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Manager Risk Manager Jobs in Kentucky (NOW HIRING)

Deloitte

Manager - ServiceNow

Louisville, KY · On-site +1

Standing up delivery governance and operating rhythms; driving backlog, sprint, and release planning across Integrated Risk Management, Security Operations, Information Technology Operations ...

Technical Management Group

MEP Project Manager

Lexington, KY · On-site

$89K - $121K/yr

TMG provides end-to-end support from owner's team participation, planning, and risk management to operational readiness and close-out. The company specializes in ensuring safety compliance, cost ...

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Manager Risk Manager information

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

AspectManager Risk ManagerRisk Analyst
CredentialsCertifications like FRM, CRM, or CPA often preferredSimilar certifications may be beneficial but less required
Work EnvironmentOversees risk management teams, develops strategies, and manages risk policiesAnalyzes data, assesses risks, and supports risk management decisions
Employer & Industry UsageCommon in finance, insurance, and corporate sectorsUsed across finance, banking, and consulting firms

The Manager Risk Manager typically leads risk management efforts, develops policies, and manages teams, requiring advanced certifications and leadership skills. In contrast, the Risk Analyst focuses on data analysis, risk assessment, and supporting risk strategies. Both roles are vital in risk management but differ in scope, responsibilities, and seniority.

What does a risk manager do?

A Manager Risk Manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization’s operations, reputation, or profitability. They develop risk management strategies, policies, and procedures to minimize financial losses and ensure compliance with regulations. Additionally, they often lead a team of risk professionals, provide training, and work with other departments to implement effective risk controls.

What are the key skills and qualifications needed to thrive as a risk manager, and why are they important?

To thrive as a Risk Manager, you need strong analytical skills, a solid understanding of risk assessment methodologies, and typically a degree in finance, business, or a related field. Familiarity with risk management software, regulatory compliance frameworks, and certifications such as FRM or CRM are commonly required. Excellent communication, decision-making, and leadership abilities help you collaborate across departments and guide risk mitigation strategies. These skills and qualifications are vital for proactively identifying threats and ensuring the organization's stability and compliance.

What are some common challenges faced by a risk manager when implementing risk management frameworks across different departments?

A Manager Risk Manager often encounters challenges such as varying levels of risk awareness and compliance among departments, resistance to change, and difficulty in standardizing processes. Coordinating efforts across teams with different priorities requires strong communication and negotiation skills. Additionally, keeping up with evolving regulations and ensuring all teams are adequately trained to identify and mitigate risks is an ongoing responsibility. Addressing these challenges typically involves building strong relationships, providing targeted training, and regularly reviewing risk management processes for effectiveness.
What are the most commonly searched types of Risk Manager jobs in Kentucky? The most popular types of Risk Manager jobs in Kentucky are:
What cities in Kentucky are hiring for Manager Risk Manager jobs? Cities in Kentucky with the most Manager Risk Manager job openings:
Manager Risk Manager jobs near you

Vice President of Risk Management

Churchill Downs Incorporated

Louisville, KY • On-site

Full-time

Re-posted 27 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.
Work With Us
Churchill Downs Incorporated is an inclusive and fun place to work. We celebrate unique approaches and points of view. We believe diversity is a mindset that drives excellence. We're always learning, evolving and growing. We innovate through mutual respect of ideas and collaboration. This allows us to build a common language that inspires our team members and propels us toward the achievement of our vision.
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