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Insurance Risk Manager Jobs in Baltimore, MD (NOW HIRING)

Risk Manager

Annapolis, MD · On-site

$145K - $220K/yr

The Risk Professional will support the Risk Management and Modeling Team in monitoring HASI's portfolio of climate positive projects. In addition, the individual would support due diligence in ...

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible ...

You will provide risk coverage for equity strategies, working closely with portfolio managers and investment leaders to identify material portfolio risks and deliver actionable insights that support ...

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Insurance Risk Manager information

See Baltimore, MD salary details

$82K

$120.7K

$184.8K

How much do insurance risk manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for insurance risk manager in Baltimore, MD is $120,733.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,400.00 and $137,100.00 per year, depending on experience, location, and employer.

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 key skills and qualifications needed to thrive as an Insurance Risk Manager?

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 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 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 job categories do people searching Insurance Risk Manager jobs in Baltimore, MD look for?

The top searched job categories for Insurance Risk Manager jobs in Baltimore, MD are:

What cities near Baltimore, MD are hiring for Insurance Risk Manager jobs?

Cities near Baltimore, MD with the most Insurance Risk Manager job openings:

Infographic showing various Insurance Risk Manager job openings in Baltimore, MD as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 84% Physical, 1% Hybrid, and 15% Remote job distribution, with an average salary of $120,733 per year, or $58 per hour.

Global Insurance & Risk Management Analyst

Under Armour, Inc

Baltimore, MD • On-site

$60 - $80/hr

Other

Posted 26 days ago


Under Armour rating

6.9

Company rating: 6.9 out of 10

Based on 113 frontline employees who took The Breakroom Quiz

24th of 105 rated fashion retailers


Job description

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Global Insurance & Risk Management Analyst

At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.

Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.

Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.

The Global Insurance & Risk Management Analyst will be responsible for the day-to-day administration of the risk management and insurance program, including managing certificates of insurance, confirming coverage for various special events, and updating values/ exposures for global insurance renewals.

Your Impact
  • Manage and Maintain UA’s Insurance Policy Library including all policies endorsements in hard copy and electronic format.
  • Maintain and update as necessary schedules for property TIVs, company autos, and retail locations.
  • Process all certificates of insurance requests and manage UA’s certificates of insurance. Review all COIs for compliance with UA standards for all manufacturers and key contracts/partnerships.
  • Analyze, review and advise on insurance requirements for various contracts as necessary.
  • Build relationships internally to ensure relevancy in the insurance program to the company’s operations.
  • Coordinate local policy issuance, invoicing and compliance obligations with global insurers and local UA offices. Ensure accurate premium tax paid.
  • Evaluate regulatory requirements in new global jurisdictions.
  • Manage relationships with local UA office and retail store locations; act as primary liaison for day-to-day insurance operations; maintain global insurance playbooks and assist in global renewals.
  • Manage the administrative payment function of all invoicing; aid in managing global insurance budget.
  • Aid in the development of internal resources for the business and conducting internal trainings on insurance and risk management topics.
  • Lead risk management information system (RMIS) administration with internal users coordinating and funneling communication. Drive RMIS system evolution.
  • Maintain current knowledge of all lines of insurance, court decisions which may impact the claims function, current guidelines in the claims function, and policy changes and modifications.
  • Prepare underwriting submissions for global insurance renewals.
Qualifications
  • MS Office (Word, Excel, Outlook, etc) required, Intermediate to Advanced Excel skills preferred
  • Ability to multi-task in a fast-paced environment
  • Ability to work independently
  • Excellent oral and written communication skills
  • Ability to identify and resolve business problems within a team setting
  • Detail-Oriented
  • Candidates should possess strong organizational skills and the ability to communicate and work well in a team environment
EDUCATION AND/OR EXPERIENCE:
  • Bachelor’s degree preferred.
  • Candidates must possess 1-3 years of experience with general working knowledge of commercial property and liability insurance and their standard endorsements and the ability to assess contract risks and apply appropriate insurance requirements.
  • ARM, CPCU, RIMS-CRMP or other related certification a plus
Workplace Location
  • Location: This individual must reside within commuting distance from our Baltimore, MD office.
  • Work Schedule: This role follows a hybrid work schedule, requiring 4 days in-office per week.

Sponsorship Eligibility: (US ONLY) UA does not offer sponsorship of job applicants for employment-based work authorization for this position at this time.

Relocation
  • No relocation provided
Base Compensation

$60,000.00-$80,000.00USD

Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual's relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.

  • Paid "UA Give Back" Volunteer Days: Work alongside your team to support initiatives in your local community
  • Maternity and Parental Leave for eligible and FMLA-eligible teammates
  • Health & fitness benefits, discounts and resources- We offer teammates across the country programs to promote physical activity and overall well-being
Our Commitment to Equal Opportunity

At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour seeks to recruit, develop and retain the most talented people representing a wide variety of backgrounds and perspectives. If a reasonable accommodation is needed to participate in the job application or interview process, please contact our Human Resources team via candidateaccommodations@underarmour.com.

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