Risk Manager in Chicago, Illinois Salary

A Risk Manager in Chicago, Illinois earns an average salary of $90,000 per year. A skill in Insurance is associated with high pay for this job.

$58,828 - $145,103
$59K
$86K
$150K
MEDIAN: $86,445
10%
50%
90%

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Local 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$60K$120K$180K
Salary
$58,828 - $145,103  
   
Bonus
$4,000 - $25,434  
Profit Sharing
$3,500  
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).
)
$59,994 - $155,000  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 29

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United States (change)

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About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Risk Manager Job Listings

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Pay by Experience Level for Risk Manager

Pay by Experience for a Risk Manager has a positive trend. An entry-level Risk Manager with less than 5 years of experience can expect to earn an average total compensation of $102,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Risk Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $89,000 based on 10 salaries. An experienced Risk Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 10 salaries. A Risk Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $126,000 based on 5 salaries.

Key Stats for Risk Manager

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
1-4 years
21%
5-9 years
28%
10-19 years
34%
20 years or more
17%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Risk Manager Salaries

Late-Career
▲28%

Entry-Level
▲4%

National Average
$98,000

Mid-Career
▼9%

▼14%

Skills That Affect Risk Manager Salaries

Insurance
▲25%

Regulatory Compliance
▲3%


National Average
$98,000

Claim Handling
▼5%

Project Management
▼17%

Job Satisfaction

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

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
21%
5-9 years
28%
10-19 years
34%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 83%
vision benefits
Vision: 48%
no benefits
None: 4%
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