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Risk And Insurance Manager Jobs in Indiana (NOW HIRING)

American Licorice Company

Safety Manager

La Porte, IN · On-site

Work with management and risk insurance carrier to resolve any concerns and to ensure compliance. * Liaison for Worker's Compensation insurance provider. * Investigate, analyze and document all ...

New

American Licorice Company

Safety Manager

La Porte, IN · On-site

$99K - $110K/yr

Work with management and risk insurance carrier to resolve any concerns and to ensure compliance. * Liaison for Worker's Compensation insurance provider. * Investigate, analyze and document all ...

New

York Risk Services

Risk Services Specialist

Indianapolis, IN · On-site

$94K/yr

... Insurance Risk Services Specialist PRIMARY PURPOSE : To provide risk control services designed to ... Management retains the discretion to add or to change the duties of the position at any time.

New

PNC Bank

LOB Risk Mgr II

Indianapolis, IN · On-site

$123K - $228K/yr

As a Line of Business Risk Manager II within PNC's Private Banking organization, you will be based ... This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act ...

Diedre Moire Corp.

M&A Tax Specialist

Indianapolis, IN · On-site

$300K - $400K/yr

... Risk Insurance _ . Develop individually customized transactional risk strategies to protect participants from tax opinion risks arising in connection with business mergers and acquisitions in ...

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Risk And Insurance Manager information

See Indiana salary details

$78.5K

$115.6K

$177K

How much do risk and insurance manager jobs pay per year?

As of Jul 19, 2026, the average yearly pay for risk and insurance manager in Indiana is $115,620.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,100.00 and $131,300.00 per year, depending on experience, location, and employer.

What Does a Risk and Insurance Manager Do?

As a risk and insurance manager, you have the combined duties of a risk manager and an insurance manager. Risk management is the practice of controlling risk through tactics that offset the likelihood of financial loss. Insurance management, on the other hand, is used to develop ways to limit or those losses by purchasing insurance against risks, such as disability payments or employee accidents. Your combined responsibilities as a risk and insurance manager revolve around reducing risk while developing safety nets to prevent loss on risks the company does take. This is especially crucial in corporate risk management, in which you are often dealing with risky investments on which the company is unwilling to take a full loss.

What is the difference between Risk And Insurance Manager vs Insurance Analyst?

AspectRisk And Insurance ManagerInsurance Analyst
CredentialsCertifications like CPCU, ARM, or CPCUAdjuster licenses, actuarial certifications often preferred
Work EnvironmentCorporate risk management departments, insurance carriersInsurance companies, brokerage firms, consulting agencies
Employer & Industry UsageUsed in industries with significant risk exposure, large corporationsUsed in insurance firms, underwriting, claims analysis
Search & Comparison IntentUnderstanding risk management roles, career pathsAnalyzing insurance policies, assessing claims

The main difference is that a Risk And Insurance Manager oversees risk management strategies and insurance programs within an organization, focusing on risk mitigation and policy management. An Insurance Analyst primarily evaluates insurance policies, analyzes claims, and supports underwriting processes. Both roles require relevant certifications and are integral to the insurance and risk management industry, but they serve different functions within the risk and insurance ecosystem.

Is risk management and insurance a good career?

Risk and Insurance Managers play a key role in identifying and mitigating organizational risks, often requiring skills in analysis, negotiation, and knowledge of insurance policies. The field offers opportunities for advancement, professional certifications, and a stable career path, especially in industries with high risk exposure. It can be a rewarding career for those interested in strategic decision-making and risk assessment.

How does a Risk and Insurance Manager typically interact with other departments within an organization?

Risk and Insurance Managers work closely with various departments such as legal, finance, operations, and human resources to identify potential risks and ensure appropriate insurance coverage. They often collaborate to assess new projects, analyze claims, and develop risk mitigation strategies. Regular communication and teamwork are essential, as these managers must gather input from different teams to create comprehensive risk management plans. This cross-functional collaboration also helps them stay informed about organizational changes that might impact insurance needs or risk exposure.

