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Director Of Risk information

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$10.9K

$140.8K

How much do director of risk jobs pay per year?

As of Sep 13, 2026, the average yearly pay for director of risk in Virginia is $139,802.00, according to ZipRecruiter salary data. Most workers in this role earn between $139,800.00 and $139,800.00 per year, depending on experience, location, and employer.

What does a director of risk do?

A Director of Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or objectives. They develop risk management strategies, oversee compliance with regulations, and ensure that proper controls are in place to minimize financial, legal, and reputational risks. Typically, this role involves working closely with senior leadership to align risk management with overall business goals and to foster a culture of risk awareness throughout the organization.

How does a director of risk typically collaborate with other departments to manage organizational risk?

A Director of Risk works closely with various departments—such as compliance, finance, operations, and IT—to identify, assess, and mitigate potential risks. They often lead cross-functional meetings and risk assessment workshops to ensure all perspectives are considered and that risk controls are integrated into daily operations. Collaboration is key, as effective risk management requires input and buy-in from across the organization. Directors of Risk also frequently present findings and recommendations to executive leadership, ensuring alignment on risk appetite and mitigation strategies.

What are the key skills and qualifications needed to thrive as a director of risk, and why are they important?

To thrive as a Director of Risk, you need deep expertise in risk management, regulatory compliance, and business strategy, often supported by a bachelor’s or master’s degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks (such as COSO or ISO 31000), and relevant certifications like FRM or CRM is typically required. Exceptional leadership, analytical thinking, and communication skills help you influence stakeholders and navigate complex risk scenarios. These skills ensure the effective identification, mitigation, and communication of organizational risks, protecting the company’s assets and reputation.

What is the difference between Director Of Risk vs Risk Manager?

AspectDirector Of RiskRisk Manager
ResponsibilitiesOversees enterprise-wide risk strategies, sets policies, and manages risk teamsIdentifies, assesses, and mitigates specific risks within departments or projects
Required CredentialsOften requires advanced degrees (e.g., MBA), certifications like CRM or FRM, and extensive experienceTypically requires a bachelor's degree, certifications like RIMS-CRMP, and relevant experience
Work EnvironmentStrategic, leadership-focused, often in corporate officesOperational, detail-oriented, working closely with teams on risk assessments

The main difference between a Director Of Risk and a Risk Manager lies in scope and seniority. The Director Of Risk handles enterprise-wide risk strategies and leadership, while the Risk Manager focuses on specific risk areas and implementation. Both roles require relevant certifications and experience, but the Director position involves higher-level decision-making and strategic planning.

What are the most commonly searched types of Of Risk jobs in Virginia?

The most popular types of Of Risk jobs in Virginia are:

What are popular job titles related to Director Of Risk jobs in Virginia?

For Director Of Risk jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Director Of Risk jobs in Virginia look for?

The top searched job categories for Director Of Risk jobs in Virginia are:

What cities in Virginia are hiring for Director Of Risk jobs?

Cities in Virginia with the most Director Of Risk job openings:

Director Of Risk jobs near you
Infographic showing various Director Of Risk job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $139,802 per year, or $67.2 per hour.

Director of Risk Management

Reston, VA • On-site

Stanley Martin Homes
501 - 1,000 employees
Learn more about Stanley Martin Homesexternal

Full-time

Medical, Life, Retirement, PTO

Posted 27 days ago

Key responsibilities

  • Build, formalize, and improve the company's risk management function, including processes, reporting routines, tools, workflows, policies, templates, checklists, and service standards.

  • Manage the company's property and casualty insurance programs, including renewal processes, policy review, and relationships with brokers, carriers, and advisors.

  • Oversee insurance claims, track risk management data, and support the development of loss prevention and risk mitigation programs.

