$117,163
Avg. Salary
$36.97
Avg. Hourly Rate

Average additional compensation:

$14,808

Bonus

$5,168

Profit Sharing

$26,000

Commission

What am I worth?
How should I pay?

The average pay for a Senior Risk Manager is $36.97 per hour.

The average pay for a Senior Risk Manager is $117,163 per year.

10%
$19.00
10%
$36.97
50%
$71.22
90%
90%
MEDIAN $36.97
10%
$74k
10%
$117k
50%
$156k
90%
90%
MEDIAN $117,163
$74,347 - $156,452
$74K
$120K
$160K
MEDIAN: $117,163
10%
50%
90%

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$19.00 - $71.22
$37
MEDIAN: $36.97
50%

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$0$180K
Salary $74,347 - $156,452
Bonus $4,914 - $28,270
Profit Sharing $0.00 - $20,273
Commission $26,000
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).
)
$77,729 - $180,315
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 481
Hourly Data $0$85
Hourly Rate $36.97
Overtime $85.67
Annual Data $0$180K
Bonus $4,914 - $28,270
Commission $26,000
Profit Sharing $0.00 - $20,273
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).
)
$77,729 - $180,315
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 7

Job Description

Senior risk managers identify the risks to which a business is exposed and find ways to adequately eliminate or mitigate those risks.

Read More...
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.

Popular Employer Salaries

$0$194K

$125,009

$109,519

$152,000

$109,927

Common Career Paths


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Senior Risk Managers who go on to become Directors of Risk Management may see somewhat stagnant compensation. On average, a Director of Risk Management, an upper-level role, pays $119K.

Job Listings

Pay by Experience Level

Pay by Experience for a Senior Risk Manager has a positive trend. An entry-level Senior Risk Manager with less than 5 years of experience can expect to earn an average total compensation of $110,000 based on 31 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Risk Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $124,000 based on 95 salaries. An experienced Senior Risk Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $127,000 based on 130 salaries. A Senior Risk Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $148,000 based on 42 salaries.

Pay Difference by Location

National Average: $127,033

Larger city markers indicate a job is popular in that location.

Norwalk is home to an above-average pay rate for Senior Risk Managers, 38 percent higher than the national average. Senior Risk Managers can also look forward to large paychecks in cities like Washington (+23 percent), New York (+19 percent), Houston (+17 percent), and San Francisco (+16 percent). Senior Risk Managers in Salt Lake City make 28 percent less than the national average, proving that location is a major factor in pay. Employers in Columbus and Atlanta also lean toward paying below-median salaries (24 percent lower and 20 percent lower, respectively).

Job Reviews

Q: What is it like working as a Senior Risk Manager?

Senior Risk Manager in New York:
"Excellent Challenging, the job is what you make of it."
Pros: working across different departments and helping create better synergies.
Cons: politics

Related Job Salaries

Gender

Female
45 %
Male
54 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.
Less than 1 year
1%
1-4 years
7%
5-9 years
24%
10-19 years
49%
20 years or more
20%

How Experience Affects Salaries

▲16%

▼0%

National Average
$127,000

▼2%

▼13%

How Skills Affect Salaries

Security Risk Management
▲21%

Financial Modeling
▲18%

Financial Analysis
▲18%



Internal Audit
▲1%

National Average
$127,000


SAS
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.

Gender

Female
45 %
Male
54 %

Years of Experience

Less than 1 year
1%
1-4 years
7%
5-9 years
24%
10-19 years
49%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 87%
vision benefits
Vision: 82%
no benefits
None: 5%