What is the highest paid position in insurance?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, and Chief Risk Officer tend to be the highest paid positions, often earning multi-million dollar compensation packages. These roles require extensive experience, leadership skills, and often advanced certifications or degrees, and they oversee strategic decision-making and company performance.

What does a risk manager do in insurance?

A risk and insurance manager assesses and identifies potential risks that could affect an organization, developing strategies to mitigate or transfer those risks through insurance policies and risk management programs. They analyze data, negotiate coverage terms, and ensure compliance with regulations to protect the company's assets and operations.

What does a Risk and Insurance Manager do?

A Risk and Insurance Manager is responsible for identifying, assessing, and mitigating potential risks that could impact a company’s operations, finances, or reputation. They develop strategies to minimize those risks, such as purchasing insurance policies, implementing safety protocols, and conducting regular risk assessments. Additionally, they handle claims management, work with insurance brokers, and ensure compliance with relevant laws and regulations. Their role is vital in protecting the company from unexpected losses and ensuring business continuity.

What are the key skills and qualifications needed to thrive as a Risk and Insurance Manager, and why are they important?

To thrive as a Risk and Insurance Manager, you need expertise in risk assessment, insurance policies, financial analysis, and typically a bachelor’s degree in finance, business, or a related field. Familiarity with risk management software, claims management systems, and relevant certifications such as ARM (Associate in Risk Management) or CPCU (Chartered Property Casualty Underwriter) are highly valuable. Strong analytical thinking, attention to detail, negotiation skills, and effective communication set top performers apart in this role. These competencies are crucial for identifying potential threats, mitigating financial losses, and ensuring the organization’s long-term stability.

What is the highest salary for a risk manager?

The highest salary for a risk and insurance manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications, or working in large organizations. Senior risk managers or those in specialized industries may earn higher compensation, including bonuses and benefits.
More about Risk And Insurance Manager jobs
What are popular job titles related to Risk And Insurance Manager jobs in Indiana? For Risk And Insurance Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Risk And Insurance Manager jobs in Indiana look for? The top searched job categories for Risk And Insurance Manager jobs in Indiana are:
Risk And Insurance Manager jobs near you
Infographic showing various Risk And Insurance Manager job openings in Indiana as of July 2026, with employment types broken down into 1% As Needed, 73% Full Time, 22% Part Time, 1% Temporary, and 3% Contract. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $115,620 per year, or $55.6 per hour.
Global Risk Manager

Global Risk Manager

Allison Transmission

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 20 days ago

Allison Transmission rating

9.1

Company rating: 9.1 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

20th of 430 rated machine equipment manufacturers

Job description

JOIN THE TEAM THAT'S POWERING PROGRESS
Building cities. Driving commerce. Fueling Progress. For over 100 years, Allison has powered the vehicles and technology that move our world forward.
What powers us? Our employees. From the first person hired by James Allison in 1915 to the thousands across the globe who work for Allison today, we're driving progress everywhere because we employ top talent worldwide. In both the Allison Transmission and Allison Off-Highway Drive and Motion Systems business units, our team strives to Improve the Way the World Works.
Learn more about this role and how you can begin driving your career forward!
Benefits:
The below list features some of the benefits currently available. Eligibility may be subject to the terms and conditions of governing documents and available benefits may be subject to change at the company's discretion.
  • Choice of medical plans with prescription coverage
  • Employer HSA contribution
  • Dental & Vision Insurance
  • Paid Parental Leave
  • Short & Long-Term Disability
  • Other voluntary benefits including: Critical Illness, Hospital Indemnity, Identity Theft Protection and Pet Insurance
  • 401K with generous Company match & contribution
  • Accrued Paid Time Off
  • 12 Paid Holidays + 1 Floating Holiday
  • Robust employee wellness program
  • Tuition assistance program

