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Manager Of Risk Management Jobs in Kentucky (NOW HIRING)

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Manager Of Risk Management information

See Kentucky salary details

$37.8K

$90.1K

$145.5K

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

As of Jul 27, 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:

System Director of Risk Management

Uoflhealth

Louisville, KY

Full-time

Posted 21 days ago


Job description

Primary Location: Med Plaza One - UMCAddress: 100 E Liberty St Louisville, KY 40202 Shift: Job Description Summary: About UofL Health:
UofL Health is a fully integrated regional academic health system with six hospitals, four medical centers, nearly 200 physician practice locations, more than 700 providers, the Frazier Rehab Institute and Brown Cancer Center.
With more than 12,000 team members-physicians, surgeons, nurses, pharmacists and other highly skilled health care professionals-UofL Health is focused on one mission: delivering patient-centered care to each and every patient each and every day.Job Description:

Position Summary and Purpose
The System Director, Risk Management is responsible for promoting an environment of risk awareness and risk reduction, supervision of risk directors and managers, management of liability claims, including consulting with experts, attorneys, excess insurance carrier, and claimants. Actively participates in alternative dispute resolution; Directs facility risk awareness and risk reduction program, including loss prevention and loss control measures, analysis of trending concerns, risk reduction education; Assists in purchase and reserve setting of all lines of insurance coverage for UofL Health; Assists in development and education of system safety and risk management policies and procedures; Participates in sentinel event root cause analysis process; Assists Chief Legal Officer in developing strategic initiatives for organizational growth.

Essential Functions:
Develops, implements and directs system-wide risk management program, including loss prevention and loss control measures; overseeing the investigation, documentation and assessment of all actual and potential liability risk exposures for the system
Reviews trends in occurrence reporting data and reporting; reports to hospital administration and legal counsel, as needed, regarding risk management program, trends, and current issues
Oversees development and education of system safety and risk management policies and procedures; develops, presents and evaluates educational programs relating to risk management theory, current issues, and incident prevention
Participates in investigations of sentinel events and the root cause analysis process
Coordinates and oversees the completion of interrogatories, document productions and other discovery requests for professional, general and employment practices liability claims
Oversees purchase and reserve setting of all lines of insurance coverage for the system
Works with insurance underwriters and brokers with placement, maintenance, and renewal of all lines of insurance coverage, except workers' compensation
Oversees the management of workers compensation program for the system and related employee claims

Other Functions:
Participates in various other special projects related to protecting the health system against liability claims
Serves as a resource to physicians, administrators, nursing personnel and other hospital departmental personnel
Participates in developing and interpreting appropriate risk management policies, procedures, and techniques
Assists the System VP Compliance & Audit with all federal, state and local health care regulations and standards compliance.
Develop and review risk policies.
Assist System VP, Quality and Patient Safety as needed in patient safety education and standards.
Serves on the Emergency Preparedness Committee and monitors activity of all safety subcommittees
Maintains compliance with all company policies, procedures and standards of conduct
Serves as a resource to physicians, administrators, nursing personnel and other hospital and personnel
Complies with HIPAA privacy and security requirements to maintain confidentiality at all times
Serves as a member of the system's professional malpractice carrier's Underwriting Committee
Serves as a member of the system's professional malpractice carrier's Claims Committee
Attend mediation and trials as necessary.
Performs other duties as assigned

Additional Job Description:

Job Requirements
(Education, Experience, Licensure and Certification)

Education:
Bachelor's degree (required)
J.D. or Master's degree or higher (preferred)
Experience:
Minimum of 10 years of risk management, claims management, litigation and insurance experience (required)
Licensure:
Kentucky RN license (required)
Kentucky bar admission (preferred)
Certification:
Associate in Risk Management (ARM) and Certified Healthcare Environmental Manager (HEM) (preferred)


Job Competency:
Knowledge, Skills, and Abilities critical to this role:

Exemplifies service excellence - responsive, informs constituents of process, pleasant to work with, educates and provides timely, accurate information
Displays strong organizational skills - manages time effectively, keeps tasks appropriately prioritized and delegates appropriately; works proactively- anticipates and plans for problems before they arise; is able to perform work in a neat, efficient, well-coordinated, well communicated manner with a high degree of accuracy and professionalism
Role models strong work ethic - motivated, diligent, industrious and persistent in the workplace, stays on tasks to completion, works at a fast pace to ensure optimal efficiency; remains flexible - ability to change directions, as needed, to ensure optimal outcomes
Displays strong interpersonal skills- can build effective, strong working relationships with employees, colleagues, management and vendors through trust, communication, and credibility; displays self-awareness and emotional intelligence, exercises sound judgement
Displays strong leadership skills - ability to work collaboratively with others, serve others, help others, lead others, mentor others, and take directions from others in the interest of moving process and programs forward to the desired outcome
Language Ability:
Must be able to communicate effectively in both verbal and written formats

Reasoning Ability:
Ability to break down problems or tasks; scanning one's own knowledge and experience to identify causes and consequences of events
Computer Skills:
Proficient in Microsoft Office Suite (Word, Excel, Outlook)


Additional Responsibilities:
Demonstrates a commitment to service, organization values and professionalism through appropriate conduct and demeanor at all times
Maintains confidentiality and protects sensitive data at all times
Adheres to organizational and department specific safety standards and guidelines
Works collaboratively and supports efforts of team members
Demonstrates exceptional customer service and interacts effectively with physicians, patients, residents, visitors, staff and the broader health care community

UofL Health Core Expectation:
At UofL Health, we expect all our employees to live the values of honesty, integrity and compassion and demonstrate these values in their interactions with others and as they deliver excellent patient care by:
Honoring and caring for the dignity of all persons in mind, body, and spirit
Ensuring the highest quality of care for those we serve
Working together as a team to achieve our goals
Improving continuously by listening, and asking for and responding to feedback
Seeking new and better ways to meet the needs of those we serve
Using our resources wisely
Understanding how each of our roles contributes to the success of UofL Health