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Insurance Risk Manager Jobs in Maryland (NOW HIRING)

Comprehensive insurance options . Matching contributions through the 401(k) plan and the share ... Risk management What you can expect from us: Together, as owners, let's turn meaningful insights ...

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong focus on security-related consulting, including SOC (SSAE 18), ISO/IEC 27001, and ISO/IEC 42001 ...

SC&H's Risk Practice is seeking a Senior Manager to lead and grow our service line with a strong focus on security-related consulting, including SOC (SSAE 18), ISO/IEC 27001, and ISO/IEC 42001 ...

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Insurance Risk Manager information

See Maryland salary details

$80.1K

$117.9K

$180.5K

How much do insurance risk manager jobs pay per year?

As of Jul 1, 2026, the average yearly pay for insurance risk manager in Maryland is $117,926.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,000.00 and $133,900.00 per year, depending on experience, location, and employer.

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

To thrive as an Insurance Risk Manager, you need expertise in risk assessment, analytical thinking, and a strong understanding of insurance principles, often supported by a relevant degree and certifications like ARM or CPCU. Familiarity with risk modeling software, statistical analysis tools, and regulatory compliance systems is typically required. Strong communication, decision-making, and problem-solving skills help you effectively advise stakeholders and manage complex risk scenarios. These abilities are crucial for identifying, evaluating, and mitigating risks to protect organizational assets and ensure regulatory compliance.

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

AspectInsurance Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in risk management, finance, or related fields; professional certifications like ARM or CPCU are commonUsually holds a bachelor's degree in finance, economics, or related areas; certifications like CPCU or ARe are beneficial
Work EnvironmentWorks in corporate risk management departments, analyzing and mitigating risks for the companyWorks in insurance companies, assessing individual or business applications to determine coverage and premiums
Employer & Industry UsageUsed by insurance companies and large corporations to manage risk exposurePrimarily employed by insurance carriers to evaluate and approve insurance policies

While both roles involve understanding insurance policies, the Insurance Risk Manager focuses on overall risk mitigation strategies within an organization, whereas the Insurance Underwriter evaluates individual insurance applications to determine coverage and pricing.

What does an Insurance Risk Manager do?

An Insurance Risk Manager is responsible for identifying, assessing, and mitigating risks that could negatively impact an organization’s assets, operations, or reputation. They analyze various types of risks—including financial, operational, and compliance risks—and develop strategies to minimize potential losses. Insurance Risk Managers also advise on appropriate insurance coverage, negotiate policies with insurers, and ensure that the company complies with relevant regulations to protect against unforeseen events.

What are the most common challenges Insurance Risk Managers face when working across different departments?

Insurance Risk Managers often collaborate with various departments such as underwriting, claims, and compliance to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment of risk policies across teams that may have different priorities or levels of risk awareness. Balancing regulatory requirements with business objectives can also be complex, requiring strong negotiation and relationship-building skills. Successfully navigating these challenges helps create a unified risk culture and strengthens the organization's overall resilience.
What are popular job titles related to Insurance Risk Manager jobs in Maryland? For Insurance Risk Manager jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Maryland look for? The top searched job categories for Insurance Risk Manager jobs in Maryland are:
What cities in Maryland are hiring for Insurance Risk Manager jobs? Cities in Maryland with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Maryland as of June 2026, with employment types broken down into 67% Full Time, 27% Part Time, and 6% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $117,926 per year, or $56.7 per hour.
Journeyman Risk Manager (ANKG25045)

Journeyman Risk Manager (ANKG25045)

Air Combat Effectiveness Consulting Group, LLC

Lexington Park, MD • On-site

Full-time

Medical, Dental, Vision, PTO

Posted 4 days ago

Be an early applicant


Job description

Description:

As a Journeyman Program Analyst (Risk Manager), you will play a critical role in identifying, assessing, and mitigating risks across programs to ensure successful execution and compliance with organizational and contractual requirements. You will work closely with program managers, technical teams, and leadership to proactively manage risks and support informed decision-making. You will provide overall risk management support, as well as engineering support to an advanced research and development program.

Travel (~20%) is required for this position


What You’ll Do

  • Develop the risk management strategy for documenting the risk management process within the organization
  • Develop and maintain a risk management repository on secure systems without traditional NAVAIR tools, actively track risks throughout the program
  • Submit risk reports to support program leadership decision points and program level meetings/briefings
  • Develop, implement, and document the application of risk metrics and prepare accurate, thorough, and complete risk reports
  • Represent the Risk Management Program at leadership meetings, conduct workshops, and hold one-on-one meetings to actively assist in risk tracking and mitigation.
  • Implement a risk assessment board, risk tools, practices and policies to manage risk to the greatest extent practical
  • Support the Risk Management process as delineated in the DoD Risk Management Guide for Defense Acquisition Programs using systems other than traditional NAVAIR systems/tools that are unique to the program
  • Support program management with communication to stakeholders, via presentations, briefings, the customer’s process for managing the program’s risks, issues, and opportunities


Your Day-to-Day

  • Create and manage risk tools for effective use by teams
  • Manage the risk process for multiple large programs
  • Serve as advisor at IPT and program RMB meetings
  • Maintain the RMP and risk register
  • Provide risk management training
  • Facilitate Working Groups with IPT/Teams to capture new risk, issues and opportunities, and update Mitigation, Corrective Action, and/or Opportunity Management Plans
  • Complete an initial screening of risks, issues and opportunities
  • Prepares risk briefings, reports, and documents required for program reviews
Requirements:


Must Haves

  • Must have a Bachelor’s Degree a Business related field from an accredited college or university.
  • Must have at least two (2) years of Risk Management experience in a DoD Program Office
  • Must have a DoD Secret Clearance

Nice To Haves

  • Proficient in Microsoft Office and Adobe products
  • Ability to demonstrate good oral and written communication skills
  • Have experience working in a dynamic, schedule constrained, and complex security environment


Who We Are


ACE Group is a Service-Disabled Veteran Owned Small Business that provides expertise in the operational application of current and future airborne weapons systems, with an emphasis on their lethality and survivability in the Battlespace. Our employees draw from a wealth of personal, professional and company experience to provide our Nation’s decision makers with the knowledge required to optimally equip our Armed Services with affordable, lethal and survivable weapons systems. We serve as our customers’ most trusted agents in their goal of producing enterprise-wide survivability investments and executable programs. We fill key roles within customer offices, offering critical knowledge regarding design, development, procurement, and test and evaluation of new and upgraded weapons and platforms. ACE Group’s philosophy is simple: Our success must be grounded on service and honest relationships. We focus on meeting the needs of our customers and employees, and trust that with those satisfied employees and satisfied customers, the business will take care of itself. ACE Group provides exciting opportunities for professional growth, and generous benefits, including personal time off, individual and family health, vision, and dental benefits, and