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How much does a Risk Management Director make?

As of April 01, 2025, the average annual salary for a Risk Management Director in the United States is $183,758. Salary.com reports that pay typically ranges from $169,583 to $202,830, with most professionals earning between $156,677 and $220,194.

Risk Management Director Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $202,830 $16,903 $3,901 $98
Average $183,758 $15,313 $3,534 $88
25th Percentile $169,583 $14,132 $3,261 $82

Average Salary

25% $169,583 10% $156,677 90% $220,194 75% $202,830 $183,758 50%(Median)
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How much does a Risk Management Director make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Risk Management Director salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Risk Management Director hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Risk Management Director's Salary?

An entry-level Risk Management Director with less than 1 year of experience earns about $175,084. With 1-2 years of experience, the average salary increases to $176,353. For 2-4 years of experience, the pay typically rises to $178,046. Senior-level professionals with 5-8 years of experience earn around $180,584, and those with over 8 years of experience can expect an average of $183,758.

Levels Salary
Entry Level Risk Management Director $175,084
Intermediate Level Risk Management Director $176,353
Senior Level Risk Management Director $178,046
Specialist Level Risk Management Director $180,584
Expert Level Risk Management Director $183,758
$175,084 0 yr
$176,353 < 2 yrs
$178,046 2-4 yrs
$180,584 5-8 yrs
$183,758 > 8 yrs
Last Updated on April 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 3%
Top Level 2%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Risk Management Director vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Risk Management Director is $229,495.
  • In New York, NY, the average annual salary is $212,957.
  • In Boston, MA, a Risk Management Director earns $204,945 per year.

What is the salary trend of Risk Management Director?

As of April 01, 2025, our research reveals a significant shift in Risk Management Director compensation over the past six years. For example, the median salary increased from $173,891 in 2023 to approximately $170,453 in 2024. (For a detailed analysis of Risk Management Director salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Risk Management Director Over Time

2020
$???
2021
$???
2022
$???
$173,891
2023
$170,453
2024
$167,289
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$173,891
2024
$170,453
2025
$167,289
2026
$???
Last Updated on April 01, 2025

Risk Management Director Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $173,891
2024 $170,453
2025 $167,289
2026 View More
Last Updated on April 01, 2025

Job Openings of Risk Management Director

Salary.com job board provides millions of Risk Management Director information for you to search for. Click on search button below to see Risk Management Director job openings or enter a new job title here.

Most Common Benefits for Risk Management Director

Based on HR-reported data: a national average with a geographic differential
Base Salary 73.8%
Bonuses 0.0%
Social Security 5.3%
401k/403b 3.1%
Disability 1.5%
Healthcare 3.4%
Pension 4.0%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $183,758 73.8%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $13,118 5.3%
401K/403B $7,718 3.1%
Disability $3,675 1.5%
Healthcare $8,352 3.4%
Pension $9,923 4.0%
Time Off $22,616 9.1%
Total Compensation $249,160 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

FAQ about Risk Management Director

1. What is the average salary of a Risk Management Director?

The average annual salary of Risk Management Director is $183,758. In case you are finding an easy salary calculator, the average hourly pay of Risk Management Director is $88; the average weekly pay of Risk Management Director is $3,534; the average monthly pay of Risk Management Director is $15,313.

2. Where can a Risk Management Director earn the most?

A Risk Management Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Risk Management Director earns the most in San Jose, CA, where the annual salary of a Risk Management Director is $231,774.

3. What is the highest pay for Risk Management Director?

The highest pay for Risk Management Director is $220,194.

4. What is the lowest pay for Risk Management Director?

The lowest pay for Risk Management Director is $156,677.

5. What are the responsibilities of Risk Management Director?

Directs and administers an organization's risk-management programs. Develops strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Monitors the effectiveness of procedures to identify points of improvement. Oversees the building of financial models to predict the risk exposure of an organization's assets. Reviews risk analysis reports to ensure risks are identified and managed effectively. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Risk Management Director is $183,758 per year in the United States, updated at April 01, 2025.
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