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

Manager, Risk (Insurance)

Manhattan, NY · On-site

$120K - $145K/yr

Job Summary TerraForm Power is seeking a highly motivated and detail-oriented Risk Manager to support the organization's risk management and insurance programs across its renewable energy operations.

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 ...

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.

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.

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 ...

Comprehensive health and life insurance and well-being benefits, based on location * Pension ... Market Risk Manager is responsible for the monitoring of daily margin calculation and managing ...

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Showing results 1-20

Insurance Risk Manager information

See Wayne, NJ salary details

$81.8K

$120.5K

$184.5K

How much do insurance risk manager jobs pay per year?

As of Jul 1, 2026, the average yearly pay for insurance risk manager in Wayne, NJ is $120,506.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,200.00 and $136,900.00 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 Wayne, NJ look for? The top searched job categories for Insurance Risk Manager jobs in Wayne, NJ are:
What cities near Wayne, NJ are hiring for Insurance Risk Manager jobs? Cities near Wayne, NJ with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Wayne, NJ as of June 2026, with employment types broken down into 71% Full Time, 23% Part Time, and 6% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $120,506 per year, or $57.9 per hour.

Actuarial Associate, Insurance Risk Modeling

Careers at KKR

New York, NY • On-site

$120K - $130K/yr

Other

Posted 16 days ago


Job description

Position Summary:

The Actuarial Associate, Insurance Risk Modelling plays a key role in the development, maintenance, and validation of insurance liability models that support pricing, valuation, hedging, and asset-liability management (ALM). This role involves building and enhancing models within the firm's risk platform, performing stress testing across multiple regulatory and economic frameworks, and ensuring models remain aligned with evolving product features and assumptions. The associate collaborates closely with risk management and business stakeholders to communicate insights, support transaction onboarding, and contribute to the development of analytical tools that strengthen risk oversight and challenge existing modeling and pricing practices.

Responsibilities:

  • Develop insurance liability models in GA Risk's liability modelling platform.
  • Communicate findings and implications to Risk's management team and other stakeholders
  • Help onboard various Institutional transactions onto our Risk platform.
  • Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks.
  • Support new product launches and ensure the risk models are up to date with regular rate changes, new product features.
  • Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models.
  • Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices.

Qualifications:

  • Bachelor's Degree in a quantitative discipline required.
  • 5+ years in a diversified life and annuity/financial or actuarial consulting firm.
  • Professional designation in financial risk management, such as FSA/ASA or CFA preferred.
  • 5+ years of experience in insurance models with proven track records of modelling complicated insurance products.
  • Knowledge of insurance products (both life and annuities) preferred.
  • Previous experience in hedging or ALM preferred.
  • Python programming skills are highly desired.
  • Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.

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 

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