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Insurance Risk Manager Jobs in Nicholasville, KY

Strong working knowledge of risk allocation principles in professional services contracts, including standard of care, indemnification, limitation of liability, insurance, and claims management ...

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Insurance Risk Manager information

See Nicholasville, KY salary details

$72.9K

$107.4K

$164.5K

How much do insurance risk manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for insurance risk manager in Nicholasville, KY is $107,434.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,300.00 and $122,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Risk Manager?

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 Nicholasville, KY? For Insurance Risk Manager jobs in Nicholasville, KY, the most frequently searched job titles are:
What cities near Nicholasville, KY are hiring for Insurance Risk Manager jobs? Cities near Nicholasville, KY with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Nicholasville, KY as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 24% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $107,434 per year, or $51.7 per hour.

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Re-posted 7 days ago


Tetra Tech rating

6.4

Company rating: 6.4 out of 10

Based on 42 frontline employees who took The Breakroom Quiz

398th of 443 rated engineering


Job description

The Opportunity:

Tetra Tech is adding a mid-level Paralegal with experience in engineering consulting, primarily municipal water and transportation. 

Why Tetra Tech:

At Tetra Tech, we are Leading with Science to solve the world's most complex challenges.  Our industry-leading experts in engineering and consulting are committed to driving positive change in communities around the world.  For over 50 years, we have been at the forefront of innovation and sustainability.  Today we stand as a market leader, offering cutting-edge solutions in water, environment, energy, and international development.  Our work has improved more than 625 million lives around the world.

Your Impact:

Join Tetra Tech to make a real difference.  Our work leverages cutting-edge technologies, advanced analytics, and the expertise of world-class scientists and engineers to create meaningful change around the world. Discover your full potential - join us to advance your career while leaving a lasting legacy.

Essential Job Functions:

Provide strategic legal and contractual support to internal business partners supporting Tetra Tech's engineering consulting services, with a focus on municipal water, wastewater, stormwater, and transportation infrastructure projects.

Independently review, analyze, draft, revise, and negotiate a wide variety of professional services agreements, including prime agreements with public-sector clients, subconsultant agreements, teaming agreements, NDAs, and amendments, in accordance with company policies and risk management guidelines.

Apply advanced knowledge of engineering consulting industry standards, public procurement requirements, and municipal contracting frameworks to identify contractual risks, gaps, and inconsistencies, and develop practical solutions through clear and precise drafting and redlining of contract language.

Interpret contract terms and conditions and advise management regarding rights, obligations, indemnification, standard of care, limitation of liability, insurance requirements, dispute resolution provisions, and compliance considerations specific to engineering consulting services.

Partner with project managers, business unit leadership, and risk management personnel to support negotiation strategy and risk mitigation efforts on complex municipal infrastructure projects.

Develop, refine, and implement best practices for contract review and administration within Tetra Tech's contract management system, with a focus on consistency and risk mitigation across public infrastructure and municipal projects.

Prepare executive-level summaries, risk assessments, and reports for senior leadership regarding contract exposure and negotiation strategy.

Provide mentorship and informal guidance to junior contracts personnel as needed and contribute to process improvements within the contracts function.

Support continuous improvement of contract templates, negotiation playbooks, and internal guidance materials tailored to engineering consulting and public-sector engagements.

Required Qualifications:

  • Seven (7)+ years of progressively responsible experience in contract review and negotiation within the engineering consulting industry, architecture/engineering (A/E) firms, or infrastructure-focused professional services organizations.

  • Demonstrated experience independently negotiating and administering agreements for municipal water, wastewater, stormwater, and/or transportation infrastructure projects, including familiarity with public-sector procurement requirements.

  • Strong working knowledge of risk allocation principles in professional services contracts, including standard of care, indemnification, limitation of liability, insurance, and claims management considerations specific to engineering consulting.

  • Strong written and verbal communication skills, with the ability to work effectively with senior leadership, project managers, and cross-functional technical teams.

  • Highly organized, proactive, and capable of managing competing priorities in a fast-paced, deadline-driven environment.

Preferred Qualifications:

  • Experience working within an in-house legal department or contracts function supporting engineering consulting operations strongly preferred.

  • Proficiency in Microsoft Word and Adobe Acrobat DC; experience with a contract lifecycle management (CLM) system preferred.

Physical Requirements:

  • Extended periods of sitting and working at a computer

  • Reviewing and organizing large volumes of documents

  • Filing and retrieving records

  • Occasional lifting of files up to 20 to 25 pounds

  • Communicating with clients, attorneys, courts, and vendors

Work Environment / Environmental Factors:

  • Standard office setting, either in-office or hybrid.

  • Regular use of legal software, document management systems, and communication tools.

  • Interaction with attorneys, clients, courts, and external agencies.

  • Occasional travel for client meetings. 

  • Moderate noise typical of an office setting.

Life at Tetra Tech:

The perks of working at Tetra Tech include:

  • Comprehensive and market-competitive benefits.

  • Merit-based financial rewards.

  • Flexibility and company-wide commitment to work/life balance.

  • Collaborative team atmosphere that values the contributions of all employees.

  • Learning and development opportunities for ongoing professional growth. 

About Tetra Tech:

Tetra Tech is the leader in water, environment, and sustainable infrastructure, providing high-end consulting and engineering services for projects worldwide. With 30,000 employees working together, Tetra Tech provides clear solutions to complex problems by Leading with Science to address the entire water cycle, protect and restore the environment, design sustainable and resilient infrastructure, and support the clean energy transition.

Tetra Tech is proud to be an Equal Opportunity Employer.  All qualified candidates will be considered without regard to race, color, religion, national origin, age, disability, sexual orientation, gender identity, status as a protected veteran, or any other characteristic protected by law. Tetra Tech is a VEVRAA federal contractor and we request priority referral of veterans.

Additional Information
  • Organization: 200 IEW

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