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

Deal Advisory Senior Manager

Rockville, MD · On-site +1

$105K - $247K/yr

As a Senior Manager, you will: * Lead and manage buy-side and sell-side accounting and financial ... insurance; generous Paid Time Off; retirement plans; Paid Care Leave; and other programs that are ...

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Showing results 1-20

Insurance Risk Manager information

See Frederick, MD salary details

$82K

$120.8K

$184.9K

How much do insurance risk manager jobs pay per year?

As of Jul 1, 2026, the average yearly pay for insurance risk manager in Frederick, MD is $120,809.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,400.00 and $137,200.00 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 Frederick, MD? For Insurance Risk Manager jobs in Frederick, MD, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Manager jobs in Frederick, MD look for? The top searched job categories for Insurance Risk Manager jobs in Frederick, MD are:
What cities near Frederick, MD are hiring for Insurance Risk Manager jobs? Cities near Frederick, MD with the most Insurance Risk Manager job openings:
Infographic showing various Insurance Risk Manager job openings in Frederick, MD as of June 2026, with employment types broken down into 61% Full Time, 31% Part Time, and 8% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $120,809 per year, or $58.1 per hour.
Senior Client Manager, Employee Benefits - Insurance Advisory Solutions, Northeast Region

Senior Client Manager, Employee Benefits - Insurance Advisory Solutions, Northeast Region

Baldwin

Leesburg, VA • Hybrid

$100K/yr

Full-time

Posted 13 days ago


Job description

The Baldwin Group is an award-winning entrepreneur-led and inspired insurance brokerage firm delivering expertly crafted Commercial Insurance and Risk Management, Private Insurance and Risk Management, Employee Benefits and Benefit Administration, Asset and Income Protection, and Risk Mitigation strategies to clients wherever their passions and businesses take them throughout the U.S. and abroad. The Baldwin Group has award-winning industry expertise, colleagues, competencies, insurers, and most importantly, a highly differentiated culture that our clients consider an invaluable expansion of their business. The Baldwin Group (NASDAQ: BWIN), takes a holistic and tailored approach to insurance and risk management.
The Sr Client Manager, Employee Benefits serves as a technical resource to clients, advisors, insurance company partners and prospects while providing prompt, efficient and high-quality service.

Principal Responsibilities:

  • Manages all policy activity and stewardship aspects in book of business.

  • Analyzes and reports on relevant claims data for larger accounts, spotting trends and comparing client data to industry benchmarks.

  • Ensures client compliance with respect to benefits and serves as an informed resource to clients on the impact of ACA.

  • Gathers the information needed to present to insurance company marketplace for proposals, presents options and makes appropriate recommendations.

  • Conducts effective enrollment meetings as needed with prepared collaterals.

  • Maintains a concern for accuracy, timeliness and completion when interacting with current and prospective clients, the firm and insurance company partners, to minimize potential for errors and omissions claims while demonstrating strong organizational skills with high attention to detail.

  • Manages some house accounts without assistance from leadership and/or an Advisor.

  • Reviews existing accounts to determine if additional lines of insurance should be solicited and/or if changes need to be made throughout the year and at renewal.

  • Cultivates strong relationships with insurance company partners.

  • Knows the requirements and attributes of all insurance company partners while maintaining in depth knowledge of the company and their website resources.

  • Presents risks to the insurance marketplace for quoting, as needed.

  • Receives phone calls and email requests for options and changes to existing coverage and/or new policies.

  • Meets with clients at the firm office or occasionally at their place of business.

  • Looks for opportunities to improve the firm, Business Segment and processes. Brings issues and discrepancies to the attention of appropriate leadership.

Education, Experience, Skills and Abilities Requirements:

  • Obtain and maintain state insurance license or other state insurance license(s), as required by the State Department of Insurance to provide risk management consulting or risk transfer solutions as necessary in states where the firm functions (or be willing and able to obtain all required licenses within the first 90 days of employment).

  • 5+ years of insurance related experience.

  • Demonstrated effective presentation skills through both verbal and written communications.

  • Working knowledge of appropriate software.

  • Demonstrates the firm's core values, exuding behavior that is aligned with the corporate culture.

Special Working Conditions:

  • Fast paced, multi-tasking environment.

  • Some travel may be required.

Important Notice:

This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodations to applicants and colleagues who need them for medical or religious reasons.

Starting salary is $100,000+ annually and is negotiable at time of hire.

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The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.