The average salary for a Risk Management Manager is $95,030.
Risk Management Manager by
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What Do Risk Management Managers Do?
Risk management managers are in charge of managing a group of analysts to identify and eliminate business risks for their organization. They are responsible for conducting risk assessments and creating business reports for future decision-making tasks. Risk management managers use their expertise and analytical abilities to transform risk analysis into tangible results and/or business recommendations; they convey this complex information to managers in their organization, interpreting data in a …Read more
Risk Management Manager Tasks
- Identify, assess, and prioritize risks.
- Coordinate economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities from risk.
Job Satisfaction for Risk Management Manager
Popular Employer Salaries for Risk Management Manager
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Director, Risk Management / Risk Control
Somewhat common (8 - 20%)
Risk Management Manager Job Listings
What Are Popular Skills for Risk Management Managers?
Skills in Project Management are correlated to pay that is above average. Skills that pay less than market rate include People Management, Insurance, Regulatory Compliance and Risk Management / Risk Control.
What is the Pay by Experience Level for Risk Management Managers?
An entry-level Risk Management Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $64,901 based on 9 salaries. An early career Risk Management Manager with 1-4 years of experience earns an average total compensation of $80,155 based on 91 salaries. A mid-career Risk Management Manager with 5-9 years of experience earns an average total compensation of $95,312 based on 105 salaries. An experienced Risk Management Manager with 10-19 years of experience earns an average total compensation of $105,375 based on 133 salaries. In their late career (20 years and higher), employees earn an average total compensation of $100,214.
Pay Difference by Location
Employees with Risk Management Manager in their job title in New York, New York earn an average of 18.1% more than the national average. These job titles also find higher than average salaries in Houston, Texas (15.8% more) and Dallas, Texas (12.9% more). The lowest salaries can be found in San Diego, California (10.9% less) and Miami, Florida (5.6% less).
Years of Experience
This data is based on 409 survey responses.