Risk Management Coordinator Salary
The average pay for a Risk Management Coordinator is $50,378 per year. Most people with this job move on to other positions after 20 years in this career.
|Salary||$36,070 - $74,541|
|Bonus||$255 - $5,237|
|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).)
|$35,318 - $72,327|
|Hourly Rate||$14.85 - $30.98|
|Bonus||$255 - $5,237|
|Total Pay (||$35,318 - $72,327|
Job Description for Risk Management Coordinator
Risk management coordinators have a range of goals and tasks, but are primarily responsible for minimizing both risks and losses for their organizations, ranging from cash flow to property and personnel.Read More...
Risk management coordinators are tasked with identifying and addressing potential problems for a company's safety or insurance, as litigation may eventually be necessary for companies which do not employ these coordinators. Risk management coordinators must take all necessary steps to reduce and mitigate risks to the company, and their daily duties may also include inspecting various working conditions, reading and interpreting codes and legal requirements for the company, surveying clients, filing workers compensation claims, and negotiating with workers regarding unions, pay, and working conditions. They must also ensure that no fraudulent activity is occurring within the company and take the proper legal steps to address any such fraud. A bachelor's degree in a financial field and prior experience as a loss specialist are generally required for this position. (Copyright 2017 PayScale.com)
Risk Management Coordinator Tasks
- Manage all claims and investigate incidents, analyzing viability and risk and providing solutions to minimize exposure.
- Assist legal counsel and act as a representative of the company during litigation.
- Conduct safety training programs and inspections to ensure staff and customers abide policies and standards.
- Update and implement risk management policies and safety standards.
Risk Management Coordinator Job Listings
Pay by Experience Level for Risk Management Coordinator
Pay by Experience for a Risk Management Coordinator has a positive trend. An entry-level Risk Management Coordinator with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 58 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Risk Management Coordinator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $51,000 based on 36 salaries. An experienced Risk Management Coordinator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $54,000 based on 25 salaries. A Risk Management Coordinator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 7 salaries.
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Key Stats for Risk Management Coordinator
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