Risk Manager Salary in Michigan

How much does a Risk Manager make in Michigan? The average Risk Manager salary in Michigan is $114,031 as of January 20, 2020, but the range typically falls between $98,889 and $131,254. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $98,889 10% $85,103 90% $146,934 75% $131,254 $114,031 50%(Median)
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Job Description

Risk Manager develops and administers risk-management and loss-prevention programs. Initiates policies to comply with safety legislation and industry practices. Being a Risk Manager researches and reports on the most cost effective plans to minimize asset liability. Acts as the liaison to attorneys, insurance companies and individuals, investigating any incidences that may result in asset loss. Additionally, Risk Manager reviews and analyzes risk management programs for the effectiveness of coverage and to reduce costs and losses. Requires a bachelor's degree. Typically reports to top management. The Risk Manager 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. Extensive knowledge of department processes. To be a Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $116,560 Date Updated January 20, 2020
Location Acme, MI Avg. Salary $107,259 Date Updated January 20, 2020
Location Ada, MI Avg. Salary $111,171 Date Updated January 20, 2020
Location Addison, MI Avg. Salary $115,751 Date Updated January 20, 2020
Location Adrian, MI Avg. Salary $113,592 Date Updated January 20, 2020
Location Afton, MI Avg. Salary $105,176 Date Updated January 20, 2020
Location Ahmeek, MI Avg. Salary $107,718 Date Updated January 20, 2020
Location Akron, MI Avg. Salary $105,298 Date Updated January 20, 2020
Location Alanson, MI Avg. Salary $105,176 Date Updated January 20, 2020
Location Alba, MI Avg. Salary $105,176 Date Updated January 20, 2020
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