Salary for
Risk Management Director in the United States

How much does a Risk Management Director earn in the United States? The average Risk Management Director salary in the United States is $135,320 as of March 28, 2019, but the range typically falls between $117,432 and $156,170. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View Cost of Living in Major Cities

Job Description

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.

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Salary range for a Risk Management Director
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Average Base Salary

Core compensation

 
 
 
117432
156170
135320

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
127672
180968
153045
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Risk Management Director in the United States. The base salary for Risk Management Director ranges from $117,432 to $156,170 with the average base salary of $135,320. The total compensation, which includes bonus, health and retirement, can vary anywhere from $127,672 to $180,968 with the average total compensation of $153,045.
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117432
156170
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Career Path for this job

  1. Down a level:

    Risk Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Risk Management Director


    Bachelor's Degree

  3. Up a level:

    Top Risk Management Executive


    Bachelor's Degree

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Job Openings for Risk Management Director