Alternate Job Titles: Director of Risk Management, Risk Management Director
How much does a Risk Management Director make? The median annual Risk Management Director salary is $127,911, as of June 28, 2017, with a range usually between $111,005-$147,630, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Risk Management Director in the United States.
This chart describes the expected percentage of people who perform the job of Risk Management Director in the United States that make less than that annual salary. For example the median expected annual pay for a typical Risk Management Director in the United States is $127,911, so 50% of the people who perform the job of Risk Management Director in the United States are expected to make less than $127,911.
Source: HR Reported data as of June 28, 2017
This chart describes the expected percentage of people who perform the job of Risk Management Director that make less than that salary. For example 50% of the people who perform the job of Risk Management Director are expected to make less than the median.
Source: HR Reported data as of July 2017
Develops and administers risk management programs. Creates and modifies policies to comply with safety legislation and industry practices. Coordinates and develops organization-wide programs for risk-free services. Acts as the liaison to attorneys, insurance companies, and individuals. Investigates any incidences that may result in an asset loss. May hold designations such as Certified Internal Auditor (CIA) or Certified Public Accountant (CPA). Knowledge about legal issues around organization liability and insurance trends. Promotes organization-wide understanding about risks and risk management strategies. May require a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience. View full job description