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Professional Risk Manager Jobs in Maryland (NOW HIRING)

Professional Liability * Management Liability * Coordinate claim investigations, documentation, reporting, and resolution activities. * Review loss trends and identify opportunities for risk ...

Risk Manager

Riverdale, MD · On-site

$115K - $125K/yr

Professional Liability * Management Liability * Coordinate claim investigations, documentation, reporting, and resolution activities. * Review loss trends and identify opportunities for risk ...

Certified Information System Security Professional (CISSP) * Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems ...

Professional Liability * Management Liability * Coordinate claim investigations, documentation, reporting, and resolution activities. * Review loss trends and identify opportunities for risk ...

Certified Information System Security Professional (CISSP) * Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems ...

Certified Information System Security Professional (CISSP) * Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems ...

Professional Liability * Management Liability * Coordinate claim investigations, documentation, reporting, and resolution activities. * Review loss trends and identify opportunities for risk ...

Certified Information System Security Professional (CISSP) * Certified Information Systems Auditor (CISA) * Certified Information Security Manager (CISM) * Certified in Risk and Information Systems ...

Strong interpersonal skills and professional demeanor * Ability to meet deadlines * Ability to ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

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Professional Risk Manager information

See Maryland salary details

$50K

$108.3K

$165K

How much do professional risk manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for professional risk manager in Maryland is $108,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,300.00 and $125,200.00 per year, depending on experience, location, and employer.

What is the difference between Professional Risk Manager vs Risk Analyst?

AspectProfessional Risk ManagerRisk Analyst
CertificationsFRM, PRMCFA, FRM (optional)
Work EnvironmentStrategic, managerial, decision-making roles in finance, insurance, or corporate sectorsData analysis, risk assessment, reporting in finance or banking
Employer & Industry UsageFinancial institutions, corporations, consulting firmsBanks, investment firms, insurance companies

The Professional Risk Manager typically holds strategic responsibilities, focusing on risk policies and mitigation strategies, often requiring certifications like FRM or PRM. Risk Analysts primarily perform data-driven risk assessments and reporting. While both roles work within the risk management field, the Professional Risk Manager has a broader scope involving decision-making and policy development, whereas Risk Analysts focus on analyzing data to inform those decisions.

What does a professional risk manager do?

A professional risk manager identifies, assesses, and prioritizes potential risks that could impact an organization’s assets, operations, or reputation. They develop strategies to mitigate or manage these risks, often using tools like risk assessment frameworks and data analysis, and may hold certifications such as FRM or PRM. Their work involves continuous monitoring and reporting to ensure organizational resilience against financial, operational, or strategic threats.

What are the key skills and qualifications needed to thrive as a Professional Risk Manager, and why are they important?

To thrive as a Professional Risk Manager, you need a strong background in risk assessment, financial analysis, and regulatory compliance, often supported by a degree in finance or a related field and certifications like PRM or FRM. Proficiency with risk management software, quantitative modeling tools, and enterprise risk management (ERM) systems is typically required. Outstanding analytical thinking, attention to detail, and effective communication skills set successful risk managers apart. These skills and qualifications are crucial for accurately identifying, assessing, and mitigating risks that could impact an organization's objectives and stability.

What jobs pay 500,000 a year in the US?

In the US, high-paying roles such as senior investment bankers, hedge fund managers, and top executives in finance and technology can earn $500,000 or more annually. These positions often require advanced degrees, extensive experience, and strong negotiation skills, with compensation frequently including bonuses and stock options.

How much does a risk manager get paid?

A risk manager's salary varies based on experience, industry, and location, but the median annual salary in many regions ranges from $80,000 to $130,000. Professionals with certifications like FRM or CRM and strong analytical skills tend to earn higher salaries, especially in financial services and corporate risk management environments.

What jobs make $1,000,000 a year?

In the field of professional risk management, high-level roles such as Chief Risk Officer or senior risk executives in large financial institutions can earn annual compensation approaching or exceeding $1 million, especially with bonuses and incentives. These positions typically require extensive experience, advanced certifications like FRM or CFA, and leadership in complex financial environments.

How does a Professional Risk Manager typically collaborate with other departments within an organization?

