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Operation Risk Jobs in Connecticut (NOW HIRING)

Synchrony

BLP Intern - Risk

Stamford, CT

$16 - $21.25/hr

Operational Risk, including Model Risk * Compliance * Strategic Risk * Model Market and Liquidity Risk What do we look for in all potential BLP Interns? * Ability to effectively work independently ...

CPCU/SFCU

AML/Fraud Risk Specialist

Norwich, CT · On-site

$29 - $42.05/hr

Compliance and Risk Reports To: BSA Officer FLSA Status: Non-Exempt Location: Onsite- 202 Salem ... Strong knowledge of back-office, deposit account operations. Has the ability to compile and analyze ...

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Operation Risk information

What is an operational risk job?

An operational risk job involves identifying, assessing, and managing risks that arise from internal processes, people, systems, or external events within an organization. Professionals in this field analyze potential vulnerabilities, develop mitigation strategies, and often use tools like risk management software to ensure business continuity and compliance.

How much do operational risk analysts make?

Operational risk analysts typically earn a median annual salary of around $70,000 to $100,000, depending on experience, location, and industry. They often require strong analytical skills and knowledge of risk management tools to perform their duties effectively.

How to get into operational risk?

To enter operational risk, candidates typically need a bachelor's degree in finance, business, or a related field, along with strong analytical and problem-solving skills. Relevant experience in risk management, compliance, or internal controls, as well as certifications like FRM or ORM, can improve job prospects. Entry-level roles often require familiarity with risk assessment tools and a good understanding of organizational processes.

What are the 4 operational risks?

Operational risk in the context of operations management refers to the potential for loss resulting from failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks involves implementing controls, training, and contingency plans to ensure smooth operations.

What is the difference between Operation Risk vs Compliance Analyst?

AspectOperation RiskCompliance Analyst
Required CredentialsRisk management certifications, such as FRM or CRMCertifications like CAMS, CFE, or compliance-specific training
Work EnvironmentFinancial institutions, banks, or large corporations focusing on risk mitigationRegulatory agencies, financial firms, or corporations ensuring adherence to laws
Employer & Industry UsageCommon in banking, finance, and insurance sectorsWidely used in finance, banking, and corporate compliance departments

Operation Risk professionals focus on identifying, assessing, and mitigating risks that could impact business operations. Compliance Analysts ensure adherence to laws, regulations, and internal policies. While both roles involve risk management, Operation Risk is broader, emphasizing operational threats, whereas Compliance Analysts specialize in regulatory compliance.

What are popular job titles related to Operation Risk jobs in Connecticut? For Operation Risk jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Operation Risk jobs in Connecticut look for? The top searched job categories for Operation Risk jobs in Connecticut are:
What cities in Connecticut are hiring for Operation Risk jobs? Cities in Connecticut with the most Operation Risk job openings:
Operation Risk jobs near you
Infographic showing various Operation Risk job openings in Connecticut as of July 2026, with employment types broken down into 1% As Needed, 78% Full Time, 16% Part Time, 2% Temporary, 2% Contract, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution.
Risk Manager - Insurance

Risk Manager - Insurance

Insurance Office of America

Hartford, CT

$110K - $145K/yr

Full-time

Medical, Retirement

Re-posted 14 days ago

Insurance Office Of America rating

8.9

Company rating: 8.9 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

42nd of 278 rated insurance

Job description

Description

Job Description:

Title: Risk Manager - Insurance 

Fully Remote: applicants in Eastern or Central Time Zone
Supporting: Longwood, FL | Required: Bachelor’s degree in Risk Management, Finance, Business, Insurance (or a related field), active P&C license
Please note: If this position is posted as either fully remote and/or hybrid, in accordance with company policy, individuals residing within a 50-mile radius of a branch location may be required to work onsite in a hybrid capacity as there may be occasions when on-site presence is necessary to meet specific business needs. Additionally, our remote work policy includes having a dedicated, distraction-free workspace. Remote work is not a substitute for childcare, elder care, or other personal responsibilities during working hours. To view our branch locations, please visit: ioausa.com/locations 
 

About the Role: The Insurance Broker – Risk Manager is responsible for identifying, assessing, and mitigating organizational risk through the design, placement, and ongoing management of insurance and risk financing programs. This role acts as a strategic advisor to clients or internal stakeholders, aligning insurance solutions with business objectives while ensuring regulatory compliance, cost efficiency, and effective claims management. 

