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Risk Management Director Salary

Risk Management Directors in the United States see excellent average salaries — about $104K annually. In the world of Risk Management Directors, overall cash allowance can occasionally include more than $35K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $69K and $172K. Residence is the biggest factor affecting pay for this group, followed by experience level. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a large number. Men working as Risk Management Directors who took the survey just slightly outnumber women at 52 percent. Job satisfaction for Risk Management Directors is high. This report is based on responses to the PayScale salary survey.

$68,821 - $149,478
(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
$68,821 - $149,478  
   
Bonus
$0.00 - $35,355  
Profit Sharing
$0.00 - $20,398  
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).
)
$69,358 - $171,794  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 220
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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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Professional skills reported by Risk Management Directors are few in number. Risk Management / Risk Control and Insurance are considered valuable skills and can increase employee pay. Insurance and Risk Management / Risk Control are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Risk Management Director

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Survey participants with less than five years' experience pocket $82K on average, but those with five to 10 years of experience enjoy a much bigger median of $105K. People with 10 to 20 years of experience make an average of about $121K in this role. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $125K.

Related Job Salaries

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Experience Affects Risk Management Director Salaries

Late-Career
up arrow 12%

Experienced
up arrow 9%

National Average
$112,000

Mid-Career
up arrow 6%

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
37%
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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