Director Of Risk Management Jobs in USA with Visa Sponsorship
Director of Risk Management roles attract H-1B visa and EB-2 sponsorship from financial institutions, insurers, and large corporations. Most require a graduate degree in finance, business, or a related field, and USCIS consistently classifies this as a specialty occupation. For detailed occupation requirements, see the O*NET profile.
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INTRODUCTION
The Director of Risk Management – MidAtlantic will play a key role in adapting, monitoring, and implementing the market strategy with both their Market Growth Leader and Senior Director of Risk Management/Managing Director. This position will provide useful risk and financial insights to help make better decisions and execute the market strategy.
The Director of Risk Management (DRM) will interact effectively both internally and externally, and be viewed as a trusted business advisor. Critical outcomes include supporting the market with key risk and financial information and analytics, driving a culture of accountability in managing the business, and voicing well-substantiated dissenting opinions.
Key Responsibilities
- Share market P&L accountability for the local market with MGL and market’s Senior DRM / Managing Director
- Build and maintain working knowledge of all lines of business operating within the market.
- Support management process that measures and analyzes results, initiates corrective actions, and minimizes the impact of variances to ensure P&L goals are achieved.
- Study financial trends to identify revenue, cost reduction, return on investment, profit, and improvement opportunities.
- Work with Sr DRM / Managing Director to create financial planning. Hold matrix and market partners accountable to taking actions and making decisions that ensure targets are achieved.
- Market lead the underwriting function supporting Sr DRM / Managing Director. Drive pipeline and portfolio management.
Support developing and executing market strategy
- Provide useful risk and financial insights to make better decisions about formulating and executing business strategy.
- Integrate buyer group strategies for local market execution.
- Support development and co-own execution of multi-year strategic business plan.
- Strategically leverage matrix partnerships and subject matter expertise to execute market strategies.
- Be a student of the market. Have a presence in the community and industry events.
Provide a broad risk management perspective to all strategic conversations
- Develop mastery of data insights and new risk levers.
- Develop processes and disciplines around monitoring and assessing risk in decisions.
- Proactively share feedback from the market with home office partners to improve our suite of solutions and services.
- Always start with and end with customer/client needs, when developing consultative, innovative and affordable solutions and contemplating the resultant risk. Cigna cannot optimize outcomes without creating value for our customers and clients.
People and personal development
- Hire and retain top grade talent. Develop and inspire the team to achieve next level performance.
- Influence how we hire and train.
- Be a team player. Proactively share ideas and best practices with peers. Challenge when appropriate.
- Invest in your own personal development. Update job knowledge, seek educational opportunities, read relevant industry and local market news, maintain professional networks, participate in professional organizations.
Required Competencies
- Business acumen
- Results oriented
- Leadership and talent development
- Influencing / negotiating and professional savvy
- Strategic thinking - bias to be curious
- Foster a culture of innovation
- Change management
- Ability to drive results through matrix environment
- Create collaborative environment to leverage expertise across buying groups
- Demonstrated ability to contribute to driving corporate strategy
- Proven financial acumen demonstrated by risk management, underwriting or related experience
- Customer focused
Qualifications:
- Bachelor’s Degree
- 8+ years of underwriting, finance or related experience
- Experienced people manager with a proven track record of building effective teams, as well as motivating and developing others
- History of consistently delivering business results and achieving production goals
- Ability to work effectively in dynamic, rapidly changing, team-based environment
- Strong creative thinking, problem solving, and decision making skills
- Ability to create vision and purpose
- Innovative and creative thinker who develops and recommends thoughtful solutions to complex issues, and drives toward win-win solutions w/ an execution focus
- Demonstrated track record of leading organizations through business model changes with proven results
- Ability to foster collaboration, value others perspectives and gain support and buy-in for organizational proposals
- Excellent communication and influencing skills
- Strong emotional intelligence, leadership skills, and executive presence
- Proven ability to function and thrive in a heavily matrixed environment
- Ability to drive consistent processes across multiple locations
- Some travel required (25%)
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About Cigna Healthcare
Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you need a reasonable accommodation to complete the online application process, please email seeyourself@thecignagroup.com for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.
