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Medical Risk Management Jobs in Connecticut (NOW HIRING)

Swiss Re

Clinical Risk Manager

Windsor, CT · Hybrid

$84K - $140K/yr

A background in a Clinical Risk Management position is encouraged but will consider qualified ... Review medical conditions and respond with a cost analysis coordinated to the Stop Loss case ...

Swiss Re

Clinical Risk Manager

Windsor, CT · On-site

$84K - $140K/yr

A background in a Clinical Risk Management position is encouraged but will consider qualified ... Review medical conditions and respond with a cost analysis coordinated to the Stop Loss case ...

Indeed Inc.

Senior Insurance Analyst

Stamford, CT · On-site

Maintain and update risk management documentation (e.g., certificates of insurance, local policies ... medical, dental, vision, disability and life insurance. Indeedians are able to enroll in our ...

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All JobsMedical Risk Management JobsMedical Risk Management Jobs in Connecticut

Medical Risk Management information

See Connecticut salary details

$49K

$106.1K

$161.7K

How much do medical risk management jobs pay per year?

As of Aug 14, 2026, the average yearly pay for medical risk management in Connecticut is $106,122.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,700.00 per year, depending on experience, location, and employer.

What does a medical risk management do?

A medical risk management professional assesses and minimizes risks related to patient safety, legal compliance, and operational efficiency within healthcare settings. They analyze data, develop policies, and implement strategies to prevent medical errors and reduce liability, often working with healthcare providers and using tools like risk assessment software.

What is the difference between Medical Risk Management vs Medical Compliance Officer?

AspectMedical Risk ManagementMedical Compliance Officer
Primary FocusIdentifying and mitigating risks to improve patient safety and reduce liabilityEnsuring adherence to healthcare laws, regulations, and policies
CertificationsRisk management certifications (e.g., ARM, CRM), healthcare credentialsCompliance certifications (e.g., CHC, CHPC), healthcare background
Work EnvironmentHospitals, clinics, insurance companies, healthcare organizationsHealthcare facilities, regulatory agencies, healthcare organizations
Employer & Industry UsageUsed in healthcare risk assessment and safety programsUsed in regulatory compliance and policy enforcement

Medical Risk Management focuses on proactively reducing risks and enhancing patient safety, while Medical Compliance Officers ensure healthcare providers follow laws and regulations. Both roles require healthcare knowledge and certifications but serve different aspects of healthcare quality and safety.

How do you get a job in medical risk management at a hospital?

To pursue a career in medical risk management at a hospital, candidates typically need a bachelor's degree in healthcare administration, nursing, or a related field, along with experience in healthcare or risk management. Certifications such as the Certified Professional in Healthcare Risk Management (CPHRM) can enhance job prospects, and strong analytical, communication, and problem-solving skills are essential for success in this role.

How does a medical risk management professional typically collaborate with clinical teams to improve patient safety?

Medical Risk Management professionals regularly work alongside clinical teams to identify, assess, and mitigate potential risks that could impact patient safety. They participate in case reviews, facilitate root cause analyses after adverse events, and help develop protocols or training to prevent future incidents. Open communication and a collaborative approach are essential, as risk managers rely on clinical staff for insights and data, while providing guidance on compliance, regulatory requirements, and best practices in risk reduction.

Is healthcare risk management a good career?

Healthcare risk management is a growing field that involves identifying and reducing risks in medical settings to improve patient safety and compliance. It typically requires knowledge of healthcare regulations, risk assessment skills, and certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). The profession offers stable employment opportunities and the potential for advancement within healthcare organizations.

What is medical risk management?

Medical risk management is the process of identifying, assessing, and mitigating risks that can affect patient safety, staff, and the overall functioning of healthcare organizations. Its primary goal is to minimize the likelihood of adverse events, such as medical errors or malpractice claims, by implementing policies, training, and continuous monitoring. This field involves collaboration with healthcare professionals, administrators, and legal experts to ensure compliance with regulations and improve patient outcomes. Professionals in medical risk management also analyze incidents, develop preventive strategies, and foster a culture of safety. Effective risk management helps protect both patients and organizations from harm and financial loss.

What are the key skills and qualifications needed to thrive in medical risk management, and why are they important?

