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Sr Risk Manager information

See Utah salary details

$20.5K

$107.7K

$191.2K

How much do sr risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for sr risk manager in Utah is $107,659.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,900.00 and $132,000.00 per year, depending on experience, location, and employer.

How does a Sr Risk Manager typically collaborate with other departments to manage organizational risks?

As a Sr Risk Manager, you will frequently work cross-functionally with teams such as compliance, legal, finance, and operations to identify, assess, and mitigate risks. This involves facilitating risk assessments, sharing findings with department leads, and developing action plans together. Effective communication skills and the ability to translate complex risk concepts into practical recommendations are essential. Regular meetings and reporting cycles help ensure risks are monitored and managed proactively across the organization.

What is the difference between Sr Risk Manager vs Risk Analyst?

AspectSr Risk ManagerRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, risk management certifications)Often requires a bachelor's degree, some certifications preferred
Work EnvironmentStrategic, leadership-focused, often managerialAnalytical, data-driven, support role
Employer & Industry UsageUsed in finance, insurance, corporate sectors for risk oversightCommon in finance, banking, and insurance for risk assessment

The main difference between a Sr Risk Manager and a Risk Analyst lies in their responsibilities and experience level. The Sr Risk Manager oversees risk strategies and manages teams, requiring more advanced credentials and strategic thinking. In contrast, the Risk Analyst focuses on data analysis and risk assessment tasks, often serving as a support role. Both roles are vital in risk management but differ in scope and seniority.

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

To thrive as a Sr Risk Manager, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically a bachelor's or master's degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (Governance, Risk, and Compliance) systems, and certifications like FRM or CRM are often required. Strong analytical thinking, leadership, and effective communication skills help in influencing decision-makers and leading cross-functional teams. These competencies are essential for identifying, mitigating, and communicating risks to protect the organization’s assets and reputation.

What does a Sr Risk Manager do?

A Sr Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact an organization’s operations, finances, or reputation. They develop risk management strategies, implement policies, and collaborate with other departments to ensure compliance and minimize potential losses. This role often involves analyzing data, preparing reports for senior leadership, and staying updated on regulatory changes that may affect the business.
What are popular job titles related to Sr Risk Manager jobs in Utah? For Sr Risk Manager jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Sr Risk Manager jobs in Utah look for? The top searched job categories for Sr Risk Manager jobs in Utah are:
Sr Risk Manager jobs near you
Infographic showing various Sr Risk Manager job openings in Utah as of June 2026, with employment types broken down into 91% Full Time, and 9% Contract. Highlights an 88% In-person, 8% Hybrid, and 4% Remote job distribution, with an average salary of $107,659 per year, or $51.8 per hour.
Senior Risk Manager

Senior Risk Manager

The Church of Jesus Christ of Latter-day Saints

Salt Lake City, UT • On-site

Full-time

Posted 9 days ago

Church of Jesus Christ of Latter-day Saints rating

8.5

Company rating: 8.5 out of 10

Based on 78 frontline employees who took The Breakroom Quiz

3rd of 15 rated religious organizations

Job description

Job Description
The Sr. Risk Manager provides expertise in insurance & risk management; loss prevention; claims management and other key risk management activities, for a significant real estate investment portfolio of commercial, residential and land properties, overseen by a large team of professional investment managers, specializing in asset management, construction, transactions, and supporting functions.
Responsibilities
Insurance & Risk Management
  • Advising: Responsible for advising and assisting senior management in incorporating risk management and insurance principles and practices in business operations and agreements while ensuring the risk management policies and strategies are in compliance with applicable regulations, contracts, and Federal/State laws. Oversee development of tools, practices, and policies to analyze and report to management regarding the status of enterprise risk.
  • Insurance Purchase and Management: Manage all aspects of the Company's insurance plans and programs (property, casualty, builder's risk, environmental, workers compensation, etc.). Prepare insurance applications, evaluate quotes and recommend coverages, premiums, and limits. Obtain insurance cost estimates to assist in underwriting potential property acquisitions. Oversee the development of portfolio and property specific insurance renewal budgets and manage the budget for risk management operational needs. Work directly with brokers and underwriters for new and existing insurance coverage within the United States and internationally. Oversee issuance and renewal of certificates of insurance where utilized.
  • Policies & Best Practices: Develop, implement, and promote insurance and risk management-related policies, procedures, and guidelines to create a comprehensive approach to identifying, prioritizing, and mitigating risks that could impact business objectives.

Loss Prevention
  • Develop and maintain loss control programs and advise operating units on implementation, considering type of property, geographical location, and claims history. Suggest risk mitigation strategies that are cost-effective. Utilize insurer loss prevention resources.

Claims Management
  • Claims: Manage all aspects of claims including receipt and review of all accident/incident reports. Report claims/incidents to the appropriate insurance carriers and claims adjusters. Effectively leverage third party administrators in adjusting claims and monitor their performance. File claims with responsible parties and negotiate settlements with insurers of tenants, vendors, and contractors. Manage and refine the claims reporting process with a focus on efficiency.
  • Litigation: Coordinate closely with legal counsel for proper determination of liability and resolution of litigated claims in multi-state environment. Manage subrogation efforts and legal costs.

Qualifications
  • Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy
  • Bachelor's degree in risk management and insurance, law, business, or related fields; advanced degree(s) and professional designation(s) a plus.
  • More than fifteen years of experience in one or more of the following areas: risk management, insurance, legal, and/or business management. Experience with risk management of investment properties strongly preferred
  • Significant understanding of the design and administration of insurance programs to mitigate property, casualty, builder's risk and environmental risk; experience with insurance policy pricing and renewals
  • Experience with the design and administration of loss control programs, risk management policies, procedures, and training programs
  • Proven history overseeing claims management programs/working effectively with third party claims adjusters, and evaluating insurance and indemnification provisions in legal agreements
  • Experience negotiating insurance, liability and indemnification provisions of various agreement types, including joint development agreements, property management agreements, and complex commercial contracts
  • Experience overseeing litigation matters and coordinating the work of outside litigation legal counsel preferred
  • Experience with construction insurance, performance and payment bonds, and subcontractor default insurance
  • Experience with creation and execution of Enterprise Risk Management programs. Proficiency in use of RMIS a plus
  • Exceptional analytical skills, organizational skills and attention to detail with proven history of taking initiative and driving projects forward
  • Excellent skills in MS Outlook, PowerPoint, Excel and Word

PR/IP
About Us
Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord's work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings- giving Church members places to worship, teach, learn, and receive sacred ordinances-our employees seek innovative ways to share the gospel of Jesus Christ with the world. They are literally working in His kingdom.
Only members of the Church who are worthy of a temple recommend qualify for employment. Apart from this, the Church is an equal opportunity employer and does not discriminate in its employment decisions on any basis that would violate U.S. or local law.
Qualified applicants will be considered for employment without regard to race, national origin, color, gender, pregnancy, marital status, age, disability, genetic information, veteran status, or other legally protected categories that apply to the Church. The Church will make reasonable accommodations for qualified individuals with known disabilities.

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