How Much Does a Hospital Risk Manager Make in Illinois?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Hospital Risk Manager in Illinois is $106,729. While Salary.com is seeing that Hospital Risk Manager salary in IL can go up to $143,624 or down to $68,650, but most earn between $86,797 and $126,041. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $86,797 10% $68,650 90% $143,624 75% $126,041 $106,729 50%(Median)
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Similar Job Salaries to Hospital Risk Manager by Company

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Company average base salary in (usd) range
Clinical Management Consultants
Hospital Risk Program Manager
$166,782/yr
$142,589
$190,974
RANGE: $142,589 - $190,974
McDonald's Corporation
Manager, Governance, Risk, & Compliance
$166,542/yr
$142,964
$190,121
RANGE: $142,964 - $190,121
CIBC Bank USA
Operational Risk Reporting Manager
$97,968/yr
$83,908
$112,029
RANGE: $83,908 - $112,029
PwC
PLS Compliance Risk Manager
$136,344/yr
$116,509
$156,178
RANGE: $116,509 - $156,178
Allstate Insurance Co.
Operational Risk Senior Manager
$226,307/yr
$186,687
$265,928
RANGE: $186,687 - $265,928
Apex Systems
Risk Project Manager
$121,304/yr
$104,777
$137,832
RANGE: $104,777 - $137,832
Streamwood Behavioral Healthcare System
Manager, Risk Management
$141,424/yr
$121,599
$161,248
RANGE: $121,599 - $161,248
BMO Bank N.A.
Risk and Compliance Manager- TPS
$120,771/yr
$103,769
$137,773
RANGE: $103,769 - $137,773
Heitmeyer Consulting
IT Risk Manager
$142,237/yr
$122,299
$162,175
RANGE: $122,299 - $162,175
Bally’s Chicago
Construction Risk and Safety Manager
$117,481/yr
$101,655
$133,308
RANGE: $101,655 - $133,308

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Top 10 Highest Paying Cities For Hospital Risk Manager Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Hospital Risk Manager can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Hospital Risk Manager job salaries in Illinois. Some cities can pay higher salaries for Hospital Risk Manager jobs, which can indicate that there is a large demand for Hospital Risk Manager positions in this city.
The following table shows top 10 cities where the Hospital Risk Manager salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Hospital Risk Manager salary is $109,441 in Chicago, which is higher than the national average. There are 20 cities' Hospital Risk Manager salary higher than national average in Illinois.
The average salary for a Hospital Risk Manager in Illinois is $106,729, but we found that the city with the highest salary for Hospital Risk Manager jobs is Chicago, IL, and it is higher than Cicero. Hospital Risk Manager jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $109,441 $9,120 $2,105 $53
Cicero $109,441 $9,120 $2,105 $53
Evanston $109,441 $9,120 $2,105 $53
Oak Park $109,441 $9,120 $2,105 $53
Skokie $109,441 $9,120 $2,105 $53
Oak Lawn $109,337 $9,111 $2,103 $53
Des Plaines $109,128 $9,094 $2,099 $52
Mount Prospect $109,024 $9,085 $2,097 $52
Aurora $108,502 $9,042 $2,087 $52
Hoffman Estates $108,502 $9,042 $2,087 $52

What Does a Hospital Risk Manager Do?

In summary, a healthcare risk management manager reduces or eliminates the potential risks that might affect a healthcare facility.
Updated December 13, 2021
Risk Managers work tirelessly to proactively prevent situations that can result in losses, harm or liability.
Updated October 05, 2021
They also provide risk management training to key health care organization staff, such as other managers or front-line supervisors.
Updated December 22, 2021
However, almost all health care risk managers will assist with incident management involving minor, daily problems and major, unexpected events.
Updated December 20, 2021
In order to get a decent job, you need to have at least five years of experience working as a risk analyst and manager.
Updated December 20, 2021

Frequently Asked Questions About a Hospital Risk Manager Salaries

What is the average of a Hospital Risk Manager in Illinois?

The Hospital Risk Manager salary range is from $86,797 to $126,041, and the average Hospital Risk Manager salary is $106,729/year in Illinois. The Hospital Risk Manager's salary will change in different locations.

Which location pays the highest Hospital Risk Manager salary in the United States?

The Hospital Risk Manager salary in San Jose, CA is $130,933 which is the highest in the US.

What kinds of reasons will influence the Hospital Risk Manager's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Hospital Risk Manager.

What is the growth rate of the Hospital Risk Manager's salary?

If you are thinking of becoming a Hospital Risk Manager or planning the next step in your career, find the detailed salary report of a Hospital Risk Manager.