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As of August 01, 2026, the average salary for a Financial Risk Manager in Kentucky is $125,310 per year, which breaks down to an hourly rate of $60.
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 | $136,551 | $11,379 | $2,626 | $66 |
| Average | $125,310 | $10,443 | $2,410 | $60 |
| 25th Percentile | $115,255 | $9,605 | $2,216 | $55 |
Forcht Bank - Somerset, KY
Morehead State University - Morehead, KY
City of Henderson - Henderson, KY
Akumin - Frankfort, KY
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 | $135,160 |
| Insurance... Level Financial Risk Manager | $102,159 |
| Financial... Level Financial Risk Manager | $124,483 |
| Insurance... Level Financial Risk Manager | $172,786 |
| Insurance... Level Financial Risk Manager | $210,893 |
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 | $150,372 | $72.0 | 20% |
| Software & Networking | $150,372 | $72.0 | 20% |
| Energy & Utilities | $144,107 | $69.0 | 15% |
| Financial Services | $144,107 | $69.0 | 15% |
| Pharmaceuticals | $137,841 | $66.0 | 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 | $136,551 | $11,379 | $2,626 | $66 |
| Average | $125,310 | $10,443 | $2,410 | $60 |
| 25th Percentile | $115,255 | $9,605 | $2,216 | $55 |
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.
Equus
Louisville, KY
Equus | Louisville, KY
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Cardinal Hill Healthcare System
Eminence, KY
Cardinal Hill Healthcare System | Eminence, KY
Quality/Risk Director Career Opportunity Highly regarded and valued for your Quality/Risk Director expertise Are you seeking a career that not only utilize... more
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USI Insurance Services
Louisville, KY
USI Insurance Services | Louisville, KY
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Hueman Risk Adjustment Solutions
Owensboro, KY
Hueman Risk Adjustment Solutions | Owensboro, KY
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RECO Equipment, Inc.
, KY
RECO Equipment, Inc. | , KY
RECO Equipment, Inc. is seeking a General Counsel to build and own the legal function. Based in Belmont, OH with hybrid flexibility, the role oversees coll... more
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