How much does a Senior Risk Manager make in Washington? The average Senior Risk Manager salary in Washington is $177,663 as of March 26, 2024, but the range typically falls between $158,269 and $201,590. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Senior Risk Manager Salary | $140,612 | WA | March 26, 2024 |
25th Percentile Senior Risk Manager Salary | $158,269 | WA | March 26, 2024 |
50th Percentile Senior Risk Manager Salary | $177,663 | WA | March 26, 2024 |
75th Percentile Senior Risk Manager Salary | $201,590 | WA | March 26, 2024 |
90th Percentile Senior Risk Manager Salary | $223,373 | WA | March 26, 2024 |
BEI Construction - Alameda, CA
Watermark Risk Management International, LLC - El Segundo, CA
Risk Management Analyst - Insurance
Public Storage - Glendale, CA
KKCS - Los Angeles, CA
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.
Claim Handling: involved in managing a claim from the start through to settlement, making decisions on the extent and validity of a claim, and checking for any potential fraudulent activity.
Litigation Management: Litigation Management refers to the practices put into place by a company or entity to avoid the risk and potential of a lawsuit.
Senior 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 Senior 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, Senior 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 Senior Risk Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Senior Risk Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Aberdeen, WA | Avg. Salary $171,730 | Date Updated March 26, 2024 |
Location Acme, WA | Avg. Salary $169,093 | Date Updated March 26, 2024 |
Location Addy, WA | Avg. Salary $166,786 | Date Updated March 26, 2024 |
Location Adna, WA | Avg. Salary $171,730 | Date Updated March 26, 2024 |
Location Airway Heights, WA | Avg. Salary $168,104 | Date Updated March 26, 2024 |
Location Albion, WA | Avg. Salary $166,786 | Date Updated March 26, 2024 |
Location Allyn, WA | Avg. Salary $177,828 | Date Updated March 26, 2024 |
Location Almira, WA | Avg. Salary $166,786 | Date Updated March 26, 2024 |
Location Amanda Park, WA | Avg. Salary $171,730 | Date Updated March 26, 2024 |
Location Amboy, WA | Avg. Salary $170,082 | Date Updated March 26, 2024 |
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 Senior Risk Manager, the first career path typically progresses to Insurance Risk Director.
Additionally, the second career path typically starts with a Risk Management Director position, and then progresses to Vice President of Risk Management.
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Jobs with different levels of education may pay very differently. Check the Senior Risk Manager salary of your education level.
Senior Risk Manager salary varies from country to country. There are several factors that mainly impact the Senior Risk Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Senior Risk Manager salary of the other country.
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About Washington Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the north....More
Skills associated with Senior Risk Manager: Risk Analysis, Compliance Monitoring, Risk Control, Financial Risk Management ...More
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Salary estimation for Senior Risk Manager at companies like : Pacific Financial Holdings Ltd, KitchenSinkInc, Finance Committee
Jobs with a similar salary range to Senior Risk Manager : Risk Director