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Assistant Risk Manager information

See Maryland salary details

$24.9K

$71.3K

$151K

How much do assistant risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for assistant risk manager in Maryland is $71,250.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,365.00 and $89,707.00 per year, depending on experience, location, and employer.

What does an assistant risk manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.

What are the key skills and qualifications needed to thrive as an assistant risk manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

How does an assistant risk manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

How much do assistant risk managers earn?

Assistant risk managers typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is an Assistant Risk Manager a stressful job?

An Assistant Risk Manager role involves identifying and analyzing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The job often requires attention to detail, problem-solving skills, and working under deadlines, which can contribute to workplace stress. However, stress levels vary depending on the organization, workload, and individual resilience.

What are the most commonly searched types of Risk Manager jobs in Maryland?

The most popular types of Risk Manager jobs in Maryland are:

What are popular job titles related to Assistant Risk Manager jobs in Maryland?

For Assistant Risk Manager jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Assistant Risk Manager jobs in Maryland look for?

The top searched job categories for Assistant Risk Manager jobs in Maryland are:

What cities in Maryland are hiring for Assistant Risk Manager jobs?

Cities in Maryland with the most Assistant Risk Manager job openings:

Assistant Risk Manager jobs near you
Infographic showing various Assistant Risk Manager job openings in Maryland as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $71,250 per year, or $34.3 per hour.

Associate Risk Manager

Kennedy Krieger Institute

Baltimore, MD • On-site

$83K/yr

Full-time

Re-posted 20 days ago

Kennedy Krieger Institute rating

7.9

Company rating: 7.9 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

Job description

Overview
The Associate Risk Manager is responsible for identifying, evaluating, and mitigating risks that could impact patient safety, staff well-being, regulatory compliance, and organizational operations. The position interfaces with the regulatory, safety and quality staff in identifying safety and quality opportunities and promoting a safety and quality culture. They will demonstrate sound judgment and utilize clinical practice and risk management knowledge to support a culture of safety and minimize legal and financial exposure.
Responsibilities
1. Identify potential risks related to patient care, clinical processes, operations, and environment.
2. Review and investigate adverse events, sentinel events, and near-miss occurrence, ensuring appropriate action plans as needed.
3. Monitor trends in incidents, claims, and near misses.
4. Recommend corrective actions by performing root cause analyses (RCA) and proactive risk assessments.
5. Collaborate with interdisciplinary and departmental teams to enhance patient safety initiatives and implement risk reduction strategies
6. Participate in departmental, medical staff, and institutional committees.
7. Collaborate with the Legal Risk Coordinator and Legal Counsel to assist staff with various risk matters including complex patient issues, guardianship and custody issues, legal document review and testimony for legal matters.
8. Develop and deliver staff education on risk management and safety
Qualifications
QUALIFICATIONS:
• Certification in Healthcare Risk Management (CPHRM) or Nurse Legal Certification from an accredited/recognized institution highly preferred.
• Certified Professional in-Patient Safety (CPPS) highly preferred.
EDUCATION:
• Bachelor's degree in Nursing, Healthcare Administration, Public Health, or related field required.
• Master's Degree preferred
EXPERIENCE:
Five years of experience in healthcare risk management or patient safety is required.
Minimum pay range
USD $83,483.92/Yr.
Maximum pay range
USD $149,453.82/Yr.

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