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Risk Manager Salaries in Canada

• What is the average Risk Manager salary in Canada?
  How much does a Risk Manager in Canada make? The median annual Risk Manager salary in Canada is C$127,142, as of June 27, 2024, with a range usually between C$111,912-C$150,186 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Risk Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Risk Manager in Canada.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Risk Manager in , that make less than that salary. For example 50% of the people who perform the job of Risk Manager in are expected to make less than the median.
  Source: HR Reported data as of June 27, 2024

• Job Description for Risk Manager
  Manages and administers an organization's risk-management programs. Implements policies, procedures, and controls to monitor and minimize the risk exposure of assets. Researches internal and external risk factors including economic, market, and regulatory risks that may affect the organization. Routinely evaluates the effectiveness of procedures and collaborates with internal stakeholders to monitor changes in the business environment. Manages statistical analysis and designing 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. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View full job description

• Similar Job titles to Risk Manager
  • Insurance Risk Analyst I
  • Insurance Risk Analyst II
  • Insurance Risk Analyst III
  • Insurance Risk Analyst IV
  • Insurance Risk Analyst V
  • Insurance Risk Manager
  • Insurance Risk Senior Manager
  • Risk Analyst I

• Level of Education
  • Risk Manager Salaries with a Bachelor's Degree
  • Risk Manager Salaries with a Master's Degree or MBA
  • Risk Manager Salaries with a JD, MD, PhD or Equivalent

• Industries that include Risk Manager
  • Aerospace & Defense ,
  • Biotechnology ,
  • Business Services ,
  • Chemicals ,
  • Construction ,
  • Edu., Gov't. & Nonprofit ,
  • Energy & Utilities ,
  • Financial Services ,
  • Healthcare ,
  • Hospitality & Leisure ,
  • Insurance ,
  • Internet ,
  • Media ,
  • MFG Durable ,
  • MFG Nondurable ,
  • Pharmaceuticals ,
  • Retail & Wholesale ,
  • Software & Networking ,
  • Telecom ,
  • Transportation

• Categories that include Risk Manager
  • Insurance

• Risk Manager Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Insurance Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K