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Director Insurance & Risk Management Jobs in Richmond, VA

Director, Risk Management Come be a part of an organization that's dedicated to helping Capital One identify, manage and effectively mitigate business continuity and operational resilience risk. As a ...

Risk Management Associate

Richmond, VA · On-site

$45K - $50K/yr

Reviews incident reports for near miss and works with Director of Risk Management for follow up ... Support Risk Management department with issuance and maintenance of certificates of insurance.

Maintain and update risk management documentation (e.g., certificates of insurance, local policies) to ensure accuracy and consistency across entities. * Partner with Finance to ensure premium ...

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Director Insurance Risk Management information

See Richmond, VA salary details

$53.4K

$141.7K

$257.3K

How much do director insurance & risk management jobs pay per year?

As of Aug 17, 2026, the average yearly pay for director insurance & risk management in Richmond, VA is $141,700.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,400.00 and $165,800.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the director insurance & risk management position?

To thrive as a Director Insurance & Risk Management, you need expertise in risk assessment, insurance portfolio management, and financial analysis, typically supported by a degree in finance, business, or related fields. Familiarity with risk management information systems (RMIS), claims management software, and professional certifications such as CPCU or ARM is highly advantageous. Strong leadership, negotiation skills, and the ability to communicate complex concepts to non-experts help you stand out in this position. These skills are vital to effectively identify, mitigate, and manage organizational risks while safeguarding company assets and ensuring regulatory compliance.

What is a director insurance & risk management?

A Director of Insurance & Risk Management is responsible for overseeing an organization's insurance programs and risk management strategies. They assess potential risks, develop policies to mitigate them, and ensure compliance with regulations. Their role includes negotiating insurance coverage, managing claims, and advising executives on financial and operational risks. This position requires strong analytical skills, industry knowledge, and the ability to implement risk-reduction strategies effectively.

What are the typical challenges faced by a director insurance & risk management, and how can you address them?

Directors of Insurance & Risk Management often face challenges such as balancing cost control with adequate insurance coverage, staying updated on evolving regulations, and managing claims efficiently. Addressing these challenges requires proactive risk assessment, close collaboration with internal stakeholders, and building strong relationships with brokers and insurance carriers. Successful professionals in this role remain adaptable to shifting business landscapes and continuously seek out innovative risk mitigation strategies. Utilizing data-driven insights and effective communication within cross-functional teams can also help overcome common hurdles in the role.

What are popular job titles related to Director Insurance & Risk Management jobs in Richmond, VA?

For Director Insurance & Risk Management jobs in Richmond, VA, the most frequently searched job titles are:

What job categories do people searching Director Insurance & Risk Management jobs in Richmond, VA look for?

The top searched job categories for Director Insurance & Risk Management jobs in Richmond, VA are:

What cities near Richmond, VA are hiring for Director Insurance & Risk Management jobs?

Cities near Richmond, VA with the most Director Insurance & Risk Management job openings:

Infographic showing various Director Insurance & Risk Management job openings in Richmond, VA as of August 2026, with employment types broken down into 88% Full Time, 8% Part Time, 2% Temporary, and 2% Contract. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $141,700 per year, or $68.1 per hour.

Director, Risk Management

Capital One

Richmond, VA

Full-time

Re-posted 6 hours ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

91st of 171 rated banks


Job description

Director, Risk Management

Come be a part of an organization that's dedicated to helping Capital One identify, manage and effectively mitigate business continuity and operational resilience risk. As a member of the Business Continuity and Resilience Risk Management (BCRM) team within Operational Risk Management (ORM) in the Second Line of Defense, that's exactly what you'll do. Working with talented associates in ORM and other key stakeholders across the company, you will apply your organizational and communication skills towards ensuring we have a high performing team who is delivering on our priorities effectively and efficiently.

We empower associates to deliver their best by cultivating a culture of inclusion and belonging, where varying perspectives and opinions are valued. We embrace each other's differences and encourage all team members to lean into their talents and skills to deliver superior experiences.

As a Director within BCRM you will be responsible for the oversight and challenge of our First Line of Defense risk taking across the majority of the Businesses within Capital One, including Credit Card, Bank and Auto. Additionally, this role will be responsible for implementation and ongoing oversight of Capital One's Operational Resilience framework across the Enterprise. Directors at Capital One are highly motivated Risk Management professionals with excellent analytical, organizational, and communication skills. These skills allow the Risk Manager to gain insights and act as a change agent to influence business partners. As Capital One evolves to meet the ever changing landscape, so do our Directors. They are forward thinking, quick to adapt, and technologically adept.

Responsibilities:

  • Oversee and challenge the risk-taking by the First Line of Defense across Card, Retail, Commercial, Auto and Enterprise Services Lines of Business

  • Implement and govern the Operational Resilience Framework across Capital One, including driving compliance with any international regulatory requirements

  • Respond to and report on crises and incidents, ensuring First Line of Defense response is appropriate and Second Line of Defense Risk Management Leadership remains informed

  • Understand emerging resiliency risks across the industry and within Capital One, ensuring First Line of Defense is appropriately prepared to respond

  • Act as a key thought partner on evolving business continuity and resilience methodology changes

  • Collaborate effectively with stakeholders and leaders across multiple organizations to achieve objectives.

  • Coordinate program-related activities and deliverables to ensure effective collaboration within the team and across stakeholder groups.

  • Articulate complex technical concepts in a clear, concise, and actionable manner through both written products and verbal communications

  • Oversee data-driven, risk-based analysis, starting with problem identification or hypothesis development

Basic Qualifications:

  • Bachelor's Degree or military experience

  • At least 8 years of experience in risk management, business continuity, disaster recovery, operational resilience, or audit

  • At least 5 years of financialservices industry experience or regulatory environment experience

  • At least 3 years of experience in people management

  • At least 3 years of experience consulting with and presenting to senior executive leadership

Preferred Qualifications:

  • Master's Degree in Business Administration (MBA), Finance, Risk Management, or a related analytical field.

  • Proven experience in a 2nd Line of Defense risk management role, with a strong track record of effectively challenging 1st Line of Defense business decisions across diverse lines of business (e.g., Card, Retail, Commercial, Auto).

  • Deep familiarity with US and international operational resilience and risk management regulatory standards (such as Federal Reserve SR 20-24, OCC guidelines, DORA, or Basel Committee principles).

  • Certified Business Continuity Professional (CBCP/MBCP)Certified in Risk and Information Systems Control (CRISC)Certified Information Security Manager (CISM)Other operational risk or resilience designations.

  • Experience leading data-driven risk analyses, building risk-based hypotheses, and translating complex technical data into clear, narrative-driven executive reports.

  • Experience overseeing corporate crisis management or incident response frameworks during high-impact, real-time events.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $206,000 - $235,100 for Director, Risk Management


Richmond, VA: $187,300 - $213,700 for Director, Risk Management










Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).


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