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Insurance Risk Manager Jobs in Maryland (NOW HIRING)

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

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$80.1K

$117.9K

$180.5K

How much do insurance risk manager jobs pay per year?

As of Jun 10, 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 cities in Maryland are hiring for Insurance Risk Manager jobs? Cities in Maryland with the most Insurance Risk Manager job openings:
Risk Senior Manager

Full-time

Medical, Retirement, PTO

Posted yesterday


Job description

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 engagements. The ideal candidate combines sales/business development acumen, team leadership, and deep delivery expertise to shape client outcomes, scale practices, and develop high-performing teams. This role includes measurable growth responsibilities, client oversight, and engagement leadership across highly regulated and high-growth industries.

Work You'll Do:

  • Business Development & Growth (40%)
    • Own a personal book-of-business growth target; lead opportunity pursuit from prospecting through close (RFPs, proposals, orals, scoping, pricing).
    • Build and manage an opportunity pipeline across SOC (1/2/3), readiness, ISO 27001 ISMS implementation/assessments, ISO 42001 (AI Management System) readiness/certification guidance, and security program advisory.
    • Develop go-to-market (GTM) offerings, thought leadership, and partner/alliances; collaborate with Marketing on campaigns and events.
    • Expand client relationships at the CISO, CIO, CTO, CAE, CFO levels; lead cross-sell with Assurance, Tax, and other Cyber/Technology teams.
  • Engagement Leadership & Delivery (40%)
    • Lead SOC (SSAE 18) readiness and examination projects (SOC 1 Type 1/2, SOC 2 Type 1/2, SOC 3), including scoping, testing strategy, and report quality.
    • Lead ISO/IEC 27001 implementations (ISMS design, risk assessment, controls, internal audits, certification readiness) and ISO/IEC 42001 readiness/implementation for AI governance.
    • Oversee delivery quality, risk, and timelines across multiple concurrent engagements; ensure methodology compliance and audit defensibility.
  • People Leadership & Practice Management (20%)
    • Manage, coach, and develop a team of managers/ seniors/ associates; lead staffing, utilization, and performance.
    • Champion a collaborative, inclusive, and learning-oriented culture; provide timely feedback and career guidance.
    • Strengthen delivery playbooks, templates, and accelerators; contribute to practice P&L hygiene (pricing discipline, margin, WIP/AR, scope management).

Qualifications

  • Required
    • 8–12+ years of progressively responsible experience in public accounting, consulting, or a comparable risk/security practice.
    • Proven track record in SOC (SSAE 18) readiness and examinations (SOC 1/SOC 2), including planning, testing, supervision, and reporting.
    • Hands-on experience with ISO/IEC 27001 (ISMS design/implementation, internal audit, certification readiness) and familiarity with ISO/IEC 42001 (AI Management System) frameworks and AI governance concepts.
    • Demonstrated sales/business development success (pipeline creation, proposals/orals, solutioning, closing) and account growth.
    • People leadership experience: managing teams, setting priorities, and developing talent across multiple engagements.
    • Strong understanding of security and IT risk domains (identity and access, change/configuration, secure engineering, vendor risk, cloud controls, incident response, logging/monitoring, data governance, AI governance).
    • Excellent client communication, executive presence, and stakeholder management skills.
    • Prior practice-building responsibilities (offerings, pricing models, partner alliances).
  • Preferred
    • Experience coordinating with external auditors and working in regulated industries (SaaS, fintech, healthcare, critical infrastructure).
    • Working knowledge of cloud security (Azure, AWS, GCP) and enabling platforms (e.g., M365/Entra ID, ServiceNow GRC, Archer, OneTrust).
  • Education & Certifications
    • Bachelor’s degree in Accounting, Information Systems, Computer Science, Cybersecurity, or related field; Master’s degree a plus.
    • One or more of the following required:
      • CISA (Certified Information Systems Auditor)
      • ISO/IEC 27001 Lead Implementer or Lead Auditor (or equivalent ISO credential)
      • CPA (active)
    • Additional relevant certifications a plus: CISSP, CCSP, CRISC, CISM, ISO/IEC 42001-related training/credentials.
  • Key Performance Indicators (KPIs)
    • Bookings & Revenue: Meets/exceeds individual and practice sales targets; healthy pipeline coverage, appropriate recovery/margins
    • Client Satisfaction & Expansion: New service-line cross-sells; referenceable clients.
    • People Metrics: Team utilization, retention, timely feedback, and progression of staff.

Any unsolicited resumes submitted through our website or to SC&H Group, Inc., employee e-mail accounts are considered property of SC&H Group, Inc., and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for SC&H Group, Inc., there must be a formal written agreement in place and the agency must be invited, by SC&H's Talent Acquisition team, to submit candidates for review.

ABOUT SC&H
SC&H is a national consulting and financial services firm with an expanding global footprint — home to people who believe in the power of trusted personal relationships. Everyone here shares a passion for driving results, fueled by the genuine connections we forge. Our expert capabilities and exceptional service have shaped the firm’s longstanding reputation for excellence and impressive growth. But it’s the partnerships we build and the success we help deliver that make each day rewarding — for our colleagues, our clients, and our communities.

Recognized annually by Inc., Baltimore Business Journal, Accounting Today, and Inside Public Accounting as a “Best Place to Work,” SC&H is routinely named one of the fastest-growing firms for organic growth in the United States. Our success is powered by 13 diverse practices at the intersection of finance, technology, and accounting; 430+ professionals across offices in Maryland, Tysons Corner / Washington D.C., Philadelphia, Chicago, and India; and a client base ranging from emerging growth to world-renowned Fortune 500 companies. This is the place to build lasting professional relationships, grow your skills, and fulfill your potential. 

SC&H
Make it Rewarding.

Salary & Benefits

The expected annual base salary for this position is $140,000-$175,000. Salary offers are made based on a variety of candidate specific factors such as candidate's skills, performance, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. As a 100% employee-owned firm, SC&H offers the unique benefit of real equity ownership for every colleague with at least 1 year of service. Watch your stake grow as your tenure increases and the firm achieves success. We also offer a comprehensive health plan with multiple options to suit your needs, at least 4 weeks of paid time off, 8 firm-paid holidays, 401k with employer match, and an annual firm trip for you and a guest to an all-inclusive tropical location.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.