How much does a Risk Management Director make in the United States? The average Risk Management Director salary in the United States is $151,349 as of July 26, 2022, but the range typically falls between $132,771 and $174,721. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Based on HR-reported data: a national average with a geographic differential
25% $132,771 10% $115,856 90% $196,000 75% $174,721 $151,349 50%(Median)
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Job Description for Risk Management Director

Risk Management Director develops and administers risk management programs. Designs and implements policies to comply with safety legislation and industry practices. Being a Risk Management Director coordinates and develops organization-wide programs for risk-free services. Acts as the liaison to attorneys, insurance companies, and individuals. Additionally, Risk Management Director investigates any incidences that may result in an asset loss. Extensive knowledge of legal issues related to organization liability and insurance trends. Promotes organization-wide understanding about risks and risk management strategies. Requires a bachelor's degree. Typically reports to top management. The Risk Management Director 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. To be a Risk Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2022 Salary.com)... View full job description

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Career Path for Risk Management Director

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Kevin J. Jacobs, Chief Financial Officer & President, Global Development
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands to franchisees. It operates hotels under the Waldo... More
Fiscal Year Ended in 2021
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
132771
174721
151349

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
144519
200616
171274
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Management Director in the United States. The base salary for Risk Management Director ranges from $132,771 to $174,721 with the average base salary of $151,349. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $144,519 to $200,616 with the average total cash compensation of $171,274.
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132771
174721

 

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Skills associated with Risk Management Director: Financial Risk Management Software, Loss Prevention, Risk Control, Governance, Risk & Compliance Software ...More

Salary estimation for Risk Management Director at companies like : ARAMARK, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP

Jobs with a similar salary range to Risk Management Director : Senior Director, Portfolio Management, Director of Audit & Risk Management, Director of Enterprise Risk Management