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

Barclays

Insurance Risk Manager

New York, NY · On-site

Embark on a transformative journey as an Insurance Risk Manager with the Barclays Group Insurance team as we look to undertake ambitious and exciting strategic projects to support the Bank ...

Sotheby's

Senior Risk Manager

New York, NY · On-site

$90K - $120K/yr

Reporting to the Global Insurance and Risk Management, Director, the role will support the placement and day to day oversight of Sotheby's insurance programs and lead the best Risk Management ...

Betterment

Risk Manager

New York, NY · On-site

$140K - $155K/yr

As a Risk Manager, you will own a portfolio of risk processes, perform risk assessments, and ... and AD&D insurance; short- and long-term disability; infertility support and WPATH-aligned ...

Monitise

Risk Manager

New York, NY

$87K - $146K/yr

Job Title Risk Manager About your role: You will serve as the Line of Business (LOB) Risk Manager ... Medical, dental, vision, life, and disability insurance options available from day one * Retirement ...

Schonfeld

Risk Manager

New York, NY · On-site

$175K - $275K/yr

The Role We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk ...

Schonfeld

Risk Manager

New York, NY · On-site

$175K - $275K/yr

The Role We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk ...

Kafene

Risk Manager

New York, NY · On-site

$95K - $130K/yr

As a Risk Manager, you will report to the VP of Risk and help build Kafene's profit-driven consumer ... vision insurance costs, including coverage for your spouse, children, and other dependents.

Betterment

Risk Manager

New York, NY · Hybrid

$140K - $155K/yr

As a Risk Manager, you will own a portfolio of risk processes, perform risk assessments, and consult with management to keep our risk posture strong as the business grows. You will use AI and ...

Invesco

Risk Manager

New York, NY · Hybrid

$150K - $165K/yr

Collaborate with investment teams in monitoring and managing portfolio risk. Provide risk analytic insight that enhances the investment process. Contribute to the development of new products and ...

Atlas Air

Sr Risk & Insurance Analyst

White Plains, NY · On-site

$91K - $123K/yr

Oversee claims activity as assigned by Director, Risk Management * Maintain current on insurance developments, markets and best practices. Qualifications: * 2 - 3 years' experience in a similar ...

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Insurance Risk Manager information

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$82.8K

$122K

$186.7K

How much do insurance risk manager jobs pay per year?

As of Jul 22, 2026, the average yearly pay for insurance risk manager in Norwalk, CT is $121,965.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,400.00 and $138,500.00 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 Norwalk, CT look for? The top searched job categories for Insurance Risk Manager jobs in Norwalk, CT are:
What cities near Norwalk, CT are hiring for Insurance Risk Manager jobs? Cities near Norwalk, CT with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Norwalk, CT as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 22% Part Time, and 6% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $121,965 per year, or $58.6 per hour.
Insurance Risk Manager

Insurance Risk Manager

American International Group, Inc.

New York, NY • On-site

Full-time

This job post has expired 2 days ago. Applications are no longer accepted.

Job description

Overview
AIG Inc.'s Corporate Insurance Department is responsible for mitigating the Company's operating exposures by maintaining insurance programs and bonds to manage risk at acceptable levels. The Insurance Risk Manager works closely with AIG's business units internally and externally with brokers, vendors and nonaffiliated insurance companies to transfer the risk of loss by purchasing insurance with an objective to maintain expenses, including the retained loss costs, at reasonable levels and in line with the Company's risk appetite.
Corporate Insurance Department also delivers evidence of insurance, advice and consultation on specific insurance programs, evaluation of risk with mapping to insurance and claims management. AIG's business units are customers and stakeholders that we serve.
Summary of Responsibilities:
  • Analyze and assess the impact of risks of loss arising out of AIG's business operations
  • Stay abreast of Company's business and operational changes impacting the insurance risk
  • Assist with coordination, and negotiation of insurance placements for AIG, subsidiaries and affiliates as assigned. Review invoices, binders and policies for accuracy
  • Proactively lead AIG's U S Casualty large deductible structured insurance program which includes oversight of monthly, quarterly and annual transactions; deductible liability analysis quarterly and annually with actuary and Global Head of Corporate Insurance and communication with financial reporting
  • Prepare insurance risk reports: Casualty insurance loss runs with analysis, track changes in Company's exposure impacting ins rate; profit & loss statements, and insurance expense budget estimates with appropriate support
  • Deliver presentations for internal and external audiences on AIG's corporate insurance programs, operations, and risk management programs
  • Review AIG service provider/vendor, special events and real estate contracts to assess the operational risks and advise on the appropriate amount and type of insurance recommended. Provide insurance guidance in line with indemnity and hold harmless sections or the contract
  • Review COI and/or policies if needed to assist Company's business unit
  • Communicate and manage a smooth insurance transition to AIG's corporate insurance programs on mergers and acquisitions and off AIG's corporate programs on divestitures
  • Annually assess controls in place for managing risks arising out of Corporate Insurance department's operations and processes. Develop and propose solutions to address accordingly to AIG's Global Head of Corporate Insurance
  • Uphold and adhere to AIG, Inc.'s corporate policies. This includes but is not limited to Records, Information and Management Policy with standards, Insurance Purchasing Policy with standards, and Auto Vehicle Use Policy

Job Requirements:
  • Bachelor's Degree in Risk Management, Finance, or related quantitative field of study
  • Must have 5+ or more years work experience in Property & Casualty insurance industry - functioning as insurance risk manager, underwriter, claims analyst, insurance broker, or insurance consultant
  • Comprehensive working knowledge of insurance coverage in Property & Casualty and Financial lines
  • Ability to work both independently with little supervision as well as work in a team dynamic
  • Proficiency in the following skills: analytical, organization, prioritization, decision making, negotiation, interpersonal, influence without authority, advocacy, and business communication
  • Must be completely proficient with Excel
  • Ability to develop, cultivate, and maintain excellent relationships within, and external to, the Company

The base salary range for this position is $130,000-$160,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview."
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Functional Area:
RK - Risk
AIG Employee Services, Inc.
AIG logo

About AIG

Sourced by ZipRecruiter

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1919

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