Risk Management Analyst Jobs in Maryland
Risk Management Analyst jobs in Maryland are concentrated in the Baltimore metro, Annapolis, and the Washington D.C. suburbs of Bethesda and Rockville, where federal contractors, financial institutions, and healthcare organizations sustain consistent demand. Employers like Leidos, T. Rowe Price, and CareFirst BlueCross BlueShield maintain large risk and compliance teams in the state, with openings across financial risk, enterprise risk management, and regulatory compliance. Hiring runs from entry-level analyst positions to senior roles overseeing portfolio-level risk programs. Find a role that fits below and apply directly.
Find Risk Management Analyst JobsOverview
Showing 5 of 18+ Risk Management Analyst jobs
Job Family
Operational RiskAbout Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.
Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.
We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Job Description Summary
Serve as the leader for Transamerica Model Risk Management (MRM) Analytics & Reporting.Job Description
Responsibilities
- Functional ownership of the MRM platform including data input, data integrity & completeness and platform-based reporting
-
Responsible for supporting BU teams with respect to:
- MRM governance training, compliance, and reporting
- MRM Platform training
- Model Validation Cycle planning & reporting
- Model Risk analytics & reporting
- Help design and prepare reporting materials for senior oversight committees and other stakeholders as needed
- Administer, analyze, maintain and evolve MRM’s model risk scoring system/process
- Support the model validation team with analytics & reporting as needed
- Help manage relationships with key BU stakeholders to drive and embed an enhanced model risk culture
Qualifications
- Bachelor’s degree in statistics, economics, finance, or relevant field
- 10+ years of experience in model risk management or internal controls, or equivalent management experience in an operational role with strong knowledge of model risk management or internal controls
- Progressive leadership experience in model risk management, internal controls, or relevant field
- Excellent oral/written communication skills
- Comfortable with data analytics and communicating with charts & graphs
- Experience with databases and SQL
- Experience with coding in Python, R or other statistical modeling language
- Ability to work in a fast-paced organization and prioritize multiple initiatives
- Strong attention to detail and accuracy
Preferred Qualifications
- Masters Degree in Business, Economics, or Finance
- Strong knowledge and/or experience in the insurance or financial services industry
Working Conditions
- This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Baltimore or Philadelphia).
- Relocation assistance will not be provided for this position
- Travel as needed for internal meetings (<10%)
Compensation
The salary for this position generally ranges between $170,000 - $200,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus of 25% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.
Disclaimer:
Beware of fake job offers!
We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer—not through text or email.
#LI-HR1
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica’s Parent Company
Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
- As of December 31, 2023
Job Family
Operational RiskAbout Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.
Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.
We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Job Description Summary
Serve as the leader for Transamerica Model Risk Management (MRM) Analytics & Reporting.Job Description
Responsibilities
- Functional ownership of the MRM platform including data input, data integrity & completeness and platform-based reporting
-
Responsible for supporting BU teams with respect to:
- MRM governance training, compliance, and reporting
- MRM Platform training
- Model Validation Cycle planning & reporting
- Model Risk analytics & reporting
- Help design and prepare reporting materials for senior oversight committees and other stakeholders as needed
- Administer, analyze, maintain and evolve MRM’s model risk scoring system/process
- Support the model validation team with analytics & reporting as needed
- Help manage relationships with key BU stakeholders to drive and embed an enhanced model risk culture
Qualifications
- Bachelor’s degree in statistics, economics, finance, or relevant field
- 10+ years of experience in model risk management or internal controls, or equivalent management experience in an operational role with strong knowledge of model risk management or internal controls
- Progressive leadership experience in model risk management, internal controls, or relevant field
- Excellent oral/written communication skills
- Comfortable with data analytics and communicating with charts & graphs
- Experience with databases and SQL
- Experience with coding in Python, R or other statistical modeling language
- Ability to work in a fast-paced organization and prioritize multiple initiatives
- Strong attention to detail and accuracy
Preferred Qualifications
- Masters Degree in Business, Economics, or Finance
- Strong knowledge and/or experience in the insurance or financial services industry
Working Conditions
- This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Baltimore or Philadelphia).
