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As of August 01, 2026, the average salary for a Risk Management Associate in Maryland is $65,599 per year, which breaks down to an hourly rate of $32.
However, a Risk Management Associate's salary can vary significantly. Here’s a look at the typical salary range:
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Risk Management Associate Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,434 | $5,953 | $1,374 | $34 |
| Average | $65,599 | $5,467 | $1,262 | $32 |
| 25th Percentile | $61,734 | $5,145 | $1,187 | $30 |
Lynch Consultants, LLC - Camp Springs, MD
State of Maryland - Baltimore, MD
Lockheed Martin - Bethesda, MD
LifeBridge Health, Inc. - East Case, MD
A Risk Management Associate'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 Risk Management Associate'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 Mana... Level Risk Management Associate | $65,169 |
| Risk Anal... Level Risk Management Associate | $80,057 |
| Risk Anal... Level Risk Management Associate | $97,421 |
| Risk Anal... Level Risk Management Associate | $123,486 |
| Risk Anal... Level Risk Management Associate | $156,982 |
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 Risk Management Associates. 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 Risk Management Associate roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Risk Management Associate positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Risk Management Associate as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $78,718 | $38.0 | 20% |
| Financial Services | $75,438 | $36.0 | 15% |
| Healthcare | $75,438 | $36.0 | 15% |
| Aerospace & Defense | $72,158 | $35.0 | 10% |
| Energy & Utilities | $72,158 | $35.0 | 10% |
Understanding how a Risk Management Associate'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 | $71,434 | $5,953 | $1,374 | $34 |
| Average | $65,599 | $5,467 | $1,262 | $32 |
| 25th Percentile | $61,734 | $5,145 | $1,187 | $30 |
Ready to take the next step in your career? Browse thousands of current Risk Management Associate job openings on our job board. Use the search bar below to find your perfect match.
Strategic Analytix
Fulton, MD
Strategic Analytix | Fulton, MD
Risk Management Framework CoordinatorStrategic Analytix (SA) is an IT engineering and management consulting firm focused on mission critical services and s... more
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ProSidian Consulting
Silver Spring, MD
ProSidian Consulting | Silver Spring, MD
Enterprise Risk Management Consultant - Business Transformation (BT) Initiatives. ProSidian Consulting is looking for professionals who share our commitmen... more
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Gilead Sciences Inc.
United States - California - Foster City, MD
Gilead Sciences Inc. | United States - California - Foster City, MD
This job is with Gilead Sciences Inc., an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Pleas... more
11 Days Ago
Bank of America
Cockeysville, MD
Bank of America | Cockeysville, MD
Job Opportunity At Merrill Wealth Management. Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products an... more
7 Days Ago
University of Maryland Medical Center
Gwynn Oak, MD
University of Maryland Medical Center | Gwynn Oak, MD
Materials Management Associate. This is a PRN position as needed 8am - 4:30pm. Must be able to work every Monday and Friday and other days throughout the w... more
8 Days Ago
Martin Marietta
North East, MD
Martin Marietta | North East, MD
DescriptionDescription:The Martin Marietta Management Associate Program is an investment in you. It is our way of selecting and developing the very best pe... more
9 Days Ago
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