Risk Control Consultant Salary
Earnings for Risk Control Consultants in the United States come in at around $72K annually on average. Career length is the biggest factor affecting pay for this group, followed by geography. Most claim medical and dental insurance and a strong majority get vision coverage. Most workers in this position report high levels of job satisfaction. Making up 73 percent of those who took the survey, male Risk Control Consultants greatly outnumber their female counterparts. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
|Salary||$53,661 - $97,832|
|Bonus||$0.00 - $12,164|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$54,241 - $102,747|
Job Description for Risk Control Consultant
Risk control consultants generally work for insurance companies, though experienced consultants may work independently and serve multiple insurance companies. These consultants must be thoroughly knowledgeable of risk management and loss control technical disciplines and should have, or be willing to obtain, professional designations such as associate in risk management (ARM) and other safety-related designations.Read More...
A bachelor’s degree in accounting, finance, business management, or risk management is generally required for this position, though some employers may accept candidates who have significant work experience in risk management and/or loss control. Strong computer skills and proficiency in Microsoft Office (Word, Excel, Outlook, Powerpoint) are also required, as risk control consultants are expected to use automated tools and computer technology to perform their duties. They must also be willing to travel by air, car, or rail, and overnight travel is often necessary.
Risk control consultants must have good customer service and interpersonal skills, as well as analytical skills and excellent oral and written communication. The ability to speak two languages, such as English and Spanish, is highly beneficial for applicants. Aspiring risk control consultants should also be physically fit, as they are often required to access elevated locations when performing loss control surveys, and willing to work while exposed to extreme heat or cold, chemicals, electrical current, or other conditions. They may also be required to train, coach, and mentor new and junior risk control consultants.
Risk Control Consultant Tasks
- Provide support to the underwriting process by providing an overall opinion of the risk.
- Implement programs using generally accepted project management and consulting practices.
- Develop custom solutions and advise clients on best practices in risk mitigation and safety management strategies.
- Perform accident investigations and client based consultative services, including evaluations of risk management programs and safety procedures.
- Perform loss control surveys of property and casualty exposures.
Risk Control Consultant Job Listings
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Pay by Experience Level for Risk Control Consultant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Risk Control Consultants do not generally earn higher incomes from more experience in the field. Workers with less than five years' experience earn around $64K on average, and those who have five to 10 years under their belts see a higher median salary of $73K. Risk Control Consultants who work for 10 to 20 years in their occupation tend to earn about $78K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $94K.
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Key Stats for Risk Control Consultant
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