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

Kafene

Risk Manager

New York, NY · On-site

$95K - $130K/yr

As a Risk Manager, you will report to the VP of Risk and help build Kafene's profit-driven consumer ... vision insurance costs, including coverage for your spouse, children, and other dependents.

Schonfeld

Risk Manager

New York, NY · On-site

$175K - $275K/yr

The Role We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk ...

Schonfeld

Risk Manager

New York, NY · On-site

$175K - $275K/yr

The Role We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk ...

Coast

Risk Manager

New York, NY · On-site

... spend management platform. About the Role The Risk team at Coast owns the full credit and fraud ... Medical, dental and vision insurance * Flexible paid time off (vacation, personal well being, paid ...

Betterment

Risk Manager

New York, NY · Hybrid

$140K - $155K/yr

As a Risk Manager, you will own a portfolio of risk processes, perform risk assessments, and consult with management to keep our risk posture strong as the business grows. You will use AI and ...

Coast

Risk Manager

New York, NY · On-site

... spend management platform. About the Role The Risk team at Coast owns the full credit and fraud ... Medical, dental and vision insurance * Flexible paid time off (vacation, personal well being, paid ...

Invesco

Risk Manager

New York, NY · Hybrid

$150K - $165K/yr

Collaborate with investment teams in monitoring and managing portfolio risk. Provide risk analytic insight that enhances the investment process. Contribute to the development of new products and ...

Tutorperini

Regional Risk Manager

New York, NY · On-site

$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 ...

TerraForm Power

Manager, Risk and Insurance

Manhattan, NY · On-site

$120K - $145K/yr

Manager, Risk and Insurance Job Type: Exempt Salaried, Full-Time Location: New York, NY (office onsite) Reports To: Director, Finance Department: Finance About Us TerraForm Power is a leading owner ...

Nomura International

Portfolio Risk Manager

Manhattan, NY · On-site

$160K - $190K/yr

Experience in mortgage/securitized products, leveraged loans etc., concentration management, risk mitigation techniques (Credit Insurance) and portfolio RWA/capital optimization would be an advantage.

The HR Source

Senior Risk Manager

New York, NY · On-site

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 ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care options * Employer Paid Group ...

Nomura International

Portfolio Risk Manager

Manhattan, NY · On-site

$160K - $190K/yr

Experience in mortgage/securitized products, leveraged loans etc., concentration management, risk mitigation techniques (Credit Insurance) and portfolio RWA/capital optimization would be an advantage.

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Showing results 21-40

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

Insurance Risk Manager information

See Summit, NJ salary details

$87.7K

$129.1K

$197.6K

How much do insurance risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for insurance risk manager in Summit, NJ is $129,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,300.00 and $146,600.00 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 Summit, NJ look for?

The top searched job categories for Insurance Risk Manager jobs in Summit, NJ are:

What cities near Summit, NJ are hiring for Insurance Risk Manager jobs?

Cities near Summit, NJ with the most Insurance Risk Manager job openings:

Insurance Risk Manager jobs near you
Infographic showing various Insurance Risk Manager job openings in Summit, NJ as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 19% Part Time, and 5% Contract. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $129,111 per year, or $62.1 per hour.

Risk Manager

Kafene

New York, NY • On-site

$95K - $130K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 24 days ago

Job description

Get to Know Us
Kafene is revolutionizing the lease-to-own space. We're the point-of-sale powerhouse making flexible lease-to-own accessible to everyone-prime and non-prime customers alike. Our secret weapon? Cutting-edge AI and machine learning that analyzes 20,000+ data inputs in real-time, empowering retailers across furniture, appliances, electronics, tires, and durable goods to say "yes" to more customers.
The numbers tell our story: over $500 million in originations and counting. But we're just getting started.
Our 150-person team spans NYC headquarters, Wilmington, and remote talent across the globe-all united by a culture that thrives on collaboration, innovation, and genuine support. We don't just talk about great workplace culture; we deliver it. That's why Built In named us a Startup to Watch and Forbes recognized us as one of the Best Startup Employers.
Ready to be part of the fintech revolution? Join us.
About the Team
Kafene's Risk team is a key driver of growth for the business. As a Risk Manager, you will report to the VP of Risk and help build Kafene's profit-driven consumer underwriting strategies. You will harness complex data sources and machine learning, and you will partner across technology and senior leadership to develop strategies that optimize credit risk, fraud risk, and other factors across underwriting, portfolio management, and collections.
What You'll Do
  • Leverage multiple and complex data sources such as Bureau information, alternative data, consumer behavior, the macro environment, and portfolio performance metrics to perform quantitative analyses, classification/decision-tree analyses and/or machine learning modeling to understand root causes and/or potential business opportunities
  • Translate data into meaningful insights, and design, implement and iterate on strategies to drive profitable business growth. Review findings with senior management, like CRO and CEO.
  • Design and manage A/B tests, pilot programs, and controlled experiments to evaluate new strategies, including defining test populations, randomization logic, and success criteria.
  • Build and maintain dashboards and reporting infrastructure to enable real-time monitoring of strategy performance across key metrics.
  • Monitor our acquisition and portfolio performance related to consumer or merchant credit risk, fraud risk, lease amount, term, channel, and other important metrics across the account lifecycle.
  • Monitor both internal and macroeconomic performance to define risk appetite and ensure healthy businesses under different environments.
  • Partner with technology, product, and cross-functional teams to ensure timely and quality implementation with diligent test validation. Track the performance to ensure that it meets expectations.

What You'll Bring
  • Master's degree in a quantitative discipline such as Statistics, Operations Research, Economics, Engineering, Data Science, or other STEM majors.
  • Minimum 2 years in the financial industry in an analytical function. Experience in credit risk strategy/collection areas is a plus
  • High Proficiency in business reporting and analytical tools such as Power BI and, Tableau is required
  • High-level proficiency in Python, SQL, SAS or other data mining and analytical tools. Familiarity with any decision tree analysis tool, like Enterprise Miner, is a plus
  • Experience of extracting business insights from data analysis and assembling them into clear business insights or recommendations in the financial service/consumer lending industry

Compensation and Benefits:
  • Base Salary: Earn a competitive base salary $95,000-$130,000
  • Healthcare: We prioritize your well-being by covering 80% of medical, dental, and vision insurance costs, including coverage for your spouse, children, and other dependents.
  • Retirement Benefits: Begin planning for your future from day one with our 401k plan.
  • Paid Time Off: We understand the importance of work-life balance. That's why we offer flexible paid time off days starting from day one of your employment.

We're building a team as diverse as the customers we serve. Kafene is proud to be an equal-opportunity employer, and we mean it. We welcome qualified applicants of every race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, veteran status, and all other legally protected characteristics.
Need accommodation during the application process? We've got you. If you're applying for a U.S. position and require reasonable accommodation at any stage, reach out to careers@kafene.com with details about your request and contact information. We're here to help make the process work for you.
Note: This email address is specifically for accommodation requests and will only respond to those inquiries.

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