Jobs · Finance · Colorado

Manager - Risk & Insurance

Frontier Airlines · Denver, CO · 2 wk ago
HybridFinance$100k–$133k/yrFull-time

Work Perks

At Frontier, we like to think we’re creating something very special for our team members. Work is why we’re here, but the perks are nice too:

  • Flight benefits for you and your family to fly on Frontier Airlines.
  • Buddy passes for your friends so they can experience what makes us so great.
  • Discounts throughout the travel industry on hotels, car rentals, cruises and vacation packages.
  • Discounts on cell phone plans, movie tickets, restaurants, luggage and over 2,000 other vendors.
  • Enjoy a ‘Dress for your Day’ business casual environment.
  • Flexible work schedules that support work/life balance.
  • Total Rewards program including a competitive base salary, short term incentives, long-term incentives, paid holidays, 401(k) plan, vacation/sick time and medical/dental/vision insurance that begins the 1st of the month following your hire date.
  • We play our part to make a difference. The HOPE League, Frontier Airlines’ non-profit organization, is dedicated to providing employees financial assistance during catastrophic hardship.

Who We Are

Frontier Airlines is a leading ultra-low cost carrier headquartered in Denver, Colorado. With a mission to deliver Low Fares Done Right, the company provides affordable, convenient and accessible air travel throughout the U.S., Caribbean, Mexico and Latin America. Frontier’s highly fuel-efficient, all-Airbus fleet is among the youngest and most modern of any carrier within the U.S. That, combined with the airline’s many weight-saving initiatives and focus on operational efficiencies, makes Frontier America’s Greenest Airline.* Each Frontier Airlines plane tail features a special animal with a unique name and backstory. Many of the featured species are endangered or threatened, part of the airline’s commitment to underscore and raise awareness for their plight. Frontier serves approximately 100 destinations throughout North America and operates 500-plus daily flights, on average. The airline employs more than 7,000 team members and has crew bases in more than a dozen U.S. cities. Frontier Airlines., Inc., is a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC).

What Will You Be Doing?

The Risk Manager is a key member of Frontier’s Treasury organization, overseeing the company’s insurance program strategy, annual renewals, damage and liability claims, insurance coverage analysis, and management of all risk related financial instruments including letters of credit, surety bonds, and guarantees.

Essential Functions

  • Risk Management
    • Lead the annual renewal of all insurance programs, partnering with brokers when appropriate (aviation hull & liability, property, cyber, D&O/, workers’ compensation, auto, etc.), including underwriting submissions, pricing negotiations, and program structure optimization.
    • Serve as the primary relationship manager for brokers, underwriters, and claims adjusters; drive accountability for service, responsiveness, and technical support.
    • Conduct in-depth insurance coverage reviews to ensure alignment with Frontier’s risk tolerance, industry standards, and regulatory requirements.
    • Oversee the complete damage and liability claims lifecycle, including intake, investigation coordination, documentation, carrier engagement, and recovery of claim proceeds.
    • Partner with Operations, HR, Safety, and Legal to strengthen incident reporting quality, improve loss control practices, and reduce claim severity and frequency.
  • Financial Instruments & Guarantees
    • Manage all letters of credit, surety bonds, and other financial assurance instruments required by airport authorities, regulators, vendors, and contractual partners.
    • Lead all related renewals, amendments, collateral reviews, and reductions, working closely with banking partners and internal teams.
    • Maintain annual forecasts and reporting on LOC/bond utilization, recommending strategies to optimize liquidity and minimize cost.
  • General Team Management
    • Provide subject-matter expertise on insurance, risk transfer, claims, indemnification, and contract language to internal stakeholders.
    • Review vendor contracts to ensure insurance requirements and liability provisions appropriately protect Frontier.
    • Support crisis response and incident escalation for major operational events requiring rapid claims or insurance involvement.
    • Prepare materials for senior leadership, Board presentations, audits, and regulatory requests related to risk and insurance.
    • Lead continuous improvement initiatives to enhance data quality, reporting accuracy, process efficiency, and risk transparency.
    • Lead the evolution of internal reporting tools to improve financial transparency, insight delivery, and data accessibility.
    • Partner with Business Intelligence and Data Engineering teams to enhance data infrastructure, source quality, and analytical capabilities.

Qualifications

  • Bachelor’s degree or advanced degree in finance or business
  • 3-5 plus years of experience in insurance or risk management related role
  • Prior supervisory experience preferred
  • Previous airline experience preferred

Knowledge, Skills And Abilities

  • Advanced proficiency in Microsoft Word, PowerPoint and Excel
  • Excellent verbal, written and analytical skills
  • Ability to work independently and meet deadlines
  • Ability to communicate in a positive and effective manner with subordinates, peers and all levels of management
  • Ability to work with confidential material
  • Experience with and understanding of advanced analytical techniques specifically utilizing scientific computation software such as python (data science) and reporting tools such as PowerBI
  • Knowledge of assessing and recommending creative and time-sensitive solutions
  • Strong influence and negotiating skills

Equipment Operated

Standard office equipment, including PC, copier, fax machine, printer

Physical Effort

Generally, not required.

Supervision Received

General Direction: The incumbent normally receives little instruction on day-to-day work and receives general instructions on new assignments. Positions supervised: Treasury Analyst, I, II, Senior

Salary Range

$100,104 - $132,870

Closing Date

This posting has a closing date of 9/30/2026 midnight MT.

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