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Risk Management Director Salary

Salaries for Risk Management Directors in the United States are generous, with average pay above six figures ($103K) per year. In the world of Risk Management Directors, overall cash allowance can occasionally include more than $36K from bonuses and, in some exceptional cases, $19K from profit sharing, causing incomes to vary widely between $69K and $170K. Geography and career length each impact pay for this group, with the former having the largest influence. Women make up a slight majority of Risk Management Directors (50 percent) survey respondents. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Work is enjoyable for Risk Management Directors, who typically claim high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$68,608 - $148,492
(Median)
$69K
$100K
$150K
MEDIAN: $102,766
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
$68,608 - $148,492  
   
Bonus
$0.00 - $36,065  
Profit Sharing
$0.00 - $19,392  
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).
)
$69,134 - $170,431  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 215

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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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Survey takers who work as Risk Management Directors usually report a few specific skills. Risk Management / Risk Control and Insurance are considered valuable skills and can increase employee pay. It is not unusual for someone who knows Insurance to be familiar with Risk Management / Risk Control as well.

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. In this occupation, salaries for the relatively untested average out to $78K, but folks in the five-to-10 year range enjoy a much heftier median of $102K. Risk Management Directors claiming one to two decades of experience make an estimated median of $118K. Risk Management Directors who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $124K on average.

Related Job Salaries

United States (change)

Experience Affects Risk Management Director Salaries

Late-Career
up arrow 13%

Experienced
up arrow 7%

National Average
$109,000

Mid-Career
up arrow 7%

Entry-Level
up arrow 29%

Skills That Affect Risk Management Director Salaries

Risk Management / Risk Control
up arrow 4%

National Average
$109,000

Insurance
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
18%
10-19 years
38%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 89%
vision benefits Vision: 78% employee benefits None: 2%