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Operational Risk Manager Jobs in Tucson, AZ (NOW HIRING)

Coordinate with brokers, carriers, vendors, and operational teams to resolve insurance related issues and support effective program administration. Risk Management Information System (RMIS ...

Coordinate with brokers, carriers, vendors, and operational teams to resolve insurance related issues and support effective program administration. Risk Management Information System (RMIS ...

Operations Manager

Tucson, AZ · On-site

$71K - $89K/yr

... operational changes; ensuring road checks, reviews, corrective case interviews, and incident reports are completed in a timely manner. Assists Risk Management in ensuring that safety procedures are ...

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Operational Risk Manager information

See Tucson, AZ salary details

$40.4K

$103.8K

$203.7K

How much do operational risk manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for operational risk manager in Tucson, AZ is $103,769.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,200.00 and $136,700.00 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 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 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 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.

What are popular job titles related to Operational Risk Manager jobs in Tucson, AZ?

For Operational Risk Manager jobs in Tucson, AZ, the most frequently searched job titles are:

What job categories do people searching Operational Risk Manager jobs in Tucson, AZ look for?

The top searched job categories for Operational Risk Manager jobs in Tucson, AZ are:

What cities near Tucson, AZ are hiring for Operational Risk Manager jobs?

Cities near Tucson, AZ with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in Tucson, AZ as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $114,333 per year, or $55 per hour.

Risk Management Specialist

mcw

Tucson, AZ

Full-time

Posted 5 days ago


Job description

The Risk Management Specialist supports the Company's insurance, claims, and risk management programs through a combination of program administration, claims oversight, insurance compliance review, reporting, and risk-related analysis. The position serves as a key resource in the administration of claims and insurance programs, working closely with internal stakeholders, insurance brokers, carriers, and third-party administrators. This role exercises independent judgment in reviewing claims activity, evaluating insurance and risk management information, identifying issues requiring follow-up or escalation, recommending corrective actions, and supporting initiatives that improve risk management effectiveness. The position is responsible for overseeing day-to-day risk management processes while providing recommendations that assist management in reducing risk, controlling costs, and ensuring compliance with company requirements.

What you will do: 

Claims Administration & Oversight 

  • Administer and oversee assigned property and other claims programs to support timely reporting, investigation, resolution, and documentation.
  • Review claim activity, loss information, and claim documentation to identify issues, trends, potential exposures, and opportunities for claim cost containment.
  • Evaluate claim developments, compare potential courses of action, and determine when matters require follow-up, escalation, or additional review by management, brokers, carriers, third-party administrators, or legal counsel based on the significance of the exposure, cost, compliance issue, or operational impact.
  • Coordinate with internal stakeholders and external claims partners to facilitate effective claim management and resolution.
  • Monitor open claims and independently provide recommendations regarding claim handling concerns, emerging issues, reserve or exposure considerations, and loss reduction opportunities.
  • Assist in identifying claim trends and recurring loss drivers and recommend actions that support improved claim outcomes.

Insurance Program Administration 

  • Review certificates of insurance, endorsements, policy-related documents, and other insurance records to determine compliance with company requirements and recommend corrective action or escalation when coverage, contractual, or risk-transfer concerns are identified.
  • Coordinate insurance documentation, renewals, audits, exposure information gathering, and underwriting submissions.
  • Review information submitted in support of insurance renewals and audits for completeness, accuracy, and consistency.
  • Serve as a subject-matter resource to internal business partners regarding insurance documentation requirements and risk transfer processes.
  • Coordinate with brokers, carriers, vendors, and operational teams to resolve insurance related issues and support effective program administration.

Risk Management Information System (RMIS) Administration & Reporting 

  • Administer the Risk Management Information System (RMIS), ensuring risk and claims information is accurate, complete, and current.
  • Review system data and reports to identify discrepancies, reporting issues, and opportunities to improve data quality.
  • Develop, maintain, and distribute routine and ad hoc reports supporting risk management, claims administration, insurance renewals, and operational decision-making.
  • Recommend enhancements to reporting processes, data management practices, and system utilization to improve efficiency and effectiveness.
  • Serve as a departmental resource regarding RMIS reporting and information management.

Risk Analysis & Decision Support 

  • Analyze claims, loss run, exposure, and insurance-related information to identify trends, emerging issues, and opportunities for operational improvement.
  • Prepare reports, summaries, and presentations that support management's understanding of risk exposures and program performance.
  • Identify issues requiring management attention, evaluate available options, and provide recommendations for corrective action, process improvements, escalation, or further review.
  • Support departmental projects and initiatives through research, analysis, and recommendations that may affect company policies, procedures, operating practices, or risk-control priorities.

Governance, Compliance & Process Improvement 

  • Maintain risk management policies, procedures, records, and related documentation.
  • Review existing processes and identify opportunities to improve compliance, consistency, operational effectiveness, and data quality.
  • Recommend improvements to claims administration, insurance administration, reporting, and risk management workflows, including changes that improve compliance, cost control, operational effectiveness, or risk mitigation.
  • Support implementation of risk management initiatives and operational improvements across the organization.

Note: The job duties above provide a general sense of the role; though, additional duties may be assigned as necessary.

How you will shine:

  • Associate’s degree in risk management, business administration or insurance preferred, or equivalent combination of education and applicable certifications and experience.
  • 2–4 years of experience in risk management, insurance operations, claims administration, or a related role.
  • Experience with Risk Management Information Systems (RMIS) or similar reporting platforms preferred.
  • Working knowledge of commercial insurance, claims processes, and risk management principles.
  • Experience reviewing and analyzing claims, insurance documentation, or risk-related information.
  • Ability to exercise discretion and independent judgment when evaluating risk-related information, determining appropriate follow-up or escalation, and recommending actions on matters of operational, financial, compliance, or reputational significance.
  • Strong analytical, organizational, and problem-solving skills.
  • Strong written and verbal communication skills.
  • Ability to effectively manage multiple priorities and work independently within established guidelines.