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Risk And Insurance Manager Jobs in Wisconsin (NOW HIRING)

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Risk And Insurance Manager information

See Wisconsin salary details

$83.3K

$122.6K

$187.7K

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

As of Sep 3, 2026, the average yearly pay for risk and insurance manager in Wisconsin is $122,642.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,900.00 and $139,300.00 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 Wisconsin?

For Risk And Insurance Manager jobs in Wisconsin, the most frequently searched job titles are:

Infographic showing various Risk And Insurance Manager job openings in Wisconsin as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $122,642 per year, or $59 per hour.

Full-time

Posted 14 days ago


Children's Wisconsin rating

7.6

Company rating: 7.6 out of 10

Based on 66 frontline employees who took The Breakroom Quiz

259th of 1,065 rated hospitals


Job description

At Children's Wisconsin, we believe kids deserve the best.

Children's Wisconsin is a nationally recognized health system dedicated solely to the health and well-being of children. We provide primary care, specialty care, urgent care, emergency care, community health services, foster and adoption services, child and family counseling, child advocacy services and family resource centers. Our reputation draws patients and families from around the country.

We offer a wide variety of rewarding career opportunities and are seeking individuals dedicated to helping us achieve our vision of the healthiest kids in the country. If you want to work for an organization that makes a difference for children and families, and encourages you to be at your best every day, please apply today.

Please follow this link for a closer look at what it's like to work at Children's Wisconsin:https://www.instagram.com/lifeatcw/

Job Summary
Oversees and directs the Children's Hospital and Health System, Inc. ("Children's) clinical risk management function with the objective of controlling and minimizing losses and to protect the assets of the system. Identifies actual or potential risks, evaluates and directs the implementation of corrective action or systems improvements to prevent injury to patients, visitors and employees and to support the provision of safe, quality patient services. Advises and educates system leadership, medical/dental and professional staff and all employees on clinical risk issues.

  • Bachelor's Degree in nursing required.
  • Additional graduate education in nursing, business/healthcare administration or law preferred.
  • 5+ years experience in the healthcare industry required.
  • 2+ years experience providing leadership, direction and oversight to assigned colleagues and teams required.
  • experience contributing to team development and education related to risk matters required.
  • Demonstrated ability leading collaborative activities, chairing meetings, and making presentations to physicians and executive leadership.
  • Demonstrated ability to work and function in a complex corporate, system environment.
  • Ability to communicate effectively with individuals of diverse backgrounds from all disciplines and levels of the organization. Must be comfortable to effectively and compassionately communicate with patients, claimants and family members regarding difficult topics.
  • Strong decision making and critical thinking skills and ability to manage multiple teams of people and projects simultaneously.
  • Knowledge of process improvement practices pertaining to risk management in a healthcare setting (Six Sigma, LEAN, etc.).
  • Familiarity with hospital and clinical healthcare operations and knowledge of problems encountered in the delivery of healthcare. Skill in implementation strategies for system enhancement and improvement.
  • Requires independent judgment and the ability to work under minimal supervision, prioritize work and maintain a high level of confidentiality.
  • Excellent communication and interpersonal skills necessary to interact effectively with various levels of hospital personnel, medical staff and leadership, patients and families and outside counsel and insurance consultants and vendors.
  • Knowledge of information systems and computer operations (including Windows, Excel, Origami, and other graphics programs) in a healthcare environment as well as data analysis skills.
  • Requires strong organizational and analytical skills and the ability to manage multiple projects and organize time to meet projected target dates for project completion.
  • Demonstrated ability to draft comprehensive reports and memos regarding all areas pertaining to the risk function.


Children's Wisconsin is an equal opportunity / affirmative action employer. We are committed to creating a diverse and inclusive environment for all employees. We treat everyone with dignity, respect, and fairness. We do not discriminate against any person on the basis of race, color, religion, sex, gender, gender identity and/or expression, sexual orientation, national origin, age, disability, veteran status, or any other status or condition protected by the law.

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