Average Senior Risk Manager Salary

$118,274
Avg. SalaryShow Hourly Rate
$14,941
Bonus
$26,000
Commission
$5,174
Profit Sharing
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The average salary for a Senior Risk Manager is $118,274.
10%
$77k
MEDIAN
$118k
90%
$161k
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United States (change)
Salary
$77k - $161k
Bonus
$5k - $30k
Profit Sharing
$0 - $19k
Commission
$0 - $26k
Total Pay
$79k - $185k

Your Market Worth Over Time

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Job Description for Senior Risk Manager

Senior Risk Manager Tasks
  • Ensure processes for reporting and managing risks are followed.
  • Identify and mitigate risks to a company's assets, reputation, and interests.
  • Manage company insurance policies and strategies for reducing liability.
  • Write reports and inform senior management of risks identified and resolved.

Job Satisfaction for Senior Risk Manager

3.8 out of 5
(82)
Highly Satisfied
13Reviews
The top respondents for the job title Senior Risk Manager are from the companies General Electric Co (GE), J.P. Morgan Chase & Co. (JPMCC) and Santander. Reported salaries are highest at Deloitte & Touche LLP where the average pay is $157,308. Other companies that offer high salaries for this role include Santander and Capital One Financial Corp, earning around $135,000 and $129,000, respectively. American Express Co. (AMEX) pays the lowest at around $113,883. Charles Schwab & Co., Inc. and General Electric Co (GE) also pay on the lower end of the scale, paying $124,800 and $125,009, respectively.

Senior Risk Manager Job Listings

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Popular Skills for Senior Risk Manager

Skills in Risk Management / Risk Control, Regulatory Compliance, Data Analysis and Security Risk Management are correlated to pay that is above average. Skills that pay less than market rate include Risk Consulting.

Pay by Experience Level for Senior Risk Manager

An early career Senior Risk Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $102,922 based on 37 salaries. A mid-career Senior Risk Manager with 5-9 years of experience earns an average total compensation of $116,907 based on 112 salaries. An experienced Senior Risk Manager with 10-19 years of experience earns an average total compensation of $123,361 based on 237 salaries. In their late career (20 years and higher), employees earn an average total compensation of $127,179.
Employees with Senior Risk Manager in their job title in Seattle, Washington earn an average of 18.0% more than the national average. These job titles also find higher than average salaries in San Francisco, California (17.1% more) and New York, New York (15.5% more). The lowest salaries can be found in Dallas, Texas (7.4% less) and Boston, Massachusetts (0.1% less).

Years of Experience

This data is based on 488 survey responses.
Early Career
7.6%
Mid Career
23.0%
Experienced
48.6%
Late Career
20.9%