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Manager Of Risk Management Jobs in Virginia (NOW HIRING)

Directs the organization's Risk Management Program and protects the organization's financial assets through proactive processes designed to reduce the probability of adverse events and to reduce the ...

At least 3 year of Risk Management Experience * At least 2 years of Project or Process Management experience * At least 3 years of experience supporting, partnering and interacting with internal ...

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Manager Of Risk Management information

See Virginia salary details

$43.1K

$102.8K

$166.1K

How much do manager of risk management jobs pay per year?

As of Jul 14, 2026, the average yearly pay for manager of risk management in Virginia is $102,814.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,900.00 and $130,900.00 per year, depending on experience, location, and employer.

What is the difference between Manager Of Risk Management vs Risk Analyst?

AspectManager Of Risk ManagementRisk Analyst
Required CredentialsBachelor's degree, professional risk management certifications (e.g., CRM, FRM)Bachelor's degree, often pursuing certifications like CRM or FRM
Work EnvironmentOversees risk management teams, develops strategies, collaborates with senior managementAnalyzes data, assesses risks, prepares reports, supports risk strategies
Employer & Industry UsageFinancial institutions, insurance companies, large corporationsFinancial firms, insurance, consulting, and corporate risk departments

The Manager Of Risk Management typically leads risk strategies and manages teams, requiring advanced certifications and experience. In contrast, a Risk Analyst focuses on data analysis and risk assessment, often with similar educational backgrounds but less managerial responsibility. Both roles are essential in risk management but differ in scope and seniority.

What does a risk management manager do?

A risk management manager oversees an organization’s processes to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management strategies, implement policies, and often use tools like risk assessment software to monitor and control risks, ensuring compliance with regulations and organizational goals.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual wages range from $70,000 to over $120,000, with senior roles and certifications like FRM or CRM often commanding higher pay. The role requires strong analytical skills and knowledge of risk assessment tools.

What is the highest salary for a risk manager?

The highest salaries for risk managers can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations. Senior risk managers or directors in financial services or insurance industries tend to earn the highest compensation packages.

How much does a risk manager get paid?

A risk manager's average salary varies by experience and location but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those in specialized industries can earn higher salaries, often exceeding $200,000 with additional certifications like FRM or CRM. Compensation also depends on the size of the organization and the complexity of the risk management responsibilities.
What are the most commonly searched types of Of Risk Management jobs in Virginia? The most popular types of Of Risk Management jobs in Virginia are:
Manager, Clinical Risk (Hybrid role, RN Required)

Manager, Clinical Risk (Hybrid role, RN Required)

Mary Washington Healthcare

Fredericksburg, VA • On-site

Full-time

Re-posted 26 days ago


Mary Washington Healthcare rating

7.3

Company rating: 7.3 out of 10

Based on 68 frontline employees who took The Breakroom Quiz

300th of 884 rated healthcare providers


Job description

Start the day excited to make a difference...end the day knowing you did. Come join our team.
Job Summary:
Clinical Risk Manager assists with clinical identification, risk evaluation and coordination of corrective action implementation relates to risk issues. Conducts investigations of risk and claim matters and provides investigation information to legal counsel. Interviews staff and physicians involved in potential medical malpractice litigation. Provides intervention and education related to risk management issues to promote safe work practices and quality care and services in an environment that is beneficial to the safety, health and well being of all patients, visitors and hospital staff. Reports real and potential risk situations to the Director, Risk Management. Provides education to providers, staff and administration. Acts as resource person to administrative team, department managers and medical staff.
Essential Functions and Responsibilities:
  • Conducts regular risk management surveys of hospital departments and other system owned facilities.
  • Reports information gathered from risk identification assessments to the appropriate managers for analysis and corrective action to eliminate or reduce risk.
  • Demonstrates knowledge of basic components of risk management, including root case analysis, potentially compensable events, loss control, risk investigation, reporting and claims management.
  • Reviews, evaluates and recommends action in risk related matters pertaining to patients visitors, Associates, students, physical plant and personal property.
  • Provides education to providers and staff on risk management practices including, but not limited to: risk identification, key elements of risk reduction, and education regarding proper documentation practices that present potential liability problems.
  • Performs medical record review for the purpose of identification of real or potential risk and the monitoring of documentation practices.
  • Assists in development and preparation of monthly, quarterly and yearly reports on risk incidents, claims and departmental activities.
  • Investigates potential liability situations in all MWHC Programs and Facilities identified through various risk identification sources including conducting in-depth interviews of staff involved in general and professional liability matters and provides reports to legal counsel to assist in preparation of defense.
  • Completes case summaries on all medical malpractice and general liability cases and provides to legal counsel, executive leadership and Claims Management Committee.
  • Coordinates the gathering of medical and other records involved in litigation and assists legal counsel as required.
  • Summarize risk management data for appropriate evaluation and risk trend analysis.
  • Advises staff, providers and/or committees regarding real and potential liability situations.
  • Consults other departments as appropriate to provide collaboration in patient care.
  • Interacts professionally with patient/family to increase patient/family satisfaction and/or diffuse potential litigious occurrences related to patient/family perception.
  • Maintains claims files and other documents/files associated with general and professional liability matters.
  • Demonstrates knowledge of appropriate and current documentation practices related to the risk management.
  • Assists in development of standards for the organization.
  • Demonstrates knowledge of current methodology and practices. Maintains awareness of changes in the regulations and requirements by accrediting bodies.
  • Serves as an on-call resource for staff and physicians on risk issues.
  • Participates in risk management and safety activities.
  • Ability to analyze complex clinical situations and deal with conflict and people who are upset. Provides a calming influence in difficult situations.
  • Perform other duties as assigned.

Qualifications:
  • Valid RN License from Virginia or reciprocal compact state required.
  • Bachelor's degree in Nursing (BSN) from an accredited school required
  • Clinical experience within last 5 years preferred.
  • CPHRM certification preferred.
  • 3 or more years experience in risk management, patient safety or quality improvement in acute care setting
  • Thorough understanding of acute and non-acute care delivery systems, including home health care agencies and ambulatory care and psychiatric units.
  • Excellent interpersonal skills required.
  • Personal computer knowledge including, but not limited to, word processing program, spread sheet programs, electronic calendars, data management programs, graphic presentation programs, Internet communication software and software applications used to support risk management (e.g., flowing charting, etc).

MWHC will not discriminate in its employment practices due to an applicant's race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status (EOE). We are also committed to equitable and transparent compensation practices and comply with all applicable pay transparency and pay equity laws.
Required
Physical Requirements: Constant (67-100% of workday) sitting and use of arms and hands; occasional (0-33% of workday) standing, walking, bending, squatting; ability to lift, push, and pull up to 10 lbs.; auditory and visual skills.
Mental Requirements: Possesses critical thinking and analytical skills. Ability to multi-task. Ability to communicate effectively and collaborate with a multi-disciplinary team.
Environmental Requirements and Exposure Hazards: Potential risk of exposure to chemicals.
"It is the policy of Mary Washington Healthcare to provide reasonable accommodations to qualified individuals with a disability who are applicants for employment or Associates."
Compensation Pay Range:
$37.56 - $56.34

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About Mary Washington Healthcare

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Join Mary Washington Healthcare, one of Virginia's fastest-growing healthcare systems and the region's premier healthcare provider. Our nursing jobs, allied health, and physician jobs promote growth through career advancement and support in an environment designed for success.

Industry

Hospitals

Company size

1,001 - 5,000 Employees

Headquarters location

Fredericksburg, VA, US

Year founded

1899