CareFirst Careers

Senior Risk Management Analyst (Hybrid)

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Resp & Qualifications

The Senior Risk Management Analyst is responsible for supporting the risk management team in the overall governance and execution of the enterprise risk assessment program designed to ensure appropriate identification, assessment, analysis, treatment, ongoing monitoring and reporting of enterprise level risks. 


  • Contribute to the completion of the annual enterprise risk assessment and operational risk assessments through discussions with senior leadership, analysis of data collected and reporting of assessment results.  Partner with business owners to understand risk mitigation strategies, identify additional treatment activities as necessary, and align on metrics and data used to monitor risk exposure on an ongoing basis.  Track and monitor evolving risks and threats (internal and external) maintained within the centralized repository to provide appropriate level of support to stakeholders to assess and mitigate risk.


  • Collaborate with internal teams and key subject matter resources across all relevant risk domains to maintain frameworks to meet industry standards and to identify synergies between programs.  Contribute to the development of enterprise-wide training and awareness materials that educate associates and leadership on best practices, pervasive operational risk management issues, and risk management tools and processes. Plan, coordinate and execute monthly enterprise risk workgroup and committee meetings to facilitate discussion around risk related topics amongst a broader stakeholder group. 


  • Partner with relevant stakeholder groups to ensure alignment of program methodology and the identification of risks to the organizations strategic goals and objectives.  Collaborate with business owners across the enterprise to operationalize risk appetite and risk tolerance frameworks. 


  • Assist in the preparation of quarterly reports and dashboards to governance committees, senior leadership and the Board of Directors to provide updates on trends in risk exposure of top enterprise risks. 


  • Perform ad hoc projects as necessary to continuously review and improve the overall program to drive maturation. 


Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.


Education Level: Bachelor's Degree OR 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 experience in a risk management, third party risk management, audit, compliance, security governance or legal services role.

Preferred Qualifications:

  • Background/experience in establishing and implementing enterprise risk management programs.
  • Ability to communicate and interact effectively with all levels of personnel throughout the organization.
  • Excellent written and verbal communication.

Knowledge, Skills and Abilities (KSAs)

  • Ability to successfully manage multiple priorities, strong time management and prioritization skills.
  • Dependable, highly motivated team player.
  • An analytical mind and a passion/interest in bringing new ideas to increase efficiency of processes.
  • Willingness to take on new projects and learn new skills. 
  • Ability to extract meaningful information from extensive research and analysis to effectively present facts and results in a digestible format with a keen eye for attention to detail.

Salary Range: $70,848 - $140,712


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.


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