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Commercial Risk Manager Jobs in Columbus, OH (NOW HIRING)

Analyze and report key risk metrics in accordance with Commercial Risk Policy, including: * Daily ... Prepare energy commodity confirmations for management review. * Investigate and resolve ...

Responsible for risk management; quick identification and action to mitigate losses and reputation risk; oversight of controls, policies and procedures. * Partners closely with Sales and business ...

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Commercial Risk Manager information

See Columbus, OH salary details

$49.7K

$107.8K

$164.2K

How much do commercial risk manager jobs pay per year?

As of Jun 11, 2026, the average yearly pay for commercial risk manager in Columbus, OH is $107,752.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,900.00 and $124,600.00 per year, depending on experience, location, and employer.

How does a Commercial Risk Manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a commercial risk manager do?

A commercial risk manager identifies, assesses, and mitigates financial and operational risks that could impact a company's commercial activities. They analyze market conditions, develop risk management strategies, and often use tools like risk assessment software to protect the organization’s assets and profitability. Strong analytical skills and industry knowledge are essential for this role.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

What is the highest salary for a risk manager?

The highest salaries for commercial risk managers can exceed $150,000 annually, especially for those with extensive experience, specialized certifications, or leadership roles in large organizations. Top earners often work in industries like finance, insurance, or energy and may receive bonuses and other incentives.

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

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How much does a risk manager get paid?

A commercial risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications can earn higher compensation, often exceeding $150,000 per year.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in financial or corporate risk environments.
What are popular job titles related to Commercial Risk Manager jobs in Columbus, OH? For Commercial Risk Manager jobs in Columbus, OH, the most frequently searched job titles are:
What job categories do people searching Commercial Risk Manager jobs in Columbus, OH look for? The top searched job categories for Commercial Risk Manager jobs in Columbus, OH are:
Risk Manager - Insurance

$110K - $145K/yr

Full-time

Medical, Retirement

Posted 15 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.