Job Description:
The Risk Manager, Global Insurance is responsible for managing the company's global insurance portfolio, including risk identification, assessment, financing, and mitigation strategies. The role ensures the company maintains a comprehensive, cost-effective global insurance program aligned with corporate objectives, regulatory requirements, and evolving risk exposures. The position partners closely with Legal, Operations, EHS, Facilities, Finance, HR, procurement, sales, and external brokers/insurers. This highly visible role requires strong analytical capabilities, attention to detail, and the ability to communicate complex risk concepts to senior leadership clearly and effectively.
Key Responsibilities:
  • Lead the design, placement, renewal, and ongoing administration of the global insurance program, including property, casualty, auto, general liability, product liability, D&O, cyber risk, workers' compensation, and specialty programs.
  • Partner with internal stakeholders and external brokers to evaluate corporate risk exposures, develop risk financing strategies, and ensure adequate coverage terms and limits across all global operations.
  • Manage all claims activities, including directing third-party administrators, coordinating internal fact-gathering, and reporting claims trends and losses to leadership.
  • Support enterprise risk management (ERM) by contributing insights on insurable risks, loss prevention initiatives, and risk mitigation strategies.
  • Collect and validate underwriting data, financial information, asset values, operational details, and documentation required for global insurance renewals.
  • Analyze exposure data, premiums, loss history, and benchmarking to identify trends and recommend improvements.
  • Develop presentations for senior management, Treasury leadership, and the Board regarding insurance updates, renewals, claims activity, and risk profile trends.
  • Maintain relationships with insurance carriers, brokers, consultants, and other external risk partners.
  • Ensure accurate budgeting, accruals, and forecasting for insurance costs across the global portfolio.
  • Serve as internal subject matter expert on insurance-related issues, providing guidance to business partners worldwide.
  • Support audits, regulatory reviews, and compliance obligations related to risk, insurance, and claims.
  • Perform ad-hoc risk assessments, scenario modeling, and special projects as required.

Key Performance Measures:
  • Effectiveness and cost-efficiency of global insurance placement and program structure
  • Claims management cycle time, quality, and financial outcomes
  • Accuracy of forecasting, budgeting, and renewal data submissions
  • Internal stakeholder satisfaction and responsiveness
  • Quality of analysis, reporting, and insight provided to senior leadership and the Board

Competencies and Behaviors:
  • High ethical standards with strong judgment and the ability to handle sensitive information confidentially
  • Strong organizational and planning abilities, with exceptional attention to detail
  • Ability to manage multiple priorities in a fast-paced environment
  • Intellectual curiosity with strong analytical and problem-solving skills
  • Ability to communicate complex concepts clearly to diverse stakeholders, including executive leadership
  • Professional demeanor with strong relationship-building skills across functions and geographies

Qualifications:
  • Bachelor's degree in Finance, Risk Management, Business, Accounting, or related field
  • 5+ years of relevant experience in corporate risk management, insurance brokerage, or insurance underwriting
  • Strong understanding of global insurance markets, risk financing concepts, and claims processes
  • Advanced proficiency with Microsoft Office (Excel, PowerPoint, CoPilot) for analysis and presentations
  • Exceptional written and verbal communication skills
  • Ability to travel to global sites

Experience:
  • Demonstrated experience managing or supporting complex corporate insurance programs
  • Experience with data analysis, loss modeling, and large-scale risk assessments
  • Proven ability to collaborate cross-functionally and influence without authority
  • Familiarity with Treasury, Legal, EHS, and operational risk environments

Scope Factors:
  • Works cross-functionally with internal and external stakeholders across global operations
  • Handles complex analytical work requiring strong technical skills and business judgment
  • Influences significant corporate spending related to insurance premiums and retained risk
  • Supports oversight of companywide insurable risk exposure
  • Single contributor role who influences executives across the business and manages relationships with insurance brokers and carriers

Travel or Physical Demands:
  • Up to 25% domestic and global

Allison Transmission is an equal opportunity employer. We have opportunities for all qualified applicants regardless of age, race, color, sex, religion, creed, national origin, disability, sexual orientation, gender identity/expression or veteran status.
If you are an individual with a disability or a disabled veteran requiring assistance and/or reasonable accommodations reviewing any of the careers information, please contact us at ati+ask4max@service-now.com.
Please note that Allison Transmission will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Allison Transmission will not solicit money or banking information from applicants.

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