Risk Manager Salary

Average Yearly Salary
Updated May 18, 2020
$119,000
$88,000
$119,000
$161,000
Risk Managers in the United States make an average salary of $119,731 per year or $57.56 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $88,000 a year, while the top 10% makes $161,000. As most things go, location can be critical. New York, New Jersey, New Hampshire, Connecticut, and Delaware provide the highest Risk Manager salaries.
Best Paying Cities
New York, NY
$149,224
Hartford, CT
$129,438
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Map of Risk Manager Salaries

The darker areas on the map show where Risk Managers earn the highest salaries across all 50 states.

Average Salary:

Average Risk Manager Salary By Location

While a Risk Manager can average a salary of $119,731 per year, or $57.56 per hour, there are many opportunities for Risk Managers to make more. For example, in New York, NY you might make $149,224 per year. Other high-paying locations include Jersey City, NJ, Hartford, CT and Wilmington, DE. If you're in an entry-level position, your best bet is to move to New York, NY where the average starting salary is $88,000. The highest paying states for Risk Managers include New York, New Jersey and New Hampshire. Meanwhile, Nevada, Hawaii, and Mississippi offer the lowest salaries.

Average Risk Manager Salary By Company

To earn a high income as a Risk Manager, working for Emory Healthcare or Texas Health Resources might be your best bet, as they are the highest paying companies in this field. In addition, companies like IU Health and PeaceHealth report highly competitive salaries for Risk Managers.

The largest raises come from changing jobs.

See what's out there.

Average Risk Manager Pay By Industry

As we previously stated, Risk Manager salaries can vary depending on the industry. In fact, our data shows that Finance, Professional, and Health Care companies tend to offer much higher salaries for Risk Managers. For example, Risk Managers make a whopping average salary of $122,292 while working for Finance companies. Meanwhile, other people in this field are making $120,381 at Professional companies and $114,831 at Health Care companies. But Risk Managers may want to avoid working in the Manufacturing industry as it offers the lowest average salary at $108,415.
Industry
Average Salary
Finance
Finance
$122,292
$122k
Professional
Professional
$120,381
$120k
Health Care
Health Care
$114,831
$115k
Hospitality
Hospitality
$112,933
$113k
Manufacturing
Manufacturing
$108,415
$108k

Risk Manager Salary History

Compare salaries for individual cities or states with the national average.

Recently Added Risk Manager Salaries

CompanyJobLocationDate AddedSalary
Risk Manager
Risk Manager
06/26/2020
06/26/2020
$35,568
$35,568
06/26/2020
Travel Risk Manager
Travel Risk Manager
06/24/2020
06/24/2020
$112,698
$112,698
06/24/2020
Risk Manager
Risk Manager
06/24/2020
06/24/2020
$97,943
$97,943
06/24/2020
Risk Manager
Risk Manager
06/12/2020
06/12/2020
$84,252
$84,252
06/12/2020
Armstrong Flooring, Inc.
Armstrong Flooring, Inc.
Manager, Cybersecurity, Privacy & Risk (Manager To SR. Manager Level)
Manager, Cybersecurity, Privacy & Risk (Manager To SR. Manager Level)
Manager, Cybersecurity, Privacy & Risk (Manager To SR. Manager Level)
06/12/2020
06/12/2020
$135,000
$135,000
06/12/2020
Armstrong Flooring
Armstrong Flooring
Manager, Cybersecurity, Privacy & Risk (Manager To SR. Manager Level)
Manager, Cybersecurity, Privacy & Risk (Manager To SR. Manager Level)
Manager, Cybersecurity, Privacy & Risk (Manager To SR. Manager Level)
06/10/2020
06/10/2020
$135,000
$135,000
06/10/2020
Safety & Risk Manager
Safety & Risk Manager
06/01/2020
06/01/2020
$80,000
$80,000
06/01/2020
Risk Manager
Risk Manager
05/27/2020
05/27/2020
$58,849
$58,849
05/27/2020
Electric Cooperatives of Arkansas
Electric Cooperatives of Arkansas
Risk Management Manager
Risk Management Manager
Risk Management Manager
05/26/2020
05/26/2020
$124,500
$124,500
05/26/2020
Risk Manager-Probation Department (County Promotional Only)
Risk Manager-Probation Department (County Promotional Only)
05/22/2020
05/22/2020
$83,637
$83,637
05/22/2020