How Much Does a Risk Management Executive Make in Michigan?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Risk Management Executive in Michigan is $130,451. While Salary.com is seeing that Risk Management Executive salary in MI can go up to $170,460 or down to $84,470, but most earn between $106,383 and $151,393. 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% $106,383 10% $84,470 90% $170,460 75% $151,393 $130,451 50%(Median)
Related Job Titles to Risk Management Executive
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Similar Job Salaries to Risk Management Executive by Company

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Company average base salary in (usd) range
Kapnick Insurance Group
Commercial Risk Account Executive
$96,880/yr
$79,612
$114,148
RANGE: $79,612 - $114,148
Avfuel Corporation
Insurance Risk Management Administrator
$154,438/yr
$119,175
$189,701
RANGE: $119,175 - $189,701
Aspire Rural Health System
Risk Management Specialist
$119,506/yr
$102,507
$136,506
RANGE: $102,507 - $136,506
Deckerville Community Hospital
Risk Management Specialist
$119,506/yr
$102,507
$136,506
RANGE: $102,507 - $136,506
Stone Transport
Safety and Risk Management Specialist
$71,413/yr
$58,988
$83,838
RANGE: $58,988 - $83,838
4Front Credit Union
RISK MANAGEMENT MANAGER
$103,031/yr
$88,926
$117,136
RANGE: $88,926 - $117,136
Marlette Regional Hospital
Risk Management Specialist
$119,506/yr
$102,507
$136,506
RANGE: $102,507 - $136,506

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Top 10 Highest Paying Cities For Risk Management Executive Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Risk Management Executive can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Risk Management Executive job salaries in Michigan. Some cities can pay higher salaries for Risk Management Executive jobs, which can indicate that there is a large demand for Risk Management Executive positions in this city.
The following table shows top 10 cities where the Risk Management Executive salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Risk Management Executive salary is $135,605 in Ann Arbor, which is higher than the national average. There are 18 cities' Risk Management Executive salary higher than national average in Michigan.
The average salary for a Risk Management Executive in Michigan is $130,451, but we found that the city with the highest salary for Risk Management Executive jobs is Ann Arbor, MI, and it is higher than Canton. Risk Management Executive jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $135,605 $11,300 $2,608 $65
Canton $135,341 $11,278 $2,603 $65
Novi $134,945 $11,245 $2,595 $65
Westland $133,887 $11,157 $2,575 $64
West Bloomfield $133,359 $11,113 $2,565 $64
Detroit $133,226 $11,102 $2,562 $64
Warren $133,226 $11,102 $2,562 $64
Dearborn $133,226 $11,102 $2,562 $64
Waterford $133,226 $11,102 $2,562 $64
Dearborn Heights $133,094 $11,091 $2,560 $64

What Does a Risk Management Executive Do?

Some of them may involve trade-offs that are not acceptable to the organization or person making the risk management decisions.
Updated December 14, 2021
ERM model is effective for risk management as it allows for risks and costs to be evaluated comprehensively.
Updated December 22, 2021
The principles and tools for quality risk management are increasingly being applied to different aspects of pharmaceutical quality systems.
Updated December 20, 2021
The standard provides a process framework and associated requirements for management responsibilities, risk analysis and evaluation, risk controls and lifecycle risk management.
Updated December 19, 2021
Emphasizing and enhance Systemwide communication regarding best practices in administering risk management processes and programs.
Updated December 16, 2021

Frequently Asked Questions About a Risk Management Executive Salaries

What is the average of a Risk Management Executive in Michigan?

The Risk Management Executive salary range is from $106,383 to $151,393, and the average Risk Management Executive salary is $130,451/year in Michigan. The Risk Management Executive's salary will change in different locations.

Which location pays the highest Risk Management Executive salary in the United States?

The Risk Management Executive salary in San Jose, CA is $165,872 which is the highest in the US.

What kinds of reasons will influence the Risk Management Executive'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 Risk Management Executive.

What is the growth rate of the Risk Management Executive's salary?

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