Salary for Risk Management Specialists

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Risk management specialists observe, record and communicate operational and enterprise risk that an organization faces. They work to mitigate these risks by gathering data and assembling risk-assessment models and methodologies. Additionally, these professionals maintain input and data quality for risk assessment systems, and produce reports that demonstrate the risks they have identified, as well as potential mitigation strategies. A minimum of a Bachelor's degree is required for this position, although a large number of risk management specialists have Master's degrees, and some have their doctorates in related specialties.

A Risk Management Specialist usually receives a compensation in a range of $48,760 - $159,560 depending on the level of education. will most likely receive an average compensation of ninety-six thousand six hundred and thirty dollars each year.

are paid at the highest average level in New York, where they get normal pay levels of close to about $130,670. People working these jobs are paid at the highest average level in Mining, Quarrying, and Oil and Gas Extraction, where they earn an average pay rate of $108,650.

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The national wage distribution is shown below. To overlay local salaries for a Risk Management Specialist, please select your state.
Annual salary
Hourly rate

Risk Management Specialists tend to make the most in the following industries:

Mining, Quarrying, and Oil and Gas Extraction
Finance and Insurance
Professional, Scientific, and Technical Services
Management of Companies and Enterprises

In general, they earn less within the industries below:

Accommodation and Food Services
Educational Services
Health Care and Social Assistance
Other Services (except Public Administration)
Arts, Entertainment, and Recreation
Transportation and Warehousing
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