Risk Management Director Salary

Risk Management Directors in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $106K) surpassing six figures annually. With some bonuses approaching $39K and certain profit sharing proceeds approaching $20K, overall incomes of Risk Management Directors spread between $70K and $175K depending on individual performance. Location and career duration each impact pay for this group, with the former having the largest influence. For the most part, Risk Management Directors enjoy their work and report high levels of job satisfaction. Women are just slightly outnumbered, with male Risk Management Directors making up 51 percent of survey respondents. Almost all enjoy medical and dental coverage in this occupation, and a large number get vision benefits. This overview is based on answers to PayScale's salary questionnaire.

$69,301 - $150,647
MEDIAN: $106,201

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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.
$69,301 - $150,647  
$0.00 - $39,305  
Profit Sharing
$0.00 - $20,180  
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).
$69,898 - $175,138  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 270
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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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Popular Skills for

Survey takers who work as Risk Management Directors usually report a few specific skills. Most notably, skills in Risk Management / Risk Control, Insurance, Regulatory Compliance, and Safety Compliance are correlated to pay that is above average. At the other end of the pay range are skills like Safety Compliance. Competency in Insurance frequently indicates knowledge of Risk Management / Risk Control.

Pay by Experience Level for

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

Experience and pay tend to be weakly linked for Risk Management Directors — those with more experience do not necessarily bring in higher earnings. Salaries for the relatively untried average out to around $87K, but survey participants with five to 10 years of experience earn a significantly higher median of $106K. On average, Risk Management Directors make $124K following one to two decades on the job. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $128K.

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Experience Affects Salaries

up arrow 12%

up arrow 8%

National Average

up arrow 8%

up arrow 24%

Skills That Affect Salaries

Risk Management / Risk Control
up arrow 3%

up arrow 2%

Regulatory Compliance
up arrow 1%

National Average

Safety Compliance
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.


49 %
51 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 91%
vision benefits Vision: 82% employee benefits None: 2%