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As of August 01, 2026, the average salary for a Risk Management Specialist in Virginia is $126,264 per year, which breaks down to an hourly rate of $61.
However, a Risk Management Specialist's salary can vary significantly. Here’s a look at the typical salary range:
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Risk Management Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $137,465 | $11,455 | $2,644 | $66 |
| Average | $126,264 | $10,522 | $2,428 | $61 |
| 25th Percentile | $118,109 | $9,842 | $2,271 | $57 |
W A Kendall and Company LLC - Norfolk, VA
W A Kendall and Company LLC - Suffolk, VA
Sony Corporation of America - Reston, VA
Watermark Risk Management International - Falls Church, VA
A Risk Management Specialist'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 Risk Management Specialist'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 Risk Management Specialist | $81,323 |
| Risk Anal... Level Risk Management Specialist | $98,963 |
| Risk Mana... Level Risk Management Specialist | $125,440 |
| Risk Anal... Level Risk Management Specialist | $159,465 |
| Risk Mana... Level Risk Management Specialist | $112,806 |
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 Risk Management Specialists. 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 Risk Management Specialist roles, the industry you choose can affect earning potential by as much as 76% (the gap between the highest and lowest paying industries). Data shows that the Transportation and Telecom sectors offer the strongest compensation, at 38% above the average. In contrast, Risk Management Specialist positions in Aerospace & Defense or Biotechnology typically offer lower base pay, as these industries often view Risk Management Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Transportation | $174,244 | $84.0 | 38% |
| Telecom | $169,193 | $81.0 | 34% |
| Software & Networking | $164,143 | $79.0 | 30% |
| Retail & Wholesale | $159,092 | $76.0 | 26% |
| Pharmaceuticals | $154,042 | $74.0 | 22% |
Understanding how a Risk Management Specialist'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 | $137,465 | $11,455 | $2,644 | $66 |
| Average | $126,264 | $10,522 | $2,428 | $61 |
| 25th Percentile | $118,109 | $9,842 | $2,271 | $57 |
Ready to take the next step in your career? Browse thousands of current Risk Management Specialist job openings on our job board. Use the search bar below to find your perfect match.
YMCA of Greater Richmond
Richmond, VA
YMCA of Greater Richmond | Richmond, VA
Job Description. Job Description. The Greater Richmond YMCA is currently seeking a highly motivated, organized, team-oriented professional to serve as the ... more
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Appalachian Agency For Senior Citizens Inc
Cedar Bluff, VA
Appalachian Agency For Senior Citizens Inc | Cedar Bluff, VA
Job Description. Job Description. SAFETY AND RISK MANAGEMENT DIRECTOR. Are you passionate about maintaining a safe workplace. Do you have risk management e... more
3 Days Ago
LTC Solutions
Quantico, VA
LTC Solutions | Quantico, VA
Program Analyst Risk ManagementLTC Solutions, LLC is a small company with a huge commitment to supporting our employees and providing quality services to o... more
5 Days Ago
Capital One
Capitol, VA
Capital One | Capitol, VA
Principal Associate, Risk Management - Hybrid The Enterprise Payments Governance and Oversight team is seeking a dynamic Principal Associate who will play ... more
2 Days Ago
Capital One
Capitol View, VA
Capital One | Capitol View, VA
Principal Associate, Risk Management - Hybrid The Enterprise Payments Governance and Oversight team is seeking a dynamic Principal Associate who will play ... more
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DeVillier's Technology Solutions
Stafford, VA
DeVillier's Technology Solutions | Stafford, VA
Job Description. Job Description. Position SummaryThe candidate shall be responsible for analyzing Software applications and encryption technology product(... more
3 Days Ago
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