Risk Management Director Salary

Wages for Risk Management Directors in the United States are generous, with average pay above six figures ($105K) per year. Overall cash earnings for Risk Management Directors stretch from $69K on the lower end to $172K near the top, and the heftiest packages can encompass around $36K from bonuses and $20K from profit sharing. Location is the biggest factor affecting pay for this group, followed by experience level. Women are just slightly outnumbered, with male Risk Management Directors making up 50 percent of survey respondents. Medical benefits are awarded to nearly all, and almost all earn dental coverage. Most Risk Management Directors like their work and job satisfaction is high. The numbers in this rundown were provided by PayScale's salary survey participants.

$68,481 - $148,895

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$68,481 - $148,895  
   
Bonus
$0.00 - $36,065  
Profit Sharing
$0.00 - $20,111  
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).
)
$69,069 - $171,761  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 238
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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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Risk Management Directors typically list a handful of skills they use on the job. Risk Management / Risk Control and Insurance are considered valuable skills and can increase employee pay. Competency in Insurance frequently indicates 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.


Risk Management Directors with a lot of experience do not necessarily enjoy more money. Respondents with less than five years' experience take home $83K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $104K. Risk Management Directors claiming one to two decades of experience make an estimated median of $120K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $125K.

Related Job Salaries

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Experience Affects Risk Management Director Salaries

Late-Career
up arrow 11%

Experienced
up arrow 7%

National Average
$112,000

Mid-Career
up arrow 7%

Entry-Level
up arrow 26%

Skills That Affect Risk Management Director Salaries

Risk Management / Risk Control
up arrow 2%

Insurance
up arrow 2%

National Average
$112,000

Job Satisfaction

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

Gender

Female
50 %
Male
50 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 90%
vision benefits Vision: 82% employee benefits None: 2%
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