance activity. You'll work closely with a collaborative team, handle important financial data, and help ensure accuracy across account records and reporting.
This is a great opportunity for someone who enjoys structured work, detail-oriented tasks, and building experience in a specialized area of accounting.
What You'll Take On
You'll focus on keeping financial data accurate, organized, and up to date.
  • Prepare monthly reports related to premiums and losses for assigned accounts
  • Perform account reconciliations and general ledger balancing
  • Record and track reinsurance premium and loss activity
  • Maintain accurate and organized account records and system data
  • Communicate with internal teams and external partners to resolve questions
  • Support documentation and maintain prior-year accounting files
  • Assist with ongoing accounting processes and assigned projects
What You Bring
  • 2+ years of experience in an office, administrative, or accounting-related role
  • Associate or bachelor's degree in Accounting or Finance
  • Strong attention to detail and accuracy with data
  • Solid organizational and time management skills
  • Proficiency with Microsoft Office and general computer systems
  • Ability to work independently and take ownership of tasks
  • Strong communication skills and a team-oriented mindset
Why Join Us
Work-Life Balance
  • 37.5-hour standard workweek
  • Generous PTO and paid holidays
  • Casual business attire
  • Company events, volunteer opportunities, and team outings

Financial Benefits
  • Competitive salary
  • 401(k) with company match and profit-sharing
  • Roth and 529 savings options
  • Employee referral bonus program

Health & Wellness
  • Medical, dental, and vision insurance
  • Flexible Spending and Health Savings Accounts
  • Life, disability, accident, and critical illness coverage
  • Pet insurance
  • Calm app subscription
  • On-site fitness center (Brookfield, WI office)

#LI-VG1
Old Republic Risk Management is an Equal Opportunity Employer committed to maintaining a diverse and inclusive workplace.

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