Establishing a comprehensive management framework to manage the risk from natural hazards is challenging because of the extensive affected areas, uncertainty in predictions of natural disasters, and the involvement of various stakeholders. Applying risk management practices proven in the industrial sector can assist systematic hazard identification and quantitative risk assessment for natural hazards, thereby promoting interactive risk communication to the public. The objective of this study is to introduce methods of studying risk commonly used in the process industry, and to suggest how such methods can be applied to manage natural disasters. In particular, the application of Hazard and Operability (HAZOP), Safety Integrated Level (SIL), and Quantitative Risk Analysis (QRA) was investigated, as these methods are used to conduct key studies in industry. We present case studies of the application of HAZOP to identify climate-related natural hazards, and of SIL and QRA studies that were performed to provide quantitative risk indices for landslide risk management. The analyses presented in this study can provide a useful framework for improving the risk management of natural hazards through establishing a more systematic context and facilitating risk communication.