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Risk Management Manager Salary

The average pay for a Risk Management Manager is $87,822 per year.
$52,164 - $131,184
(Median)
$52K
$88K
$130K
MEDIAN: $87,822
10%
50%
90%

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$14.03 - $46.23
(Median)
$14
$26
$46
MEDIAN: $25.00
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$50K$100K$150K
Salary
$52,164 - $131,184  
   
Bonus
$1,961 - $25,397  
Profit Sharing
$1,021 - $19,392  
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).
)
$51,055 - $146,257  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 464
National Hourly Rate 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$25$50$75
Hourly Rate
$14.03 - $46.23  
   
National Annualized 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$50K$100K$150K
Bonus
$1,961 - $25,397  
   
Profit Sharing
$1,021 - $19,392  
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).
)
$51,055 - $146,257  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 28
United States (change)

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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Pay by Experience Level for Risk Management Manager

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

Related Job Salaries

Experience Affects Risk Management Manager Salaries

Late-Career
up arrow 18%

Experienced
up arrow 10%

Mid-Career
up arrow 4%

National Average
$93,000

Entry-Level
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 131 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
34%
10-19 years
30%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 67% employee benefits None: 7%