 
Key Responsibilities: 

  • Risk Assessment: Conduct comprehensive risk evaluations across property, casualty, liability, professional, cyber, and related exposures to identify risk profiles. 

  • Exposure Analysis: Analyze loss history, operations, and contractual obligations to determine coverage requirements and risk tolerance. 

  • Risk Mitigation Strategy: Develop and implement strategies, including loss control and prevention initiatives, to reduce exposure and improve outcomes. 

  • Program Design & Placement: Design and structure insurance programs that align with client or organizational needs and risk profiles. 

  • Carrier Marketing & Negotiation: Market programs to carriers, negotiating terms, coverage, and pricing to achieve optimal results. 

  • Alternative Risk Solutions: Advise on risk financing strategies such as captives, self‑insurance, deductibles, and retention structures. 

  • Client Advisory: Serve as a trusted advisor to clients and leadership, providing guidance on risk management strategies and insurance solutions. 

  • Proposal & Renewal Strategy: Prepare and present risk analyses, insurance proposals, and renewal recommendations to stakeholders. 

  • Policy Administration: Review policies, endorsements, and certificates to ensure accuracy, adequacy, and proper coverage alignment. 

  • Compliance Management: Ensure adherence to regulatory requirements, contractual obligations, and internal risk management standards. 

  • Claims Oversight: Oversee claims reporting and resolution, coordinating with carriers, adjusters, and legal partners to drive favorable outcomes. 

  • Claims Analysis: Monitor claim trends and recommend corrective actions to reduce future losses and improve performance. 

  • Carrier & Stakeholder Collaboration: Partner with carriers and internal teams including Legal, Finance, HR, and Operations to align risk strategies. 

  • Market & Risk Intelligence: Stay informed on market trends, emerging risks, regulatory changes, and industry developments to provide proactive recommendations. 

  • Champion IOA Values: Demonstrate integrity and leadership. 

 
Ideal Candidate Qualifications: 

  • Bachelor’s degree in Risk Management, Finance, Business, Insurance, or related field; advanced degree preferred 

  • 5–10+ years of experience in insurance brokerage, risk management, or commercial insurance consulting. Active property & casualty licensing.

  • Proven expertise managing complex insurance programs and client relationships 

  • Professional designations such as CPCU, ARM, or CRM preferred; active insurance licensing as required 

  • Strong knowledge of commercial insurance products, coverage structures, and risk transfer strategies 

  • Excellent analytical, financial, negotiation, and problem‑solving skills 

  • Outstanding communication and presentation abilities with a consultative, relationship‑driven approach 

  • High attention to detail, strong organizational skills, and ability to manage multiple priorities 

 
What We Offer: 

  • Competitive salaries and bonus potential 

  • Company-paid health insurance 

  • Paid holidays, vacations, and sick time 

  • 401K with employer match 

  • Professional growth and career progression opportunities 

  • Respectful culture and work/family life balance 

  • Community service commitment 

  • Supportive teammates and a rewarding work environment 

 
What to Expect (Application Process): 

  • 30-Minute Phone Screen, Online Assessments, and Interview(s) 

Salary Range

The expected pay range for this position is $110,000.00 to $145,000.00 per year, depending on experience, relevant skills, and geographic location.

Insurance Office of America is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Summary

The Insurance Broker – Risk Manager is responsible for identifying, assessing, and mitigating organizational risk through the design, placement, and ongoing management of insurance and risk financing programs. This role acts as a strategic advisor to clients or internal stakeholders, aligning insurance solutions with business objectives while ensuring regulatory compliance, cost efficiency, and effective claims management.

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