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Corporate Risk Management Salary

Corporate Risk Management Salary

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As of September 2026, the average annual salary for employees at Corporate Risk Management in the United States is $97,189. This translates to an approximate hourly wage of $47. Salaries at Corporate Risk Management typically range from $85,505 to $109,904 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Corporate Risk Management Pay for Different Roles?

Explore detailed salary information for specific jobs at Corporate Risk Management. Based on our data, the highest paying job is the President, with an annual salary of $752,330. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Corporate Risk Management’s Pay Competitive? Salary Benchmarking Analysis

How does Corporate Risk Management's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Old Republic Aerospace $97,453
+0.3%
Confirms Old Republic Aerospace is a direct competitor vying for the exact same talent pool.
JL Hubbard Insurance $88,171
-9.3%
Normalized for lower cost-of-living zones where JL Hubbard Insurance primarily operates.
Illinois Life and Health Insurance Guaranty Association $96,008
-1.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Clear Spring Health $96,862
-0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+27.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Corporate Risk Management's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Corporate Risk Management. Click a company name to learn more.

Employee Reviews: Working at Corporate Risk Management

Considering a career at Corporate Risk Management? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The workplace is organized, and processes are well-defined. The team is motivated, and leadership is visionary. Compensation is competitive, and annual reviews ensure fair adjustments. Technology tools are up-to-date, making daily tasks efficient.
Commented in April 13, 2025
44
2
Compensation is fair, and benefits are attractive. The insurance industry can be demanding, but the leadership ensures workloads are balanced. The insurance training is comprehensive, and career growth is encouraged.
Commented in January 01, 2025
12
3
The culture is collaborative, and innovation is encouraged. The work environment is positive, and management is approachable. It’s a reliable employer with steady career progression options. Benefits are standard for the industry, and the pay is fair. The office environment is modern, and hybrid work options are available. Management is approachable and encourages professional growth.
Commented in October 07, 2024
29
1

Corporate Risk Management Overview

Website
www.crm-inc.com
Founded In
1978
Employees
<25 employees
Industry
Insurance
Headquarter Address
350 E Ogden Ave Westmont Illinois IL 60559
Revenue
$10 Million - $50 Million
Phone Number
+1 6309200000
Social Media
About Corporate Risk Management
Corporate Risk Management, Inc. is a family owned, independent insurance agency that has been in business since 1979. We service the personal and business needs of individuals, families, and businesses. The CRM team is a group of expert insurance agents who take the time to understand your unique insurance situation and match the proper coverage to those needs. We are a full service independent in

What Benefits Does Corporate Risk Management Offer Beyond Salary?

A competitive compensation package is more than just a salary. Corporate Risk Management offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Corporate Risk Management.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Corporate Risk Management, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Corporate Risk Management salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Corporate Risk Management

1. What is the estimated average total compensation at Corporate Risk Management?

Salary.com estimates that the average total compensation package at Corporate Risk Management, which can include base salary, potential bonuses, and benefits, is around $97,189 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Corporate Risk Management pay compared to Old Republic Aerospace?

The average annual salary at Corporate Risk Management is $97,189, or an hourly wage of $47, in comparison to Old Republic Aerospace which pays $97,453 per year or $47 per hour.

3. Do salaries differ significantly between departments at Corporate Risk Management?

Yes, salaries often differ between departments at Corporate Risk Management due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Corporate Risk Management?

Salary progression from an entry-level to a senior role at Corporate Risk Management can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Corporate Risk Management in Chicago is fair given the local cost of living?

To determine if a salary offer from Corporate Risk Management in Chicago is fair, first compare the gross salary to our data for similar roles at Corporate Risk Management and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are promotions at Corporate Risk Management usually accompanied by a significant salary increase?

Yes, promotions at Corporate Risk Management are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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