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Get Access To All JobsTips for Finding Director Of Risk Management Jobs
Target regulated industries first
Banks, insurance carriers, and publicly traded companies face the strictest risk oversight requirements and are most likely to sponsor visas. These employers have established immigration programs and legal teams experienced with H-1B and EB-2 petitions for senior risk roles.
Lead with your technical risk credentials
FRM, CFA, or PRM certifications strengthen your H-1B specialty occupation case significantly. USCIS scrutinizes director-level roles for degree-job nexus, so pairing your academic background with recognized professional credentials makes the petition harder to challenge.
Understand the LCA wage requirement
Your employer must file a Labor Condition Application certifying your offered wage meets the prevailing wage for the role and location. Director-level risk positions typically fall into higher wage tiers, so confirm your offer aligns before the petition is submitted.
Document your specialty clearly in the petition
Vague job descriptions invite RFEs. Ensure your employer's attorney articulates why the role requires a specific degree field, not just any bachelor's degree. Risk modeling, regulatory capital, or enterprise risk framework experience tied to your degree field strengthens the specialty occupation argument.
Consider EB-2 NIW if you have a research or policy background
Directors of Risk Management with backgrounds in systemic risk research, financial stability policy, or published quantitative methods may qualify for EB-2 National Interest Waiver. This pathway eliminates the need for employer-sponsored PERM labor certification entirely.
Use Migrate Mate to find sponsors actively hiring
Not every company that posts a risk director role will sponsor visas. Migrate Mate filters for employers with active sponsorship histories, saving you from applying to roles where visa support is unlikely and focusing your effort on companies already familiar with the process.
Director Of Risk Management jobs are hiring across the US. Find yours.
Find Director Of Risk Management JobsFrequently Asked Questions
Is Director of Risk Management a qualifying specialty occupation for H-1B purposes?
Yes, Director of Risk Management consistently qualifies as a specialty occupation. USCIS requires that the role normally demands a bachelor's degree or higher in a specific field such as finance, economics, statistics, or risk management. The key is that your employer's petition clearly articulates why the position requires that specific field, not just any degree.
Which visa types do employers typically sponsor for risk management directors?
H-1B is the most common sponsorship path for Director of Risk Management roles, particularly in banking, insurance, and consulting. Employers with multinational operations may also sponsor L-1A visas for internal transfers into director-level positions. Candidates with exceptional records in quantitative risk research sometimes pursue O-1A or EB-1A. EB-2 with PERM is the standard green card route once you're established with a sponsoring employer.
What degree does USCIS expect for a Director of Risk Management H-1B petition?
USCIS typically expects a bachelor's degree or higher in finance, economics, mathematics, statistics, business administration, or a related quantitative field. A master's degree in risk management, financial engineering, or an MBA with a finance concentration significantly strengthens the petition. If your undergraduate degree is in a less directly related field, a combination of graduate education and progressive risk management experience helps establish the degree-job nexus.
How likely is H-1B approval for a Director of Risk Management role?
Approval rates for director-level financial and risk management roles are generally strong when the petition is well-documented. The main risk of a Request for Evidence involves proving the role requires a specific degree rather than accepting any field. Large financial institutions and experienced immigration attorneys familiar with risk management job descriptions tend to produce cleaner petitions with fewer RFEs and higher first-attempt approval rates.
Where can I find Director of Risk Management jobs that offer visa sponsorship?
Migrate Mate is the best place to start. It surfaces Director of Risk Management openings specifically from employers with demonstrated visa sponsorship histories, so you're not guessing whether a company will support your petition. Filtering by sponsorship eligibility upfront saves significant time during a job search where immigration timeline pressure is often a factor.
What is the prevailing wage requirement for sponsored Director Of Risk Management jobs?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.
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