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Manager Risk Manager Jobs in Madison, WI (NOW HIRING)

Mercyhealth

Risk Program Specialist

Janesville, WI

$80K - $129K/yr

OVERVIEW The primary purpose of the position is to administer the risk management program on a day-to-day basis. Schedule: Full-Time: salaried Shift: Days, may vary per business need Location:

Mercyhealth

Risk Program Specialist

Janesville, WI · On-site

$80K - $129K/yr

OVERVIEW The primary purpose of the position is to administer the risk management program on a day-to-day basis. Schedule: Full-Time: salaried Shift: Days, may vary per business need Location:

Santander

CIB Market Risk Associate

Madison, WI · On-site

$90K - $155K/yr

Provide day-to-day support of the risk management infrastructure Perform daily risk reporting and performance analysis Perform ad hoc risk analysis and support senior risk managers Lead project and ...

WPS

Director of Cyber Risk & Assurance

Madison, WI · On-site +1

$185K - $225K/yr

Enjoy leading the Cyber Risk & Assurance function encompassing governance, risk management, compliance coordination, and executive-level cyber risk reporting. * Can drive a risk-based assurance model ...

RenewAire LLC

Senior Project Manager

Waunakee, WI · On-site

Risk Management: Identify potential risks, develop mitigation strategies, and ensure compliance with organizational standards. Advise project champions regarding risks and best options towards ...

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All JobsManager Risk Manager JobsManager Risk Manager Jobs in Madison, WI

Manager Risk Manager information

See Madison, WI salary details

$23.2K

$61.8K

$103.3K

How much do manager risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for manager risk manager in Madison, WI is $61,819.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,300.00 and $69,500.00 per year, depending on experience, location, and employer.

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 job categories do people searching Manager Risk Manager jobs in Madison, WI look for? The top searched job categories for Manager Risk Manager jobs in Madison, WI are:
Manager Risk Manager jobs near you
Risk Manager

Risk Manager

Wisconsin Collaborative for Healthcare Quality

Madison, WI • On-site

Full-time

Retirement

Posted 7 days ago

Job description

The Opportunity
Are you a dynamic risk management professional ready to make a meaningful impact for clients in the Construction and Real Estate industries? As a Risk Manager at M3, you'll be at the forefront of client safety and cost containment strategy, partnering with Client Executives in our Construction and Real Estate practice group to deliver high-quality risk management services. This role offers an exciting blend of analytical expertise, client consulting, and relationship building - making it an ideal opportunity for driven professionals looking to shape real outcomes for middle and large market clients in these dynamic industries.
How You Will Make an Impact
  • Drive cost containment strategies for a portfolio of 25-30 clients, developing and executing customized service plans with clear objectives and industry benchmarks.
  • Consult directly with clients on overall risk management programs, safety initiatives, and regulatory compliance specific to construction and real estate environments - both over the phone and face-to-face.
  • Deliver data-driven insights through loss reporting analysis, custom spreadsheets, and Risk Analysis Report interpretations that help clients and prospects make informed decisions.
  • Collaborate with Client Executives to support renewals, negotiate fully insured programs using actuarial analysis, and help retain and grow the client base.
  • Develop and present high-level risk management reports, Market Trend Alerts, and training materials tailored to the unique exposures of construction and real estate operations.
  • Build lasting relationships with clients, carrier partners, and internal colleagues to strengthen M3's risk management reputation in the Construction and Real Estate market.
What You Will Need to Succeed
  • Bachelor's degree in Risk Management, Safety, Industrial Hygiene, or a related field - or an equivalent combination of education and experience.
  • Minimum of 3 years of experience in health, safety, or risk management, ideally with exposure to construction and/or real estate industry risks.
  • Wisconsin P&C Insurance license, or the ability to obtain one within the first 6 months.
  • Experience with workers' compensation data analysis and familiarity with OSHA, MSHA, DOT, NFPA, and related regulatory frameworks is a plus - particularly as they apply to construction environments.
  • Professional designations such as ARM, CSP, CIH, CPCU, or RN are a plus.
  • Strong analytical ability with proficiency in Microsoft Excel, Word, and PowerPoint.
  • Excellent communication and presentation skills, with the ability to engage confidently with executive-level audiences.
  • Ability to travel to client sites approximately 85% of the time.
  • Valid Drivers license.
Join Us
Your role at M3 won't be about the boundaries presented in a job description - it's about the possibilities that you can envision once you walk through the doors on your first day. We're looking for people ready to take control of their career and excited to make a real impact with their position.
Who We Are
As an insurance broker, M3 helps you manage risk, purchase insurance, and provide benefits to your employees. We partner with clients on everything from property & casualty and employee benefits to personal lines, executive benefits, and employer-sponsored retirement plans. And, we're privately owned and independent which means we're doing what's best for our clients - not what's best for Wall Street or private equity.
What Draws People to M3
Autonomy- Being able to work towards a common goal, but how you get there is an open book.
Immediate Impact- Every M3er can make an impact, from day one in any role.
Powered by Team- Be a part of a close-knit group of team members with whom you build trust and share responsibility.
People- Every M3er is unique in their own way, M3 is a collection of unique achievers.
At M3 Insurance experience the best of both worlds with our dynamic flexible work environment. Enjoy the flexibility to work in a flexible hybrid work environment while still fostering collaboration and innovation in-person in our office spaces. We prioritize work-life balance and empower our employees to thrive in a supportive and inclusive atmosphere.
Benefits as an M3er
Joining the M3 team means gaining access to a host of exceptional benefits and perks. Our benefits package is continuously evolving to cater to the needs of our team members. From flexible time-off and paid parental leave to employee appreciation events and volunteering opportunities, we prioritize the well-being and satisfaction of our employees. Additionally, our profit-sharing program ensures that every member of our team shares in the success of our organization. These enticing benefits showcase our commitment to nurturing and retaining top talent within our organization.
Diversity, Equity & Inclusion
M3 is building a culture focused on learning and progression, where M3ers are empowered by education, inclusive conversations, and real action that supports the future we envision.
Equal Employment Opportunity
M3 is committed to providing equal employment opportunity for all qualified individuals regardless of their age, sex, color, race, creed, national origin or ancestry, religion, marital status, military status, sexual orientation, disability/handicap, family responsibilities, non-relevant arrest or conviction records, or any other basis protected by law. In addition, we are committed to fully observing all relevant non-discrimination laws, including those regarding veterans' status, and will make reasonable accommodations for otherwise qualified individuals as appropriate.
This commitment is reflected in all M3's practices and policies regarding hiring, training, promotions, transfers, rates of pay, and layoff, as well as in all forms of compensation, granting leaves of absence and in any other conditions of employment. All matters relating to employment are based upon ability to perform the job.
In the best interests of M3 and all of its employees, every employee is to make every effort to avoid bias or prejudice in the workplace with regard to the above categories.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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