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The differences between risk control consultants and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, which is higher than the $83,819 average annual salary of a risk control consultant.
The top three skills for a risk control consultant include loss control, workers compensation and commercial property. The most important skills for a business developer are healthcare, CRM, and customer service.
| Risk Control Consultant | Business Developer | |
| Yearly salary | $83,819 | $101,635 |
| Hourly rate | $40.30 | $48.86 |
| Growth rate | 6% | 10% |
| Number of jobs | 50,361 | 193,469 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Average age | 45 | 44 |
| Years of experience | 6 | - |
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.
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. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Risk control consultants and business developers have different pay scales, as shown below.
| Risk Control Consultant | Business Developer | |
| Average salary | $83,819 | $101,635 |
| Salary range | Between $60,000 And $115,000 | Between $66,000 And $156,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | WEC Energy Group | Apple |
| Best paying industry | Insurance | Manufacturing |
There are a few differences between a risk control consultant and a business developer in terms of educational background:
| Risk Control Consultant | Business Developer | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 72% |
| Most common major | Accounting | Business |
| Most common college | University of Southern California | Western Carolina University |
Here are the differences between risk control consultants' and business developers' demographics:
| Risk Control Consultant | Business Developer | |
| Average age | 45 | 44 |
| Gender ratio | Male, 72.5% Female, 27.5% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 9.5% Unknown, 6.2% Hispanic or Latino, 14.8% Asian, 5.8% White, 62.4% American Indian and Alaska Native, 1.2% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 11% |