Assistant Risk Manager

Aurora InnovationSan Francisco, CA
$147,000 - $236,000Hybrid

About The Position

Aurora is seeking an Assistant Risk Manager with a focus on insurance to join their team. Reporting to the Sr. Director, Business Risk & Insurance, this role is responsible for the strategic oversight and tactical execution of Aurora’s corporate insurance programs. The position plays a key role in identifying, assessing, and mitigating operational and financial risk exposures to protect company assets and ensure long-term stability. The Manager will lead the policy renewal process, manage complex claims portfolios, and utilize advanced quantitative models to optimize risk financing strategies.

Requirements

  • 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.

Nice To Haves

  • 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.

Responsibilities

  • 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.
  • 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.
  • Conduct regular enterprise-wide operational audits to identify emerging risks, performing detailed financial projections to recommend optimized risk control solutions.
  • 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.
  • Develop, maintain, and audit the corporate Risk Management Manual, ensuring all procedures comply with evolving safety regulations and internal governance standards.
  • Partner with executive leadership across Legal, Finance, and Operations to align risk strategies with commercial milestones and promote enterprise-wide loss prevention initiatives.
  • 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.

Benefits

  • annual bonus
  • equity compensation
  • benefits
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