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Risk control consultant hiring summary. Here are some key points about hiring risk control consultants in the United States:
Here's a step-by-step risk control consultant hiring guide:
Typically working for insurance companies, a risk control consultant is in charge of performing assessments and inspections to ensure that operations and clients comply with the company's policies and regulations, including federal and state laws. Their responsibilities include gathering and analyzing data, participating in underwriting procedures, utilizing expertise in sharing insights and opinions, and implementing programs that promote loss control. Moreover, a risk control consultant must recommend risk management strategies while adhering to the company's vision and mission.
The risk control consultant hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
A risk control consultant's background is also an important factor in determining whether they'll be a good fit for the position. For example, risk control consultants from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of risk control consultants and their corresponding salaries.
| Type of Risk Control Consultant | Description | Hourly rate |
|---|---|---|
| Risk Control Consultant | Occupational health and safety specialists analyze many types of work environments and work procedures. Specialists inspect workplaces for adherence to regulations on safety, health, and the environment... Show more | $28-55 |
| Business Developer | A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement... Show more | $31-75 |
| Operations Internship | Operations interns learn the management techniques on how to lead and supervise others. Interns usually gain experience by being an unpaid employee in the operational department... Show more | $12-20 |
Including a salary range in your risk control consultant job description is one of the best ways to attract top talent. A risk control consultant can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $101,197 | $49 |
| 2 | Washington | $99,125 | $48 |
| 3 | California | $97,234 | $47 |
| 4 | Rhode Island | $95,201 | $46 |
| 5 | Oregon | $93,634 | $45 |
| 6 | Connecticut | $92,872 | $45 |
| 7 | District of Columbia | $91,866 | $44 |
| 8 | New York | $91,567 | $44 |
| 9 | Mississippi | $90,278 | $43 |
| 10 | Montana | $86,737 | $42 |
| 11 | Pennsylvania | $86,703 | $42 |
| 12 | North Dakota | $84,446 | $41 |
| 13 | Michigan | $83,668 | $40 |
| 14 | Oklahoma | $83,591 | $40 |
| 15 | North Carolina | $83,128 | $40 |
| 16 | Maryland | $83,035 | $40 |
| 17 | Massachusetts | $82,178 | $40 |
| 18 | Illinois | $81,291 | $39 |
| 19 | Indiana | $77,580 | $37 |
| 20 | Arizona | $77,465 | $37 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | WEC Energy Group | $122,177 | $58.74 | |
| 2 | Novartis | $119,267 | $57.34 | 5 |
| 3 | Macy's | $111,975 | $53.83 | 1 |
| 4 | RGP | $111,771 | $53.74 | 1 |
| 5 | Citi | $106,818 | $51.35 | 10 |
| 6 | Deutsche Bank | $106,768 | $51.33 | 14 |
| 7 | Stanford Health Care | $105,590 | $50.76 | 4 |
| 8 | AIG | $105,293 | $50.62 | 12 |
| 9 | Credit Suisse | $104,974 | $50.47 | |
| 10 | JPMorgan Chase & Co. | $101,200 | $48.65 | 113 |
| 11 | Ernst & Young | $100,207 | $48.18 | 219 |
| 12 | Morgan Stanley | $99,461 | $47.82 | 30 |
| 13 | Kaiser Permanente | $99,014 | $47.60 | 13 |
| 14 | RSM US | $98,757 | $47.48 | 27 |
| 15 | Toyota Financial Svc | $95,600 | $45.96 | 1 |
| 16 | Chubb | $91,105 | $43.80 | 26 |
| 17 | FCCI | $89,606 | $43.08 | 9 |
| 18 | Randstad North America, Inc. | $89,386 | $42.97 | 4 |
| 19 | Grandbridge Real Estate Capital | $89,360 | $42.96 | 46 |
| 20 | CNA Insurance | $89,195 | $42.88 | 2 |
A risk control consultant job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a risk control consultant job description:
To find the right risk control consultant for your business, consider trying out a few different recruiting strategies:
Recruiting risk control consultants requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best risk control consultant candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Hiring a risk control consultant comes with both the one-time cost per hire and ongoing costs. The cost of recruiting risk control consultants involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of risk control consultant recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $83,819 per year for a risk control consultant, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for risk control consultants in the US typically range between $28 and $55 an hour.