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

Morgan-Stanley

VP, CTIS Risk Oversight Lead

Baltimore, MD · On-site

$125 - $150/hr

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their ... Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave ...

Morgan Stanley

VP, CTIS Risk Oversight Lead

Baltimore, MD · On-site

$95K - $170K/yr

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their ... Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave ...

Morgan Stanley

VP, CTIS Risk Oversight Lead

Baltimore, MD · On-site

$95K - $170K/yr

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their ... Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave ...

Morgan Stanley

VP, CTIS Risk Oversight Lead

Baltimore, MD · On-site

$95K - $170K/yr

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their ... Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave ...

Default Brand

Risk Management Coordinator

Laurel, MD · On-site

$80 - $100/hr

Analyzes insurance claims, policy coverage, loss trends, and renewal information to identify ... Professional certifications preferred, such as Certified Regulatory Vendor Program Manager (CRVPM ...

Tower

Risk Management Coordinator

Laurel, MD · On-site

Analyzes insurance claims, policy coverage, loss trends, and renewal information to identify ... Professional certifications preferred, such as Certified Regulatory Vendor Program Manager (CRVPM ...

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Showing results 21-40

All JobsInsurance Risk JobsInsurance Risk Manager JobsInsurance Risk Manager Jobs in Baltimore, MD

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:

Insurance Risk Manager jobs near you
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.

Wealth Management Operational Risk - Non-Financial Risk Assessment Assistant Vice President

Morgan Stanley

Baltimore, MD • On-site

$80K - $115K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 5 days ago

Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 157 frontline employees who took The Breakroom Quiz

36th of 154 rated financial services

Job description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
This role will provide broad exposure to functions and business lines within Wealth Management. The primary focus will be on mitigating risk and improving the control environment in Wealth Management. Specific duties will include:
  • Assist in coordinating Non-Financial Risk Assessment (NFRA) activities across Wealth Management Business Units
  • Work closely with Business Risk group partners to ensure that operational risks are reported in a timely, accurate and thoughtful manner to appropriately inform residual risk profiles
  • Work closely with Operational Risk partners and Business Risk group partners to ensure the data quality of risks and controls are updated timely, in line with firm guidelines
  • Assist with metrics and analysis for senior management, which allows the ability to identify and track thematic operational risks
  • Perform analysis of NFRA and related Operational Risk data for quality assurance, and challenge the business on their risk profile
  • Partner closely with our control testing team, ensuring the outcome of testing feeds appropriately into the risk profile
  • Support ad-hoc projects to ensure appropriate solutions and/or analysis is delivered on-time and to a high level of quality

Required Qualifications:
  • Minimum 5 years of risk management experience within financial services, preferably within the Operational Risk Management discipline
  • Strong project management skills with the ability to work well within a team
  • Ability to build and maintain a network of contacts and coordinate with a large number of stakeholders
  • Solid interpersonal skills, including written and verbal communication
  • Strong organizational skills with the ability to multitask, prioritize and work under pressure and to tight deadlines
  • Strong analytical and problem solving skills (critical thinking ability)
  • Advanced knowledge of Microsoft Office suite, emphasis in Excel and PowerPoint
  • Bachelor's degree

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Salary range for the position: $80,000 and $115,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

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About Morgan Stanley

Sourced by ZipRecruiter

Since our founding in 1935, Morgan Stanley has been committed to serving local and global communities by being a market leader in Investment Banking, Securities, Investment Management and Wealth Management services. Our belief that capital can work to benefit all of society inspires us to put our clients first, lead with exceptional ideas, hold our business to high ethical standards, and give back to communities around the world through philanthropy and public works. We have a smart casual dress code and operate under a philosophy that balances work with your personal life. Our people's talent, passion, and expertise is the fuel on which our organization runs, therefore, our people are our greatest asset. Diversity and inclusiveness is a critical component for our success and it is our priority to continue building a firm that values the unique background and identity of every one of our employees, thus enabling our people to bring their full, and best selves to work each day. Teamwork is the essence of our approach, and so are the values of integrity, excellence, and enabling our people to achieve at the highest levels. We invite you to learn more about our commitment to diversity and serving our community.

Industry

Finance and insurance and software development

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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