Post job

Risk control consultant vs senior finance consultant

The differences between risk control consultants and senior finance consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a risk control consultant, becoming a senior finance consultant takes usually requires 2-4 years. Additionally, a senior finance consultant has an average salary of $97,689, 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 senior finance consultant are financial analysis, project management, and financial services.

Risk control consultant vs senior finance consultant overview

Risk Control ConsultantSenior Finance Consultant
Yearly salary$83,819$97,689
Hourly rate$40.30$46.97
Growth rate6%9%
Number of jobs50,361112,032
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 71%
Average age4540
Years of experience64

What does a risk control consultant do?

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.

What does a senior finance consultant do?

A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.

Risk control consultant vs senior finance consultant salary

Risk control consultants and senior finance consultants have different pay scales, as shown below.

Risk Control ConsultantSenior Finance Consultant
Average salary$83,819$97,689
Salary rangeBetween $60,000 And $115,000Between $68,000 And $138,000
Highest paying CityJersey City, NJSan Francisco, CA
Highest paying stateAlaskaCalifornia
Best paying companyWEC Energy GroupDell
Best paying industryInsuranceTechnology

Differences between risk control consultant and senior finance consultant education

There are a few differences between a risk control consultant and a senior finance consultant in terms of educational background:

Risk Control ConsultantSenior Finance Consultant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Risk control consultant vs senior finance consultant demographics

Here are the differences between risk control consultants' and senior finance consultants' demographics:

Risk Control ConsultantSenior Finance Consultant
Average age4540
Gender ratioMale, 72.5% Female, 27.5%Male, 68.2% Female, 31.8%
Race ratioBlack 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between risk control consultant and senior finance consultant duties and responsibilities

Risk control consultant example responsibilities.

  • Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
  • Reference NFPA codes for fire protection requirements.
  • Reference NFPA codes for evaluating fire protection control.
  • Provide OSHA, workers' compensation, equipment and transportation training target towards regulatory compliance and loss potentials.
  • Provide analysis of OSHA administrative requirements including policies, procedures, programs, inspections, training, testing and records.
  • Ensure that enough supporting evidence is available to ensure that identify weaknesses are properly mitigate to pass SOX testing criteria.
  • Show more

Senior finance consultant example responsibilities.

  • Manage contractor responsible for building a customize Hyperion Essbase cube.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Review A/P & A/R aging with CFO weekly
  • Train employees on using the state PeopleSoft system for travel expense reimbursement.
  • Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
  • Participate in cash management decisions and treasury functions.
  • Show more

Risk control consultant vs senior finance consultant skills

Common risk control consultant skills
  • Loss Control, 10%
  • Workers Compensation, 9%
  • Commercial Property, 7%
  • Risk Management, 7%
  • General Liability, 6%
  • OSHA, 6%
Common senior finance consultant skills
  • Financial Analysis, 7%
  • Project Management, 6%
  • Financial Services, 5%
  • Strong Analytical, 4%
  • Shared Services, 4%
  • Risk Management, 3%

Browse healthcare practitioner and technical jobs