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

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 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 ...

To administer all corporate property, casualty and other insurance programs; as well as ... An MBA in Risk Management or Business (Finance) is a plus. * 5+ years with increasing ...

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Insurance Risk Manager information

See Germantown, MD salary details

$83.4K

$122.8K

$188K

How much do insurance risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for insurance risk manager in Germantown, MD is $122,783.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,100.00 and $139,500.00 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 Germantown, MD look for?

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

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

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

Infographic showing various Insurance Risk Manager job openings in Germantown, MD as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $122,783 per year, or $59 per hour.

Vertical Risk Manager: Card Risk

Capital One

Mclean, VA • On-site

Full-time

Re-posted 5 hours ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

92nd of 171 rated banks


Job description

Vertical Risk Manager: Card Risk
We enable our Card business to innovate and deliver exceptional products and services in a well-managed risk ecosystem while ensuring we keep our promises to customers. As a Vertical Risk Manager at Capital One you'll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Risk Managers at Capital One are the front line of defense to ensure our Company remains stable and profitable.
Risk Managers lead, advise and innovate on top transformational initiatives across the businesses in the first line of defense and are responsible for working with business partners to identify and mitigate potential risks to Capital One. You will collaborate with a team of risk managers responsible for working across the enterprise to develop and implement cutting edge risk solutions to ensure Capital One's continued growth and success.
Risk Managers have a high level of exposure across lines of business and have the opportunity to partner with Executives and their teams to identify potential risks in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded.
Responsibilities:
  • Consult on risk to business partners providing advice and guidance as required
  • Serve as a liaison, interfacing with business partners, Tech, and other assurance functions, such as legal, compliance to drive meaningful reductions in risk
  • Effectively challenge business partners, 2nd line functions (ex: Compliance and Operational Risk Management ) and 3rd line (i.e., Audit/Credit Review)
  • Lead/support regulatory exams and audits
  • Synthesize data and reporting; perform analysis and bring valuable proactive business insights through evaluation of data provided by team analysts
  • Drive and deliver results and improvements in line with the business' well managed and risk agendas
  • Stay current on the changing regulatory environment and understand the impacts to the businesses
  • Collaborate effectively across multiple levels and organizations
  • Collaborate effectively between risk, compliance and other business support functions (e.g., legal, privacy) (e.g., operations, risk management, enterprise management, etc.) to achieve objectives and support the organization in delivering on top priorities in a timely and efficient manner
  • Lead or strategically advise on risk assessments
  • Is a thought leader in providing guidance to businesses and supporting functions in implementing risk management practices
  • Identify broader needs and lead problem solving using risk forums to influence change and continuous improvement of risk management practices
  • Set direction, manages expectations and influence cross-functional teams
  • Strong communication and collaboration skills

Here's what we're looking for in an ideal teammate:
  • You are a critical thinker who seeks to understand the business, its processes and platforms, risks and control environment.
  • You create energy and an environment that fosters trust, collaboration, and belonging.
  • You possess a relentless focus on quality and timeliness.
  • You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking.
  • You develop influential relationships based upon shared risk objectives.
  • You do the right thing and lead by example. You have a passion for coaching and investing in the betterment of the team.

Basic Qualifications:
  • High School Diploma, GED or equivalent certification
  • At least 4 years of Compliance, Legal, Audit, or first or second line Risk Management experience
  • At least 3 years of Project or Process Management experience
  • At least 3 years of experience supporting, partnering and interacting with internal business clients

Preferred Qualifications:
  • Bachelor's Degree
  • 5+ years of Project Management experience leading cross functional projects and programs in Risk
  • 5+ years of Compliance, Legal, Audit, or first or second line Risk Management experience
  • 3+ years of experience in reporting and analyzing data
  • Professional certifications within risk management and/or assurance: Certified Risk Management Professional, Certified Internal Auditor, Certified Risk Management Assurance (CRMA) or Certified Regulatory Compliance Manager (CRCM)
  • PMP, Lean, Agile or Six Sigma certification

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $151,900 - $173,400 for Risk Manager
Richmond, VA: $138,100 - $157,700 for Risk Manager
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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