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Manager Of Risk Management Jobs in Kentucky (NOW HIRING)

TwinSpires

Risk Management Agent

Lexington, KY

JOB SUMMARY The Risk Management Agent is responsible for protecting the integrity of TwinSpires accounts through fraud prevention, collections management, account investigations, and regulatory ...

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VIOC

Associate Risk & Insurance Analyst

Lexington, KY · On-site

The Opportunity The Associate Risk & Insurance Analyst supports the management of Valvoline's corporate insurance programs and risk financing strategy. This role partners with Treasury leadership and ...

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Manager Of Risk Management information

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$37.8K

$90.1K

$145.5K

How much do manager of risk management jobs pay per year?

As of Jul 6, 2026, the average yearly pay for manager of risk management in Kentucky is $90,070.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,000.00 and $114,600.00 per year, depending on experience, location, and employer.

What is the difference between Manager Of Risk Management vs Risk Analyst?

AspectManager Of Risk ManagementRisk Analyst
Required CredentialsBachelor's degree, professional risk management certifications (e.g., CRM, FRM)Bachelor's degree, often pursuing certifications like CRM or FRM
Work EnvironmentOversees risk management teams, develops strategies, collaborates with senior managementAnalyzes data, assesses risks, prepares reports, supports risk strategies
Employer & Industry UsageFinancial institutions, insurance companies, large corporationsFinancial firms, insurance, consulting, and corporate risk departments

The Manager Of Risk Management typically leads risk strategies and manages teams, requiring advanced certifications and experience. In contrast, a Risk Analyst focuses on data analysis and risk assessment, often with similar educational backgrounds but less managerial responsibility. Both roles are essential in risk management but differ in scope and seniority.

What does a risk management manager do?

A risk management manager oversees an organization’s processes to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management strategies, implement policies, and often use tools like risk assessment software to monitor and control risks, ensuring compliance with regulations and organizational goals.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual wages range from $70,000 to over $120,000, with senior roles and certifications like FRM or CRM often commanding higher pay. The role requires strong analytical skills and knowledge of risk assessment tools.

What is the highest salary for a risk manager?

The highest salaries for risk managers can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations. Senior risk managers or directors in financial services or insurance industries tend to earn the highest compensation packages.

How much does a risk manager get paid?

A risk manager's average salary varies by experience and location but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those in specialized industries can earn higher salaries, often exceeding $200,000 with additional certifications like FRM or CRM. Compensation also depends on the size of the organization and the complexity of the risk management responsibilities.
What are the most commonly searched types of Of Risk Management jobs in Kentucky? The most popular types of Of Risk Management jobs in Kentucky are:
What cities in Kentucky are hiring for Manager Of Risk Management jobs? Cities in Kentucky with the most Manager Of Risk Management job openings:
Manager Of Risk Management jobs near you
Vice President of Risk Management

Vice President of Risk Management

Churchill Downs Incorporated

Louisville, KY • Remote

Other

Posted 20 days ago

Job description

ABOUT CHURCHILL DOWNS INCORPORATED 

Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for more than 150 years, beginning with one of the most iconic and enduring events in sports and entertainment-the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI blends a rich legacy with a forward-looking approach to growth. Through the acquisition, development, and operation of live and historical racing entertainment venues, the expansion of online wagering services and other technology businesses, and the ownership and operation of regional casino gaming properties, CDI offers diverse career opportunities across the country. Our success is driven by dedicated team members who are passionate about delivering exceptional experiences, embracing innovation, and helping shape the future of entertainment.

JOB SUMMARY

A Vice President of Risk Management is a senior leader responsible for protecting the organization's assets, operations, and people through comprehensive risk and insurance strategies. This role oversees commercial insurance placement, captive insurance programs, and surety bonds, while leading claims management activities including negotiations, litigated claims oversight, and participation in mediations. The VP monitors liability exposure through actuarial reserve reviews, claims analysis, and regular reporting to stakeholders, supports contract reviews by advising on insurance provisions in partnership with legal, and leads incident response efforts for major events, including directing investigation teams. Additionally, this role supervises claims leadership, ensures priorities are aligned and work is executed effectively, and contributes to the Enterprise Risk Management program to support organizational objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Place coverages for all commercial lines to ensure assets and team members are properly insured.
  • Lead claims negotiations and discussions with insurance carrier, legal, and property representatives.
  • Support review of company contracts to provide feedback on insurance provisions in conjunction with corporate legal department.
  • Review quarterly actuarial reserve analysis.
  • Monitor litigated liability claims and provide updates to key stakeholders.
  • Participate in mediations.
  • Lead the Guest Incident Investigation Team at the Kentucky Oaks and Derby.
  • Obtain surety bonds.
  • Answer ad-hoc inquiries regarding coverage, best practices, and reserve changes.
  • Prepare meaningful claims data (cause of loss reports, claim summaries, loss rate analysis, etc.) for quarterly meetings with each property.
  • Oversee captive insurance company.
  • Supervise Director or Claims to ensure all work is properly prioritized and completed.
  • Serve on the Enterprise Risk Management team.
REQUIREMENTS
  • Bachelor's degree required; advanced degree preferred.
  • 10-15 years of relevant risk management experience preferred.
  • Excellent analytical, problem solving, and strategic thinking skills.
  • Ability to analyze, interpret, and summarize data.
  • Excellent financial acumen and understanding of risk management practices.
  • Significant experience with commercial insurance policies.
  • Experience working with a captive insurance company preferred.
  • Detail oriented, professional demeanor, strong organization and project management skills.
  • Strong interpersonal skills, including the ability to interact effectively with senior / executive management.
  • Excellent verbal and written communication / presentation skills.
  • Strong work ethic and ability to cultivate working relationships throughout the organization.
  • Proficient with Microsoft suite products (Excel, PowerPoint, etc.).

CHURCHILL DOWNS INCORPORATED

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

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