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As of September 01, 2026, the average salary for a Manager, Risk Management in Maryland is $139,575 per year, which breaks down to an hourly rate of $67.
However, a Manager, Risk Management's salary can vary significantly. Here’s a look at the typical salary range:
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Manager, Risk Management Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $152,092 | $12,674 | $2,925 | $73 |
| Average | $139,575 | $11,631 | $2,684 | $67 |
| 25th Percentile | $128,379 | $10,698 | $2,469 | $62 |
State of Maryland - Baltimore, MD
Lockheed Martin - Bethesda, MD
Strategic Analytix - Fulton, MD
ProSidian Consulting - Silver Spring, MD
A Manager, Risk Management's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Manager, Risk Management's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Risk Anal... Level Manager, Risk Management | $165,420 |
| Risk Mana... Level Manager, Risk Management | $117,009 |
| Manager, ... Level Manager, Risk Management | $138,654 |
| Senior Ri... Level Manager, Risk Management | $161,246 |
| Risk Mana... Level Manager, Risk Management | $194,917 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Manager, Risk Managements. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Manager, Risk Management roles, the industry you choose can affect earning potential by as much as 52% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 30% above the average. In contrast, Manager, Risk Management positions in Biotechnology or Chemicals typically offer lower base pay, as these industries often view Manager, Risk Management as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $181,447 | $87.0 | 30% |
| Business Services | $160,511 | $77.0 | 15% |
| Construction | $153,532 | $74.0 | 10% |
| Retail & Wholesale | $150,741 | $72.0 | 8% |
| Energy & Utilities | $149,345 | $72.0 | 7% |
Understanding how a Manager, Risk Management's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $152,092 | $12,674 | $2,925 | $73 |
| Average | $139,575 | $11,631 | $2,684 | $67 |
| 25th Percentile | $128,379 | $10,698 | $2,469 | $62 |
Ready to take the next step in your career? Browse thousands of current Manager, Risk Management job openings on our job board. Use the search bar below to find your perfect match.
Customer Value Partners
Rockville, MD
Customer Value Partners | Rockville, MD
Job Description. Job Description. Overview. CVP is seeking an Cybersecurity Risk Manager for a large government agency enterprise-level cybersecurity progr... more
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Air Combat Effectiveness Consulting Group, LLC
Lexington Park, MD
Air Combat Effectiveness Consulting Group, LLC | Lexington Park, MD
Journeyman Program Analyst (Risk Manager). As a Journeyman Program Analyst (Risk Manager), you will play a critical role in identifying, assessing, and mit... more
3 Days Ago
Lockheed Martin Corporation
Bethesda, MD
Lockheed Martin Corporation | Bethesda, MD
Property Risk ManagerLockheed Martin is seeking a seasoned Risk Management and Insurance professional to lead its property insurance programs. The successf... more
5 Days Ago
Lockheed Martin
Bethesda, MD
Lockheed Martin | Bethesda, MD
Property Risk Manager. Lockheed Martin is seeking a seasoned Risk Management and Insurance professional to lead its property insurance programs. The succes... more
7 Days Ago
Walnut Hill Landscape Company Inc
Annapolis, MD
Walnut Hill Landscape Company Inc | Annapolis, MD
Job Description. Job Description. Job Description. Landscape Management Division Manager. . Purpose. The Landscape Management Division Manager is a vital m... more
3 Days Ago
McCormick
Hunt Valley, MD
McCormick | Hunt Valley, MD
Manager Revenue Management (Remote)HUNT VALLEY, MD, US, 21031You may know McCormick as a leader in herbs, spices, seasonings, and condiments and we're alwa... more
5 Days Ago
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