Average Senior Risk Manager Salary

$121,518
Avg. Base Salary (USD)
10%
$83k
MEDIAN
$122k
90%
$165k

The average salary for a Senior Risk Manager is $121,518 in 2024

Base Salary
$83k - $165k
Bonus
$5k - $28k
Profit Sharing
$1k - $24k
Total Pay
$82k - $186k
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What is the Pay by Experience Level for Senior Risk Managers?

What Do Senior Risk Managers Do?

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.
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How do Senior Risk Managers Rate Their Jobs?

4 out of 5
(46)
Highly Satisfied
20Reviews
Based on 46 responses, the job of Senior Risk Manager has received a job satisfaction rating of 4.02 out of 5. On average, Senior Risk Managers are highly satisfied with their job.

FAQs About Senior Risk Managers

What is the highest pay for Senior Risk Managers?

Our data indicates that the highest pay for a Senior Risk Manager is $165k / year

What is the lowest pay for Senior Risk Managers?

Our data indicates that the lowest pay for a Senior Risk Manager is $83k / year

How can Senior Risk Managers increase their salary?

Increasing your pay as a Senior Risk Manager 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 Senior Risk Manager that oversees more junior Senior Risk Managers, this experience can increase the likelihood to earn more.