Risk managers' salaries vary depending on level of responsibility and authority, type of industry, organization size, and geographic region. The U.S. Department of Labor (DOL), which classifies risk managers with financial managers, reported a median yearly income for financial managers of $156,100 in May 2023. The lowest paid 10 percent earned less than $82,870, and the highest paid 25 percent earned more than $210,830.
The DOL reports that financial risk specialists earned salaries that ranged from $61,090 to $184,330 in May 2023. They earned median annual salaries of $106,090. Fifty percent of financial risk specialists earned between $106,090 and $141,030.
Risk managers usually receive benefits, bonuses, paid vacation, health and life insurance, pensions, and stock options.
- Accountants
- Arbitrators
- Auditors
- Automotive Dealership Owners
- Billing Clerks
- Bookkeeping and Accounting Clerks
- Budget Analysts
- Business Continuity Planners
- Business Development Managers and Directors
- Business Intelligence Analysts
- Business Managers
- Buyers
- Chief Customer Officers
- Chief Executive Officers
- Chief Financial Officers
- Chief Information Officers
- Chief Information Security Officers
- Chief Medical Officers
- Chief Restructuring Officers
- Chief Revenue Officers
- Chief Robotics Officer
- Chief Strategy Officers
- Chief Sustainability Officers
- Chief Trust Officers
- Client Services Managers
- Collection Workers
- Community Health Program Coordinators
- Compliance Managers
- Continuous Improvement Managers
- Contract Administrators
- Corporate Climate Strategists
- Corporate Community Relations Directors
- Corporate Lawyers
- Corporate Librarians
- Cost Estimators
- Cultural Advisers
- Customer Service Directors
- Customer Service Representatives
- Customs Brokers
- Data Entry Clerks
- Data Governance Managers
- Decision Scientists
- Digital Workplace Experience Engineers
- Directors of Corporate Sponsorship
- Directors of Security
- Document Management Specialists
- Economists
- Entrepreneurs
- Ethical Sourcing Officer
- Event Planners
- Executive Recruiters
- Fashion Models' Agents
- Financial Institution Officers and Managers
- Financial Quantitative Analysts
- Forensic Accountants and Auditors
- Franchise Owners
- Fraud Examiners, Investigators, and Analysts
- Go-to-Market Managers
- Health Care Insurance Navigators
- Health Care Managers
- Health Club Owners and Managers
- Health Data Analysts
- Human Resources Managers
- Information Technology Infrastructure Engineers
- Insurance Claims Representatives
- Insurance Fraud Investigators
- Insurance Policy Processing Workers
- Insurance Underwriters
- Internet Consultants
- Internet Executives
- Internet Store Managers and Entrepreneurs
- Internet Transaction Specialists
- Labor Union Business Agents
- Legal Operations Specialists
- Life Insurance Agents and Brokers
- Localization Specialists
- Loss Prevention Managers
- Management Analysts and Consultants
- Music Agents and Scouts
- Music Venue Owners and Managers
- Office Administrators
- Payroll Directors
- Product Designers
- Professional Organizers
- Project Managers
- Property and Casualty Insurance Agents and Brokers
- Proposal Managers
- Purchasing Agents
- Receptionists
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
- Remote Work Coordinators
- Retail Business Owners
- Retail Managers
- Sales Managers
- Sales Representatives
- Secretaries
- Space Port Managers
- Space Tourism Managers
- Statisticians
- Stenographers
- Strategy Managers
- Tax Managers
- Temporary Workers
- Traffic Managers
- Typists and Word Processors
- Wealth Management Risk Managers
- Wealth Management Vice Presidents
- Wind Energy Project Managers
- Workplace Diversity Experts
- Zoo and Aquarium Curators and Directors
