ZipRecruiter

Log In

1

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

First Bank

Senior Risk Manager

Hamilton, NJ · On-site

... insurance, short term and long term disability, and the Bank's 401k Plan. Position Summary: The ... Duties & Responsibilities: • Oversee all enterprise risk management which incorporates programs ...

Tutorperini

Regional Risk Manager

New York, NY

$125K - $150K/yr

Manage the overall insurance program for assigned business units, including policy renewals, risk assessments, and program optimization to ensure proper coverage and cost control. * Identify ...

The HR Source

Senior Risk Manager

New York, NY

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 ...

Jump Trading

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 ...

Verve

Enterprise Risk Manager

New York, NY · On-site

$150K - $180K/yr

You'll be a strategic, detail-oriented Risk Manager to help identify, assess, and mitigate risks ... other Insurances * Support your long-term financial security with our 401(k) Retirement plan with ...

Jump Trading

Risk Manager | Equities

New York, NY

As a Risk Manager, you will be part of Jump Trading's Global Risk Management team. The department manages moment-to-moment risk for all trading teams and is responsible for evaluating new trading ...

Whop

Payments Risk Manager

New York, NY

$100K - $130K/yr

You keep a sharp eye on UX. You understand that managing risk is about maximizing legitimate revenue, not just minimizing loss * Ability to make principled risk decisions under ambiguity and partial ...

Deloitte

Financial Risk Manager

New York, NY

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible ...

Whop

Payments Risk Manager

New York, NY · On-site

$100K - $130K/yr

You keep a sharp eye on UX. You understand that managing risk is about maximizing legitimate revenue, not just minimizing loss * Ability to make principled risk decisions under ambiguity and partial ...

Made Card

Fraud Risk Manager

New York, NY · On-site

$100K - $110K/yr

About the Role The Fraud Risk Manager is a key member of the Risk Management team focusing on the development and implementation of robust fraud prevention for the Made credit card. In this role, you ...

Securitas

Operational Risk Manager

New York, NY · On-site

$110K - $135K/yr

Operational Risk Manager (ORM) The Operational Risk Manager (ORM) serves as the regional leader for ... Company-paid life insurance * Voluntary life and disability insurance * Employee assistance plan

previous pagenext page

Showing results 21-40

All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Somerset, NJ

Insurance Risk Manager information

See Somerset, NJ salary details

$87.2K

$128.4K

$196.5K

How much do insurance risk manager jobs pay per year?

As of Jul 25, 2026, the average yearly pay for insurance risk manager in Somerset, NJ is $128,376.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,700.00 and $145,800.00 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 Somerset, NJ look for? The top searched job categories for Insurance Risk Manager jobs in Somerset, NJ are:
What cities near Somerset, NJ are hiring for Insurance Risk Manager jobs? Cities near Somerset, NJ with the most Insurance Risk Manager job openings:
Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Somerset, NJ as of July 2026, with employment types broken down into 86% Full Time, 7% Part Time, and 7% Contract. Highlights an 79% In-person, 14% Hybrid, and 7% Remote job distribution, with an average salary of $128,376 per year, or $61.7 per hour.

Actuarial Associate, Insurance Risk Modeling

Careers at KKR

New York, NY • On-site

$120K - $130K/yr

Full-time

Posted 10 days ago

Job description

COMPANY OVERVIEW
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries.
Actuarial Associate, Insurance Risk Modeling
Build the models that move the business
If you love being hands-on with models - architecting them, breaking them, stress-testing them, and making them better - this role is built for you. As an Actuarial Associate on GA Risk's modelling team, you'll spend your days deep in the mechanics of insurance liability models that drive real decisions: how products are priced, how billions in liabilities are valued, how risk is hedged, and how the firm manages its balance sheet. You'll own models end to end and see your work shape live pricing and risk decisions.
What makes this role different
You won't be maintaining someone else's black box. You'll be developing and enhancing liability models directly in our risk platform, running stresses across GAAP, Stat, Econ, and Bermuda lenses to understand how liabilities behave under pressure, and building the analytical tools that let Risk challenge the status quo on modeling and pricing.
You'll also sit close to the action. As new products launch and institutional transactions come onboard, you'll be the one bringing them onto the platform - which means you'll understand the full picture of both actuarial and market risk, not just a narrow slice of it.
AI is going to be central in what you do. It is already elevating everything the team does and you will be asked to explore and integrate with AI with your daily work in every way possible.
What you'll do
  • Develop and enhance insurance liability models in KKR Insurance Risk's liability modeling platform.
  • Perform liability stresses under multiple lenses (GAAP / Stat / Econ / Bermuda), building a deep understanding of both actuarial and market risk.
  • Onboard institutional transactions onto the Risk platform.
  • Support new product launches and keep risk models current with rate changes and new product features
  • Run validation and control reviews of actuarial and financial models, including critical assessment of the methodologies and assumptions behind them
  • Build quantitative models and analytical tools that empower Risk to provide constructive challenges to current risk management, modeling, and pricing practices
  • Communicate findings and their implications clearly to Risk's leadership and business stakeholders

What you'll bring
  • Bachelor's degree in quantitative disciplines
  • 4 to 5+ years in a diversified life and annuity / financial or actuarial consulting environment
  • 4 to 5+ years modeling insurance products, with a proven track record on complex products, ideally with MG-ALFA/Pathwise/PolySystem experiences.
  • Clear, compelling communication skills, especially when translating technical concepts for both technical and non-technical audiences

Nice to have:
  • Professional designation such as FSA / ASA or CFA
  • Working knowledge of life and annuity products
  • Prior hedging or ALM experience
    • Strong Python skills - highly desired.

This role is not eligible for visa sponsorship now or in the future.
This is the expected annual base salary range for this New York-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Base Salary Range $120,000 - $130,000
#LI-Onsote
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.

Apply