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What is the salary range of Risk Manager?

As of December 01, 2024, the average annual pay of Risk Manager in Concord, NH is $130,825. While Salary.com is seeing that Risk Manager salary in Concord, NH can go up to $159,809 or down to $105,374, but most earn between $117,503 and $145,996. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Manager in the United States.

Risk Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $141,469 $11,789 $2,721 $68
Average $126,768 $10,564 $2,438 $61
25th Percentile $113,859 $9,488 $2,190 $55

Average Salary

25% $117,503 10% $105,374 90% $159,809 75% $145,996 $130,825 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Risk Manager $125,203
Intermediate Level Risk Manager $125,797
Senior Level Risk Manager $127,181
Specialist Level Risk Manager $128,764
Expert Level Risk Manager $131,726
$125,203 0 yr
$125,797 < 2 yrs
$127,181 2-4 yrs
$128,764 5-8 yrs
$131,726 > 8 yrs
Last Updated on December 01, 2024
Entry Level 1%
Mid Level 1%
Senior Level 0%
Top Level 2%
Experienced 4%
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Last Updated on December 01, 2024

Job Openings of Risk Manager

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Cost of Living In Concord, NH

Cost of Living in Concord , NH is
13.0% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Risk Manager

What skills does a Risk Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

3.

Root Cause Analysis: In science and engineering, root cause analysis (RCA) is a method of problem solving used for identifying the root causes of faults or problems. It is widely used in IT operations, telecommunications, industrial process control, accident analysis (e.g., in aviation, rail transport, or nuclear plants), medicine (for medical diagnosis), healthcare industry (e.g., for epidemiology), etc. RCA can be decomposed into four steps: Identify and describe clearly the problem. Establish a timeline from the normal situation up to the time the problem occurred. Distinguish between the root cause and other causal factors (e.g., using event correlation). Establish a causal graph between the root cause and the problem.RCA generally serves as input to a remediation process whereby corrective actions are taken to prevent the problem from reoccurring. The name of this process varies from one application domain to another.

Risk Management 31.68%
Accounting 1.37%
Root Cause Analysis 0.79%
Others 66.16%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Risk Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Commitment, you can get a 6% salary raise. If you are good at Influencing, your salary will increase by 6%. If you are expert in Communication Skills, your salary will rise by 5%.
Skill Salary Demand
Commitment
$138,674
6%
Influencing
$138,674
6%
Communication Skills
$137,366
5%
Accountability
$137,366
5%
Partnering
$137,366
5%
Operational Risk
$137,366
5%
Last Updated on December 01, 2024

About Our Data

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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The average salary for a Risk Manager is $130,825 per year in Concord, NH, updated at December 01, 2024.
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