Assistant Risk Manager

Aurora Innovation$147K — $236K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Risk Management, Finance, Business, or a related quantitative field.
  • Minimum 8+ years of progressive experience in corporate risk management, insurance brokerage, or underwriting.
  • Advanced mastery of insurance principles and complex policy language.
  • Expert proficiency in Risk Management Information Systems (RMIS) and advanced data visualization tools.
  • Strong track record of negotiating with global insurers and conveying risk concepts to executives.

Responsibilities

  • Lead the life cycle of corporate insurance placements, including strategy development and premium negotiation.
  • Oversee development and validation of sophisticated risk models for data-backed decisions.
  • Conduct enterprise-wide operational audits to identify emerging risks and recommend risk control solutions.
  • Direct investigation and management of high-exposure claims, advocating for favorable settlements.
  • Develop and audit the corporate Risk Management Manual to ensure regulatory compliance.
  • Partner with executive leadership across departments to align risk strategies with commercial goals.
  • Pioneer AI-driven tools for claims processing and improve predictive cost modeling accuracy.

Benefits

  • Hybrid work environment requiring in-office attendance at least 3 days per week.
  • Opportunity for annual bonus and equity compensation.
  • Commitment to safety and building a culture of trust among employees.
Full Job Description
What we are looking for

Aurora hires talented people with diverse backgrounds who are ready to help build a transportation ecosystem that will make our roads safer, get crucial goods where they need to go, and make mobility more efficient and accessible for all. We're searching for a Assistant Risk Manager. Reporting to the Sr. Director, Business Risk & Insurance, the Assistant Risk Manager (Insurance Focus) is responsible for the strategic oversight and tactical execution of Aurora's corporate insurance programs. This role serves as a critical lead in identifying, assessing, and mitigating operational and financial risk exposures to safeguard company assets and ensure long-term stability. The Manager will drive the policy renewal process, manage complex claims portfolios, and leverage advanced quantitative models to optimize risk financing strategies.

In this role, you will
  • Insurance Strategy & Program Management: Lead the comprehensive life cycle of corporate insurance placements (e.g., General Liability, Property, Auto, Workers' Compensation, and D&O), including strategy development, broker management, and premium negotiation.
  • Quantitative Risk Modeling: Oversee the development and validation of sophisticated risk models-including exposure analysis, catastrophe modeling, and loss data statistics-to drive data-backed decisions on risk retention and transfer.
  • Risk Assessment & Identification: Conduct regular enterprise-wide operational audits to identify emerging risks, performing detailed financial projections to recommend optimized risk control solutions.
  • Claims Management & Advocacy: Direct the investigation and management of high-exposure insurance claims, acting as the primary advocate for the company in negotiations with brokers and carriers to ensure favorable settlements.
  • Corporate Compliance & Governance: Develop, maintain, and audit the corporate Risk Management Manual, ensuring all procedures comply with evolving safety regulations and internal governance standards.
  • Strategic Stakeholder Collaboration: Partner with executive leadership across Legal, Finance, and Operations to align risk strategies with commercial milestones and promote enterprise-wide loss prevention initiatives.
  • AI Integration for Risk: Pioneer the use of AI-driven tools and agentic workflows to accelerate claims processing, automate routine risk reporting, and improve the accuracy of predictive cost modeling.

Required Qualifications
  • Bachelor's degree in Risk Management, Finance, Business, or a related quantitative field.
  • Minimum 8+ years of progressive experience in corporate risk management, insurance brokerage, or underwriting.
  • Advanced mastery of insurance principles, complex policy language, and alternative risk financing structures (e.g., captives or large deductible programs).
  • Expert proficiency in Risk Management Information Systems (RMIS) and advanced data visualization tools. Demonstrable ability to create and interpret complex financial models.
  • Strong track record of successfully negotiating with major global insurers and communicating high-level risk concepts to executive stakeholders.

Desirable Qualifications
  • Knowledge of Python, SQL, or AI-powered analytical platforms.
  • Professional designations such as CRM (Certified Risk Manager), ARM (Associate in Risk Management), or CPCU (Chartered Property Casualty Underwriter).
  • Prior experience in the Autonomous Vehicle (AV), technology, or logistics/trucking sectors is highly preferred.

The base salary range for this position is $147,000-$236,000 per year. Aurora's pay ranges are determined by role, level, and location. Within the range, the successful candidate's starting base pay will be determined based on factors including job-related skills, experience, qualifications, relevant education or training, and market conditions. These ranges may be modified in the future. The successful candidate will also be eligible for an annual bonus, equity compensation, and benefits.

#LI-JH1x

Working at AuroraAt Aurora, we bring together extraordinarily talented and experienced people united by the strength of our values. We operate with integrity, set outrageous goals, and build a culture where we win together - all without any jerks.

We believe in-person work increases collaboration, empathy and our ability to lead effectively. As a result, we operate in a hybrid work environment where Aurorans are in office at least 3 days per week.

Our Careers page provides insight into what it is like to work at Aurora, and you can find all the latest updates in our Newsroom.

Our commitment to safety

At the core of everything we do is our commitment to safety. Building best-in-class self-driving technology will take time, and we believe that each employee at Aurora has a role in contributing to safety, every step of the way. Aurora expects commitment to our safety policies from every employee, and seeks candidates who take an active responsibility, can contribute to building an atmosphere of trust, and invest in the organization's long-term success by prioritizing working safely, no matter what.

About Aurora Innovation

Aurora Innovation is a technology company that develops self-driving car technology. The company was founded in 2017 by a team of experts in the field of autonomous vehicles, including former executives from Google, Tesla, and Uber. Aurora's technology is designed to enable vehicles to operate safely and efficiently in a variety of driving conditions, and the company has partnerships with a number of major automakers, including Volkswagen and Hyundai. Aurora is based in Boston, Massachusetts.
Learn more about Aurora Innovation
Size
600 employees
Market Cap
$1.3 billion
Industry
NASDAQ

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