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Risk Management Insurance Jobs in Indiana (NOW HIRING)

Solace Risk Management

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Insurance Sales Producer

Indianapolis, IN · On-site

TBD Company Description Solace Risk Management (SRM) is an Indiana based insurance agency that specializes in providing commercial and personal lines insurance coverage along with third-party claims ...

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$78.5K

$115.6K

$177K

How much do risk management insurance jobs pay per year?

As of Jun 6, 2026, the average yearly pay for risk management insurance 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 Are Insurance Risk Management Jobs?

Insurance risk management jobs include analyst positions, risk management supervisors and managers, accountants, and program managers. Your duties in this field vary depending on the type of position and the industry in which you work. Those working directly in the insurance industry are responsible for analyzing risk posed by offering insurance to individuals or to larger corporate entities. Your responsibilities as a risk management program coordinator or manager in the financial industry, meanwhile, may be to develop strategies and tools to reduce investment risks. Those working in government have similar duties, but they try to prevent risks related to municipal finances and bonds.

Is insurance risk management a good career?

Risk management insurance is a viable career that involves identifying and analyzing potential risks to minimize financial losses for organizations. It requires strong analytical skills, knowledge of insurance policies, and often professional certifications such as the Certified Risk Manager (CRM). The field offers opportunities for advancement and stability in various industries.

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

To thrive in Risk Management Insurance, you need a solid understanding of risk assessment, insurance products, and regulatory compliance, often supported by a degree in finance, business, or a related field. Familiarity with risk analysis software, claims management systems, and certifications like ARM (Associate in Risk Management) are commonly required. Strong analytical thinking, attention to detail, and effective communication distinguish top performers in this role. These skills ensure accurate risk evaluation, regulatory adherence, and the ability to communicate complex concepts to clients and stakeholders.

How does a Risk Management Insurance professional typically interact with other departments within an organization?

Risk Management Insurance professionals frequently collaborate with departments such as finance, legal, operations, and human resources to identify, assess, and mitigate potential risks. They often lead risk assessment workshops, coordinate with department heads to gather data, and work closely with legal teams to ensure compliance with regulations and insurance requirements. Building strong cross-functional relationships is essential, as successful risk management relies on the cooperation and communication of multiple teams throughout the organization.

What is the difference between Risk Management Insurance vs Insurance Underwriter?

AspectRisk Management InsuranceInsurance Underwriter
CredentialsCertifications like CPCU, ARMCertifications like CPCU, ARe
Work EnvironmentCorporate risk departments, consulting firmsInsurance companies, underwriting departments
Industry UsageRisk mitigation, policy developmentPolicy evaluation, risk assessment

Risk Management Insurance professionals focus on identifying and mitigating risks for organizations, often working in corporate or consulting settings. Insurance Underwriters evaluate insurance applications and determine policy terms within insurance companies. While both roles require similar certifications and operate within the insurance industry, risk managers concentrate on broader risk strategies, whereas underwriters focus on assessing individual risks for policy issuance.

What is risk management insurance?

Risk management insurance is a field that focuses on identifying, assessing, and mitigating the potential risks that organizations or individuals face. Professionals in this area help design insurance programs and strategies to protect against financial loss from unforeseen events, such as accidents, natural disasters, or lawsuits. Their work involves analyzing potential hazards, recommending appropriate coverage, and ensuring compliance with regulations. Effective risk management helps organizations minimize losses and maintain financial stability.
More about Risk Management Insurance jobs
What cities in Indiana are hiring for Risk Management Insurance jobs? Cities in Indiana with the most Risk Management Insurance job openings:
Risk Management Insurance jobs near you
Infographic showing various Risk Management Insurance job openings in Indiana as of May 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Temporary. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $115,620 per year, or $55.6 per hour.
Risk Manager - Insurance

Risk Manager - Insurance

Insurance Office of America

Indianapolis, IN • On-site

$110K - $145K/yr

Full-time

Medical, Retirement

Posted 10 days ago

Insurance Office Of America rating

8.6

Company rating: 8.6 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

73rd of 260 rated insurance

Job description

Description

Job Description:

