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Insurance Risk Manager Jobs in Salt Lake City, UT

Who we are Founded in 1997, Merrick Bank is an FDIC ® -insured financial institution headquartered ... Credit Risk Management Expertise: Advanced understanding of full lifecycle consumer credit risk ...

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Who we are Founded in 1997, Merrick Bank is an FDIC-insured financial institution headquartered in ... Credit Risk Management Expertise: Advanced understanding of full lifecycle consumer credit risk ...

New

As a Seller Risk Policy Manager, you will lead the development of seller lifecycle risk strategies across key decision points. You will combine data analysis, critical thinking, and cross-functional ...

Showing results 21-40

Insurance Risk Manager information

See Salt Lake City, UT salary details

$79.8K

$117.6K

$180K

How much do insurance risk manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for insurance risk manager in Salt Lake City, UT is $117,582.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,700.00 and $133,500.00 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 are popular job titles related to Insurance Risk Manager jobs in Salt Lake City, UT?

For Insurance Risk Manager jobs in Salt Lake City, UT, the most frequently searched job titles are:

What cities near Salt Lake City, UT are hiring for Insurance Risk Manager jobs?

Cities near Salt Lake City, UT with the most Insurance Risk Manager job openings:

Infographic showing various Insurance Risk Manager job openings in Salt Lake City, UT as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution, with an average salary of $117,582 per year, or $56.5 per hour.

Risk, Risk Divisional Governance, Associate, Salt Lake City

Goldman Sachs, Inc.

Salt Lake City, UT • On-site

Full-time

Re-posted 3 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

47th of 171 rated banks


Job description


RISK
Goldman Sachs' Risk Division develops comprehensive programs and processes to identify, monitor, assess and manage financial and non-financial risks in support of the firm's risk appetite statement and strategic business plans. Risk teams play a critical function for the firm, driving how the firm considers and manages risk.
Risk professionals execute critical day-to-day risk management activities, lead strategic risk initiatives, and contribute to the ongoing advancement of the firm's risk management framework. They are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
RISK DIVISIONAL GOVERNANCE
The Divisional Risk Governance team is responsible for designing, executing, and maintaining various aspects of the Risk Division's governance, strategy and execution of the operational risk framework components globally. This group reports into the Risk Division Chief Operating Officer (COO) and the Chief Risk Officer's (CRO) Chief of Staff (CoS) and plays a key role in increasing the transparency of risks and influencing related decision making and prioritization.
KEY RESPONSIBILITES
  • Liaise with senior Risk division stakeholders to help drive the development of department wide programs and processes in support of the Division's operational risk management framework and governance uplift
  • Support the execution of key risk management programs for the Risk Division across a variety of areas including the Risk and Control Self-Assessment (RCSA), Issue Management, Business Continuity, Regulatory Traceability, Polices and Events
  • Design and report on aspects of the Risk Division's governance and monitoring framework via the development of templates, standards, guidelines, and key risk & control indicators to senior management and governance forums
  • Contribute to the management and coordination of the division's key governing documents and policy stacks
  • Contribute to various transformation projects and presentations across the division

QUALIFICATIONS
This role requires an energetic self-starter that can liaise with a wide variety of senior stakeholders across the division globally. The ability to operate in a fast past environment, identify potential problems and solutions, and successfully develop and leverage a network within the organization is critical.
Desired qualifications include:
  • Undergraduate degree, with a minimum of 3 years of work experience
  • Experience within non-financial risk disciplines, such as operational risk management / enterprise risk / compliance / audit / other governance function preferred
  • Proactive, self-starter with an attention to detail
  • Strong written and verbal communications skills, particularly with members of senior management
  • Ability to effectively execute multiple critical division-wide initiatives concurrently
  • Ability to navigate large data sets, develop metrics and perform analysis is a plus
  • Experience managing junior resources

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869