Risk Management Specialist Salary

The average salary for a Risk Management Specialist is $53,217 per year. Most people with this job move on to other positions after 20 years in this field.
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$35,840 - $92,043
(Median)
$36K
$53K
$92K
MEDIAN: $53,216
10%
50%
90%

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$13.58 - $24.99
(Median)
$14
$19
$25
MEDIAN: $18.00
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$31K$62K$93K
Salary
$35,840 - $92,043  
   
Bonus
$0.00 - $10,248  
Profit Sharing
$0.00 - $3,878  
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).
)
$33,832 - $88,719  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 237
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$15$30$45
Hourly Rate
$13.58 - $24.99  
   
Overtime
$0.00 - $35.00  
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$30K$60K$90K
Bonus
$0.00 - $10,248  
   
Profit Sharing
$0.00 - $3,878  
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).
)
$33,832 - $88,719  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 85
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Job Description for Risk Management Specialist

Risk management specialists work to minimize many forms of risks to their companies' financial standings, and may focus on areas such as safety or material loss. In any case, they must develop comprehensive plans for risk management and direct them for implementation.

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Risk Management Specialist Tasks

  • Process and respond to workers' compensation, liability, and other legal and insurance filings and adjustments.
  • Present risk analyses to consumers, decision-makers or management, making recommendations for action.
  • Conduct statistical and in-person analyses to identify and categorize risk and potential risk.
  • Assist in developing risk mitigation strategies and implementing them.

Risk Management Specialist Job Listings

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Pay by Experience Level for Risk Management Specialist

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

Related Job Salaries

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Experience Affects Risk Management Specialist Salaries

Experienced
up arrow 24%

Late-Career
up arrow 17%

Mid-Career
up arrow 4%

National Average
$50,000

Entry-Level
up arrow 4%

Skills That Affect Risk Management Specialist Salaries

National Average
$50,000

Risk Management / Risk Control
up arrow 1%


Claim Handling
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
32%
10-19 years
22%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 74%
vision benefits Vision: 66% employee benefits None: 12%
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