Director, Risk Management / Risk Control Salary

The average salary for a Director, Risk Management / Risk Control is $114,177.

10%

50%

90%

MEDIAN $114,177

Salary

$72k - $161k

Bonus

$4k - $39k

Profit Sharing

$2k - $29k

Total Pay

$72k - $189k

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Job Description for Director, Risk Management / Risk Control

Directors of risk management and risk control are in charge of managing and controlling risk-related elements of their organization. They are responsible for managing liability programs, gathering risk data, and mitigating risks as required. They convey issues and ideas related to risks and risk management to upper management, as well as implement risk policies and programs across their company. Directors of risk management and risk control generally oversee a group of risk professionals and rep…Read more

Director, Risk Management / Risk Control Tasks

Oversee staff operations, business planning and budget development.
Direct staff in effective and efficient use of programs that promote quality processes.
Examine and analyze risk data to determine potential loss.
Plan and direct the risk management program.

Career Paths

Explore the most common career paths for Director, Risk Management / Risk Control. 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.

Director, Risk Management / Risk Control

Vice President (VP), Risk Management

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Chief Risk Officer (CRO)

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Risk Manager

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More common (> 20%)

Somewhat common (8 - 20%)

Less common (< 8%)

Director, Risk Management / Risk Control Job Listings

Popular Skills for Director, Risk Management / Risk Control

Risk Management / Risk Control

$112,439

399 responses

Insurance

$108,937

187 responses

Regulatory Compliance

$107,634

179 responses

Safety Compliance

$94,324

145 responses

Claim Handling

$110,686

51 responses

Skills that pay less than market rate include Claim Handling, Safety Compliance, Regulatory Compliance, Insurance and Risk Management / Risk Control.

Pay by Experience Level for Director, Risk Management / Risk Control

An entry-level Director, Risk Management / Risk Control with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $80,497 based on 18 salaries. An early career Director, Risk Management / Risk Control with 1-4 years of experience earns an average total compensation of $85,196 based on 96 salaries. A mid-career Director, Risk Management / Risk Control with 5-9 years of experience earns an average total compensation of $100,358 based on 165 salaries. An experienced Director, Risk Management / Risk Control with 10-19 years of experience earns an average total compensation of $122,781 based on 334 salaries. In their late career (20 years and higher), employees earn an average total compensation of $125,438.

Pay Difference by Location

Learn more about cost of living by city.

New York, New York

▲42%

Chicago, Illinois

▲27%

Washington, District of Columbia

▲23%

Houston, Texas

▲20%

Boston, Massachusetts

▲18%

Phoenix, Arizona

▲1%

Atlanta, Georgia

▼14%

Employees with Director, Risk Management / Risk Control in their job title in New York, New York earn an average of 42.1% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (26.6% more) and Washington, District of Columbia (22.6% more). The lowest salaries can be found in Atlanta, Georgia (13.9% less).