14 of the Highest Paying Risk Manager Jobs in 2024

The best Risk Manager jobs can pay up to $190,500 per year.

High Paying Risk Manager Jobs

• Chief Risk Officer

  Salary range: $168,500-$190,500 per year

  A chief risk officer (CRO) oversees financial risks for a business or other organization. As a CRO, your job duties involve identifying business risks, developing risk management policies, and performing risk assessments of new projects. You usually collaborate with all departments in your organization, as well as stakeholders and board members, to determine suitable levels of financial risk. It is essential to monitor company policies to ensure that all projects meet industry standards and government regulations. Chief risk officers may also be in charge of internal auditing, IT security, and insurance needs.

• Risk Management Director

  Salary range: $105,500-$167,500 per year

  A risk management director looks at all potential risks of a project or program with the goal of minimizing asset loss for the company. As a risk management director, you need to look at all potential legal issues as well as any potential insurance claims. Your duties involve vetting potential policies or clients to ensure they won’t pose a risk, guiding the company in the right direction for growth, and helping avoid potential pitfalls. Most risk management directors have worked in risk management for a few years before working their way up to this role.

• Operational Risk Manager

  Salary range: $73,500-$159,000 per year

  An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

• Senior Risk Manager

  Salary range: $84,500-$145,000 per year

  The majority of Senior Risk Manager salaries across the United States currently range between $84,500 (25th percentile) and $145,000 (75th percentile) annually. This large range of salary potential suggests there may be many opportunities for advancement and increased pay depending on skill level, location and years of experience. Based on recent job postings on ZipRecruiter, the Senior Risk Manager job market in the United States is moderately active, with several companies hiring.

• Risk and Insurance Manager

  Salary range: $101,000-$138,000 per year

  As a risk and insurance manager, you have the combined duties of a risk manager and an insurance manager. Risk management is the practice of controlling risk through tactics that offset the likelihood of financial loss. Insurance management, on the other hand, is used to develop ways to limit or those losses by purchasing insurance against risks, such as disability payments or employee accidents. Your combined responsibilities as a risk and insurance manager revolve around reducing risk while developing safety nets to prevent loss on risks the company does take. This is especially crucial in corporate risk management, in which you are often dealing with risky investments on which the company is unwilling to take a full loss.

• Risk Management Manager

  Salary range: $72,500-$132,000 per year

  The majority of Risk Management Manager salaries across the United States currently range between $72,500 (25th percentile) and $132,000 (75th percentile) annually. This large range of salary potential suggests there may be many opportunities for advancement and increased pay depending on skill level, location and years of experience. Based on recent job posting activity on ZipRecruiter, the Risk Management Manager job market in the United States is not very active as few companies are currently hiring for this role. You can try exploring related titles to find jobs with more active opportunities.

• Risk Officer

  Salary range: $82,500-$130,000 per year

  A risk officer ensures that a company remains in compliance with relevant federal, state, and local laws and regulations. A similar role is a chief risk officer, who works for a firm or corporation to oversee risks related to financial opportunities. At a bank, a risk officer is the head of the risk management team and designs the internal controls and processes that ensure compliance. If you’re interested in pursuing this career, you need to gain a few years of experience working in a bank. Other qualifications include a bachelor’s degree in business administration or accounting as well as management skills. As a risk officer, your job duties typically include overseeing a team of individuals, so it’s important to develop leadership skills. There is some room for advancement with this career, although it’s seen as one of the highest positions within the risk management sector.

• Risk Control Specialist

  Salary range: $54,000-$118,000 per year

  The majority of Risk Control Specialist salaries across the United States currently range between $54,000 (25th percentile) and $118,000 (75th percentile) annually. This large range of salary potential suggests there may be many opportunities for advancement and increased pay depending on skill level, location and years of experience. Based on recent job posting activity on ZipRecruiter, the Risk Control Specialist job market in the United States is not very active as few companies are currently hiring for this role. You can try exploring related titles to find jobs with more active opportunities.

• Risk Assessor

  Salary range: $49,500-$113,000 per year

  The majority of Risk Assessor salaries across the United States currently range between $49,500 (25th percentile) and $113,000 (75th percentile) annually. This large range of salary potential suggests there may be many opportunities for advancement and increased pay depending on skill level, location and years of experience. Based on recent job postings on ZipRecruiter, the Risk Assessor job market in the United States is somewhat active, with a few companies hiring.

• Risk Specialist

  Salary range: $98,500-$98,500 per year

  The majority of Risk Specialist salaries across the United States currently range between $98,500 (25th percentile) and $98,500 (75th percentile) annually. Most people working in this role make similar salaries regardless of skill level, location and years of experience. Based on recent job posting activity on ZipRecruiter, the Risk Specialist job market in the United States is not very active as few companies are currently hiring for this role. You can try exploring related titles to find jobs with more active opportunities.

• Risk Management Specialist

  Salary range: $50,000-$84,500 per year

  A risk management specialist is responsible for evaluating financial risks that could potentially impact a company or organization. They are also responsible for looking at ways to reduce these risks by analyzing financial positions along with monetary policy so that the company has insurance against future losses. Banks, investment companies, and private businesses typically employ risk management specialists. Risk management specialists are considered to be financial managers and tend to put in very long hours.

• Risk Control Officer

  Salary range: $70,000-$81,500 per year

  The majority of Risk Control Officer salaries across the United States currently range between $70,000 (25th percentile) and $81,500 (75th percentile) annually. This moderate range of salaries suggests pay in this role will be consistent, regardless skill level, location and years of experience, though some advancement is possible. Based on recent job posting activity on ZipRecruiter, the Risk Control Officer job market in the United States is not very active as few companies are currently hiring for this role. You can try exploring related titles to find jobs with more active opportunities.

• Risk Control Representative

  Salary range: $48,000-$66,000 per year

  The majority of Risk Control Representative salaries across the United States currently range between $48,000 (25th percentile) and $66,000 (75th percentile) annually. This moderate range of salaries suggests pay in this role will be consistent, regardless skill level, location and years of experience, though some advancement is possible. Based on recent job posting activity on ZipRecruiter, the Risk Control Representative job market in the United States is not very active as few companies are currently hiring for this role. You can try exploring related titles to find jobs with more active opportunities.

• Risk Control Field Representative

  Salary range: $38,500-$39,500 per year

  The majority of Risk Control Field Representative salaries across the United States currently range between $38,500 (25th percentile) and $39,500 (75th percentile) annually. Most people working in this role make similar salaries regardless of skill level, location and years of experience. Based on recent job posting activity on ZipRecruiter, the Risk Control Field Representative job market in the United States is not very active as few companies are currently hiring for this role. You can try exploring related titles to find jobs with more active opportunities.

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