1

Insurance Risk Manager Jobs in Newark, OH (NOW HIRING)

Sales Associate

Columbus, OH · On-site

$13.50 - $18.25/hr

Performs a detailed analysis of a prospective client's needs by reviewing their existing insurance / risk management program; makes recommendations for appropriate and competitive coverages.

next page

Showing results 1-20

Insurance Risk Manager information

See Newark, OH salary details

$75.8K

$111.7K

$170.9K

How much do insurance risk manager jobs pay per year?

As of Jun 15, 2026, the average yearly pay for insurance risk manager in Newark, OH is $111,657.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,800.00 and $126,800.00 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 Newark, OH look for? The top searched job categories for Insurance Risk Manager jobs in Newark, OH are:
What cities near Newark, OH are hiring for Insurance Risk Manager jobs? Cities near Newark, OH with the most Insurance Risk Manager job openings:
First Line Risk & Control Testing Senior Analyst

First Line Risk & Control Testing Senior Analyst

Western Alliance Bank

Columbus, OH • On-site

Full-time

Medical, Dental, Retirement

Posted yesterday


Job description

Job Title:

First Line Risk & Control Testing Senior Analyst

Location:

OH - Columbus

What you'll do:

This role is a first line of defense risk professional responsible for support and/or execution of various risk programs and Business Unit (BU) risk activities in adherence with the Company's Risk Appetite and Corporate Strategy. This role is responsible for engaging with the BU in management of risks and controls across all risk types, monitoring execution of risk policies, procedures and/or program requirements, to effectively manage risks, and serving as an effective communication channel between the Risk Management Department and business units.
  • Leads the execution of objective testing in support of Risk and Control Self-Assessments.
  • Plan testing and reviews. Apply risk analysis principles, determine the scope, including focus, objectives, and rationale, and update the scope as needed.
  • Develop testing strategies, including procedures and selection of samples, sample size, and rationale. Perform testing and reviews according to the testing plan.
  • Evaluate controls, identifying risks appropriately.
  • Revise review programs as needed to accomplish objectives.
  • Conduct and manage documentation of the review process.
  • Prepare working papers, ensure that documentation appropriately supports the testing conclusions, and document process flows and describe major processes within the area being reviewed.
  • Analyze the results of testing and review activities.
  • Analyze exceptions and make recommendations to enhance internal controls and/or increase the efficiency of operations.
  • Ensure that testing is accurate, complete, and in accordance with standards and protocols.
  • Provide consulting services for first line of defense on risk and control issues.
  • May assist the first line of defense in implementation of new / improved processes, and controls.
  • Effectively communicate concepts, processes, and results; effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

What you'll need:

  • 4+ years of related experience in Accounting, Regulatory Compliance, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related fieldin financial services.
  • Intermediate knowledge of and experience in documenting process maps in process mapping software.
  • Experience identifying risks and controls in processes.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation