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Insurance Risk Manager Jobs in Ellicott City, MD

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

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

Manager, Risk Advisor Manager, Risk Advisor Risk Management Business Risk Office Do you want to be part of an organization that's dedicated to helping Capital One identify, manage and effectively ...

Cyber Defense & Resilience - Insider Risk Manager Are you interested in working in a dynamic environment that offers opportunities for professional growth and new responsibilities? If so, Deloitte ...

Senior Equity Risk Manager

Baltimore, MD · On-site

$133 - $227/hr

  • Medical

  • Retirement

  • PTO

Role Summary The Senior Equity Risk Manager position is an important role within Investment Risk at T. Rowe Price. The Investment Risk team is part of the firm's Enterprise Risk Group, with 38 ...

Senior Associate, Risk Manager Are you ready to lead from the front line of a top 10 bank? Do you thrive in a high-visibility environment where your strategic relationship-building translates ...

Sr Risk Manager, GRC Systems

Baltimore, MD

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Our insurance, retirement, and investment solutions help people make the most of what's important ... The Senior Risk Manager, GRC Systems, will play a pivotal role in shaping how operational risk ...

Showing results 21-40

Insurance Risk Manager information

See Ellicott City, MD salary details

$82.2K

$121.1K

$185.3K

How much do insurance risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for insurance risk manager in Ellicott City, MD is $121,062.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,600.00 and $137,500.00 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 Ellicott City, MD look for?

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

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

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

Infographic showing various Insurance Risk Manager job openings in Ellicott City, MD as of August 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $121,062 per year, or $58.2 per hour.

Associate Risk Manager

Kennedy Krieger Institute

Baltimore, MD • On-site

$83K/yr

Full-time

Re-posted 19 days ago


Kennedy Krieger Institute rating

7.9

Company rating: 7.9 out of 10

Based on 19 frontline employees who took The Breakroom Quiz


Job description

Overview
The Associate Risk Manager is responsible for identifying, evaluating, and mitigating risks that could impact patient safety, staff well-being, regulatory compliance, and organizational operations. The position interfaces with the regulatory, safety and quality staff in identifying safety and quality opportunities and promoting a safety and quality culture. They will demonstrate sound judgment and utilize clinical practice and risk management knowledge to support a culture of safety and minimize legal and financial exposure.
Responsibilities
1. Identify potential risks related to patient care, clinical processes, operations, and environment.
2. Review and investigate adverse events, sentinel events, and near-miss occurrence, ensuring appropriate action plans as needed.
3. Monitor trends in incidents, claims, and near misses.
4. Recommend corrective actions by performing root cause analyses (RCA) and proactive risk assessments.
5. Collaborate with interdisciplinary and departmental teams to enhance patient safety initiatives and implement risk reduction strategies
6. Participate in departmental, medical staff, and institutional committees.
7. Collaborate with the Legal Risk Coordinator and Legal Counsel to assist staff with various risk matters including complex patient issues, guardianship and custody issues, legal document review and testimony for legal matters.
8. Develop and deliver staff education on risk management and safety
Qualifications
QUALIFICATIONS:
• Certification in Healthcare Risk Management (CPHRM) or Nurse Legal Certification from an accredited/recognized institution highly preferred.
• Certified Professional in-Patient Safety (CPPS) highly preferred.
EDUCATION:
• Bachelor's degree in Nursing, Healthcare Administration, Public Health, or related field required.
• Master's Degree preferred
EXPERIENCE:
Five years of experience in healthcare risk management or patient safety is required.
Minimum pay range
USD $83,483.92/Yr.
Maximum pay range
USD $149,453.82/Yr.

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