How much do manager of risk management jobs pay per year?

As of Jul 31, 2026, the average yearly pay for manager of risk management in Massachusetts is $113,258.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,200.00 and $144,200.00 per year, depending on experience, location, and employer.

What is the difference between Manager Of Risk Management vs Risk Analyst?

Aspect Manager Of Risk Management Risk Analyst Required Credentials Bachelor's degree, professional risk management certifications (e.g., CRM, FRM) Bachelor's degree, often pursuing certifications like CRM or FRM Work Environment Oversees risk management teams, develops strategies, collaborates with senior management Analyzes data, assesses risks, prepares reports, supports risk strategies Employer & Industry Usage Financial institutions, insurance companies, large corporations Financial firms, insurance, consulting, and corporate risk departments The Manager Of Risk Management typically leads risk strategies and manages teams, requiring advanced certifications and experience. In contrast, a Risk Analyst focuses on data analysis and risk assessment, often with similar educational backgrounds but less managerial responsibility. Both roles are essential in risk management but differ in scope and seniority.

What does a risk management manager do?

A risk management manager oversees an organization’s processes to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management strategies, implement policies, and often use tools like risk assessment software to monitor and control risks, ensuring compliance with regulations and organizational goals.

Do risk managers make good money?

Risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual wages range from $70,000 to over $120,000, with senior roles and certifications like FRM or CRM often commanding higher pay. The role requires strong analytical skills and knowledge of risk assessment tools.

What is the highest salary for a risk manager?

The highest salaries for risk managers can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations. Senior risk managers or directors in financial services or insurance industries tend to earn the highest compensation packages.

How much does a risk manager get paid?

A risk manager's average salary varies by experience and location but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those in specialized industries can earn higher salaries, often exceeding $200,000 with additional certifications like FRM or CRM. Compensation also depends on the size of the organization and the complexity of the risk management responsibilities.

$79k-$167k Manager Of Risk Management Jobs MA

SC Staffing, Inc.

Director of Risk Management

Boston, MA

Director of Risk Management Department: Risk Management Schedule: Full Time The Director of Risk Management oversees the operation of the Ri.

SC Staffing, Inc.

Director of Risk Management

Boston, MA

Director of Risk Management Department: Risk Management Schedule: Full Time The Director of Risk Management oversees the operation of the Ri.

Mass Advantage

Manager, Risk Adjustment

Worcester, MA

This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management ...

Mass Advantage

Manager, Risk Adjustment

Worcester, MA

This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management ...

Central Mass Health LLC

Manager, Risk Adjustment

Worcester, MA · On-site

This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management ...

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Central Mass Health LLC

Manager, Risk Adjustment

Worcester, MA · On-site

This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management ...

Central Mass Health LLC

Manager, Risk Adjustment

Worcester, MA · On-site

$90K/yr

This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management ...

Central Mass Health LLC

Manager, Risk Adjustment

Worcester, MA · On-site

$90K/yr

This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management ...

National Fire Protection Association

Senior Risk Manager

Quincy, MA · On-site

Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial ...

National Fire Protection Association

Senior Risk Manager

Quincy, MA · On-site

Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial ...

National Fire Protection Association

Senior Risk Manager

Quincy, MA · On-site +1

Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial ...

National Fire Protection Association

Senior Risk Manager

Quincy, MA · On-site +1

Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial ...

National Fire Protection Association

Senior Risk Manager

Quincy, MA

Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial ...

National Fire Protection Association

Senior Risk Manager

Quincy, MA

Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial ...

Fred C. Church

Team Leader, Risk Management

Lowell, MA

This includes the organization and implementation of Risk Management programs from a workers' compensation safety standpoint as well as analyzing exposures and controls as they pertain to other lines ...

Fred C. Church

Team Leader, Risk Management

Lowell, MA

This includes the organization and implementation of Risk Management programs from a workers' compensation safety standpoint as well as analyzing exposures and controls as they pertain to other lines ...

Fred C. Church

Team Leader, Risk Management

Lowell, MA · On-site

This includes the organization and implementation of Risk Management programs from a workers' compensation safety standpoint as well as analyzing exposures and controls as they pertain to other lines ...

Fred C. Church

Team Leader, Risk Management

Lowell, MA · On-site

This includes the organization and implementation of Risk Management programs from a workers' compensation safety standpoint as well as analyzing exposures and controls as they pertain to other lines ...

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