The average salary for a Risk Management Specialist is $53,125 per year. Most people with this job move on to other positions after 20 years in this field.
Risk Management Specialist Total Pay (?
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.
)
$35,280 - $87,271
(Median)
35K
53K
69K
87K
MEDIAN: $53,125
10%
50%
75%
90%
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Risk Management Specialist Total Pay (?
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.
)
$12.89 - $25.58
(Median)
13
16
18
22
26
MEDIAN: $18.00
10%
25%
50%
75%
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$30K$60K$90K
Salary
$35,280 - $87,271  
   
Bonus
$0.00 - $10,225  
Profit Sharing
$750 - $2,800  
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).
)
$33,847 - $89,257  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 291
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
$12.89 - $25.58  
   
Overtime
$16.88 - $34.24  
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 - $10,225  
   
Profit Sharing
$750 - $2,800  
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).
)
$33,847 - $89,257  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 291
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Risk Management Specialist Job Listings

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Job Description for Risk Management Specialist
  • 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.
Pay by Experience Level for Risk Management Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Risk Management Specialist Salaries

Late-Career
up arrow 41%
Experienced
up arrow 35%
Mid-Career
up arrow 8%
National Average
$50,000
Entry-Level
up arrow 10%

Skills That Affect Risk Management Specialist Salaries

National Average
$50,000
Risk Management / Risk Control
up arrow 1%
Claim Handling
up arrow 10%
up arrow 10%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 63 votes.
Gender
Female
70%
female alumni
 
Male
30%
male alumni
Years of Experience
Less than 1 year
4%
1-4 years
41%
5-9 years
29%
10-19 years
22%
20 years or more
5%
Common Health Benefits
medical benefits Medical: 88% dental benefits Dental: 76%
vision benefits Vision: 64% employee benefits None: 12%
Find Out Exactly What You Should Be Paid
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