Risk Management Specialist Salary

The average pay for a Risk Management Specialist is $55,268 per year. People in this job generally don't have more than 20 years' experience. A skill in Claim Handling is associated with high pay for this job.
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$37,950 - $93,734
(Median)
$38K
$55K
$94K
MEDIAN: $55,267
10%
50%
90%

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$13.84 - $25.86
(Median)
$14
$19
$26
MEDIAN: $18.00
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$32K$64K$96K
Salary
$37,950 - $93,734  
   
Bonus
$0.00 - $13,186  
Profit Sharing
$0.00 - $14,500  
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).
)
$33,909 - $91,104  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 249
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$16$32$48
Hourly Rate
$13.84 - $25.86  
   
Overtime
$0.00 - $35.48  
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$32K$64K$96K
Bonus
$0.00 - $13,186  
   
Profit Sharing
$0.00 - $14,500  
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).
)
$33,909 - $91,104  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 88
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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 23%

Late-Career
up arrow 23%

Mid-Career
up arrow 2%

National Average
$51,000

Entry-Level
up arrow 5%

Skills That Affect Risk Management Specialist Salaries

Claim Handling
up arrow 25%

National Average
$51,000

Risk Management / Risk Control
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
4%
1-4 years
39%
5-9 years
30%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
medical benefits
Vision: 67%
dental benefits
None: 11%
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