Avg. Base Salary (USD)
The average salary for a Risk Management Consultant is $77,252
What is the Pay by Experience Level for Risk Management Consultants?
An entry-level Risk Management Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $66,685 based on 65 salaries. An early career Risk Management Consultant with 1-4 years of experience earns an average total compensation of $71,548 based on 165 …Read more
What Do Risk Management Consultants Do?
Risk management consultants analyze all aspects of the company - including financial, technology, and general business - to determine risk levels and opportunities to mitigate them. This involves working directly with stakeholders to determine standards and policies for analysis, litigation, investigations, and policies. On a day-to-day basis, the job mostly consists of activities such as user profiling, auditing, and collaboration with teams such as security operations. The consultant creates …Read more
- Identify, analyze, and monitor risk.
- Create solutions and management strategies for potential clients.
- Evaluate compliance with state and federal policy.
- Propose best practice and risk mitigation and management strategies.
How do Risk Management Consultants Rate Their Jobs?
FAQs About Risk Management Consultants
What is the highest pay for Risk Management Consultants?
Our data indicates that the highest pay for a Risk Management Consultant is $116k / year
What is the lowest pay for Risk Management Consultants?
Our data indicates that the lowest pay for a Risk Management Consultant is $61k / year
How can Risk Management Consultants increase their salary?
Increasing your pay as a Risk Management Consultant is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Risk Management Consultant that oversees more junior Risk Management Consultants, this experience can increase the likelihood to earn more.