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Insurance Risk Manager Jobs in Worcester, MA (NOW HIRING)

Risk Management Specialist

Waltham, MA · Hybrid

$109K - $128K/yr

Supports the Risk Manager and Risk Director in preparing materials, insights and analysis for risk workshops, stakeholder meetings and reporting. Strong knowledge and understanding of all elements of ...

Risk Management Specialist

Waltham, MA · On-site

$109K - $128K/yr

... Manager and Risk Director in preparing materials, insights and analysis for risk workshops, stakeholder meetings and reporting. • Strong knowledge and understanding of all elements of the risk ...

We are looking for a Manager of Risk Managment to oversee Mass Advantages's full suite of Risk Adjustment activities. This position is responsible for the strategy, execution and performance of ...

Technology Risk Analyst

Ware, MA · On-site

$60K - $75K/yr

Medical, dental and vision insurance, a 401(k) Plan with a generous employer contribution plus ... This position supports the risk management and information security functions to ensure compliance ...

Manage the day to day Third Party Risk Management (TPRM) activities required to support required risk assessments of new and potential vendors for onboarding, performance and ongoing monitoring, and ...

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Showing results 1-20

Insurance Risk Manager information

See Worcester, MA salary details

$82.1K

$120.9K

$185.1K

How much do insurance risk manager jobs pay per year?

As of Jun 15, 2026, the average yearly pay for insurance risk manager in Worcester, MA is $120,923.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,500.00 and $137,300.00 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 Worcester, MA look for? The top searched job categories for Insurance Risk Manager jobs in Worcester, MA are:
What cities near Worcester, MA are hiring for Insurance Risk Manager jobs? Cities near Worcester, MA with the most Insurance Risk Manager job openings:
Safety and Risk Manager

Full-time

Medical, Dental, Vision, Retirement

Posted 15 days ago


Job description

What we do at SPS:

SPS helps condominium communities make confident, well-informed decisions about their aging buildings and shared property. With nearly 40 years of experience in exterior restoration and building envelope projects, SPS partners with boards and property managers to plan and execute long-term solutions that protect property values and support the future of the community.

 

What our Safety and Risk Manager will do:

As our Safety and Risk Manager, your role will have four main components: 1) Leading the Safety Team and building upon SPS’s “Safety First and Zero Incidents” culture. 2) Managing Insurance requirements within SPS and working with providers. 3) Oversee the Independent Contractor program. 4) Managing all aspects of the SPS vehicle fleet. The responsibilities are expected to include:

 Safety Team Management:

  •  Managing goal setting and performance of: Senior Safety Manager and Independent Contractor Liaison
  • Oversee management of SPS’s safety programs and procedures in order to ensure every employee returns home safely every night.
  • Completing safety inspections at job sites in New England
  • Holding one-on-one safety training sessions for new SPS employees.
  • Build Safety Programs in expansion markets as needed outside of New England.
  • Identifying gaps in programs and implementing strategies to close them. 

 Insurance Risk Mitigation:

  • Work with the IC Liaison to ensure any contractor working with SPS is properly insured
  • Manage relationships with SPS’s insurance providers and review current policies and renewals to make sure we’re always getting the best coverage and rates.
  • Serve as the main point of contact for insurance-related questions and issues.
  • Create and manage efficiencies within the department

Fleet Management:

  • Purchase and Sales of all company vehicles
  • Oversee auto claims and repairs
  • Coordinate vehicle service with drivers.
  • Holding an intro to vehicle safety training for new authorized SPS drivers.
  • Coordinate annual driver safety training.

Performing other incidental and related duties as required and assigned. A driver’s license and access to a vehicle for job-site visits will be required.

A successful Safety and Risk Manager balances these responsibilities through self-motivation, excellent time management, a desire to improve the efficiency and effectiveness of processes, and a strong commitment to “doing the job right.” The Safety and Risk Manager is a full-time, exempt position supervised by the Director of Operations Support.

 Key qualifications:

  • Reliability: Meets deadlines and delivers as promised. Gets the job done right the first time. Willing and able to work as needed to accomplish goals.
  • Self-motivated: Is disciplined. Sets and works to achieve goals without needing to be managed. Identifies and overcomes obstacles and sees tasks through to full completion
  • Organization: Is able to prioritize and accurately handle a diverse list of responsibilities. Comfortable in a fast-paced schedule with time-sensitive requirements.
  • Communication: Has excellent oral and written skills. Builds and maintains strong working relationships with clients, vendors, and employees. Ability to speak and understand Spanish a plus.
  • Problem Solving: Is able to effectively handle a variety of situations that may arise by solving them directly or working with others.
  • Team player: Works harmoniously with co-workers, clients, and vendors with a team-first attitude.
  • Attention to detail: Prioritizes precision and quality over quantity or speed. Pays close attention to detail.
  • Construction Knowledge: Has working knowledge of carpentry, roofing, and painting. Has knowledge of how to operate and maintain construction-related tools and equipment safely. 
  • Insurance Knowledge: Has worked in or closely with the Insurance industry. Knowledge of Workers’ Compensation, General Liability, and Auto policies specifically related to the construction Industry.
  • Technology: Has basic computer skills and is comfortable with Microsoft Office Suite. Experience using file sharing platforms like Box is a plus.

Employee benefits:

SPS offers a competitive benefits program that includes Medical, Dental, Vision, 401(K), and other benefits. Additional details will be made available during the hiring process.

 
Employment Type: FULL_TIME