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Commercial Risk Manager Jobs in Maryland (NOW HIRING)

Commercial Director

Baltimore, MD · On-site

$200K - $270K/yr

Manage commercial risk registers, mitigation strategies, and commercial governance processes. * Lead commercial assessments for scope changes, claims, and dispute resolution. * Interpret contract ...

Manage commercial risk registers, mitigation strategies, and commercial governance processes. * Lead commercial assessments for scope changes, claims, and dispute resolution. * Interpret contract ...

Manage commercial risk registers, mitigation strategies, and commercial governance processes. * Lead commercial assessments for scope changes, claims, and dispute resolution. * Interpret contract ...

Manage commercial risk registers, mitigation strategies, and commercial governance processes. * Lead commercial assessments for scope changes, claims, and dispute resolution. * Interpret contract ...

Commercial Director

Baltimore, MD · On-site

$200K - $270K/yr

Manage commercial risk registers, mitigation strategies, and commercial governance processes. * Lead commercial assessments for scope changes, claims, and dispute resolution. * Interpret contract ...

Manage commercial risk registers, mitigation strategies, and commercial governance processes. * Lead commercial assessments for scope changes, claims, and dispute resolution. * Interpret contract ...

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Commercial Risk Manager information

What does a commercial risk manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

What are the key skills and qualifications needed to thrive as a commercial risk manager?

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How does a commercial risk manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often requires strong analytical skills and knowledge of risk assessment tools.

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

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

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

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

Infographic showing various Commercial Risk Manager job openings in Maryland as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution.

Sales Enablement Specialist - Commerical Risk Management

The Baldwin Group

Bethesda, MD • On-site

$66K - $70K/yr

Full-time

Re-posted 2 days ago


Job description

Job Description Summary
The Baldwin Group is an award-winning entrepreneur-led and inspired insurance brokerage firm delivering expertly crafted Commercial Insurance and Risk Management, Private Insurance and Risk Management, Employee Benefits and Benefit Administration, Asset and Income Protection, and Risk Mitigation strategies to clients wherever their passions and businesses take them throughout the U.S. and abroad. The Baldwin Group has award-winning industry expertise, colleagues, competencies, insurers, and most importantly, a highly differentiated culture that our clients consider an invaluable expansion of their business. The Baldwin Group (NASDAQ: BWIN), takes a holistic and tailored approach to insurance and risk management.
Position Summary: We are seeking a motivated and detail-oriented Sales Enablement Specialist to join our growing Commercial Risk Management Group (CRMG) and dynamic team. This entry-level role is designed for a high-potential individual who will play a key part in supporting our internal referral pipeline and driving new business growth within the commercial risk management and property & casualty insurance spaces.
As a foundational team member, you will collaborate closely with Advisors (producers), client managers, and regional leaders to ensure seamless intake and execution of commercial risk client opportunities. Over time, you'll build deep expertise in our core carrier partners and products, with a career path leading toward developing and managing external referral relationships in the property and casualty space as well as client advisory services in the commercial risk management industry.
Key Responsibilities:
  • Support Internal Referrals: Partner with producers and client service teams to intake and manage internal commercial insurance referrals, ensuring alignment with new business goals.
  • Pipeline Management: Track and prioritize new opportunities from internal sources to help drive regional revenue growth and client retention.
  • Carrier Enablement: Learn and build fluency in the offerings, underwriting appetite, and processes of our core personal insurance carrier partners.
  • Sales Enablement: Assist regional Commercial Risk Management leaders with tools, resources, and data to enhance producer engagement and close new business.
  • Relationship Development (Long-Term): As knowledge and experience grow, begin to support efforts to cultivate new external referral relationships with key targets across the market.
  • Collaboration: Work cross-functionally with Marketing, Business Development, and CRMG leadership to support strategic initiatives and regional growth plans.

Requirements for the role:
  • High school diploma required; Bachelor's degree preferred
  • 1-2 years of relevant sales and/or business development experience required; 1-2 years of customer service experience preferred
  • Excellent interpersonal, organizational, and communication skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Eagerness to learn, grow, and take on increasing responsibility
  • Rapid understanding and adoption of CRM systems (HubSpot, Salesforce, ZoomInfo, etc.).
  • License(s): Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain all required licenses within the first 90 days of employment required.

Preferred Qualifications:
  • Bachelor's degree/certifications or equivalent experience in Business, Finance, Insurance, or related field
  • Strong interest in commercial risk management and property & casualty areas
  • Prior internship or experience in insurance, financial services, or sales enablement a plus

The starting pay for this position is $66,500 - $70,000 annually. Salary is negotiable upon time of hire.
IMPORTANT NOTICE: This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.
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The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.