Title: Risk Manager - Insurance 

Fully Remote: applicants in Eastern or Central Time Zone
Supporting: Longwood, FL | Required: Bachelor’s degree in Risk Management, Finance, Business, Insurance (or a related field), active P&C license
Please note: If this position is posted as either fully remote and/or hybrid, in accordance with company policy, individuals residing within a 50-mile radius of a branch location may be required to work onsite in a hybrid capacity as there may be occasions when on-site presence is necessary to meet specific business needs. Additionally, our remote work policy includes having a dedicated, distraction-free workspace. Remote work is not a substitute for childcare, elder care, or other personal responsibilities during working hours. To view our branch locations, please visit: ioausa.com/locations 
 

About the Role: The Insurance Broker – Risk Manager is responsible for identifying, assessing, and mitigating organizational risk through the design, placement, and ongoing management of insurance and risk financing programs. This role acts as a strategic advisor to clients or internal stakeholders, aligning insurance solutions with business objectives while ensuring regulatory compliance, cost efficiency, and effective claims management. 

 
Key Responsibilities: 

  • Risk Assessment: Conduct comprehensive risk evaluations across property, casualty, liability, professional, cyber, and related exposures to identify risk profiles. 

  • Exposure Analysis: Analyze loss history, operations, and contractual obligations to determine coverage requirements and risk tolerance. 

  • Risk Mitigation Strategy: Develop and implement strategies, including loss control and prevention initiatives, to reduce exposure and improve outcomes. 

  • Program Design & Placement: Design and structure insurance programs that align with client or organizational needs and risk profiles. 

  • Carrier Marketing & Negotiation: Market programs to carriers, negotiating terms, coverage, and pricing to achieve optimal results. 

  • Alternative Risk Solutions: Advise on risk financing strategies such as captives, self‑insurance, deductibles, and retention structures. 

  • Client Advisory: Serve as a trusted advisor to clients and leadership, providing guidance on risk management strategies and insurance solutions. 

  • Proposal & Renewal Strategy: Prepare and present risk analyses, insurance proposals, and renewal recommendations to stakeholders. 

  • Policy Administration: Review policies, endorsements, and certificates to ensure accuracy, adequacy, and proper coverage alignment. 

  • Compliance Management: Ensure adherence to regulatory requirements, contractual obligations, and internal risk management standards. 

  • Claims Oversight: Oversee claims reporting and resolution, coordinating with carriers, adjusters, and legal partners to drive favorable outcomes. 

  • Claims Analysis: Monitor claim trends and recommend corrective actions to reduce future losses and improve performance. 

  • Carrier & Stakeholder Collaboration: Partner with carriers and internal teams including Legal, Finance, HR, and Operations to align risk strategies. 

  • Market & Risk Intelligence: Stay informed on market trends, emerging risks, regulatory changes, and industry developments to provide proactive recommendations. 

  • Champion IOA Values: Demonstrate integrity and leadership. 

 
Ideal Candidate Qualifications: 

  • Bachelor’s degree in Risk Management, Finance, Business, Insurance, or related field; advanced degree preferred 

  • 5–10+ years of experience in insurance brokerage, risk management, or commercial insurance consulting. Active property & casualty licensing.

  • Proven expertise managing complex insurance programs and client relationships 

  • Professional designations such as CPCU, ARM, or CRM preferred; active insurance licensing as required 

  • Strong knowledge of commercial insurance products, coverage structures, and risk transfer strategies 

  • Excellent analytical, financial, negotiation, and problem‑solving skills 

  • Outstanding communication and presentation abilities with a consultative, relationship‑driven approach 

  • High attention to detail, strong organizational skills, and ability to manage multiple priorities 

 
What We Offer: 

  • Competitive salaries and bonus potential 

  • Company-paid health insurance 

  • Paid holidays, vacations, and sick time 

  • 401K with employer match 

  • Professional growth and career progression opportunities 

  • Respectful culture and work/family life balance 

  • Community service commitment 

  • Supportive teammates and a rewarding work environment 

 
What to Expect (Application Process): 

  • 30-Minute Phone Screen, Online Assessments, and Interview(s) 

Salary Range

The expected pay range for this position is $110,000.00 to $145,000.00 per year, depending on experience, relevant skills, and geographic location.

Insurance Office of America is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Summary

The Insurance Broker – Risk Manager is responsible for identifying, assessing, and mitigating organizational risk through the design, placement, and ongoing management of insurance and risk financing programs. This role acts as a strategic advisor to clients or internal stakeholders, aligning insurance solutions with business objectives while ensuring regulatory compliance, cost efficiency, and effective claims management.

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