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Certified Project Risk Manager Jobs in Maryland (NOW HIRING)

The Risk Manager is responsible for leading the project's risk management program and ensuring that ... Review insurance certificates, endorsements, and coverage requirements. * Monitor insurance program ...

Risk Manager

Riverdale, MD · On-site

$115K - $125K/yr

Overview The Risk Manager is responsible for leading the project's risk management program and ... Review insurance certificates, endorsements, and coverage requirements. * Monitor insurance program ...

Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems Control (CRISC) * Familiarity with Information Technology ...

Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems Control (CRISC) * Familiarity with Information Technology ...

Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems Control (CRISC) * Familiarity with Information Technology ...

Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems Control (CRISC) * Familiarity with Information Technology ...

Manage project teams in providing recommendations to improve or transform processes to gain ... Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP). * Expertise ...

Ad-hoc Analysis & Projects: * Perform quantitative analyses in response to requests from investment management, portfolio managers, and risk team members. * Collaborate with Investment Risk team ...

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Certified Project Risk Manager information

What are the key skills and qualifications needed to thrive as a Certified Project Risk Manager, and why are they important?

To thrive as a Certified Project Risk Manager, you need expertise in risk identification, assessment, mitigation strategies, and a professional certification such as PMI-RMP or equivalent. Familiarity with risk management software, project management tools like MS Project, and data analysis systems is typically required. Strong analytical thinking, attention to detail, and effective communication skills distinguish top performers in this role. These competencies are crucial to proactively manage uncertainties, ensure project success, and maintain stakeholder confidence.

What is a Certified Project Risk Manager?

A Certified Project Risk Manager is a professional who specializes in identifying, assessing, and mitigating risks within project environments. They use standardized methodologies and best practices to ensure that potential project threats are managed proactively, reducing the likelihood of negative impacts on project goals. Certification typically demonstrates expertise in risk management frameworks and the ability to lead risk management processes across various industries. These professionals are essential for projects that require careful planning and risk mitigation to achieve successful outcomes.

What does a certified risk manager do?

A Certified Project Risk Manager assesses, identifies, and analyzes potential risks that could impact project objectives. They develop risk mitigation strategies, monitor risk factors throughout the project lifecycle, and ensure risks are managed effectively to minimize negative impacts. Certification and strong analytical skills are often required for this role.

What jobs can you get with risk management certification?

A Certified Project Risk Manager can pursue roles such as risk analyst, risk manager, project manager, or risk consultant. These positions involve identifying, assessing, and mitigating risks in projects or organizational processes, often requiring knowledge of risk assessment tools and industry standards.

What is the difference between Certified Project Risk Manager vs Project Risk Analyst?

AspectCertified Project Risk ManagerProject Risk Analyst
CertificationsPMI-RMP, PMI-PMP, or similarRisk Management certifications or related
Work EnvironmentProject management teams, risk management departmentsProject teams, risk assessment units
ResponsibilitiesOversees risk strategies, manages risk processes, ensures risk mitigationIdentifies, analyzes, and reports project risks

The Certified Project Risk Manager typically holds a broader role, leading risk management efforts across projects, while the Project Risk Analyst focuses on identifying and analyzing risks within specific projects. Both roles require risk management knowledge, but the manager often has more strategic responsibilities and certifications.

What is the highest salary for a risk manager?

Certified Project Risk Managers with extensive experience and advanced certifications can earn salaries exceeding $150,000 annually, especially in senior or specialized roles within large organizations. Salary levels depend on industry, location, and the complexity of projects managed.

Is the certified risk manager certification worth it?

The Certified Project Risk Manager (CPRM) certification validates expertise in identifying and managing project risks, which can enhance job prospects and earning potential in project management roles. It demonstrates a commitment to risk management best practices and can be valuable for professionals working in industries with complex projects or regulatory requirements.

What are some common challenges faced by Certified Project Risk Managers when implementing risk management frameworks across diverse projects?

Certified Project Risk Managers often encounter challenges such as gaining stakeholder buy-in for risk management processes, adapting frameworks to suit various project sizes and industries, and ensuring continuous monitoring and communication of risks throughout a project's lifecycle. Balancing proactive risk mitigation with practical project constraints can be demanding, especially in fast-paced environments or when managing multiple projects simultaneously. Success in this role often depends on strong collaboration with project teams, effective communication, and the ability to tailor risk strategies to each project's unique needs.
What are popular job titles related to Certified Project Risk Manager jobs in Maryland? For Certified Project Risk Manager jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Certified Project Risk Manager jobs in Maryland look for? The top searched job categories for Certified Project Risk Manager jobs in Maryland are:
What cities in Maryland are hiring for Certified Project Risk Manager jobs? Cities in Maryland with the most Certified Project Risk Manager job openings:
Risk Manager

$115K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago


Job description

The Risk Manager is responsible for leading the project's risk management program and ensuring that risks and opportunities are identified, evaluated, documented, communicated, and managed throughout the project lifecycle. This position works closely with project leadership, construction teams, engineering, safety, quality, procurement, legal, and commercial personnel to proactively manage risks that may affect project objectives.

