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Insurance Risk Manager Jobs in Palm Coast, FL (NOW HIRING)

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Insurance Risk Manager information

See Palm Coast, FL salary details

$75.1K

$110.7K

$169.4K

How much do insurance risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for insurance risk manager in Palm Coast, FL is $110,672.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,000.00 and $125,700.00 per year, depending on experience, location, and employer.

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 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 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 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 job categories do people searching Insurance Risk Manager jobs in Palm Coast, FL look for?

The top searched job categories for Insurance Risk Manager jobs in Palm Coast, FL are:

What cities near Palm Coast, FL are hiring for Insurance Risk Manager jobs?

Cities near Palm Coast, FL with the most Insurance Risk Manager job openings:

Infographic showing various Insurance Risk Manager job openings in Palm Coast, FL as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 25% Part Time, and 4% Contract. Highlights an 88% Physical, 1% Hybrid, and 11% Remote job distribution, with an average salary of $110,672 per year, or $53.2 per hour.

Head of Finance - Captives

Brown & Brown Insurance

Daytona Beach, FL

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 25 days ago


Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

The Head of Finance - Captives is a strategic financial leader responsible for shaping the vision, governance, and financial direction of the organization's captive insurance operations. This role drives long-term value by ensuring regulatory compliance, optimizing financial performance, and aligning captive strategies with overall business objectives, while collaborating closely with executive leadership, risk management, and external advisors.

How you will contribute:

  • Establish, monitor, and continuously enhance internal control frameworks and financial governance practices to ensure accuracy, safeguard assets, mitigate risk, and support compliance with accounting standards, regulatory requirements, and audit expectations.
  • Direct the preparation, review, and submission of GAAP and statutory financial statements for captive insurance entities, ensuring the completeness, accuracy, and timely reporting of all premium, claims, reinsurance, reserve, and investment activities in accordance with applicable accounting principles and regulatory requirements
  • Manage relationships with auditors, actuaries, and tax advisors to ensure timely completion of audit requirements, implementation of recommendations, and overall financial credibility and operational soundness
  • Lead financial strategy and performance management by analyzing loss ratios, reserves, investment income, and capital, evaluating captive performance and profitability, supporting pricing, capitalization, and reinsurance decisions, and developing long-term strategies to ensure financial sustainability and alignment with enterprise risk objectives
  • Partner with risk management, underwriting, and business leaders on premiums, program design, and funding, assess the financial impact of policy and reinsurance decisions, and provide modeling support to ensure the captive's finances align with business needs and risk strategy
  • Provide strategic oversight of cash flow, liquidity, investments, and capital reserves to safeguard financial stability, optimize funding for potential losses, and ensure full compliance with governance and policy standards
  • Manage relationships with service providers of TPAs, actuarial firms, investment managers, and auditors, managing relationships, negotiating contracts, and monitoring performance to ensure cost-effective, high-quality service across all captive functions
  • Mentor and develop a high-performing finance team to support captive operations and broader organizational objectives.

Skills & Experience to Be Successful:

  • Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent designation preferred.
  • 10+ years of progressive finance experience, including leadership roles within insurance, reinsurance, or captive management. Background within the captives and reinsurance areas are a big plus.
  • Strong knowledge of statutory accounting, regulatory frameworks, and captive structures (single-parent, group, or rent-a-captive).
  • Demonstrated ability to lead strategic financial initiatives and partner effectively with cross-functional teams.
  • Excellent analytical, communication, and executive presentation skills.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
  • Mental Health & Wellness: Free Mental Health &Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself".