How Much Does a Risk Management Advisor Make in Maryland?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Risk Management Advisor in Maryland is $132,821. While Salary.com is seeing that Risk Management Advisor salary in MD can go up to $157,123 or down to $107,034, but most earn between $119,323 and $145,541. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $119,323 10% $107,034 90% $157,123 75% $145,541 $132,821 50%(Median)
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Similar Job Salaries to Risk Management Advisor by Company

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Company average base salary in (usd) range
Brewer Agency
Risk Management Advisor - Remote
$122,484/yr
$106,137
$138,830
RANGE: $106,137 - $138,830
State Farm
Personal Risk Management Advisor
$130,891/yr
$108,406
$153,376
RANGE: $108,406 - $153,376
HomeServices Insurance
Insurance Risk Advisor
$156,443/yr
$120,514
$192,372
RANGE: $120,514 - $192,372
GD Resources LLC
Risk Management Consultant
$117,367/yr
$100,723
$134,010
RANGE: $100,723 - $134,010
HomeServices Insurance
Risk Management Consultant
$107,827/yr
$93,157
$122,497
RANGE: $93,157 - $122,497
Marriott International
SrMgr-Risk Management
$164,022/yr
$139,176
$188,869
RANGE: $139,176 - $188,869
T. Rowe Price
Manager, Risk Management
$139,352/yr
$119,481
$159,222
RANGE: $119,481 - $159,222
Constellation
Manager - Enterprise Risk Management
$143,475/yr
$122,927
$164,024
RANGE: $122,927 - $164,024
SAIC
Risk Management Analyst
$109,331/yr
$94,702
$123,959
RANGE: $94,702 - $123,959
HMSHost
Sr Risk Management Analyst
$113,410/yr
$99,769
$127,051
RANGE: $99,769 - $127,051

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Top 10 Highest Paying Cities For Risk Management Advisor Jobs in Maryland

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Risk Management Advisor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Risk Management Advisor job salaries in Maryland. Some cities can pay higher salaries for Risk Management Advisor jobs, which can indicate that there is a large demand for Risk Management Advisor positions in this city.
The following table shows top 10 cities where the Risk Management Advisor salary is higher than other cities in Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Risk Management Advisor salary is $143,385 in Silver Spring, which is higher than the national average. There are 15 cities' Risk Management Advisor salary higher than national average in Maryland.
The average salary for a Risk Management Advisor in Maryland is $132,821, but we found that the city with the highest salary for Risk Management Advisor jobs is Silver Spring, MD, and it is higher than Bethesda. Risk Management Advisor jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $143,385 $11,949 $2,757 $69
Bethesda $143,385 $11,949 $2,757 $69
Potomac $143,385 $11,949 $2,757 $69
Rockville $143,256 $11,938 $2,755 $69
Bowie $143,127 $11,927 $2,752 $69
Waldorf $142,998 $11,917 $2,750 $69
Gaithersburg $142,998 $11,917 $2,750 $69
Germantown $139,133 $11,594 $2,676 $67
Frederick $138,360 $11,530 $2,661 $67
Baltimore $132,434 $11,036 $2,547 $64

What Does a Risk Management Advisor Do?

A risk management specialist is responsible for keeping a business on its feet and bringing in profits.
Updated December 11, 2021
“Each of these concepts connects to the other and understanding the accounting impact is really the starting point for building a good currency risk management program,” Braun says.
Updated December 19, 2021
– Risk sources may be internal or external to the system that is the target of risk management (use mitigation instead of management since by its own definition risk deals with factors of decision-making that cannot be managed).
Updated December 16, 2021
Here we also discuss the introduction and techniques of credit risk management along with advantages and disadvantages.
Updated December 13, 2021
If you are interested in talking with a risk management consultant to help manage your business risks.
Updated December 13, 2021

Frequently Asked Questions About a Risk Management Advisor Salaries

What is the average of a Risk Management Advisor in Maryland?

The Risk Management Advisor salary range is from $119,323 to $145,541, and the average Risk Management Advisor salary is $132,821/year in Maryland. The Risk Management Advisor's salary will change in different locations.

Which location pays the highest Risk Management Advisor salary in the United States?

The Risk Management Advisor salary in San Jose, CA is $161,678 which is the highest in the US.

What kinds of reasons will influence the Risk Management Advisor's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Risk Management Advisor.

What is the growth rate of the Risk Management Advisor's salary?

If you are thinking of becoming a Risk Management Advisor or planning the next step in your career, find the detailed salary report of a Risk Management Advisor.