Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Risk Management Consultant Salary (United States)

Risk Management Consultants in the United States take home approximately $74K per year on average. Total cash compensation for Risk Management Consultants runs from $51K to $130K depending on bonuses that can occasionally exceed $20K and profit sharing that can reach almost $10K. This group's pay is mainly influenced by location, followed by years of experience and the individual firm. Most Risk Management Consultants like their work and job satisfaction is high. Most people who answered the questionnaire are men; 67 percent of Risk Management Consultants are male. Medical benefits are awarded to a large number, and most earn dental coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Risk Management Consultant Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$50,889 - $114,582
(Median)
51K
74K
92K
110K
MEDIAN: $74,429
10%
50%
75%
90%
Add this chart to your site: 640px    300px
Risk Management Consultant Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$20.13 - $198.66
(Median)
20
52
76
200
MEDIAN: $52.00
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$50,889 - $114,582  
   
Bonus
$511 - $20,104  
Profit Sharing
$293.61 - $10,213  
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).
)
$51,234 - $130,221  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 308
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70$140$210
Hourly Rate
$20.13 - $198.66  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$140K$280K$420K
Bonus
$511 - $20,104  
   
Profit Sharing
$293.61 - $10,213  
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).
)
$51,234 - $130,221  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 10
Is Risk Management Consultant your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Risk Management Consultant

Risk management consultants analyze all aspects of the company - including financial, technology, and general business - to determine risk levels and opportunities to mitigate them. This involves working directly with stakeholders to determine standards and policies for analysis, litigation, investigations, and policies. On a day-to-day basis, the job mostly consists of activities such as user profiling, auditing, and collaboration with teams such as security operations. The consultant creates reports and analyses based on research, then presents them to management and stakeholders to determine the best available plan of action.
Read More...
Risk Management Consultant Tasks
  • Evaluate compliance with state and federal policy.
  • Propose best practice and risk mitigation and management strategies.
  • Identify, analyze, and monitor risk.
  • Create solutions and management strategies for potential clients.

Risk Management Consultant Job Listings

Search for more jobs:
job title / company
location

Popular Employer Salaries for Risk Management Consultant

Employees of Deloitte & Touche LLP can expect to make the most, with the company offering a median salary of $87K; however, pay is widely dispersed from bottom to top, ranging from $51K to $117K.
Wells Fargo Bank offers the least money; the median income there is just $77K. The pay range is also pretty narrow, as compensation generally sits between $50K and $164K.

Survey takers who work as Risk Management Consultants usually report a few specific skills. Those who have experience with Risk Consulting, Risk Management / Risk Control, and Data Analysis can expect to be compensated well for these skills. Data Analysis, on the other hand, is typically associated with much lower pay.

Pay by Experience Level for Risk Management Consultant

Median of all compensation (including tips, bonus, and overtime) by years of experience.
More years of relevant experience do not necessarily translate to higher paychecks. The average worker who claims fewer than five years of experience earns around $65K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $93K. Risk Management Consultants bring in $94K after working for 10 to 20 years. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $97K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference By Location

New York
up arrow 32%
San Francisco
up arrow 29%
Boston
up arrow 13%
National Average
$79,000
Charlotte
up arrow 5%
St. Louis
up arrow 8%
Washington
up arrow 13%
Chicago
up arrow 17%
Larger circles over a city indicate a job is popular in that location.
Home to some of the best pay for Risk Management Consultants, New York offers exceptional salaries, 32 percent above the national average. Risk Management Consultants will also find cushy salaries in San Francisco (+29 percent) and Boston (+13 percent). Chicago is the lowest-paying area, 17 percent south of the national average. Not at the bottom but still paying below the median are employers in Washington and St. Louis (13 percent lower and 8 percent lower, respectively).

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Risk Management Consultant Salaries

Late-Career
up arrow 22%
Experienced
up arrow 19%
Mid-Career
up arrow 17%
National Average
$79,000

Skills That Affect Risk Management Consultant Salaries

Risk Consulting
up arrow 4%
Risk Management / Risk Control
up arrow 1%
National Average
$79,000
Data Analysis
up arrow 24%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 57 votes.

Gender

Female
33%
female alumni
 
Male
67%
male alumni

Years of Experience

Less than 1 year
9%
1-4 years
34%
5-9 years
27%
10-19 years
19%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 83%
vision benefits Vision: 70% employee benefits None: 8%