The average salary for a Senior Risk Manager in South Africa is R815,441.
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R521k - R1m
R39k - R258k
R0 - R2k
R481k - R1m
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Job Description for Senior Risk Manager
Senior risk managers identify the risks to which a business is exposed and find ways to adequately eliminate or mitigate those risks. Senior risk managers may deal with risk inherent to all areas of their business, from operation risk to financial risk to legal risk. In an operational setting, a senior risk manager works to identify process risks such as business disruption, issues with execution, and systems failures. They also look for poor business practices, workplace safety concerns, thef…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.
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Popular Skills for Senior Risk Manager
Risk Management / Risk Control
Skills that pay less than market rate include Internal Audit, Data Analysis, Risk Consulting, Regulatory Compliance and Risk Management / Risk Control.
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 R567,262 based on 6 salaries. A mid-career Senior Risk Manager with 5-9 years of experience earns an average total compensation of R755,196 based on 25 salaries. An experienced Senior Risk Manager with 10-19 years of experience earns an average total compensation of R953,821 based on 46 salaries. In their late career (20 years and higher), employees earn an average total compensation of R700,000.
Years of Experience
This data is based on 91 survey responses.
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