How much does a Risk Manager make in North Granby, CT? The average Risk Manager salary in North Granby, CT is $130,949 as of September 01, 2024, but the range typically falls between $117,612 and $146,136. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Risk Manager Salary | $105,469 | North Granby,CT | September 01, 2024 |
25th Percentile Risk Manager Salary | $117,612 | North Granby,CT | September 01, 2024 |
50th Percentile Risk Manager Salary | $130,949 | North Granby,CT | September 01, 2024 |
75th Percentile Risk Manager Salary | $146,136 | North Granby,CT | September 01, 2024 |
90th Percentile Risk Manager Salary | $159,964 | North Granby,CT | September 01, 2024 |
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.
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.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
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.
Skill | Salary | Demand |
---|---|---|
Commitment
|
$138,805 |
6%
|
Influencing
|
$138,805 |
6%
|
Operational Risk Management
|
$137,496 |
5%
|
Financial Services
|
$137,496 |
5%
|
Communication Skills
|
$137,496 |
5%
|
Accountability
|
$137,496 |
5%
|
What Should I Pay?
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. Being a Risk Manager 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. Additionally, Risk Manager 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. 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. To be a Risk Manager 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. (Copyright 2024 Salary.com)... View full job description
Salary.com job board provides millions of Risk Manager information for you to search for. Click on search button below to see Risk Manager job openings or enter a new job title here.
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Risk Manager, the first career path typically progresses to E-commerce Risk Director.
The second career path typically starts with an Insurance Risk Senior Manager position, and then progresses to Insurance Risk Director.
Additionally, the third career path typically starts with a Senior Risk Manager position, and then progresses to Risk Management Director.
Salary.com's CompAnalyst platform offers:
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 | Compared to national average |
---|---|
City, State San Francisco, CA |
Compared to national average
|
City, State Washington, DC |
Compared to national average
|
City, State Miami, FL |
Compared to national average
|
City, State Chicago, IL |
Compared to national average
|
City, State Boston, MA |
Compared to national average
|
City, State New York, NY |
Compared to national average
|
City, State Dallas, TX |
Compared to national average
|
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Credit Risk Manager | Experience 5 + | EducationMasters | Salary Compared to This Job |
Job Title Insurance Risk Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Risk Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Risk Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Risk Manager salary of your education level.
Risk Manager salary varies from country to country. There are several factors that mainly impact the Risk Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Risk Manager salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Risk Manager salary varies from category to category. Click below to see Risk Manager salary in different categories.
Take just three simple steps below to generate your own personalized salary report
Core compensation
Includes base and annual incentives
About North Granby, Connecticut North Granby is a village and census-designated place (CDP) in Hartford County, Connecticut, United States. It is part of the town of Granby. The popu....More
North Granby, Connecticut area prices were up 1.6% from a year ago View the Cost of Living in North Granby, Connecticut
Risk Manager Salary in popular cities: Bridgeport, New Haven, Hartford
Skills associated with Risk Manager: Operational Risk, Market Research, Risk Analysis, Statistical Analysis ...More
Recently searched related titles: Enterprise Risk Manager
Recently searched related titles: Risk Adjustment Manager, Cyber Risk Manager, Third Party Risk Manager
Jobs with a similar salary range to Risk Manager : Business Risk Manager, Clinical Risk Manager, Risk Assessment Manager, Program Manager, Risk Management, Manager, Risk Operations, Manager, Corporate Risk
Salary estimation for Risk Manager at companies like : Contact APEX Power Services Corporation - Apex Power Services Corp, Alliance-development.com, UMN Medical School of Pshychiatry
Jobs with a similar salary range to Risk Manager : Regional Risk Manager, Market Risk Manager, Mitigation Manager