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Risk Management Director Salary

Risk Management Directors receive generous compensation in the United States — earning an average of $104K per year, their standard salaries shoot well into the six-figure range. Including potential for bonuses and profit sharing — peaking near $36K and $20K, respectively — total cash payment to Risk Management Directors can bottom out near $69K or peak near $171K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by years of experience. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a large number. Most Risk Management Directors like their work and job satisfaction is high. Men make up a slight majority of Risk Management Directors (52 percent) who responded to the survey. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$68,737 - $149,271
(Median)
$69K
$100K
$150K
MEDIAN: $104,222
10%
50%
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$60K$120K$180K
Salary
$68,737 - $149,271  
   
Bonus
$0.00 - $35,608  
Profit Sharing
$0.00 - $20,488  
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).
)
$69,269 - $171,062  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 218

Find Out Exactly What You Should Be Paid

United States (change)


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Job Description for Risk Management Director

  • Examine and analyze risk data to determine potential loss.
  • Plan and direct the risk management program.
  • Oversee staff operations, business planning and budget development.
  • Direct staff in effective and efficient use of programs that promote quality processes.

Risk Management Director Job Listings

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Job skills reported by Risk Management Directors are limited. Risk Management / Risk Control and Insurance are considered valuable skills and can increase employee pay. Experience with Insurance is often linked with knowledge of Risk Management / Risk Control.

Pay by Experience Level for Risk Management Director

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


For many Risk Management Directors, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Although employees with less than five years' experience earn around $82K on average, the five-to-10 year group has a much higher, six-figure median of $106K. Risk Management Directors claiming one to two decades of experience make an estimated median of $121K. Risk Management Directors who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $125K.

Related Job Salaries

United States (change)

Experience Affects Risk Management Director Salaries

Late-Career
up arrow 12%

Experienced
up arrow 9%

National Average
$112,000

Mid-Career
up arrow 5%

Entry-Level
up arrow 27%

Skills That Affect Risk Management Director Salaries

Risk Management / Risk Control
up arrow 4%

Insurance
up arrow 1%

National Average
$112,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
18%
10-19 years
36%
20 years or more
35%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 90%
vision benefits Vision: 80% employee benefits None: 2%
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