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Manager Risk Manager Jobs in Pennsylvania (NOW HIRING)

Deloitte

Financial Risk Manager

Philadelphia, PA

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible ...

Customers Bank

AI Strategy & Risk Manager

Malvern, PA · On-site

The AI Strategy & Risk Manager serves as a coordinator and subject matter resource for Artificial Intelligence (AI) initiatives within the Risk Management organization. This role is responsible for ...

Citizens

Fraud Risk Analytics Manager

Pittsburgh, PA · Hybrid

$105K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge ...

Citizens

Fraud Risk Analytics Manager

Philadelphia, PA · Hybrid

$105K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge ...

Citizens

Fraud Risk Analytics Manager

Philadelphia, PA · Hybrid

$105K - $130K/yr

... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge ...

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All JobsManager Risk Manager JobsManager Risk Manager Jobs in Pennsylvania

Manager Risk Manager information

What does a risk management manager do?

A risk management manager identifies, assesses, and prioritizes potential risks to an organization, developing strategies to mitigate or manage those risks. They analyze data, implement policies, and work with various departments to ensure the company's assets and operations are protected from financial, legal, or operational threats.

What is the highest paying risk management job?

The highest paying risk management roles are often executive positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and oversight of enterprise-wide risk strategies in large organizations.

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 is the highest salary for a risk manager?

The highest salary for a risk manager 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 risk directors in financial services or corporate sectors tend to earn the highest compensation packages.

What does a Manager 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.

How much does a risk manager get paid?

A risk manager's average salary typically ranges from $80,000 to $150,000 annually, depending on experience, industry, and location. Senior risk managers or those in specialized sectors can earn higher compensation, often supplemented with certifications like FRM or CRM. Salary levels also depend on the size of the organization and the complexity of the risk management responsibilities.

What are some of the common challenges faced by a Manager 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 Pennsylvania? The most popular types of Risk Manager jobs in Pennsylvania are:
What are popular job titles related to Manager Risk Manager jobs in Pennsylvania? For Manager Risk Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Manager Risk Manager jobs in Pennsylvania look for? The top searched job categories for Manager Risk Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Manager Risk Manager jobs? Cities in Pennsylvania with the most Manager Risk Manager job openings:
Manager Risk Manager jobs near you
Manager, Risk & Insurance

Manager, Risk & Insurance

West Pharmaceutical Services

Exton, PA • Hybrid

Other

Posted 6 days ago

West Pharmaceutical Services rating

8.4

Company rating: 8.4 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

15th of 110 rated packaging manufacturers

Job description

This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week.

No relocation is provided for this opportunity

Who We Are:

At West, we're a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West's indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?  

There's no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.  

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.  

Job Summary
In this role, you will work closely with the Director, Global Risk and Insurance to support West commercial insurance strategies worldwide. Role requires active participation in all phases of property/casualty insurance placements, including identifying potential loss exposures and analyzing appropriate risk finance techniques for management response. Responsibilities will involve marketing and placement of designated insurance policies, as well as providing ongoing oversight and support for financial and claims administration duties as may be required.
Essential Duties and Responsibilities
  • Understand and promote Corporate objectives and functional insurance/risk management requirements.
  • Maintain strong working relationships with internal (Finance, Law, Procurement, Engineering, Operations and Quality representatives on the Corporate and local levels) and external (insurance brokers, underwriters, consultants, customers, vendors, and suppliers) clients. Maintain working knowledge of the global property/casualty insurance marketplace.
  • Support property/casualty insurance negotiations from compiling exposure data and preparing submissions through final placement; requirements include support document verification and ongoing maintenance support.
  • Coordinate internal engineering recommendations and construction updates through WPS' commercial property program; support internal workflow review protocols for carrier response.
  • Monitor compliance with carrier underwriting requirements; coordinate resources and preliminary responses for approval.
  • Assist with claims management and reporting.
  • Review loss runs; identify costs/benefits of insurable v. retained risks, participate in claim reviews and strategy sessions with senior management. Prepare monthly/quarterly loss reports for Corporate review as requested.
  • Process internal invoice requisitions and billing documents for supervisory approval. Review invoice statements for accuracy and address billing issues to final resolution.
  • Generate property & casualty certificates of insurance requests upon request.
  • Work closely with Director, Global Risk and Insurance to build a professional development plan for technical proficiency. Successfully complete continuing education assignments as assigned.
Education
  • Bachelor's Degree in Business, Risk Management or related field required
Work Experience
  • Minimum of 5 years of relevant experience in corporate insurance role or with insurance broker or carrier, excellent data and analytical skills, experience in managing global policies, handling of insurance claims, and strong leadership skills required.
Preferred Knowledge, Skills and Abilities
  • Proficient in MS Office including PowerPoint, Word, Excel, and Outlook.
  • SAP experience is a plus.
  • Strong data and analytics skills.
  • Able to be aware of all relevant standard operating procedures as per Company policy as they are related to the position covered by this Job Description
  • Support and contribute to Lean Sigma programs and activities towards delivery of the set target
  • Able to comply with the company's safety policy at all times
  • Able to comply with the company's quality policy at all times.
  • Highly organized and excellent communication skills; able to establish rapport with diverse personalities; responsive to people's needs; demonstrates initiative and commitment to quality. #LI-NJ1 #LI-Hybrid
License and Certifications
  • Should hold current PA producer license or be willing to obtain within one year of work
  • CIC/CRM/ARM designations preferred
Travel Requirements
None: No travel required
Physical Requirements
Sedentary-Exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

West is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, or disability status.  If you have a special need that requires accommodation in order to apply to West, please send an email to Apply.Accommodation@westpharma.com.  Where permitted by law, an offer of employment with West Pharmaceutical Services, or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of background screening and/or a pre-employment drug screening.

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