Professional Risk Managers work closely with teams across the organization, including finance, operations, compliance, and executive leadership. They facilitate communication to identify, assess, and prioritize potential risks, ensuring that all business units understand and adhere to risk mitigation strategies. Regular meetings and cross-functional projects are common, fostering a collaborative environment where risk insights inform decision-making. This collaborative approach helps to create a proactive risk culture and supports the organization’s overall objectives.
What are popular job titles related to Professional Risk Manager jobs in Maryland? For Professional Risk Manager jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Professional Risk Manager jobs in Maryland look for? The top searched job categories for Professional Risk Manager jobs in Maryland are:
What cities in Maryland are hiring for Professional Risk Manager jobs? Cities in Maryland with the most Professional Risk Manager job openings:
Infographic showing various Professional Risk Manager job openings in Maryland as of July 2026, with employment types broken down into 80% Full Time, 17% Part Time, 2% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $108,270 per year, or $52.1 per hour.
Risk Manager

$115K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 2 days ago


Job description

The Risk Manager is responsible for leading the project's risk management program and ensuring that risks and opportunities are identified, evaluated, documented, communicated, and managed throughout the project lifecycle. This position works closely with project leadership, construction teams, engineering, safety, quality, procurement, legal, and commercial personnel to proactively manage risks that may affect project objectives.

The Risk Manager develops and maintains the project risk register, facilitates risk assessments, monitors mitigation plans, and provides reporting and analysis to support informed decision-making.

Collaborate with industry experts and committed teams to shape successful project outcomes and safeguard our interests.  

Apply now and transform your career with us. 


  • Insurance Program Administration

    • Manage and administer the Purple Line Project Owner Controlled Insurance Program (OCIP).
    • Coordinate contractor enrollment and compliance with OCIP requirements.
    • Review insurance certificates, endorsements, and coverage requirements.
    • Monitor insurance program performance and compliance with contractual obligations.
    • Serve as the primary contact for insurance carriers, brokers, and project stakeholders.

    Claims Management

    • Direct and oversee all project-related claims, including:
      • Workers' Compensation
      • General Liability
      • Automobile Liability
      • Property Damage
      • Professional Liability
      • Management Liability
    • Coordinate claim investigations, documentation, reporting, and resolution activities.
    • Review loss trends and identify opportunities for risk reduction.
    • Collaborate with legal counsel and insurance carriers regarding litigation and settlement strategies.
    • Monitor claim reserves and claim closure performance.

    Risk Assessment and Mitigation

    • Identify operational, contractual, insurance, and safety-related risks affecting the project.
    • Develop and implement risk mitigation strategies.
    • Analyze incident and claims data to identify emerging trends.
    • Support crisis management and incident response activities.
    • Recommend corrective actions to reduce project exposure.

    Contractor Compliance

    • Monitor contractor compliance with insurance and contractual requirements.
    • Conduct audits of contractor insurance documentation and payroll reporting.
    • Review enrollment submissions and verify eligibility for participation in the OCIP.
    • Resolve compliance deficiencies and coverage issues.

    Reporting and Stakeholder Communication

    • Prepare monthly and quarterly risk management reports.
    • Present claims, insurance, and risk management updates to executive leadership and project stakeholders.
    • Facilitate regular claims review and risk management meetings.
    • Provide guidance to project teams regarding insurance coverage and risk-related matters.

    Safety and Loss Prevention

    • Partner with project safety teams to identify and address risk exposures.
    • Participate in safety committee meetings and incident reviews.
    • Support return-to-work initiatives and injury management programs.
    • Utilize claims and incident data to support proactive safety improvements.

    Regulatory and Contractual Compliance

    • Ensure compliance with applicable insurance regulations and project contractual requirements.
    • Support audits and reporting requirements for project owners and governmental agencies.
    • Maintain complete and accurate records related to claims, insurance, and compliance activities.

Education

  • Bachelor's degree in Risk Management, Business Administration, Construction Management, Finance, Insurance, or related field preferred.

Experience

  • Minimum 10 years of experience in construction risk management, insurance administration, OCIP/CCIP management, or claims management.
  • Experience supporting large transportation, transit, infrastructure, or heavy civil construction projects.
  • Demonstrated experience managing complex insurance and claims programs.

Knowledge, Skills, and Abilities

  • Extensive knowledge of OCIP and CCIP programs.
  • Strong understanding of construction insurance coverages and claims processes.
  • Knowledge of workers' compensation, general liability, automobile liability, property, and professional liability claims.
  • Experience working with insurance carriers, brokers, attorneys, and project owners.
  • Strong analytical, organizational, and communication skills.
  • Ability to manage multiple stakeholders and complex issues simultaneously.

Preferred Certifications

  • Associate in Risk Management (ARM)
  • Certified Risk Manager (CRM)
  • Construction Risk and Insurance Specialist (CRIS)
  • CPCU (Chartered Property Casualty Underwriter)
  • Relevant insurance or risk management certifications

Some of the benefits you may be eligible for as an employee are:

  • Comprehensive compensation package and paid time off program
  • Industry leading 401(k)/RRSP
  • Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
  • Wellness benefits & Employee Assistance Program
  • Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.


USD $115,000.00/Yr.
USD $125,000.00/Yr.