Risk Management Consultant Salary (United States)

A Risk Management Consultant earns an average salary of $74,265 per year. For the first five to ten years in this position, salary increases steeply, but any additional experience does not have a big effect on pay.
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.
)
$50,790 - $114,484
(Median)
51K
74K
92K
110K
MEDIAN: $74,264
10%
50%
75%
90%
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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
$50,790 - $114,484  
   
Bonus
$-0.47 - $20,209  
Profit Sharing
$150.00 - $12,500  
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).
)
$51,169 - $132,248  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 296
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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.
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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

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Pay by Experience Level for Risk Management Consultant

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

San Francisco
up arrow 41%
New York
up arrow 25%
Boston
up arrow 13%
National Average
$79,000
Charlotte
up arrow 5%
St. Louis
up arrow 9%
Chicago
up arrow 13%
Washington
up arrow 18%
Larger circles over a city indicate a job is popular in that location.

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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 Management / Risk Control
0%
National Average
$79,000
Risk Consulting
up arrow 4%
Data Analysis
up arrow 22%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 56 votes.

Gender

Female
33%
female alumni
 
Male
67%
male alumni

Years of Experience

Less than 1 year
9%
1-4 years
33%
5-9 years
29%
10-19 years
18%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 82%
vision benefits Vision: 69% employee benefits None: 9%