The Risk Manager develops and maintains the project risk register, facilitates risk assessments, monitors mitigation plans, and provides reporting and analysis to support informed decision-making.

Collaborate with industry experts and committed teams to shape successful project outcomes and safeguard our interests.  

Apply now and transform your career with us. 


  • Insurance Program Administration

    • Manage and administer the Purple Line Project Owner Controlled Insurance Program (OCIP).
    • Coordinate contractor enrollment and compliance with OCIP requirements.
    • Review insurance certificates, endorsements, and coverage requirements.
    • Monitor insurance program performance and compliance with contractual obligations.
    • Serve as the primary contact for insurance carriers, brokers, and project stakeholders.

    Claims Management

    • Direct and oversee all project-related claims, including:
      • Workers' Compensation
      • General Liability
      • Automobile Liability
      • Property Damage
      • Professional Liability
      • Management Liability
    • Coordinate claim investigations, documentation, reporting, and resolution activities.
    • Review loss trends and identify opportunities for risk reduction.
    • Collaborate with legal counsel and insurance carriers regarding litigation and settlement strategies.
    • Monitor claim reserves and claim closure performance.

    Risk Assessment and Mitigation

    • Identify operational, contractual, insurance, and safety-related risks affecting the project.
    • Develop and implement risk mitigation strategies.
    • Analyze incident and claims data to identify emerging trends.
    • Support crisis management and incident response activities.
    • Recommend corrective actions to reduce project exposure.

    Contractor Compliance

    • Monitor contractor compliance with insurance and contractual requirements.
    • Conduct audits of contractor insurance documentation and payroll reporting.
    • Review enrollment submissions and verify eligibility for participation in the OCIP.
    • Resolve compliance deficiencies and coverage issues.

    Reporting and Stakeholder Communication

    • Prepare monthly and quarterly risk management reports.
    • Present claims, insurance, and risk management updates to executive leadership and project stakeholders.
    • Facilitate regular claims review and risk management meetings.
    • Provide guidance to project teams regarding insurance coverage and risk-related matters.

    Safety and Loss Prevention

    • Partner with project safety teams to identify and address risk exposures.
    • Participate in safety committee meetings and incident reviews.
    • Support return-to-work initiatives and injury management programs.
    • Utilize claims and incident data to support proactive safety improvements.

    Regulatory and Contractual Compliance

    • Ensure compliance with applicable insurance regulations and project contractual requirements.
    • Support audits and reporting requirements for project owners and governmental agencies.
    • Maintain complete and accurate records related to claims, insurance, and compliance activities.

Education

  • Bachelor's degree in Risk Management, Business Administration, Construction Management, Finance, Insurance, or related field preferred.

Experience

  • Minimum 10 years of experience in construction risk management, insurance administration, OCIP/CCIP management, or claims management.
  • Experience supporting large transportation, transit, infrastructure, or heavy civil construction projects.
  • Demonstrated experience managing complex insurance and claims programs.

Knowledge, Skills, and Abilities

  • Extensive knowledge of OCIP and CCIP programs.
  • Strong understanding of construction insurance coverages and claims processes.
  • Knowledge of workers' compensation, general liability, automobile liability, property, and professional liability claims.
  • Experience working with insurance carriers, brokers, attorneys, and project owners.
  • Strong analytical, organizational, and communication skills.
  • Ability to manage multiple stakeholders and complex issues simultaneously.

Preferred Certifications

  • Associate in Risk Management (ARM)
  • Certified Risk Manager (CRM)
  • Construction Risk and Insurance Specialist (CRIS)
  • CPCU (Chartered Property Casualty Underwriter)
  • Relevant insurance or risk management certifications

Some of the benefits you may be eligible for as an employee are:

  • Comprehensive compensation package and paid time off program
  • Industry leading 401(k)/RRSP
  • Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
  • Wellness benefits & Employee Assistance Program
  • Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.


USD $115,000.00/Yr.
USD $125,000.00/Yr.