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

Principal Risk Manager (AMZ1531990) (Multiple Positions), Amazon Web Services, Inc., New York, NY ... Amazon also offers comprehensive benefits including health insurance (medical, dental, vision ...

Position Summary We are seeking an experienced Risk Manager to lead the development and ... Benefits 401(k) and 401(k) Employer Matching Health Insurance Dental Insurance Group Life Insurance ...

WAM Investment Risk Manager

New York, NY · Hybrid

$175K - $200K/yr

... risk management within the financial services industry. Technical Skills Expertise in riskfactor ... Competitive medical, dental, and vision insurance to support your well-being - Retirement Savings ...

Cyber Defense & Resilience - Insider Risk Manager Are you interested in working in a dynamic environment that offers opportunities for professional growth and new responsibilities? If so, Deloitte ...

The Third Party Risk Manager position will be primarily responsible for managing and leading the assessment of the information security posture of key clients' third parties while overseeing the ...

The Third Party Risk Manager position will be primarily responsible for managing and leading the assessment of the information security posture of key clients' third parties while overseeing the ...

The Opportunity LTSE is looking for an Enterprise Risk Manager who brings both rigor and practical judgment to complex business and regulatory questions. In this role, you will help shape and operate ...

Showing results 41-60

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 Sep 2, 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 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 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:

Infographic showing various Insurance Risk Manager job openings in Somerset, NJ as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $128,376 per year, or $61.7 per hour.

Insurance Risk Expert - Fully Remote | Upto $60/hr

Mercor

New York, NY • Remote

$60/hr

Full-time

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

About the job

Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco, our investors include Benchmark, General Catalyst, Peter Thiel, Adam D'Angelo, Larry Summers, and Jack Dorsey.

Position: Insurance Experts
Type: Contract
Compensation: $50–$60/hour
Location: Remote

Role Responsibilities

  • Construct enterprise insurance scenarios spanning complex commercial underwriting, multi-stakeholder claims adjudication, and regulatory filing or compliance review cycles at Fortune 500 carriers.
  • Build insurance tasks across F500 underwriting and risk assessment, claims management, actuarial pricing and reserving, reinsurance strategy, and regulatory/compliance affairs.
  • Develop insurance operations scenarios involving tools such as Guidewire, Duck Creek, actuarial modeling platforms (SAS, R), and enterprise claims/policy administration systems in F500 stacks.
  • Apply enterprise insurance methodologies (actuarial risk modeling, loss reserving, ERM frameworks, NAIC compliance standards) and produce reference underwriting guidelines, claims strategies, and executive-level risk narratives.
  • Author rubrics that distinguish authentic enterprise insurance judgment from generic textbook or licensing-exam recall.

Qualifications

Must-Have

  • 5+ years working in underwriting, claims, actuarial, or risk management at a Fortune 500 insurance carrier or reinsurer (State Farm, Allstate, Chubb, AIG, Berkshire Hathaway) or inside an F500 enterprise risk/insurance organization.
  • Direct ownership of F500-scale underwriting portfolios, claims operations, or actuarial pricing models.
  • Fluency in enterprise insurance tooling and methodologies, plus understanding of how F500 regulatory compliance, reinsurance treaties, and reserving practices actually work.

Preferred

  • Prior rubric, actuarial/underwriting training curriculum, or claims documentation authorship is a plus.

Application Process (Takes 20–30 mins to complete)

  • Upload resume
  • AI interview based on your resume
  • Submit form

Resources & Support

  • For details about the interview process and platform information, please check: https://talent.docs.mercor.com/welcome
  • For any help or support, reach out to: support@mercor.com

PS: Our team reviews applications daily. Please complete your AI interview and application steps to be considered for this opportunity.