As of December 01, 2024, the average annual pay of Senior Risk Manager in IL is $170,202. While Salary.com is seeing that the highest pay for Senior Risk Manager in Illinois can go up to $211,164 and the lowest down to $135,061, but most earn between $151,808 and $191,643. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Risk Manager in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $187,334 | $15,611 | $3,603 | $90 |
| Average | $166,375 | $13,865 | $3,200 | $80 |
| 25th Percentile | $148,395 | $12,366 | $2,854 | $71 |
An entry-level Senior Risk Manager with under 1 year experience makes about $158,125. With less than 2 years of experience, a mid-level Senior Risk Manager makes around $159,764. After 2-4 years, the Senior Risk Manager pay rises to about $162,495. Those senior Senior Risk Manager with 5-8 years of experience earn roughly $165,226, and those Senior Risk Manager having 8 years or more experience are expected to earn about $169,959 on average.
| Levels | Salary |
|---|---|
| Entry Level Senior Risk Manager | $158,125 |
| Intermediate Level Senior Risk Manager | $159,764 |
| Senior Level Senior Risk Manager | $162,495 |
| Specialist Level Senior Risk Manager | $165,226 |
| Expert Level Senior Risk Manager | $169,959 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 2% |
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Senior Risk Manager salary varies from city to city. Compared with national average salary of Senior Risk Manager, the highest Senior Risk Manager salary is in San Francisco, CA, where the Senior Risk Manager salary is 25.0% above. The lowest Senior Risk Manager salary is in Miami, FL, where the Senior Risk Manager salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $207,969 |
25.0%
|
| Washington, DC | $185,175 |
11.3%
|
| Miami, FL | $160,552 |
|
| Chicago, IL | $174,527 |
4.9%
|
| Boston, MA | $186,506 |
12.1%
|
| New York, NY | $194,326 |
16.8%
|
