upper level job

How much does a Risk Manager make in IL?

As of March 01, 2025, the average annual salary for a Risk Manager in Illinois is $132,134. Salary.com reports that pay typically ranges from $117,990 to $148,315, with most professionals earning between $105,112 and $163,047.

Risk Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $144,981 $12,082 $2,788 $70
Average $129,163 $10,764 $2,484 $62
25th Percentile $115,337 $9,611 $2,218 $55

Average Salary

25% $117,990 10% $105,112 90% $163,047 75% $148,315 $132,134 50%(Median) Didn’t find job title? Click
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How much does a Risk Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Risk Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Risk Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025
Levels Salary
Entry Level Risk Manager $124,111
Intermediate Level Risk Manager $124,700
Senior Level Risk Manager $126,072
Specialist Level Risk Manager $127,641
Expert Level Risk Manager $130,577
$124,111 0 yr
$124,700 < 2 yrs
$126,072 2-4 yrs
$127,641 5-8 yrs
$130,577 > 8 yrs
Last Updated on March 01, 2025
Entry Level 4%
Mid Level 3%
Senior Level 2%
Top Level 1%
Experienced 1%
View as graph
Last Updated on March 01, 2025

Job Openings of Risk Manager

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Cost of Living In Illinois

Cost of Living in Illinois is
2.3% 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.

View Risk Manager Pay Difference by Location

Risk Manager salary varies from city to city. Compared with national average salary of Risk Manager, the highest Risk Manager salary is in San Francisco, CA, where the Risk Manager salary is 25.0% above. The lowest Risk Manager salary is in Miami, FL, where the Risk Manager salary is 3.5% lower than national average salary.

City, State Price Compared to national average
San Francisco, CA $161,454
25.0%
Washington, DC $143,759
11.3%
Miami, FL $124,643
-3.5%
Chicago, IL $135,492
4.9%
Boston, MA $144,792
12.1%
New York, NY $150,863
16.8%

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 $132,134 per year in Illinois, updated at March 01, 2025.
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