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Operational Risk Manager Jobs in Hollywood, FL (NOW HIRING)

Gallagher

Senior Risk Control Consultant

Miami, FL · On-site

... management, and operational exposures. The risk control insurance team leverages their experience in implementing risk improvement strategies to positively impact cost of risk. We focus on prompt ...

Gallagher

Senior Risk Control Consultant

Miami, FL · On-site

... management, and operational exposures. The risk control insurance team leverages their experience in implementing risk improvement strategies to positively impact cost of risk. We focus on prompt ...

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Operational Risk Manager information

See Hollywood, FL salary details

$43.1K

$110.7K

$217.4K

How much do operational risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for operational risk manager in Hollywood, FL is $110,715.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,400.00 and $145,800.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

What are some common challenges faced by operational risk managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

What are the key skills and qualifications needed to thrive as an operational risk manager, and why are they important?

To thrive as an Operational Risk Manager, you need a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

What is the difference between Operational Risk Manager vs Risk Analyst?

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

More about Operational Risk Manager jobs
What are popular job titles related to Operational Risk Manager jobs in Hollywood, FL? For Operational Risk Manager jobs in Hollywood, FL, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Hollywood, FL look for? The top searched job categories for Operational Risk Manager jobs in Hollywood, FL are:
What cities near Hollywood, FL are hiring for Operational Risk Manager jobs? Cities near Hollywood, FL with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Hollywood, FL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $110,715 per year, or $53.2 per hour.

Risk Manager - Telecom Construction

Blue Streak LLC 1

Miami, FL • On-site

$95K - $120K/yr

Full-time

Re-posted 26 days ago

Job description

Focus: Cost Control & Litigation Management (GL & Auto Claims)

Position Summary
The Risk Manager is responsible for controlling risk exposure and minimizing financial loss for a telecommunications construction company, with primary responsibility for major insurance claims ( GL&Auto)

This role plays a critical part in claims cost containment, litigation oversight, and insurance spend management, working closely with carriers, counsel, and internal stakeholders.

Key Responsibilities

Claims & Litigation Management

  • Manage general liability and auto claims from intake through resolution, including litigated matters
  • Serve as the primary point of contact for outside counsel, insurance carriers, adjusters, and TPAs
  • Oversee litigation strategy, monitor defense counsel performance, and ensure cases are handled efficiently
  • Review pleadings, discovery, settlement demands, and litigation budgets
  • Participate in settlement negotiations to achieve timely and cost-effective resolutions
  • Ensure claims are properly reserved and escalated when exposure increases

Cost Control & Financial Oversight

  • Actively manage legal spend and claim-related costs, including reviewing invoices and challenging unnecessary or excessive billing
  • Track claim trends, loss ratios, and litigation outcomes to identify cost drivers
  • Implement strategies to reduce claim frequency, severity, and legal expenses
  • Work with carriers to control reserves, negotiate settlements, and close claims efficiently
  • Support insurance renewals by providing loss data, claim analysis, and cost mitigation strategies

Risk & Contract Oversight

  • Review contracts, indemnification language, and insurance requirements to limit exposure
  • Ensure proper certificates of insurance and coverage compliance for subcontractors
  • Identify operational and fleet-related risk exposures and recommend corrective actions

Reporting & Collaboration

  • Prepare regular reports on claim status, litigation exposure, legal spend, and cost savings
  • Partner with operations, safety, and leadership teams to reduce risk and prevent future losses
  • Educate internal teams on claims reporting procedures and risk reduction best practices

Qualifications

  • 5+ years of experience in risk management, claims, or litigation management within construction, telecom, or infrastructure
  • Strong expertise in general liability and commercial auto claims, including litigated matters
  • Proven experience managing legal spend and cost containment initiatives
  • Ability to work effectively with attorneys, insurance carriers, and senior leadership
  • Strong negotiation, analytical, and communication skills

Preferred Experience

  • Telecom or utility construction background
  • Fleet and driver-related claims experience
  • Experience managing high-risk insurance programs and complex claims portfolios
Employment Type: FULL_TIME

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