To thrive in Medical Risk Management, you need a background in healthcare, risk assessment, and regulatory compliance, often supported by a degree in health administration or related fields. Familiarity with risk management software, incident reporting systems, and certifications like Certified Professional in Healthcare Risk Management (CPHRM) are highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set top professionals apart in this field. These competencies are crucial for identifying potential risks, ensuring patient safety, and protecting healthcare organizations from legal or financial liabilities.

What are popular job titles related to Medical Risk Management jobs in Connecticut?

For Medical Risk Management jobs in Connecticut, the most frequently searched job titles are:

What job categories do people searching Medical Risk Management jobs in Connecticut look for?

The top searched job categories for Medical Risk Management jobs in Connecticut are:

Medical Risk Management jobs near you
Infographic showing various Medical Risk Management job openings in Connecticut as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $106,122 per year, or $51 per hour.

Credit Risk Modeler, Assistant Vice President

State Street Global Advisors

Stamford, CT • On-site

$90K - $157K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 15 days ago

Job description

Who we are looking for

A strong quantitative modeler to join the team as Assistant Vice President and Credit Risk Modeler based in New Jersey, Connecticut, or Boston. This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization.

Why this role is important to us

The team you will be joining plays a critical role in the organization's overall success. Across the globe, institutional investors rely on us to manage risk, respond to complex challenges, and drive performance and profitability. To deliver on that mission, we need teams like yours-teams that help the organization operate effectively, adapt quickly, and remain resilient. In this role, you will focus on developing cuttingedge solutions that are both scalable and practical, while contributing to strong daytoday execution. Join us if you are motivated to make a meaningful impact in the financial services industry from day one.

What you will be responsible for

As Credit Risk Modeler you will:

  • Develop credit risk models (PD/LGD/EL) to provide quantitative support to credit risk analytical processes for State Street's wholesale portfolios, including Corporate, Commercial Real Estate (CRE), Private Equity (PE) Fund and Private Credit (PC) exposures, etc.

  • Develop credit portfolio risk models for CCAR/CECL/IFRS9/BASEL/Ratings/ICAAP use cases, as well as for economic capital

  • Review and enhance credit risk analytical methodology including modeling choices in line with expanding business and regulatory requirements

  • Review and verify key model assumptions with model owners

  • Review model outputs with properly justified opinions and judgments by experts from credit risk managers to capture forward-looking financial market and macro-economic outlooks

  • Implement internally developed models on risk analytical library platform

  • Streamline the existing modeling and analytical process; increasing the pace of execution to meet the needs of the business

  • Work in close partnership with the three lines of defense functions, such as model governance, Corporate Audit and Financial Regulatory Assurance to ensure appropriate governance and control infrastructure for credit risk analytics

  • Prepare and present required reports/reviews to model risk management, senior management and global regulators

What we value

These skills will help you succeed in this role:

  • Strong analytical and quantitative mindset; ability to take ownership and improve on existing risk models and methodologies

  • Energetic/motivator: an enthusiastic individual with proven leadership skills and an ability to motivate a diverse, multi-level workforce and instill a sense of urgency on a range of evolving goals and objectives

  • Organizational strengths: an ability to organize projects, processes and priorities to ensure business needs are met in a coordinated, responsive and timely manner, with minimal direction

  • Confidence: a self-assured, experienced and knowledgeable individual able to quickly garner support for his/her views based on informed, well-presented direction or analysis, with a willingness to negotiate, and concede, when needed

  • Communicator: clear, confident, self-assured communication style, coupled with an ability to react and adapt to various audiences and environments without diluting effectiveness

Education & Preferred Qualifications

  • PhD in statistics or econometrics or equivalent, prefer research area in survival analysis/event history analyses or related areas; Prefer PhD research that involves heavy programming work with strong programming skills in Python/R/C/C++/SQL etc.

  • Undergraduate training in mathematics and probability theory (measure theory) with good knowledge of stochastic calculus is a big plus.

  • 3-5 years of experiences for MS, 2+ years of experience for PhD (will consider fresh PhD with solid academic background and strong programming skills) of developing credit risk modeling in a financial institution

  • Strong programming skills in Python/R/C/C++/SQL etc.

  • Demonstrated experiences working with model development teams, analytical library development team and technology

  • Motivated and fascinated in how to apply statistics and econometric methodologies to resolve credit risk modeling challenges in financial industry

Salary Range:

$90,000 - $157,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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