How much does a Risk Manager make? The median annual Risk Manager salary is $106,827, as of June 28, 2017, with a range usually between $92,641-$122,970, 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 Manager in the United States.
This chart describes the expected percentage of people who perform the job of Risk Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Risk Manager in the United States is $106,827, so 50% of the people who perform the job of Risk Manager in the United States are expected to make less than $106,827.
Source: HR Reported data as of June 28, 2017
This chart describes the expected percentage of people who perform the job of Risk Manager that make less than that salary. For example 50% of the people who perform the job of Risk Manager are expected to make less than the median.
Source: HR Reported data as of July 2017
Develops and administers risk-management and loss-prevention programs. Initiates policies to comply with safety legislation and industry practices. Researches and reports on the most cost effective plans to minimize asset liability. Acts as the liaison to attorneys, insurance companies and individuals, investigating any incidences that may result in asset loss. Reviews and analyzes risk management programs for the effectiveness of coverage and to reduce costs and losses. Requires a bachelor's degree. Typically reports to top management. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. View full job description