1

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

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 ...

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 ...

Risk Manager

New York, NY · On-site

$145K - $220K/yr

The Risk Professional will support the Risk Management and Modeling Team in monitoring HASI's portfolio of climate positive projects. In addition, the individual would support due diligence in ...

... 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 ...

Risk Manager

Manhattan, NY · On-site

$125 - $150/hr

... 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 ...

Risk Manager

Manhattan, NY · On-site

$150 - $200/hr

Skills / Other Personal Attributes Required:** · A passion for risk management and a proven interest in financial markets through work experience and outside activities · Strong statistical ...

Risk Manager

Manhattan, NY · On-site

$150 - $200/hr

Skills / Other Personal Attributes Required:** · A passion for risk management and a proven interest in financial markets through work experience and outside activities · Strong statistical ...

Risk Manager

New York, NY · On-site

$145K - $220K/yr

The Risk Professional will support the Risk Management and Modeling Team in monitoring HASI's portfolio of climate positive projects. In addition, the individual would support due diligence in ...

... 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 ...

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 ...

Showing results 21-40

Insurance Risk Manager information

See Westfield, NJ salary details

$83.3K

$122.8K

$187.9K

How much do insurance risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for insurance risk manager in Westfield, NJ is $122,753.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,000.00 and $139,400.00 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 are popular job titles related to Insurance Risk Manager jobs in Westfield, NJ?

For Insurance Risk Manager jobs in Westfield, NJ, the most frequently searched job titles are:

What job categories do people searching Insurance Risk Manager jobs in Westfield, NJ look for?

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

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

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

Infographic showing various Insurance Risk Manager job openings in Westfield, NJ as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 23% Part Time, and 5% Contract. Highlights an 83% Physical, 1% Hybrid, and 16% Remote job distribution, with an average salary of $122,753 per year, or $59 per hour.

Risk Manager

New York, NY • Hybrid

$140K - $155K/yr

Full-time

Retirement

Re-posted 4 days ago


Job description

About Betterment

Betterment is a leading, technology-driven financial services company that offers investing, savings and retirement solutions for retail investors and investment advisors as well as financial wellness solutions, including a 401(k) for small and medium-sized businesses. Our team is passionate about our mission, to empower people to build wealth with confidence and ease.  We're headquartered in NYC and offer hybrid NY-based positions (four days/ week in-office, with no required office days during the summer and winter holidays).

About the Role

This role sits on our Risk Management team - a small second line-of-defense (2LOD) function responsible for enterprise risk management (ERM) and effective challenge across operational risks such as third-party risk, fraud and identity theft, operational errors, and business continuity. The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations.

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 automation tools throughout your work to build context quickly, analyze data, and communicate risk clearly.

This role is based out of our NYC office. Below we've reflected the base salary range for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment's total compensation package for employees. 

  • New York City: $140,000-$155,000

This job may also be eligible for variable compensation in the form of a company incentive bonus. 

A Day in the Life
  • Own a portfolio of risk processes end to end, where success comes from a high degree of ownership over outcomes.
  • Proactively monitor risks related to third-party vendors.
  • Follow up on open issues to drive management attention and timely remediation.
  • Provide effective challenge feedback to product managers on new products and features.
  • Operate and monitor the results of control testing and monitoring processes.
  • Run SQL queries and reports, using AI tools for efficiency and automation.
  • Document complex business processes.
  • Provide evidence to auditors and examiners.
  • Partner across the second line and with Engineering, Security, Compliance, Legal, and Operations to assess and communicate risk in a way that earns buy-in.
What we're looking for
  • 4+ years of experience in financial services with exposure to one or more operational risk areas - for example, third-party risk, fraud, incident management, identity theft, records retention, audit fieldwork and reporting, and/or governance.
  • Intellectual curiosity and the ability to build context quickly in unfamiliar risk areas, supported by the team and by AI tools.
  • Proficiency using AI and automation tools to identify, document, and communicate risk management activities.
  • Strong, concise written and verbal communication, including the ability to deliver effective challenge while preserving partnership.
  • Good judgment in ambiguous situations with limited information, while always doing what is best for our customers.
  • Comfort working with data (e.g., SQL, spreadsheets) to test controls and support conclusions.
  • Professional certifications such as the CISA are a plus, but no license is required.