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Parsons Corporation

Associate Risk Manager

Associate Risk Manager Parsons is seeking an Associate Risk Manager to become a key member of its talented Insurance/Risk Management team! The position will primarily support Parsons' business units ...

Parsons

OR · Hybrid

Associate Risk Manager Parsons is seeking an Associate Risk Manager to become a key member of its talented Insurance/Risk Management team! The position will primarily support Parsons' business units ...

Diocese of Austin

Associate Risk Manager

Austin, TX · On-site

The Associate Risk Manager reports to and supports the Director of Risk Management to administer the Diocese of Austin's insurance and risk management programs. The diocesan insurance program ...

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How much do associate risk manager jobs pay per hour?

As of May 28, 2026, the average hourly pay for associate risk manager in the United States is $25.41, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $29.81 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Associate Risk Manager, and why are they important?

To thrive as an Associate Risk Manager, you need strong analytical abilities, knowledge of risk assessment methodologies, and a bachelor's degree in finance, business, or a related field. Familiarity with risk management software, Microsoft Excel, and relevant certifications such as CRM or FRM are commonly expected. Excellent communication, problem-solving skills, and attention to detail help you collaborate effectively and identify potential risks. These competencies are crucial for identifying, evaluating, and mitigating organizational risks to support informed decision-making and safeguard company assets.

What are some common challenges an Associate Risk Manager faces when collaborating across departments?

Associate Risk Managers often work closely with various departments such as finance, operations, and compliance to identify and mitigate risks. A common challenge is ensuring clear communication and alignment, as different teams may have varying priorities and levels of risk awareness. Successfully navigating these dynamics requires strong interpersonal skills and the ability to translate complex risk concepts into actionable recommendations for non-specialists. Building trust and maintaining open lines of communication are key to fostering effective cross-departmental collaboration.

What does an Associate Risk Manager do?

An Associate Risk Manager is responsible for helping organizations identify, assess, and minimize risks that could impact their operations, finances, or reputation. They work closely with senior risk managers to develop risk management strategies, conduct risk assessments, and implement control measures. Their duties may also include analyzing data, preparing reports, and ensuring compliance with regulatory requirements. This role is often entry-level or early-career, providing foundational experience in risk management practices. Associate Risk Managers play a key role in supporting the overall risk management framework within an organization.

What is the difference between Associate Risk Manager vs Risk Analyst?

AspectAssociate Risk ManagerRisk Analyst
CredentialsBachelor's degree, certifications like CRM or FRM often preferredBachelor's degree, certifications like CRM or FRM beneficial
Work EnvironmentCollaborates with risk management teams, involved in strategy developmentAnalyzes data, assesses risks, supports risk management decisions
Employer & Industry UsageInsurance, banking, corporate risk departmentsFinancial services, insurance, consulting firms

The Associate Risk Manager and Risk Analyst roles share similar credentials and industry usage, but the Associate Risk Manager typically has more involvement in strategic planning and risk mitigation efforts, whereas the Risk Analyst focuses more on data analysis and risk assessment support.

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Associate Risk Manager jobs near you
Infographic showing various Associate Risk Manager job openings in the United States as of May 2026, with employment types broken down into 2% As Needed, 88% Full Time, 8% Part Time, and 2% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $52,863 per year, or $25.4 per hour.
Associate Risk Manager

