A Risk Management Manager earns an average salary of $91,375 per year. A skill in Regulatory Compliance is associated with high pay for this job. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience.

$57,186 - $134,444
$57K
$91K
$130K
MEDIAN: $91,375
10%
50%
90%

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$15.21 - $59.18
$15
$28
$59
MEDIAN: $28.00
10%
50%
90%

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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$50K$100K$150K
Salary
$57,186 - $134,444  
   
Bonus
$1,970 - $25,342  
Profit Sharing
$0.00 - $10,304  
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).
)
$54,983 - $145,632  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 239
National Hourly Rate 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$25$50$75
Hourly Rate
$15.21 - $59.18  
   
Overtime
$30.00  
National Annualized 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$50K$100K$150K
Bonus
$1,970 - $25,342  
   
Profit Sharing
$0.00 - $10,304  
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).
)
$54,983 - $145,632  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 11

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Risk Management Manager

Risk management managers are in charge of managing a group of analysts to identify and eliminate business risks for their organization. They are responsible for conducting risk assessments and creating business reports for future decision-making tasks. Risk management managers use their expertise and analytical abilities to transform risk analysis into tangible results and/or business recommendations; they convey this complex information to managers in their organization, interpreting data in a reliable and understandable manner. These managers identify possible financial opportunities to solve business obstacles and improve efficiency, as well as assist with the implementation of business strategies and help with planning using previous feedback. They must create strong business relationships with internal departments and ensure process integrity by setting up strict business requirements and eliminating risk as needed.

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Risk Management Manager Tasks

  • Coordinate economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities from risk.
  • Identify, assess, and prioritize risks.

Common Career Paths for Risk Management Manager


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Risk Management Manager Job Listings

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Popular Skills for Risk Management Manager

Pay by Experience Level for Risk Management Manager

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

Pay Difference by Location

National Average: $95,698

Larger city markers indicate a job is popular in that location.

Risk Management Manager Advice

Q: What is it like working as a Risk Management Manager?

Risk Management Manager in Singapore:
"Effective communication is key for effective production."
I believe effective productivity relies on good habits and procedures. Acceptance and repetition of a companies procedures will allow an employee to be more effective and more productive on a daily basis. A professional should be able to be clear about is scope of work and organize itself everyday to exceed the companies expectation.

Related Job Salaries

Key Stats for Risk Management Manager

Gender

Female
54 %
Male
46 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.
028
Less than 1 year
2%
1-4 years
20%
5-9 years
25%
10-19 years
28%
20 years or more
25%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Risk Management Manager Salaries



National Average
$96,000


Entry-Level
up arrow 20%

Skills That Affect Risk Management Manager Salaries




National Average
$96,000

Claim Handling
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
2%
1-4 years
20%
5-9 years
25%
10-19 years
28%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 82%
vision benefits
Vision: 77%
dental benefits
None: 7%
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