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Risk Manager Salary (United States)

The average pay for a Risk Manager is $82,570 per year. Skills that are associated with high pay for this job are Risk Consulting, Security Risk Management, SAS, Financial Analysis, and Data Analysis.
Risk Manager Salary (?
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.
)
$52,135 - $120,894
(Median)
52K
65K
83K
100K
120K
MEDIAN: $82,569
10%
25%
50%
75%
90%
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Risk Manager Salary (?
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.
)
$17.65 - $40.85
(Median)
18
21
26
35
41
MEDIAN: $25.00
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$50K$100K$150K
Salary
$52,135 - $120,894  
   
Bonus
$0.00 - $24,824  
Profit Sharing
$229.34 - $11,000  
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).
)
$51,486 - $136,048  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 853
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
$17.65 - $40.85  
   
Overtime
$0.00 - $54.30  
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
$0.00 - $24,824  
   
Profit Sharing
$229.34 - $11,000  
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).
)
$51,486 - $136,048  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 48
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Job Description for Risk Manager

A risk manager is someone who is responsible for handling the threats that are directed toward the progress of a business or organization. Risk managers not only protect the company, but they also protect the company's assets, income, employees, reputation, and shareholders. In some companies, risk managers set up procedures and handle the legal risks, and some of them specialize in data risk and technology. Risk managers help to design, implement, oversee, and manage the risk management plan. They coordinate risk management activities in order to prevent or isolate liabilities. Risk managers also review existing safety policies and update them to comply with legislation. They also investigate and troubleshoot individual or organization-wide issues. They must identify trouble before it occurs and communicate their findings to other people within the organization. Risk managers construct their reports according to the needs of their audience. They can report their findings to the board of directors and even the employees. The board of directors' report could be more general and help the members better understand the threats. The employees can receive a report to help them better understand and acknowledge the possible risks that may be created by their job. Risk managers protect the organization from any legal costs, and they can also provide training to company managers on how to stay within proper legal boundaries when running their company. The managers must have a certain level of education and experience in order to do their jobs well. In any company, there are always risks. A risk manager's career is very attainable and is an occupation that will forever be in high demand.
Risk Manager Tasks
  • Review existing safety policies and update them to comply with legislation.
  • Coordinate risk management activities in order to prevent or isolate liabilities.
  • Design, implement, oversee, and manage the risk management plan.
  • Investigate and troubleshoot individual or organization-wide issues.

Common Career Paths for Risk Manager

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Risk Manager Job Listings

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Popular Skills for Risk Manager

Pay by Experience Level for Risk Manager

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

Pay Difference By Location

up arrow 43%
Columbus
up arrow 42%
San Francisco
up arrow 30%
Washington
up arrow 28%
up arrow 24%
Charlotte
up arrow 23%
Boston
up arrow 18%
Phoenix
up arrow 14%
up arrow 12%
Irvine
up arrow 2%
National Average
$85,000
Minneapolis
up arrow 3%
Dallas
up arrow 4%
Richmond
up arrow 4%
Atlanta
up arrow 9%
Tampa
up arrow 12%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Risk Manager Salaries

National Average
$85,000

Skills That Affect Risk Manager Salaries

Risk Consulting
up arrow 76%
Security Risk Management
up arrow 40%
SAS
up arrow 16%
Financial Analysis
up arrow 12%
Data Analysis
up arrow 12%
Internal Audit
up arrow 6%
Risk Management / Risk Control
up arrow 4%
Project Management
up arrow 1%
National Average
$85,000
Insurance
up arrow 3%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 191 votes.

Gender

Female
46%
female alumni
 
Male
54%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
20%
5-9 years
31%
10-19 years
32%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 81%
vision benefits Vision: 69% employee benefits None: 8%