- Relocation assistance will not be provided for this position
- Travel as needed for internal meetings (<10%)
Compensation
The salary for this position generally ranges between $170,000 - $200,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus of 25% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.
Disclaimer:
Beware of fake job offers!
We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer—not through text or email.
#LI-HR1
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica’s Parent Company
Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
- As of December 31, 2023
See All 18 Risk Management Analyst Jobs in Maryland
Find roles in Maryland that match your experience and apply in just a few clicks.
Find Risk Management Analyst JobsRisk Management Analyst Jobs by City in Maryland
Where Maryland roles are concentrated, by current openings.
Risk Management Analyst Job Market in Maryland
A snapshot from current Maryland openings, updated as new roles post.
Who's Hiring
What Maryland Employers Look For
The qualifications that appear most often in risk management analyst jobs across Maryland.
- Bachelor's degree in finance, business, accounting, or a related quantitative field
- Professional certification such as FRM, CRM, or PRM strongly preferred by Maryland employers
- Two or more years of experience in risk analysis, compliance, or a related analytical role
- Proficiency in risk assessment frameworks, data analysis tools, and Microsoft Excel or SQL
- Familiarity with federal and Maryland state regulatory requirements relevant to the industry
- Strong written and verbal communication skills for presenting findings to senior stakeholders
Risk Management Analyst Jobs in Maryland: Frequently Asked Questions
How do you become a risk management analyst in Maryland?
Most risk management analyst positions in Maryland require a bachelor's degree in finance, business, economics, or a related field as the baseline qualification. Maryland does not issue a state-specific license for this role, so employers rely heavily on professional credentials: the Financial Risk Manager designation from GARP or the Certified Risk Manager credential from the National Alliance are widely recognized. Candidates targeting federal contractor roles in the Maryland suburbs often benefit from security clearance eligibility as an additional differentiator.
How much do risk management analysts make in Maryland?
Risk management analysts in Maryland earn a median of about $117,130 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $73,330 for the lowest 10% to over $172,410 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire risk management analysts in Maryland?
Maryland risk management analyst roles are posted by E Logic, PEG, and GEICO and others right now, based on current listings on Migrate Mate as of October 2026. Maryland's mix of financial services firms, federal contractors, and large health insurers means demand is spread across multiple industries rather than concentrated in a single sector.
Which Maryland cities have the most risk management analyst jobs?
Baltimore, Bethesda, and Fort Meade account for the largest share of risk management analyst openings in Maryland. Baltimore drives volume through its concentration of financial institutions, health systems, and insurance carriers, while the D.C. suburban corridor in Montgomery and Prince George's counties generates steady demand from federal contractors and government-adjacent firms headquartered there.
Are there remote risk management analyst jobs in Maryland?
Yes, and more than most fields, because risk analysis is fundamentally desk-based and data-driven work that translates well to remote settings. About 75% of risk management analyst openings tied to Maryland are remote or hybrid as of October 2026, reflecting how broadly the role has shifted since the pandemic. Positions involving model validation, data analytics, and policy review tend to be the most remote-friendly, while roles requiring direct collaboration with compliance or audit teams are more likely to be hybrid.
How can I get hired as a risk management analyst in Maryland with little or no experience?
The most realistic entry path is targeting junior analyst or risk associate roles at Maryland's large financial institutions and insurance carriers, where rotational programs and structured associate cohorts are common. CareFirst BlueCross BlueShield, T. Rowe Price, and large federal contractors like Leidos regularly bring on candidates from adjacent roles such as financial analyst, compliance coordinator, or internal audit associate positions. Earning the Associate in Risk Management designation while building experience adds a credible credential that signals commitment to the field without requiring years of prior risk-specific work.
Where can I find and apply to risk management analyst jobs in Maryland?
You can find and apply to risk management analyst jobs in Maryland on Migrate Mate, which lists current openings from employers actively hiring in the state. Search the available roles, identify the ones that match your background and target location, and apply directly to the positions that fit.
See All 18 Risk Management Analyst Jobs in Maryland
Find roles in Maryland that match your experience and apply in just a few clicks.
Find Risk Management Analyst Jobs