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

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 ...

Risk Management The Risk Manager I manages the creation, implementation and validation of various risk segmentation strategies including, but not limited to: adjudication, account management ...

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 ... Medical, dental and vision insurance * 401(k) Retirement Plan with 85% company match on your pre ...

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 ...

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 Aug 13, 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?

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:
Infographic showing various Insurance Risk Manager job openings in Somerset, NJ as of August 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.

Fraud Risk Manager

Made Card

New York, NY • On-site

$100K - $110K/yr

Full-time

Medical, Dental, Vision, PTO

Re-posted 21 days ago


Job description

About the Company
Made's mission is to help homeowners save time, money, and stress. It starts with Made Card - a credit card designed specifically for homeowners, with unmatched rewards on mortgage payments, home improvements, utilities, and essential purchases. Each swipe powers a personalized home management platform where users can manage home systems & appliances, stay ahead on upkeep, and get help - from AI-driven guidance to in-person services - exactly when they need it most. By bringing together financial tools, data, and trusted professionals, we give people more control, more savings, and more time to enjoy the place they call home.
We're partnered with leading national players in the residential homeownership space - from mortgage lenders to home services providers - embedding Made into the key moments of the homeowner journey. These partnerships let us reach millions of households across the country and deliver meaningful benefits to homeowners.
Backed by top investors like Village Global, Jump Capital, Recharge Capital, and Soma Capital, our leadership team brings deep fintech, mortgage, and credit card experience from Ramp, Bain Capital, JP Morgan Chase, American Express, and Morgan Stanley. We're building the financial and engagement platform for the next generation of homeowners - one that puts the homeowner at the center, and redefines what it means to feel at home.
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 will collaborate closely with Product, Engineering, and Operations teams to deliver risk-based, customer-centric fraud strategies.
This role offers an exciting opportunity to lead and innovate in the field of credit card fraud prevention, ensuring the security and integrity of our services while delivering exceptional value to our customers.
What You'll Do
Fraud Risk Management at Made Card spans three overlapping areas:
  • Origination: Building and maintaining a strong KYC program that ensures we bring only legitimate customers into our program. This includes KYC and Sanctions screening.
  • Account management: Building and maintaining a set of controls to protect our customers' accounts from account takeovers and payment controls to minimize the risk of returns (in close collaboration with Credit Risk).
  • Authorizations: Maintaining a strong fraud authorizations playbook to minimize point of sale fraud losses.

In each of these areas, the work will involve the following:
  • Constantly evaluating our capabilities against emerging threats (e.g. deepfake videos) and upgrading our tech stack as needed (including using new vendors).
  • Reviewing and adjudicating escalations (e.g., deciding on KYC reviews, managing the authorizations case load).
  • Establishing KPIs (e.g., fraud denial rate at onboarding and authorizations) and working hands on with data to develop reporting capabilities (e.g., using Retool).
  • Take accountability for fraud loss metric (first payment default rate, R10 returns, reward points fraud loss rate, transaction fraud loss rate).
  • Preparing case studies (both loss prevented and loss taken), presenting to the Executive Team, and incorporating learnings.
  • Adopting and implementing a test-and-control system to quantify the benefits of new tools and strategies.
Ideal Background
  • 2+ years of experience in fraud prevention in financial services required. Experience in the credit card domain a big plus.
  • Strong technical acumen: pull data, analyze, create KPIs, create reporting tools (Python, SQL knowledge a plus)
  • Exceptional strategic thinking and problem-solving skills.

We understand that not everyone comes from a traditional background. If you are a rockstar with a non-traditional path, we'd love to talk to you!
Nice to Have
  • Experience in fintech, credit cards, real estate, or home services.
  • Familiarity with compliance-heavy or regulated marketing environments.
  • Passion for credit cards, rewards, or homeownership-related products.

Benefits
  • Base Compensation Band: $100,000-$110,000 (determined by experience, qualifications, and location)
  • Compensation: Competitive salary with a meaningful stake in the company via equity
  • Health & Well-being: We'll invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits
  • Grow Together: Company-wide orientation for you to successfully onboard and other learning & development opportunities including regular review cycles that feature 360 degree feedback
  • Mortgage Benefit: Receive up to $25,000 toward closing costs of a new mortgage via our mortgage partners
  • Play Together: Quarterly budgets for team and company outings. Use it for team swag, cooking classes, or team dinners!
  • Generous Time Off: Flexible paid time off, sick days, and 11 company holidays

Throughout the interview process, please remember that emails will only be from madecard.com emails. We won't ever be asking for any personally identifiable information during the interview process itself. Please reach out to talent@madecard.com if you have any requests to verify the authenticity of an outreach.
Made Card is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Made Card makes hiring decisions based solely on qualifications, merit, and business needs at the time.