As of April 22, 2025, the average annual salary for a Risk Manager in India is ₹ 17,18,060, with an hourly rate of ₹ 826, according to Salary.com Global Salary IQ data. The average salary ranges from ₹ 10,98,864 to ₹ 17,20,318, influenced by factors like location, education, experience, and more.

Global Market Data
25TH   ₹ 10,98,864
50TH(Median)   ₹ 17,18,060
75TH   ₹ 17,20,318
Risk Manager Salaries by Percentile
Percentile Salary Location Last Updated
25th Percentile Risk Manager Salary ₹ 10,98,864 India April 22, 2025
50th Percentile Risk Manager Salary ₹ 17,18,060 India April 22, 2025
75th Percentile Risk Manager Salary ₹ 17,20,318 India April 22, 2025

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How Much Does a Risk Manager Make by Hour, Week, Month, and Year?

Last Updated on April 22, 2025

Salary.com provides you with accurate and diversified Risk Manager salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Risk Manager is about ₹ 17,18,060 a year, this translates to an approximate hourly rate of ₹ 826, a monthly salary of about ₹ 1,43,172, and a weekly pay of around ₹ 33,040. Click the switch button below to see more details about Risk Manager hourly pay, weekly pay, monthly pay, and so on.

How Much Do Risk Managers Earn at Different Levels in 2025?

A Risk Manager's salary varies significantly based on experience level. Entry typically earn ₹ 65,651 - ₹ 70,369, while Intermediate make ₹ 66,005 - ₹ 70,605, Senior earn ₹ 66,948 - ₹ 71,548, Specialist earn ₹ 67,892 - ₹ 72,586, Expert can reach ₹ 69,779 - ₹ 74,990 or more, depending on the company and location.

Levels Salary
Entry Level Risk Manager ₹ 68,835
Intermediate Level Risk Manager ₹ 69,189
Senior Level Risk Manager ₹ 70,015
Specialist Level Risk Manager ₹ 70,958
Expert Level Risk Manager ₹ 72,906
₹ 68,835 0 yr
₹ 69,189 < 2 yrs
₹ 70,015 2-4 yrs
₹ 70,958 5-8 yrs
₹ 72,906 > 8 yrs
Entry Level 96%
Intermediate Level 96%
Senior Level 96%
Specialist Level 96%
Expert Level 96%
View as Table
View as Graph
Last Updated on April 22, 2025

What are the Highest Paying Cities in India for Risk Manager?

The top 3 highest-paying cities in India for Risk Manager are Mumbai, Kanpur, and Jaipur. In Mumbai, the average salary is ₹ 18,61,933 per year, while Kanpur offers ₹ 16,04,688, and Jaipur pays around ₹ 15,60,073 annually.

Which Job Pays More: Insurance Risk Manager or Risk Manager?

As of April 22, 2025 , a Insurance Risk Manager makes more than a Risk Manager. A Insurance Risk Manager earns an average annual salary of ₹ 25,33,262. And a Risk Manager earns an average annual salary of ₹ 17,18,060.

Job Title Salary Range in INR
Insurance Risk Manager
₹ 16,51,940
₹ 52,69,186
Risk Control Manager
₹ 14,33,708
₹ 41,55,593
Risk Analyst III
₹ 7,71,281
₹ 20,49,151
Risk Analyst IV
₹ 13,34,016
₹ 41,25,911
Risk Analyst I
₹ 2,30,616
₹ 10,25,663

Risk Manager Job Openings in India

Analyst - Business Consulting Risk - NAT - CNS - Risk - Digital Risk - Mumbai
EY
Mumbai, MH

Requisition Id : 1633287. As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in t...

Analyst - Business Consulting Risk - AMI - CNS - Risk - Process & Controls - Kolkata
EY
Kolkata, WB

Requisition Id : 1626842. As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in t...

Manager
PwC India
Greater Kolkata Area, WB

Line of Service. Advisory. Industry/Sector. Not Applicable. Specialism. Oracle. Management Level. Manager. Job Description & Summary. A career within ...

Manager
HCL Technologies Ltd
Noida/ Greater Noida, UP

Apply Manager, HCL Technologies Ltd in Noida/ Greater Noida for 7 - 12 year of Experience on TimesJobs.com

Assistant Manager / Manager Procurement
LAKSH HUMAN RESOURCE
Bangalore, KA

Apply Assistant Manager / Manager Procurement, LAKSH HUMAN RESOURCE in Bengaluru/ Bangalore for 4 - 8 year of Experience on TimesJobs.com

Territory Manager
Dr. Reddy's Laboratories
Surat, GJ

Company Description. Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000...

SEO Manager
Smart SEO Tech
Jaipur, RJ

Apply SEO Manager, Smart SEO Tech in Jaipur for 3 - 5 year of Experience on TimesJobs.com

Category Manager
Sika
Mumbai, MH

Company Description. Sika is a specialty chemicals company with a globally leading position in the development and production of systems and products ...

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