£50,108
Avg. Salary

Average additional compensation for this job:

Bonus

£5,046

Profit Sharing

£850

The average pay for a Risk Manager is £50,054 per year. Skills that are associated with high pay for this job are Project Management and SAS. Most people with this job move on to other positions after 20 years in this field.

£32,441 - £78,006
£32K
£50K
£78K
MEDIAN: £50,108
10%
50%
90%
£9.71 - £63.87
£26
MEDIAN: £25.50
50%
£0£86K
Salary £32,441 - £78,006
Bonus £1,184 - £14,536
Profit Sharing £0.00 - £15,893
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).
)
£33,571 - £86,129
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 15 Sep 2018
  • Individuals Reporting: 347
Hourly Data £0£63
Hourly Rate £25.50
Overtime £26.00
Annual Data £0£86K
Bonus £1,184 - £14,536
Profit Sharing £0.00 - £15,893
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).
)
£33,571 - £86,129
  • Country: United States
  • Currency: GBP
  • Updated: 15 Sep 2018
  • Individuals Reporting: 8

Job Description for Risk Manager

A risk manager works directly for a company or provides risk consulting to various companies. The risk manager may deal with financial or material risks. The risk manager will carry out audits and spontaneous checks to make sure that various staff members are adhering to safety rules. The risk manager may also recommend changes to safety policies when necessary, as well as training when widespread problems are detected.

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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

Risk Manager Job Listings

Popular Skills for Risk Manager

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 ₤43,000 based on 82 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 ₤57,000 based on 92 salaries. An experienced Risk Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤64,000 based on 55 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 ₤63,000 based on 16 salaries.

Pay Difference by Location

22%

National Average: £53,631

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Risk Manager

Gender

Female
36 %
Male
64 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.
Less than 1 year
1%
1-4 years
29%
5-9 years
37%
10-19 years
24%
20 years or more
8%

Experience Affects Risk Manager Salaries

Experienced
▲20%

Late-Career
▲17%

▲7%

National Average
₤54,000

▼19%

Skills That Affect Risk Manager Salaries

Project Management
▲16%

SAS
▲10%

National Average
₤54,000


Insurance
▼25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
1%
1-4 years
29%
5-9 years
37%
10-19 years
24%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 19%
vision benefits
Vision: 21%
no benefits
None: 26%