Risk Manager Salary in Maryland

How much does a Risk Manager make in Maryland? The average Risk Manager salary in Maryland is $117,479 as of January 20, 2020, but the range typically falls between $101,879 and $135,222. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $101,879 10% $87,677 90% $151,377 75% $135,222 $117,479 50%(Median)
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Job Description

Risk Manager develops and administers risk-management and loss-prevention programs. Initiates policies to comply with safety legislation and industry practices. Being a Risk Manager researches and reports on the most cost effective plans to minimize asset liability. Acts as the liaison to attorneys, insurance companies and individuals, investigating any incidences that may result in asset loss. Additionally, Risk Manager reviews and analyzes risk management programs for the effectiveness of coverage and to reduce costs and losses. Requires a bachelor's degree. Typically reports to top management. The Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Dundalk, MD Avg. Salary $117,130 Date Updated January 20, 2020
Location Abell, MD Avg. Salary $125,527 Date Updated January 20, 2020
Location Aberdeen, MD Avg. Salary $115,369 Date Updated January 20, 2020
Location Aberdeen Proving Ground, MD Avg. Salary $116,137 Date Updated January 20, 2020
Location Abingdon, MD Avg. Salary $115,163 Date Updated January 20, 2020
Location Accident, MD Avg. Salary $104,551 Date Updated January 20, 2020
Location Accokeek, MD Avg. Salary $125,869 Date Updated January 20, 2020
Location Adamstown, MD Avg. Salary $123,286 Date Updated January 20, 2020
Location Allen, MD Avg. Salary $121,220 Date Updated January 20, 2020
Location Andrews Air Force Base, MD Avg. Salary $126,059 Date Updated January 20, 2020
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