Average Risk Manager Salary in Canada

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The average salary for a Risk Manager in Canada is C$84,196.
MEDIAN C$84,196
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United States (change)
C$61k - C$118k
C$3k - C$21k
Profit Sharing
C$1k - C$15k
Total Pay
C$61k - C$130k

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Job Description for Risk Manager

Risk Manager Tasks
  • Design, implement, oversee, and manage the risk management plan.
  • Investigate and troubleshoot individual or organization-wide issues.
  • Review existing safety policies and update them to comply with legislation.
  • Coordinate risk management activities in order to prevent or isolate liabilities.

Popular Employer Salaries for Risk Manager

Career Paths

Explore the most common career paths for Risk Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Risk Manager
Senior Risk Manager
Risk Analyst
Safety and Risk Manager, Insurance
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Risk Manager Job Listings

Popular Skills for Risk Manager

Skills in Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Insurance, Regulatory Compliance, Data Analysis and Project Management.

Pay by Experience Level for Risk Manager

An entry-level Risk Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$70,000 based on 5 salaries. An early career Risk Manager with 1-4 years of experience earns an average total compensation of C$77,411 based on 52 salaries. A mid-career Risk Manager with 5-9 years of experience earns an average total compensation of C$85,893 based on 65 salaries. An experienced Risk Manager with 10-19 years of experience earns an average total compensation of C$98,422 based on 35 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$98,524.
Employees with Risk Manager in their job title in Montréal, Québec earn an average of 18.8% more than the national average. These job titles also find higher than average salaries in Vancouver, British Columbia (12.9% more) and Calgary, Alberta (6.9% more). The lowest salaries can be found in Edmonton, Alberta (18.3% less) and Victoria, British Columbia (8.0% less).

Years of Experience

This data is based on 176 survey responses.
Entry Level
Early Career
Mid Career
Late Career