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Risk And Insurance Manager Jobs in Indiana (NOW HIRING)

Maintain and update risk management documentation (e.g., certificates of insurance, local policies) to ensure accuracy and consistency across entities. * Partner with Finance to ensure premium ...

Risk Analyst

Indianapolis, IN · On-site +1

$87K - $110K/yr

We are passionate about our clients' success in Employee Benefits, Property & Casualty Insurance ... Identify opportunities to improve risk management processes, controls, reporting, governance ...

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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 Aug 26, 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 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.

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 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.

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:

Infographic showing various Risk And Insurance Manager job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 18% Part Time, and 5% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $115,620 per year, or $55.6 per hour.

Risk & Insurance Operations Administrator

Marion, IN • On-site


Indiana Wesleyan University
Colleges, Universities, and Professional Schools • 501 - 1,000 employees

8.6

Company rating: 8.6 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

69th of 623 rated colleges and universities

People enjoy working here

Good employer

Recommended by parents


Full-time

Re-posted 18 days ago


Job description

Risk & Insurance Operations Administrator

Apply now Job no: 495134
Work type: Administrative (Full Time)
Location: Marion, IN
Categories: Administrative/Professional, Business/Accounting/Finance

Job Title: Risk & Insurance Operations Administrator

Reporting Relationship: Risk Operations Administrator & Deputy Title IX Coordinator

Unit: Central Administration

Department: Business Affairs-Central Administration

Campus Location: Elder Hall, Marion, IN

Summary of Position:    The Risk & Insurance Operations Administrator supports the University's commercial insurance, claims, risk transfer, contract administration, waiver/release, travel risk, and compliance calendar functions. This role emphasizes commercial insurance administration, including claims coordination, certificates of insurance, insurance renewals, and review of contract insurance requirements. The position works with University departments, legal counsel, insurance brokers, carriers, vendors, and leadership to help identify, document, and mitigate risk while ensuring insurance, risk, and contract processes are timely, consistent, and well-documented.


Duties and Responsibilities

  • Insurance, Claims, and Risk Operations
    • Supports the administration of the University's insurance programs, including workers' compensation, property, commercial auto, general liability, professional liability, educator's legal liability, cyber liability, employment practices liability, travel insurance, and umbrella/excess loss policies
    • Assists with annual insurance renewal processes by gathering information, organizing documentation, and coordinating with internal departments, brokers, and carriers
    • Manages and monitors University claims, incidents, claim filings, subrogation, and loss recovery in coordination with appropriate University personnel, brokers, carriers, and legal counsel
    • Reviews claim and incident information to help determine appropriate next steps
    • Processes incoming and outgoing certificates of insurance
    • Reviews insurance requirements in contracts and coordinates appropriate insurance documentation
    • Completes professional liability claim verification reports for health care providers on former/current School of Nursing students
    • Maintains accurate records related to insurance, claims, COIs, incidents, and related risk documentation 
  • Contract Operations
    • Reviews, prepares, and coordinates contracts involving leases, licenses, purchases, sales, services, employment, research, and related matters in conjunction with legal counsel and appropriate University stakeholders
    • Administers the University Contract Management and Contract Signature systems
    • Coordinates contract intake, routing, review, signature, storage, and recordkeeping
    • Verifies that contracts are routed to appropriate reviewers and authorized signatories
    • Maintains accurate contract records, including executed agreements, supporting documents, renewal dates, key obligations, and agreement owners
    • Reviews contract-related insurance requirements and escalates related risk issues, including indemnification concerns, renewal obligations, data/security issues, and operational responsibilities 
  • Waivers, Releases, and Event Risk
    • Oversees the campus waiver/release process in coordination with legal counsel and appropriate University stakeholders
    • Creates and reviews release of liability and assumption of risk forms for events, activities, and trips
    • Advises departments on event risk considerations, including when waivers, releases, COIs, or other supporting documentation may be needed 
  • Travel Risk Support
    • Gathers security information for travel petitions
    • Serves as an emergency contact for trip crisis response, as assigned
    • Supports risk control procedures for international travel, semester abroad, academic classes, short-term trips, and field trips
    • Assists with trip registrations, traveler readiness, documentation review, and analysis of travel security conditions 
  • Compliance Calendar and Administrative Support
    • Tracks recurring risk, insurance, contract, travel, and compliance-related deadlines, renewals, reporting obligations, and administrative processes
    • Supports recurring deadlines, renewals, reporting obligations, and administrative risk processes 
  • Secondary Duties and Responsibilities
  • Contributes to risk and compliance education for University staff
  • Cross-trains in business compliance, crisis management, and business continuity
  • Assists with process improvements related to contract intake, routing, claims tracking, insurance documentation, and compliance calendar management
  • In conjunction with the Title IX Coordinator, assist with various Title IX efforts to remain compliant with federal and state legislation, regulation, and case law requiring the prompt and equitable resolution of all complaints pursuant to Title IX
  • Supports the development of internal procedures, checklists, templates, and guidance documents
  • Supports special projects related to risk operations, contracts, insurance, travel risk, and institutional risk documentation
  • Performs other duties as assigned in support of Business Affairs and University risk operations 

Qualifications: According to Indiana Wesleyan University employment policy all employees must possess a strong Christian commitment and adhere to the standards outlined in the IWU Community Lifestyle Statement.

Education

  • Bachelor's degree required in Business, Risk Management, or a related field
  • Master's preferred.
  • Regulatory compliance, contract management, risk management, insurance, or claims-related certification preferred

Experience

  • Three or more (3+) years of experience in risk management, contract administration, insurance, claims, compliance operations, legal operations, higher education administration, or a related field
  • Two to five (2-5) years of experience with insurance programs, claims, certificates of insurance, risk transfer, or commercial liability lines
  • One or more (1+) years of experience reviewing, routing, or administering contracts and agreements preferred
  • Two to five (2-5) years in higher education, nonprofit, healthcare, or another regulated environment preferred
  • Experience using contract management systems, electronic signature platforms, compliance tracking tools, or similar administrative systems preferred

Required Skills

  • Ability to read, interpret, and communicate contract, insurance, regulatory, and operational documents
  • Strong organizational skills and attention to detail
  • Ability to manage multiple workflows, deadlines, and stakeholder requests
  • Critical thinking and sound judgment
  • Ability to identify and escalate risk issues appropriately
  • Strong written and verbal communication skills
  • Customer-oriented service approach
  • Ability to work collaboratively with University departments, legal counsel, insurance brokers, vendors, and external partners
  • Ability to maintain confidentiality and handle sensitive information with discretion
  • Proficiency with Microsoft Office, electronic document systems, contract management platforms, and related administrative tools

IWU Kingdom Diversity Statement

IWU, in covenant with God's reconciling work and in accordance with the Biblical principles of our historic Wesleyan tradition, commits to build a community that reflects Kingdom diversity.  We will foster an intentional environment for living, teaching and learning, which exhibits honor, respect, and dignity.  Acknowledging visible or invisible differences, our community authentically values each member's earthly and eternal worth.  We refute ignorance and isolation and embrace deliberate and courageous engagement that exhibits Christ's commandment to love all humankind.

LIMITATIONS AND DISCLAIMER

As a religious educational institution operating under the auspices of The Wesleyan Church, Indiana Wesleyan University is permitted and reserves the right to prefer employees on the basis of religion (42 U.S.C., Sections 2000e-1 and 2000e-2).

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position. Employees will be required to follow other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with Federal and State Laws.

Advertised: 08 Jul 2026 US Eastern Daylight Time
Applications close: 13 Sep 2026 US Eastern Daylight Time

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