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Sr Risk Manager Jobs in Boston, MA (NOW HIRING)

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Sr Risk Manager information

See Boston, MA salary details

$24.4K

$128.5K

$228.1K

How much do sr risk manager jobs pay per year?

As of Sep 12, 2026, the average yearly pay for sr risk manager in Boston, MA is $128,476.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,800.00 and $157,500.00 per year, depending on experience, location, and employer.

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.

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 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 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 popular job titles related to Sr Risk Manager jobs in Boston, MA?

For Sr Risk Manager jobs in Boston, MA, the most frequently searched job titles are:

What job categories do people searching Sr Risk Manager jobs in Boston, MA look for?

The top searched job categories for Sr Risk Manager jobs in Boston, MA are:

Sr Risk Manager jobs near you
Infographic showing various Sr Risk Manager job openings in Boston, MA as of September 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $128,476 per year, or $61.8 per hour.

Senior Client Manager, Commercial Risk - IAS Northeast

Kingston, MA • On-site

The Baldwin Group
See more jobs at The Baldwin Groupexternal

$80K - $90K/yr

Full-time

Posted 10 days ago

Job description

JOB DESCRIPTION SUMMARY:
  • The Sr. Client Manager assists in the coordination of carrier relationships on behalf of the company by leading the service team on large accounts as assigned, including coordinating key services and developing the initial placement/renewal strategy.

PRIMARY RESPONSIBILITIES:
  • Performs all Account Manager responsibilities as well as:
  • Assists in establishing and maintaining appropriate carrier relationships.
  • Performs marketing activities for large accounts as assigned.
  • Prepares risk maps or peer reviewing risk maps for assigned accounts.
  • Coordinates service delivery including developing initial placement/renewal strategy.
  • Completes special projects.
  • Looks for opportunities to improve the firm, business segment and processes. Brings issues and discrepancies to appropriate leadership.
  • When requested, serves as a mentor to new colleagues.

KNOWLEDGE, SKILLS & ABILITIES:
  • Possesses strong technical knowledge of general insurance market conditions and specific insurance carrier underwriting appetites.
  • Can analyze complex risk exposures, existing insurance coverages and develop appropriate recommendations for clients and prospects.
  • Exhibits excellent client service and problem-solving skills.
  • Possesses intermediate to advanced knowledge of Microsoft Word, Excel, PowerPoint, and Outlook and the ability to learn any other appropriate insurance company and firm software programs.

EDUCATION & EXPERIENCE:
  • A Bachelor's degree is preferred, and either has, or is working towards, a professional insurance designation.
  • Must possess at least five years' experience and demonstrated proficiency in Account Management.
  • License(s): Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain all required licenses within the first 90 days of employment required
  • Demonstrates effective presentation skills through verbal and written communications.
  • Demonstrates the organization's core values, exuding behavior that is aligned with corporate culture.

OTHER:
  • Fast paced multi-tasking environment
  • Some travel may be required.

Starting pay for this position is $80,000-90,000+. Salary is negotiable upon time of hire.
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IMPORTANT NOTICE:
  • This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.

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The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.

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