Avg. Base Salary (USD)
The average salary for a Risk Management Specialist is $78,818 in 2023
What is the Pay by Experience Level for Risk Management Specialists?
An entry-level Risk Management Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $56,013 based on 21 salaries. An early career Risk Management Specialist with 1-4 years of experience earns an average total compensation of $63,754 based on 189 …Read more
What Do Risk Management Specialists Do?
Risk management specialists work to minimize many forms of risks to their companies' financial standings, and may focus on areas such as safety or material loss. In any case, they must develop comprehensive plans for risk management and direct them for implementation.
Research skills are important, as those in this position must identify present risks, whether or not they can be prevented, and how to lower the chances of their occurrence. They will have to create reports to provide to upper …Read more
How do Risk Management Specialists Rate Their Jobs?
FAQs About Risk Management Specialists
What is the highest pay for Risk Management Specialists?
Our data indicates that the highest pay for a Risk Management Specialist is $134k / year
What is the lowest pay for Risk Management Specialists?
Our data indicates that the lowest pay for a Risk Management Specialist is $47k / year
How can Risk Management Specialists increase their salary?
Increasing your pay as a Risk Management Specialist 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 Specialist that oversees more junior Risk Management Specialists, this experience can increase the likelihood to earn more.