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A risk control consultant is an individual who usually works for an insurance company, and is responsible for performing inspections and assessments of a company or an organization's operation practices to determine if the company qualifies for particular insurance policies.
Risk control consultants analyze whether a company and its clients comply with business policies, regulations, as well as federal and state laws. These individuals gather information, put together data, and conduct underwriting procedures to assess the level of risk in insuring a company. They also recommend certain strategies to minimize loss and boost efficiency.
A risk control consultant should possess a broad knowledge of insurance practices, risk assessments, and what is involved in processing insurance policies and claims. Many of these individuals have a bachelor's degree, however, many employers may consider candidates who have skills and expertise in the risk management area. These consultants should possess strong communication, analytical and organizational skills, and should be comfortable working with clients and team members. A risk control consultant can make up to $75,000 per year, and the career field is expected to grow 6% in the next 10 years.
Avg. Salary $83,819
Avg. Salary $59,228
Growth rate 6%
Growth rate 0.3%
American Indian and Alaska Native 1.24%
Asian 5.77%
Black or African American 9.54%
Hispanic or Latino 14.80%
Unknown 6.22%
White 62.44%
Genderfemale 27.53%
male 72.47%
Age - 45American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 45Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| Loss Control | 9.82% |
| Workers Compensation | 9.20% |
| Commercial Property | 6.69% |
| Risk Management | 6.68% |
| General Liability | 6.49% |
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The average risk control consultant salary in the United States is $83,819 per year or $40 per hour. Risk control consultant salaries range between $60,000 and $115,000 per year.
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