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

Mercyhealth

Risk Manager

Janesville, WI · On-site

$80.72K - $129.15K/yr

The clinical risk manager is responsible for identifying, analyzing, and managing potentially compensable events, managing and analyzing risk management data, conducting risk management educational ...

DataAnnotation

Credit Risk Manager

Oregon, WI · Remote

$50 - $60/hr

Join to apply for the Credit Risk Manager role at DataAnnotation. We are looking for a Credit Risk Manager to join our team to train AI models. You will measure the progress of these AI chatbots ...

DataAnnotation

Risk Modeling Manager

Oregon, WI · Remote

$50 - $60/hr

Join to apply for the Risk Modeling Manager role at DataAnnotation . We are looking for a Risk Modeling Manager to join our team to train AI models. You will measure the progress of these AI chatbots ...

Lake Ridge Bank

Risk Management Specialist

Waunakee, WI · Hybrid

Description Join Lake Ridge Bank as a Risk Management Specialist and contribute to strengthening our enterprise-wide risk governance framework. In this role, you will support risk aggregation, audit ...

Liberty Mutual

Reg'l Mgr 3, Risk Control

Madison, WI · On-site +1

Identifies, develops, and executes the Risk Control strategies, services, and programs while managing change through a multi-year, metrics-driven transformation. Accountable for building a high ...

Liberty Mutual

Reg'l Mgr 3, Risk Control

Madison, WI · On-site +1

$120K - $218K/yr

Identifies, develops, and executes the Risk Control strategies, services, and programs while managing change through a multi-year, metrics-driven transformation. Accountable for building a high ...

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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 May 28, 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 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 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 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 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 other departments to reduce financial, operational, or compliance-related threats, often using tools like risk assessment software and requiring relevant certifications. Their role helps ensure organizational stability and compliance with regulations.

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 are popular job titles related to Manager Risk Manager jobs in Madison, WI? For Manager Risk Manager jobs in Madison, WI, the most frequently searched job titles are:
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

Mercyhealth

Janesville, WI • On-site

$80.72K - $129.15K/yr

Full-time

Medical, Dental, Vision, Life, PTO

Posted 13 days ago

Mercy Health rating

6.8

Company rating: 6.8 out of 10

Based on 382 frontline employees who took The Breakroom Quiz

489th of 864 rated healthcare providers

Job description

  • OVERVIEW
    The primary purpose of the Risk Program Manager position is to administer the risk management program on a day-to-day basis. The clinical risk manager is responsible for identifying, analyzing, and managing potentially compensable events, managing and analyzing risk management data, conducting risk management educational programs, performing risk assessments, and complying with risk management industry practices with the objective of improving patient safety and reducing risk for the organization. This role collaborates with leadership throughout the system to develop and maintain an effective clinical risk management program.
    Schedule: 40-hours per week
    Shift: Days
    Location: Mercyhealth Hospital and Trauma Center-Janesville, Janesville, WI; Javon Bea Hospital-Riverside, Rockford, IL
    Pay Range: $80,716.59 - $129,146.55
    ESSENTIAL DUTIES AND RESPONSIBILITIES
    To perform this job successfully, an individual must be able to perform each essential duty competently and consistently. The responsibilities listed below are representative of the knowledge, skills, education, training, licensure, certification, experience, and/or abilities required for the role. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the position.
    • Identify, investigate, and manage all incidents (includes management of incident reporting system, stabilization of environment, disclosure and documentation advice, evidence retrieval, record analysis, interviews, research, billing management, staff support, and follow-up).
    • Monitor, manage, and analyze risk management data collected through the incident reporting system (includes identification and tracking of incident trends, monitoring and addressing compliance with incident reporting policy, identification of system issues, and development and implementation of process improvements).
    • Develop annual risk management plan.
    • Assist department heads and clinical chairs in designing risk management programs and policies within their departments
    • Participate in Committees representing Clinical Risk Management and leads committees or projects related to risk mitigation or improving patient safety.
    • Identify cases that may be potential claims and provide an early warning to other departments (Legal, Marketing, etc.) once identified.
    • Assist with coaching healthcare providers or facility leaders regarding unanticipated outcomes.
    • Follows-up with patients and families when appropriate and works proactively toward early resolution with other appropriate parties as necessary.
    • Manage, advise, and direct Patient Representatives, physicians, and partners to resolve significant patient complaints.
    • Develop and conduct educational sessions upon request or with identified need.
    • Participate in proactive risk management activities such as risk management rounds, risk assessments, program/policy evaluations.
    • Participate in quality committees and process improvement efforts, such as root cause analysis, failure mode effect analysis, and other designated process improvement initiatives.
    • Identify and report those occurrences as required by the Safe Medical Devices Act.
    • Assist director of risk management with insurance and claim management programs when necessary.
    • Work closely with legal and quality/patient safety departments to assure alignment and advance shared goals.
    • Maintains visibility in the organization.
    • Other duties as assigned based on department need.

    EDUCATION AND/OR EXPERIENCE
    Minimum Required:
    • Bachelor's Degree
    • Clinical/professional training (RN, Pharmacist, or other).
    • Minimum five years' clinical experience required. Leadership experience preferred.
    • Minimum three years' experience in risk management, patient safety or quality management required.

    Preferred:
    • Master's degree or other advanced degree preferred.

    CERTIFICATION/LICENSURE
    Preferred:
    • Certified Professional in Healthcare Risk Management (CPHRM) within 18 months of hire.

    OTHER SKILLS AND ABILITIES
    • Ability to follow both written and oral instructions accurately and consistently.

    Technical Skills
    • Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision.
    • Must be able to work in a stressful environment and take appropriate action and have demonstrated ability to work as a team member.

    Core Competencies
    • Strong communication skills, both written and verbal.
    • Ability to follow instructions and procedures accurately.
    • Demonstrated problem-solving and critical-thinking abilities.
    • Ability to work independently and as part of a team.
    • Commitment to maintaining confidentiality and ethical standards.
    • Adaptability to changing priorities and environments.
    • Customer service orientation and cultural sensitivity.

    LEVEL OF SUPERVISION
    Direction: The supervisor sets a definite objective and a general framework, but the employee is responsible for planning and arranging their own work to achieve the goal. The supervisor typically only reviews the final results.

PAY RANGE:
$80,716.59 - $129,146.55
Mercyhealth is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, national origin, disability, or protected veteran status.
Mercyhealth offers competitive pay and a comprehensive benefits package including:
  • Medical, Dental, Vision
  • Life & Disability Insurance
  • FSA/HSA Options
  • Generous, accruing paid time off
  • Paid Parental and caregiver leave
  • Career advancement and educational opportunities
  • Tuition and certification reimbursement
  • Certification Reimbursement
  • Well-being Programs
  • Employee Discounts
  • On-Demand Pay
  • Financial Education
  • Annual recognition/awards events
  • Partner appreciation days
  • Family entertainment/attractions discount
  • Community service/improvement opportunities

Click here for more details regarding Mercyhealth Careers Benefit Information.
At Mercyhealth, we don't simply hire people, we empower employee-partners who are passionate about making lives better. As an integrated health system, we deliver exceptional, coordinated across seven hospitals, 85 primary and specialty clinics, and a team of over 7,500 professionals serving northern Illinois and southern Wisconsin.
Mercyhealth has been nationally recognized for our commitment to our people and culture, including:
  • #1 in the nation on AARP's Best Employers for Workers Over 50
  • One of Working Mother magazine's 100 Best Companies for Working Mothers
  • A Top 50 Company and Top 10 Nonprofit for Executive Women

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