Associate Risk Manager

Parsons Corporation

Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

Parsons rating

7.9

Company rating: 7.9 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

154th of 349 rated engineering

Job description

In a world of possibilities, pursue one with endless opportunities. Imagine Next!
At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what's possible.
Job Description:
Associate Risk Manager
Parsons is seeking an Associate Risk Manager to become a key member of its talented Insurance/Risk Management team! The position will primarily support Parsons' business units and projects by managing and analyzing insurance and surety needs across a diverse portfolio of infrastructure, engineering, and technology projects & services, as well as provide input and support for Parsons' global insurance programs.
The ideal location for this role is Charlotte, NC, Denver, CO or Pasadena, CA. And the candidate will enjoy a hybrid or flexible work arrangement.
What You'll Be Doing
  • Project Insurance & Surety Support
    • Support business units and project teams in identifying and addressing insurance and surety needs for new and ongoing projects.
    • Evaluate project risks and recommend appropriate insurance structures and limits consistent with Parsons' risk appetite and contractual obligations.
    • Prepare risk and insurance summaries for internal stakeholders to support bid decisions, contract negotiations, and project approvals.
    • Review and approve contract insurance requirements for prime contracts, subcontracts, and joint venture agreements to ensure alignment with Parsons' risk and insurance standards. Coordinate with the Legal department, business units, and external parties to negotiate acceptable insurance requirements.
    • Coordinate placement of project-specific insurance programs (e.g., professional liability, builder's risk, general liability, marine, etc.) as needed. Coordinate with insurance brokers and carriers. Manage policy documentation, endorsements and renewals and/or extensions while coordinating with project teams to ensure continuity of coverage.
    • Place surety bonds if required for various projects. Obtain regular project updates and report to the sureties.
    • Assist as needed with providing insurance documentation, such as certificates of insurance to customers, subcontractors, and partners.
    • Maintain a database for insurance policies, surety bonds, certificates of insurance, and related documentation.
    • Support the insurance claims process by coordinating with Legal, assisting with claims reports, etc.
  • Corporate Insurance Program Support
    • Collaborate with the Risk Management team on the annual renewal of Parsons' corporate insurance programs (e.g., general liability, professional liability, international, property, auto, workers' compensation, management liability).
    • Assist with data collection, exposure analysis, and completion of insurance applications and underwriting submissions.
  • Stakeholder Collaboration & Education
    • Provide training and guidance to internal stakeholders on insurance requirements, coverage concepts, and risk allocation principles.
    • Assist in developing and maintaining insurance guidelines, procedures, and best practices for the organization.
    • Foster strong relationships with brokers, insurers, and surety providers to support Parsons' strategic objectives.

What Skills You'll Bring
  • Bachelor's degree in Risk Management, Business, Finance, Insurance, or a related field; an equivalent combination of education and experience may be considered.
  • 8 years of experience in insurance/risk management, which may include a risk management department, insurance broker, and/or insurance carriers.
  • Experience in engineering, construction, and US Government contracts is preferred.
  • Experience working with insurance brokers, insurers, or surety providers.
  • Professional designations such as ARM, CPCU, CRM, or equivalent insurance/risk management certifications are a plus.

Knowledge, Skills & Abilities
  • Solid understanding of commercial insurance lines, including:
    • General liability, Auto, Workers' Compensation, Property and Cyber Liability
    • Professional Liability/Errors & Omissions, preferably in the architects & engineers or technology sectors
    • International insurance knowledge is a plus
    • Project-specific coverages (e.g., Builder's Risk, Wrap-Up/OCIP/CCIPs) is a plus
    • Surety Bonds (bid, performance, payment)
    • Claim handling processes
  • Familiarity with contract risk allocation and insurance clauses in prime contracts and subcontracts.
  • Proficiency with MS Office (Excel, Word, PowerPoint).
  • Experience with risk management information systems "RMIS" such as Origami or Riskonnect is a plus.
  • Excellent written and verbal communication skills, strong organizational skills, attention to detail, and ability to manage multiple assignments and deadlines in a fast-paced environment.
  • Collaborative mindset with the ability to work cross-functionally and build relationships across all levels of the organization.
  • High-level understanding of actuarial concepts (i.e. loss projections, loss development, reserve setting and forecasting/allocations) is a plus.

Additional Information
  • Occasional travel may be required to support project teams, broker meetings, or internal reviews.

Security Clearance Requirement:
None
This position is part of our Corporate team.
For over 80 years, Parsons Corporation, has shaped the future of the defense, intelligence, and critical infrastructure markets. Our employees work in a close-knit team environment to find new, innovative ways to deliver smart solutions that are used and valued by customers around the world. By combining unique technologies with deep domain expertise across cybersecurity, missile defense, space, connected infrastructure, transportation, smart cities, and more, we're providing tomorrow's solutions today.
Salary Range: $112,200.00 - $196,400.00
We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!
This position will be posted for a minimum of 3 days and will continue to be posted for an average of 30 days until a qualified applicant is selected or the position has been cancelled.
Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status.
We truly invest and care about our employee's wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest-APPLY TODAY!
Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.

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