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As of September 01, 2026, the average salary for a Manager, Risk Management in New Jersey is $146,722 per year, which breaks down to an hourly rate of $71.
However, a Manager, Risk Management's salary can vary significantly. Here’s a look at the typical salary range:
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Manager, Risk Management Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $159,881 | $13,323 | $3,075 | $77 |
| Average | $146,722 | $12,227 | $2,822 | $71 |
| 25th Percentile | $134,953 | $11,246 | $2,595 | $65 |
J.P. Morgan - Jersey City, NJ
J.P. Morgan - Jersey City, NJ
J.P. Morgan - Jersey City, NJ
Selective Insurance Company of America - Branchville, NJ
A Manager, Risk Management's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Manager, Risk Management's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Risk Anal... Level Manager, Risk Management | $173,891 |
| Risk Mana... Level Manager, Risk Management | $123,001 |
| Manager, ... Level Manager, Risk Management | $145,754 |
| Senior Ri... Level Manager, Risk Management | $169,503 |
| Risk Mana... Level Manager, Risk Management | $204,899 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Manager, Risk Managements. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Manager, Risk Management roles, the industry you choose can affect earning potential by as much as 52% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 30% above the average. In contrast, Manager, Risk Management positions in Biotechnology or Chemicals typically offer lower base pay, as these industries often view Manager, Risk Management as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $190,739 | $92.0 | 30% |
| Business Services | $168,730 | $81.0 | 15% |
| Construction | $161,394 | $78.0 | 10% |
| Retail & Wholesale | $158,460 | $76.0 | 8% |
| Energy & Utilities | $156,993 | $75.0 | 7% |
Understanding how a Manager, Risk Management's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $159,881 | $13,323 | $3,075 | $77 |
| Average | $146,722 | $12,227 | $2,822 | $71 |
| 25th Percentile | $134,953 | $11,246 | $2,595 | $65 |
Ready to take the next step in your career? Browse thousands of current Manager, Risk Management job openings on our job board. Use the search bar below to find your perfect match.
Sinai Post Acute Nursing & Rehab
Newark, NJ
Sinai Post Acute Nursing & Rehab | Newark, NJ
Job Description. Job Description. LPN Risk Management Coordinator. SALARY: $90,000 to $95,000 PER YEAR. BENEFITS. Medical, Dental & Vision Insurance. 401K.... more
4 Days Ago
BizTek People
Hoboken, NJ
BizTek People | Hoboken, NJ
Risk Management Analyst. One of the leading financial institutions is seeking a Risk Management Analyst who will be analyzing risk management activities an... more
6 Days Ago
The Rockridge Group
Fairfield, NJ
The Rockridge Group | Fairfield, NJ
Job Description. Job Description. . Job Title. Risk Management Analyst. Location. 185 US-46, Fairfield, NJ 07004, United States (Hybrid). . . JOB SUMM more
6 Days Ago
Rue Insurance
Trenton, NJ
Rue Insurance | Trenton, NJ
Risk Management Associate. Rue Insurance's Risk Management Associates are responsible for obtaining and retaining commercial property and casualty clients ... more
4 Days Ago
National Guard Employment Network
Millville, NJ
National Guard Employment Network | Millville, NJ
Job DescriptionPEG, LLC is in its twenty-eighth year being a diverse energy efficiency, engineering, environmental and management consulting firm operating... more
5 Days Ago
Confidential
Jersey City, NJ
Confidential | Jersey City, NJ
Vice President of Enterprise Risk Management. About the Company. Pioneering predictive analytics platform for the insurance industry. Industry. Information... more
7 Days Ago
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