Risk Management Manager Salary

A Risk Management Manager earns an average salary of $89,836 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience.

$56,820 - $138,832
(Median)
$57K
$90K
$140K
MEDIAN: $89,835
10%
50%
90%

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$12.44 - $47.03
(Median)
$12
$27
$47
MEDIAN: $26.00
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$60K$120K$180K
Salary
$56,820 - $138,832  
   
Bonus
$1,985 - $27,030  
Profit Sharing
$0.00 - $19,271  
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).
)
$55,286 - $151,880  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 359
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$30$60$90
Hourly Rate
$12.44 - $47.03  
   
Overtime
$31.00  
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$60K$120K$180K
Bonus
$1,985 - $27,030  
   
Profit Sharing
$0.00 - $19,271  
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).
)
$55,286 - $151,880  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 23
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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.

Risk Management Manager Advice

What do you wish you knew about your job when you first started out?

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

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Experience Affects Risk Management Manager Salaries

Experienced
up arrow 19%

Late-Career
up arrow 11%

Mid-Career
up arrow 2%

National Average
$93,000

Entry-Level
up arrow 20%

Skills That Affect Risk Management Manager Salaries

Risk Management / Risk Control
up arrow 1%

National Average
$93,000

Regulatory Compliance
up arrow 3%

Insurance
up arrow 15%

Claim Handling
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
34%
10-19 years
30%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 85%
medical benefits
Vision: 72%
dental benefits
None: 8%
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