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Insurance Risk Manager information
See Santa Clara, CA salary details
$96.9K - $107.9K
9% of jobs
$117.9K is the 25th percentile. Wages below this are outliers.
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How much do insurance risk manager jobs pay per year?
What are the key skills and qualifications needed to thrive as an Insurance Risk Manager?
What is the difference between Insurance Risk Manager vs Insurance Underwriter?
| Aspect | Insurance Risk Manager | Insurance Underwriter |
|---|---|---|
| Credentials | Typically requires a bachelor's degree in risk management, finance, or related fields; professional certifications like ARM or CPCU are common | Usually holds a bachelor's degree in finance, economics, or related areas; certifications like CPCU or ARe are beneficial |
| Work Environment | Works in corporate risk management departments, analyzing and mitigating risks for the company | Works in insurance companies, assessing individual or business applications to determine coverage and premiums |
| Employer & Industry Usage | Used by insurance companies and large corporations to manage risk exposure | Primarily 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?
What are the most common challenges Insurance Risk Managers face when working across different departments?

$225K - $250K/yr
Full-time
Posted 14 days ago
Job description
Senior Director, Governance, Risk Management and Compliance
Location: San Jose, CA
Role Overview
Astera Labs is redefining connectivity for the AI era, and as we scale, we need a strategic leader to safeguard how we operate. The Senior Director, Governance, Risk Management and Compliance (GRC) will build and lead the enterprise GRC function - establishing the frameworks, controls, and culture that protect Astera Labs' people, products, data, and reputation as we grow.
This is a highly visible, cross-functional role that partners with Finance, Legal, IT, Security, Engineering, and Operations to embed risk-aware decision-making across the company. You'll shape how Astera Labs manages enterprise risk, regulatory compliance, internal controls, and third-party risk during one of the most exciting growth chapters in semiconductors - enabling rack-scale AI infrastructure for the world's leading hyperscalers.
Key Responsibilities
- Governance & Program Leadership
- Build, lead, and continuously mature Astera Labs' enterprise GRC program, aligned to company strategy and growth stage
- Define governance structures, policies, and standards; drive executive and Board-level reporting on risk and compliance posture
- Partner with Legal, Finance, IT, and Security leadership to align GRC priorities with business objectives
- Risk Management
- Design and operate the enterprise risk management (ERM) framework, including risk identification, assessment, treatment, and monitoring
- Lead third-party and vendor risk management, ensuring appropriate due diligence and ongoing oversight
- Establish clear risk appetite, metrics, and escalation paths across business functions
- Compliance & Controls
- Own the internal controls program (including SOX readiness and ongoing 404 compliance) in partnership with Finance and Internal Audit
- Drive compliance with applicable regulatory, industry, and customer requirements (e.g., SOC 2, ISO 27001, NIST, data privacy regulations)
- Serve as primary liaison for internal and external auditors, coordinating audits, findings, and remediation
- Team & Culture
- Recruit, develop, and lead a high-performing GRC team as the function scales
- Champion a culture of accountability, integrity, and continuous improvement across the organization
- Deliver training, awareness, and enablement programs that make risk and compliance part of how Astera Labs operates day-to-day
Basic Qualifications
- Bachelor's degree in business, Finance, Accounting, Information Systems, or a related field
- 10+ years of progressive experience in governance, risk management, compliance, internal audit, or a related discipline, with 5+ years in a leadership role
- Demonstrated experience building or scaling a GRC program at a public or pre-/post-IPO technology company
- Strong working knowledge of SOX, ERM frameworks (e.g., COSO), and industry standards such as SOC 2, ISO 27001, or NIST
- Proven ability to influence and partner with executive stakeholders across Finance, Legal, IT, Security, and business functions
- Excellent written and verbal communication skills, with experience presenting to executives, auditors, and/or the Board
Preferred Qualifications
- Advanced degree (MBA, MS) and/or professional certifications such as CPA, CIA, CISA, CRISC, or CISSP
- Experience in the semiconductor, hardware, or hyper-growth technology sector
- Familiarity with data privacy regulations (GDPR, CCPA) and export/trade compliance considerations
- Experience implementing GRC tooling and automating controls, assessments, and reporting
- Strategic thinker who thrives in fast-paced, ambiguous environments and can balance pragmatism with rigor
Salary range is $225,000 to $250,000 depending on experience, level, and business need. This role may be eligible for discretionary bonus, incentives and benefits.
About Astera Labs
Sourced by ZipRecruiter
Industry
Semiconductor and electronic component manufacturing
Company size
11 - 50 Employees
Headquarters location
Santa Clara, CA, US
Year founded
2017