CareFirst Careers

Manager, Risk Management (Hybrid)

This job posting is no longer active

Resp & Qualifications


Responsible for development and execution of effective risk management and insurance programs; serves as a dedicated resource to several business units of the Company. Coordinates and leads risk assessment and drives cost-effective risk management strategies to manage insurance costs, contractual risk transfer, loss mitigation programs and claims. 


  • Proactively mitigate risk in collaboration with other stakeholders, such as Legal, Operations Management, Security, and Employee Health & Safety. Design and implement risk mitigation strategies. 
  • Manage contractual risk transfer via continuous improvement of contract review process and customized insurance boilerplate language work with business partners to assist with review and negotiation of desired insurance language company agreements. 
  • Act as the key liaison between the business units and the risk management group by promoting a positive environment of collaboration and excellent customer service. Provide support, education and training to staff to build risk awareness within the organization.
  • Manage claims for assigned coverage lines, in coordination with internal stakeholders, TPAs and Legal. Identify and drive loss mitigation opportunities based on contractual rights and claims data analytics. Ensure key stakeholders are updated on claims trending. 



Education Level: Bachelor's Degree Finance, Accounting, Business or related fieldOR In lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 5 years Risk management or related risk assessment field as well as previous financial institution experience required. 1 year supervisory or demonstrated leadership experience.

Knowledge, Skills and Abilities (KSAs)

  • Strong leadership and project management skills with ability to manage multiple competing priorities 
  • Excellent self-management skills taking initiative and assuming responsibility for team objectives and initiatives.  
  • Proficiency in preparing and presenting information in a clear and concise manner to senior leaders.
  • Must be able to effectively work in a fast-paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time. Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

    Salary Range: $100,160 - $185,922


Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).


(Enterprise Risk Management)

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Where To Apply

Please visit our website to apply:

Federal Disc/Physical Demand

Note:  The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.


The associate is primarily seated while performing the duties of the position.  Occasional walking or standing is required.  The hands are regularly used to write, type, key and handle or feel small controls and objects.  The associate must frequently talk and hear.  Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship


Not finding the right job?
Stay informed about future openings by joining one of our Talent Networks!

Learn more about Audit & Legal