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As of August 01, 2026, the average salary for a Financial Risk Manager in Indiana is $127,827 per year, which breaks down to an hourly rate of $61.
However, a Financial Risk Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Risk Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $139,294 | $11,608 | $2,679 | $67 |
| Average | $127,827 | $10,652 | $2,458 | $61 |
| 25th Percentile | $117,570 | $9,797 | $2,261 | $57 |
KINETIC ADVANTAGE LLC - Indianapolis, IN
Precinmac - Indianapolis, IN
Community Health Network - Indianapolis, IN
Turner Construction - Indianapolis, IN
A Financial Risk Manager'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 Financial Risk Manager'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 |
|---|---|
| Insurance... Level Financial Risk Manager | $137,875 |
| Insurance... Level Financial Risk Manager | $104,211 |
| Financial... Level Financial Risk Manager | $126,983 |
| Insurance... Level Financial Risk Manager | $176,257 |
| Insurance... Level Financial Risk Manager | $215,129 |
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 Financial Risk Managers. 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 Financial Risk Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Software & Networking sectors offer the strongest compensation, at 20% above the average. In contrast, Financial Risk Manager positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Financial Risk Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $153,392 | $74.0 | 20% |
| Software & Networking | $153,392 | $74.0 | 20% |
| Energy & Utilities | $147,001 | $71.0 | 15% |
| Financial Services | $147,001 | $71.0 | 15% |
| Pharmaceuticals | $140,610 | $68.0 | 10% |
Understanding how a Financial Risk Manager'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 | $139,294 | $11,608 | $2,679 | $67 |
| Average | $127,827 | $10,652 | $2,458 | $61 |
| 25th Percentile | $117,570 | $9,797 | $2,261 | $57 |
Ready to take the next step in your career? Browse thousands of current Financial Risk Manager job openings on our job board. Use the search bar below to find your perfect match.
Indianapolis Staffing
Indianapolis, IN
Indianapolis Staffing | Indianapolis, IN
Financial Project Manager Bowman has an opportunity for a Financial Project Manager to join our team remotely.At Bowman, we believe in creating opportuniti... more
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Fifth Third
South Bend, IN
Fifth Third | South Bend, IN
Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step. Discover a career in banking at Fift... more
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Northwest Bank
South Bend, IN
Northwest Bank | South Bend, IN
Job DescriptionDESCRIPTIONAs a Financial Center Manager, you will be responsible for overseeing the daily operations of the financial center while ensuring... more
7 Days Ago
Northwest Bank
Mishawaka, IN
Northwest Bank | Mishawaka, IN
IN0547 Mishawaka - Church StJob DescriptionDESCRIPTIONAs a Financial Center Assistant Manager, you will be responsible for assisting the Financial Center M... more
7 Days Ago
MRINetwork Jobs
Tipton, IN
MRINetwork Jobs | Tipton, IN
Job Description. Job Description. Financial Reporting Manager. . We have a tremendous opportunity for someone with financial reporting experience within a ... more
7 Days Ago
First Bank Midwest
Richmond, IN
First Bank Midwest | Richmond, IN
Job Description. Job Description. Description. The Financial Center Manager serves as the senior leader responsible for driving the growth, visibility, and... more
7 Days Ago
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