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Manager Risk Manager Jobs in Virginia (NOW HIRING)

Risk Manager Responsible for the facility/division's risk management activities, which include coordinating insurance coverage and risk financing, managing claims against the division/facility ...

RISK MANAGER

Portsmouth, VA · On-site

$90K/yr

You will serve as a RISK MANAGER in the Operations Department, Code 300, Operations Planning Manager, Code 300.1 of NORFOLK NAVAL SHIPYARD.Qualifications:Your resume must demonstrate at least one ...

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Manager Risk Manager information

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 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 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 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.

Do risk managers make good money?

Risk managers typically earn competitive salaries that vary based on experience, industry, and location. According to industry data, median annual pay ranges from $80,000 to over $130,000, with senior roles and certifications like FRM or CRM often commanding higher compensation. The role requires strong analytical skills and knowledge of risk assessment tools.

How much do risk managers earn?

Risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $150,000 depending on experience, industry, and location. Advanced certifications like the FRM or CRM can also influence earning potential.

What are the most commonly searched types of Risk Manager jobs in Virginia?

The most popular types of Risk Manager jobs in Virginia are:

What cities in Virginia are hiring for Manager Risk Manager jobs?

Cities in Virginia with the most Manager Risk Manager job openings:

Risk Manager

Sentara Healthcare

Virginia Beach, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


Sentara Health rating

6.7

Company rating: 6.7 out of 10

Based on 412 frontline employees who took The Breakroom Quiz

534th of 893 rated healthcare providers


Job description

City/State
Virginia Beach, VA
Work Shift
First (Days)
Overview:
Risk Manager
Responsible for the facility/division's risk management activities, which include coordinating insurance coverage and risk financing, managing claims against the division/facility, interfacing with claims adjusters and defense legal counsel.
Also responsible for coordinating and maintaining a loss control program, administering the risk management program on a day-to-day basis, managing and analyzing risk management data, and conducting risk management educational programs. Coordinates with division leaders and collaborates with clinical teams to develop strategies to prevent medical error and reduce loss. Engages team members to evaluate incidents and conduct investigation provide for appropriate response to claims. Ensures compliance with risk management related laws and regulation to control and minimize losses.
Identifies trends and reviews System reports; conducts loss control audits; and conducts reviews to evaluate patient care quality and to identify possible risk exposures. Participates with select committees related to the assessment of patient care and safety, customer satisfaction and facility issues to assist in providing risk management expertise and direction.
Travel is required for this position, areas of coverage include: Hampton Roads (Williamsburg to Suffolk), Eastern North Carolina
Education
  • Bachelor's degree in related field required.
  • Masters degree in Business or Health related field preferred Name of Degree (Required)

Certification/Licensure
  • insurance Associate in Risk Management (ARM) certification, Certified Safety Professional (CSP),or Certified Property and Casualty Underwriter (CPCU) required within 3 years of hire.

Experience
  • 2 years experience required which can include Healthcare Administration, Healthcare Compliance, Risk Management, Clinical Compliance, Patient Safety
  • from the following areas : healthcare, nursing, regulatory/compliance, business, risk management, legal, and/or insurance

Benefits: Caring For Your Family and Your Career
Medical, Dental, Vision plans
• Adoption, Fertility and Surrogacy Reimbursement up to 10,000
• Paid Time Off and Sick Leave
• Paid Parental & Family Caregiver Leave
• Emergency Backup Care
• Long-Term, Short-Term Disability, and Critical Illness plans
• Life Insurance
• 401k/403B with Employer Match
• Tuition Assistance - 5,250/year and discounted educational opportunities through Guild Education
• Student Debt Pay Down - 10,000
• Pet Insurance
• Legal Resources Plan
• Colleagues have the opportunity to earn an annual discretionary bonus if established system and employee eligibility criteria is met.
Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30,000-member workforce. Diversity, inclusion, and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.
In support of our mission "to improve health every day," this is a tobacco-free environment.
For positions that are available as remote work, Sentara Health employs associates in the following states:
Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

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