Job description

Who is Stanley Martin Homes?
At Stanley Martin Homes, we believe your work should have a purpose. With us, it truly does.
Our success starts with our people, and we are proud to foster a culture where every team member is valued and supported. At Stanley Martin Homes, you will work alongside passionate, knowledgeable professionals who are committed to doing the right thing, delivering exceptional homebuyer experiences, and putting homebuyers first.
Stanley Martin Homes is one of the largest 25 homebuilders in the United States and it has been consistently one of the fastest growing. We are proud of the people-first culture that makes it possible.
If you are ready to build a meaningful career and help families find the place they will call home, we would love to connect with you. Join our team and build a career that you will be proud of.
Explore Opportunities Today
Stanley Martin Holdings is creating a dedicated risk management function to support a rapidly growing and expanding enterprise. The Director of Risk Management will help build and lead this new function, with responsibility for insurance, claims, operational risk, and related governance matters across Stanley Martin's homebuilding operations, mortgage company, title operations, land development business, and other current and future business activities.
This role supports the Chief Legal Officer in identifying, evaluating, and managing risks affecting Stanley Martin Holdings and its affiliated businesses. The Director of Risk Management will work directly with Legal, Finance, Accounting, Human Resources, Construction, Land, Purchasing, Safety, and other operations and business teams across several different business lines to help protect the Company's assets, reduce losses, improve processes, and support operational execution across the organization. The role will also supervise an existing risk management employee and will be expected to develop the people, processes, systems, and reporting needed for a maturing risk management function.
Exceptional candidates with significant industry and leadership experience may be considered at the Vice President level.
Responsibilities and Duties
The Director of Risk Management will work on a variety of insurance, claims, operational risk, and risk management matters affecting the Company, including the following:
  • Build, formalize, and continuously improve the Company's risk management function, including scalable processes, reporting routines, tools, workflows, policies, templates, checklists, and service standards that can support the Company's continued growth and expansion into new or expanded business lines.
  • Manage the Company's property and casualty insurance programs, including general liability, workers' compensation, automobile liability, umbrella/excess liability, builder's risk, cyber liability, directors' and officers' liability, fiduciary liability, professional liability, and other specialty coverages.
  • Lead the annual insurance renewal process, including gathering underwriting information, reviewing and submitting applications, working with brokers and carriers, supporting renewal presentations, and reviewing policies, endorsements, certificates of insurance, coverage summaries, and related materials for accuracy and completeness.
  • Manage day-to-day relationships with brokers, carriers, third-party administrators, consultants, outside counsel, and other insurance and risk management advisors.
  • Work with the Company's captive insurance company and related advisors to evaluate and implement appropriate uses of the captive as part of the Company's overall insurance, claims, risk financing, and risk management strategy.
  • Manage insurance claims, including workers' compensation, general liability, automobile liability, property damage, construction defect, employment practices, and other insured matters, and coordinate with carriers, brokers, adjusters, and internal stakeholders regarding claim reporting, coverage, and resolution.
  • Track claim trends, loss history, reserves, settlements, premiums, deductibles, self-insured retentions, claim payments, and other key risk management costs and data, and prepare practical reports and summaries for internal leadership.
  • Support the development and implementation of loss prevention, safety, incident reporting, and risk mitigation programs, and provide practical day-to-day guidance to business teams regarding insurance, claims, contractual risk allocation, and risk mitigation issues.
  • Collaborate with Legal, Purchasing, Construction, Land, Operations, and other teams on contractual risk transfer and third-party risk management matters, including indemnity, insurance requirements, certificates of insurance, and trade partner, vendor, consultant, and service-provider compliance.
  • Support risk management needs across Stanley Martin Holdings and its affiliates, including homebuilding, mortgage, title, land development, acquisitions, joint ventures, new markets, new business initiatives, and other strategic projects.
  • Support risk management reporting, governance, and coordination processes associated with the Company's ownership by a Japanese parent company, including driving the agenda for the Risk Management Committee and preparing reports for internal leadership and parent-company stakeholders.
  • Supervise, develop, and provide guidance to the existing risk management employee, while helping define future staffing, roles, responsibilities, and capabilities needed for the department.
  • Design, implement, and update comprehensive company-wide compliance frameworks and operational policies.
  • Oversee and conduct risk-based compliance testing, internal audits, and root-cause analyses to identify and resolve operational discrepancies.
  • Develop and deliver training programs to educate employees on regulatory requirements.
  • Handle special projects assigned by the Chief Legal Officer.
  • Represent the company professionally in all internal and external interactions and communications.
  • Adhere to safety standards and help promote a safe working environment.
  • Adhere to and promote the Mission, Vision, and Values of Stanley Martin.

