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Risk Management Director Salary in Chagrin Falls, OH

How much does a Risk Management Director make in Chagrin Falls, OH?

As of October 01, 2026, the average salary for a Risk Management Director in Chagrin Falls, OH is $177,017 per year, which breaks down to an hourly rate of $85.

However, a Risk Management Director's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $205,672
  • Majority Range (25th-75th percentile): $164,046 to $192,016
  • Entry-Level (10th percentile): $152,237
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Risk Management Director Salaries

A Risk Management Director's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Risk Management Director Salaries?

Experience is a primary driver of a Risk Management Director's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Risk Manager (5+ years): $125,925
  • Senior Risk Manager (5+ years): $146,434
  • Risk Management Director (5+ years): $177,017
  • Vice President of Risk Management (5+ years): $221,358
  • Chief Risk Officer (5+ years): $265,619
Job Role Years of Experience Average Salary
Risk Manager5+ years$125,925
Senior Risk Manager5+ years$146,434
Risk Management Director5+ years$177,017
Vice President of Risk Management5+ years$221,358
Chief Risk Officer5+ years$265,619
View as Graph

Top Paying Cities for Risk Management Directors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $231,664
  • San Francisco: $229,128
  • Oakland: $224,299

Risk Management Director Salary by Company Size: Startups vs. Enterprise

Risk Management Director salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $197,621. While startup companies pay approximate $167,334.

Risk Management Director Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $167,334
Growth Stage 51~500 $176,935
Established 501~5000 $190,818
Enterprise 5000+ $197,621

Risk Management Director Salary by Industry: Top Paying Sectors

For Risk Management Director roles, the industry you choose can affect earning potential by as much as 55% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Software & Networking sectors offer the strongest compensation, at 28% above the average. In contrast, Risk Management Director positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Risk Management Director as a support function rather than a direct revenue driver.

The top paying industries for a Risk Management Director

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$235,908$113.028%
Software & Networking$235,908$113.028%
Pharmaceuticals$227,490$109.024%
Energy & Utilities$219,057$105.019%
Internet$219,057$105.019%

Risk Management Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Risk Management Director's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$164,046
Average $177,017/year
$192,016
$13,671
Average $14,751/month
$16,001
$3,155
Average $3,404/week
$3,693
$79
Average $85/hour
$92
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $192,016 $16,001 $3,693 $92
Average $177,017 $14,751 $3,404 $85
25th Percentile $164,046 $13,671 $3,155 $79

Risk Management Director Salary Growth & Career Path

Risk Management Director

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Risk Management Director, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
VP of Insurance Risk $262,409 48%
VP of Risk Management $221,358 25%

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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