1

Insurance Risk Manager Jobs in Troy, MI (NOW HIRING)

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

Cybersecurity Risk Manager

Detroit, MI · On-site +1

$70K - $140K/yr

Work with business segment management to ensure that the overall risk function is effectively ... In addition, Huntington provides a variety of benefits to colleagues, including health insurance ...

Direct experience designing and managing global insurance programs, including placement, renewals, claims management, and broker oversight. * Strong knowledge of financial risk assessment, internal ...

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk ...

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk ...

... Manager/FRM) has broad responsibility to protect the hospital's assets from loss. The FRM is ... insurance offering, a physician network and various related services located all over the U.S.

... Manager/FRM) has broad responsibility to protect the hospital's assets from loss. The FRM is ... insurance offering, a physician network and various related services located all over the U.S.

... Manager/FRM) has broad responsibility to protect the hospital's assets from loss. The FRM is ... insurance offering, a physician network and various related services located all over the U.S.

... Manager/FRM) has broad responsibility to protect the hospital's assets from loss. The FRM is ... insurance offering, a physician network and various related services located all over the U.S.

... Manager/FRM) has broad responsibility to protect the hospital's assets from loss. The FRM is ... insurance offering, a physician network and various related services located all over the U.S.

next page

Showing results 1-20

Insurance Risk Manager information

See Troy, MI salary details

$78.2K

$115.2K

$176.3K

How much do insurance risk manager jobs pay per year?

As of Jun 11, 2026, the average yearly pay for insurance risk manager in Troy, MI is $115,161.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,700.00 and $130,800.00 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 Troy, MI look for? The top searched job categories for Insurance Risk Manager jobs in Troy, MI are:
What cities near Troy, MI are hiring for Insurance Risk Manager jobs? Cities near Troy, MI with the most Insurance Risk Manager job openings:
Insurance and Risk Manager

Insurance and Risk Manager

Project Worldwide

Auburn Hills, MI • Hybrid

Other

Posted 2 days ago


Job description

Insurance and Risk Manager

Employment type: Full-time/Hybrid- Must be able to commute to office 2x per month


Job Description

Manage and oversee the organization’s comprehensive corporate insurance and global risk management program, assessing and identifying risks, implementing solutions to eliminate or minimize exposures, and reduce insurance premiums for the success of the organization.


Essential Responsibilities:

  • Manage relationships with brokers, carriers, bankers, and third-party vendors
  • Coordinate and submit the gathering of insurance policy renewal data
  • Lead insurance renewals, contract reviews, audits, premium analysis, and payments
  • Manage GL and WC claims and ensure compliance with risk management policies
  • Work closely with the Treasury Team on global Risk Management and Treasury projects


Insurance:

  • Prepare, implement, and oversee insurance policies and procedures
  • Manage insurance procurement, develop and implement risk management and compliance policies/procedures, and manage claims and litigation Manage and track premium payments and endorsements to policies
  • Review renewal policies and compare various methods of insurance coverage
  • Assess proper internal cross-charges for global premiums
  • Review contractual insurance language
  • Report exposures, claims and statistics to senior management
  • Identify and evaluate loss exposures and develop programs to mitigate risk
  • Monitor all risk management related costs to identify opportunities for cost savings
  • Assist various internal departments with managing insurance requirements for clients/events
  • Support existing workplace safety programs and assist with new policies and procedures


Treasury:

  • Assist with processing of domestic and international wire/ACH payments as needed
  • Assist with Execute Line of Credit borrowing/investment transactions as needed
  • Assist with Cash Management of daily and monthly cash reporting and posting as needed
  • Assist with Treasury tasks, responsibilities, and special projects as needed
  • Manage bank user security entitlements and mandate audit requirements related to bank accounts and all financial transactions


Education, Experience and Skills

  • Bachelor’s degree in Finance, Accounting, or Risk Management required
  • 5+ years of insurance and risk management experience
  • Strong financial analysis skills
  • Ability to multi-task and meet deadlines with minimal supervision
  • Superior organization, project management skills and mindfulness
  • Knowledge of insurance laws, loss control management and claims administration procedures
  • Strong with MS Office applications (Word, Excel, PowerPoint, etc.)