Position Standards
  • Team player who displays a practical, collaborative, and solutions-oriented approach in working with colleagues effectively across the organization
  • Reflects a fun, positive personality
  • Attentive to detail and to the quality of work product
  • Works and communicates clearly, thoughtfully, and professionally with senior leaders, business teams, external advisors, and operational personnel
  • Able to explain insurance, claims, and risk management matters in practical business terms
  • Comfortable working on a broad and evolving range of insurance, claims, and operational risk matters across different business lines and comfortable building a new function in a growing company
  • Process and improvement-oriented, with an interest in designing or identifying new processes to improve consistency and efficiency of risk management services
  • Analytical and comfortable working with claims data, insurance information, spreadsheets, reports, and tracking tools
  • Technologically savvy and willing to use available systems and tools to improve risk management processes
  • Energetic, self-starter, well-organized, reliable, and hard-working
  • Demonstrates strong business judgment and acumen
  • Able to work effectively in an organization that is owned by a Japanese parent company, including satisfying parent-company reporting, governance, and risk management expectations
  • Willing to adhere to and promote the Mission, Vision, and Values of Stanley Martin

Position Requirements
  • Bachelor's degree in risk management, business administration, finance, accounting, insurance, legal studies, construction management, or a related field
  • 7-10+ years of relevant experience in risk management, insurance, claims, construction, real estate development, homebuilding, legal operations, or a related field
  • Strong understanding of and experience with commercial insurance programs, claims administration, captive insurance structures, and risk management processes, including contractual risk transfer, certificate of insurance tracking, subcontractor/vendor insurance compliance, or construction-related insurance programs
  • ARM, CRM, CPCU, AIC, CSP, CCEP, or other relevant professional designation preferred
  • Experience in the real estate industry preferred
  • Office-based position, with a strong preference for an individual based in Northern Virginia who can work in the Reston, Virginia, corporate office
  • Some travel expected for conferences and meetings and to visit job sites and remote offices

What's In It For Me:
  • Access to competitively priced, high-quality health care options through Aetna, MetLife and EyeMed, along with employer-paid Short Term and Long Term disability, basic life and AD&D insurance (including employee-paid life, Legal Resources, and Aflac supplemental options)
  • Plan for the future by investing in a 401(K), with up to $5K employer match, invest even more with our Health Savings Account (HSA)
  • Put your family first with benefits, including 3 weeks of paid parental leave and a Flexible Spending Account (FSA) for dependent care
  • 12 weeks of paid maternity leave through our Short-Term Disability Plan
  • Receive well-rounded wellness benefits, including free and low-cost mental health resources and support services through our Employee Assistance Program
  • Continue your education with tuition and certification reimbursement
  • Rest and relax with 15 days of vacation (increases with tenure) and 6 days of paid sick leave
  • Protect yourself from identity theft or travel mishaps with our no-cost coverage
  • Receive great discounts on buying a Stanley Martin home and discounts with our partners in mortgage and title services as well as cell phone service through Verizon
  • Get access to your paycheck early with an advanced pay option through Dayforce Wallet
  • Support local charities that are important to you through our Giving Back Program; with up to $250 match, 8 hours leave and more

Stanley Martin Homes has been building new homes since 1966. Headquartered in Reston, VA, Stanley Martin Homes is one of the nation's fastest-growing homebuilders, having built more than 25,000 homes and operating in 14 metropolitan areas and seven states, including Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and West Virginia. Named National Builder of the Year in 2021 by Builder Magazine, Stanley Martin Homes is driven to deliver on its mission to "design and build homes people love at a price they can afford."
At Stanley Martin Homes, you're not just joining a company-you're joining a team. Whether your passion is in sales, construction, or operations, you'll contribute to delivering an exceptional home buying experience that helps people realize their dreams.
To hear from our team members about why they love working at Stanley Martin Homes, click here.
This position pays between $189,100.00 and $218,700.00 annually plus bonus.

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