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Insurance Risk Manager Jobs in Paterson, NJ (NOW HIRING)

Manager, Risk (Insurance)

Manhattan, NY · On-site

$120K - $145K/yr

Job Summary TerraForm Power is seeking a highly motivated and detail-oriented Risk Manager to support the organization's risk management and insurance programs across its renewable energy operations.

Clinical Risk Manager

Manhattan, NY · On-site

$120K - $150K/yr

The Clinical Risk Manager reports to the Director of Risk Management and Patient Safety and is ... insurance concerns. 6. Participates in Performance Improvement activities such as Root Cause ...

We are seeking a seasoned Risk Management Consultant with a deep background in construction-related ... Help lead insurance strategy, including placement, renewal negotiations, and broker management ...

Portfolio Risk Manager

Manhattan, NY · On-site

$160K - $190K/yr

Experience in mortgage/securitized products, leveraged loans etc., concentration management, risk mitigation techniques (Credit Insurance) and portfolio RWA/capital optimization would be an advantage.

Risk Manager | Equities

New York, NY · On-site

$150K - $200K/yr

As a Risk Manager, you will be part of Jump Trading's Global Risk Management team. The department ... Benefits - Discretionary bonus eligibility - Medical, dental, and vision insurance - HSA, FSA, and ...

About the role At Windcave Limited, we are seeking an experienced Risk Manager to join our team in our Lexington Ave, New York office. This is a full-time role and you will be responsible for ...

Comprehensive health and life insurance and well-being benefits, based on location * Pension ... Market Risk Manager is responsible for the monitoring of daily margin calculation and managing ...

Comprehensive health and life insurance and well-being benefits, based on location * Pension ... Market Risk Manager is responsible for the monitoring of daily margin calculation and managing ...

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Showing results 1-20

Insurance Risk Manager information

See Paterson, NJ salary details

$83.9K

$123.6K

$189.3K

How much do insurance risk manager jobs pay per year?

As of Jul 2, 2026, the average yearly pay for insurance risk manager in Paterson, NJ is $123,639.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,800.00 and $140,400.00 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 are popular job titles related to Insurance Risk Manager jobs in Paterson, NJ? For Insurance Risk Manager jobs in Paterson, NJ, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Paterson, NJ look for? The top searched job categories for Insurance Risk Manager jobs in Paterson, NJ are:
What cities near Paterson, NJ are hiring for Insurance Risk Manager jobs? Cities near Paterson, NJ with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Paterson, NJ as of June 2026, with employment types broken down into 65% Full Time, 29% Part Time, and 6% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $123,639 per year, or $59.4 per hour.
Manager, Risk (Insurance)

Manager, Risk (Insurance)

TerraForm Power

Manhattan, NY • On-site

$120K - $145K/yr

Full-time

Posted 8 days ago


Job description

Manager, Risk
Job Type: Exempt Salaried, Full-Time
Location: New York, NY (office onsite)
Reports To: Director, Finance
Department: Finance
About Us
TerraForm Power ("TERP"), a platform company of Brookfield Renewable, attracts high-performing individuals who are driven to make an impact in a fast-paced and collaborative environment. We offer unparalleled opportunity to lead and manage one of the largest renewable energy businesses with decades of history, while contributing to the global need for sustainable energy.
We offer tremendous growth opportunity for individuals with an entrepreneurial mindset. The company is committed to employee development, encouraging curiosity, ownership, and continuous learning. You'll be empowered to take initiative, contribute ideas, and grow your career within a supportive and ambitious organization.
Job Summary
TerraForm Power is seeking a highly motivated and detail-oriented Risk Manager to support the organization's risk management and insurance programs across its renewable energy operations. This role will be responsible for identifying, assessing, and managing risks and insurance exposures related to the company's assets, projects, and corporate activities.
The ideal candidate will bring a strong understanding of property and casualty insurance coverages, bonding structures, and insurance markets, along with the ability to translate risk management concepts into practical, business-focused solutions. This individual will partner cross-functionally with teams including Operations, Legal, Finance, and Development to ensure appropriate risk mitigation strategies are in place.
Success in this role requires a resourceful and proactive mindset, strong analytical capabilities, and the ability to operate effectively in a fast-paced, evolving environment. The candidate should demonstrate flexibility, reliability, and a positive, solutions-oriented approach, while contributing to the continued growth and resilience of TerraForm Power's renewable energy portfolio.
Key Responsibilities
  • Collaborate with a wide range of internal and external stakeholders, including Operations, Legal, Development, Finance, insurance brokers, adjusters, and other third parties.
  • Review and provide feedback on insurance provisions of third-party contracts including financing agreements.
  • Manage insurance report preparation for financing and other strategic activities with third party consultants, including managing to overall deal timeline and lender/investor diligence coordination.
  • Review and coordinate on financing-related annual insurance reporting.
  • Insurance claims management and advocating for the business on complex matters.
  • Support policy renewals, endorsements, and mid-term changes in coordination with the Corporate Insurance team and insurance brokers.
  • Maintain asset-level exposure data and support data quality for underwriting submissions.
  • Maintain schedules, statement of values, and insurance applications.
  • Assist with surety bond placement, issuance, and distribution.
  • Manage, review and distribute COIs to customers.
  • Manage the on/offboarding of new projects onto our insurance policy.
  • Organize and maintain accurate insurance records.
  • Conduct audit of existing insurance programs for assets.
  • Review and respond to requests including analysis of data, policies, processes, and regulatory requirements.
  • Review and update internal controls documentation as needed (risk-control matrices, narratives, flowcharts, and testing plans).

Skills & Qualifications
  • Bachelor's degree with a minimum of four to five years' related experience (risk management, compliance, insurance carrier, broker).
  • Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred, but not required.
  • Experience working with insurance organizations is considered an asset.
  • Strong MS Office skills (Excel, PowerPoint). PowerBI experience is an asset.
  • Demonstrated and proven project management or coordination skills.
  • Strategic thinker with strong analytical skills and problem-solving ability.
  • Demonstrated and proven ability to work effectively in a team environment and maintain positive interpersonal relationships.
  • Strong influencing skills: ability to present points of view effectively and gain support for their position while balancing technical and business considerations.
  • Experience working with growing organizations with changing needs and multiple complex business transactions.

Compensation: $120,000 - $145,000 USD; bonus eligible
A note to Recruiting Agencies, TerraForm Power Human Resources team does not accept unsolicited resumes from third party recruiters, staffing firms, or related agencies. The Human Resources team coordinates all recruiting and hiring at our company. We do not accept resumes from third-party recruiters unless authorized by the Human Resources team and if a signed agreement is in place. Any unsolicited resumes will be considered property of TerraForm Power and we are not responsible for any related fees. All communication related to recruiting partnerships should ONLY be directed to the Human Resources team.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.