Risk management consultant vs solutions consultant

The differences between risk management consultants and solutions consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a risk management consultant and a solutions consultant. Additionally, a solutions consultant has an average salary of $94,839, which is higher than the $91,520 average annual salary of a risk management consultant.

The top three skills for a risk management consultant include project management, infrastructure and risk assessments. The most important skills for a solutions consultant are pre sales, sales process, and cloud.

Risk management consultant vs solutions consultant overview

	Risk Management Consultant	Solutions Consultant
Yearly salary	$91,520	$94,839
Hourly rate	$44.00	$45.60
Growth rate	11%	11%
Number of jobs	122,293	103,093
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 72%
Average age	44	44
Years of experience	4	4

What does a risk management consultant do?

A Risk Management Consultant is responsible for identifying potential risks that may affect the company's performance and strategize techniques to mitigate risks. Risk management consultants evaluate the operational processes and ensure adherence to business requirements and regulations. They also identify opportunities that would increase the company's brand image to the market and generate more revenue resources to improve profitability. A Risk Management Consultant facilitates training programs and activities for the employees and implements policies to prevent operational delays and process failures.

What does a solutions consultant do?

A solutions consultant is an individual who has an in-depth knowledge of technology that can help a company to overcome issues, increase sales, and have a better connection with their customers. Solutions consultants are responsible for heading the installment of customized software solutions and train dealers and customer sales engineers to administer the customized solution. They represent the company by attending tradeshows and events to demonstrate their company's technology. Solutions consultants must also ensure to demonstrate technical feasibility through beta tests plus trial programs.

Risk management consultant vs solutions consultant salary

Risk management consultants and solutions consultants have different pay scales, as shown below.

	Risk Management Consultant	Solutions Consultant
Average salary	$91,520	$94,839
Salary range	Between $68,000 And $123,000	Between $68,000 And $131,000
Highest paying City	Jersey City, NJ	San Bruno, CA
Highest paying state	New Jersey	California
Best paying company	Riskmetrics Group Holdings LLC	Apple
Best paying industry	Insurance	Technology

Differences between risk management consultant and solutions consultant education

There are a few differences between a risk management consultant and a solutions consultant in terms of educational background:

	Risk Management Consultant	Solutions Consultant
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Risk management consultant vs solutions consultant demographics

Here are the differences between risk management consultants' and solutions consultants' demographics:

	Risk Management Consultant	Solutions Consultant
Average age	44	44
Gender ratio	Male, 66.1% Female, 33.9%	Male, 69.1% Female, 30.9%
Race ratio	Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 14.4% White, 64.5% American Indian and Alaska Native, 0.2%	Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.6% White, 65.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between risk management consultant and solutions consultant duties and responsibilities

Risk management consultant example responsibilities.

Lead clients in establishing information security policies and procedures to establish SOX compliance.
Analyze and manage implementation of operational and organizational structures and technology architectures in addition to ERP package selection.
Manage a team responsible for designing service-orient application architecture, standards and best practices guidelines, security and data access frameworks.
Conduct data-mining training sessions using SAS for managers and support personnel at major financial institutions.
Correct audit deficiencies to be GAAP compliant.
Develop accurate and reliable financial reports that comply with GAAP.

Solutions consultant example responsibilities.

Manage relationships with existing and new clients, and master SalesForce.com.
Manage the RFP and technology solicitation process; prepare and submit proposals and recommendations to underwriting authorities.
Manage several SDLC phases for enterprise systems used by state government agencies to perform environmental and environmental management.
Maintain SalesForce CRM and forecast accurately.
Help Pre-Sales when they need additional staff.
Coordinate with PeopleSoft GSC for issues log for resolution with GSC.

Risk management consultant vs solutions consultant skills

Common risk management consultant skills

Project Management, 9%
Infrastructure, 8%
Risk Assessments, 6%
NIST, 5%
Internal Controls, 5%
Healthcare, 5%

Common solutions consultant skills

Pre Sales, 7%
Sales Process, 6%
Cloud, 6%
Customer Satisfaction, 6%
Database, 5%
CRM, 5%

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Risk Management Consultant
Risk Management Consultant vs Solutions Consultant

Updated January 8, 2025

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