The average salary for a risk management specialist in the United States is around $90,200 per year.
Avg Salary
Risk management specialists earn an average yearly salary of $90,200.
Wages typically start from $50,116 and go up to $162,344.
51% above national average Updated in 2023
Risk management specialist earnings by seniority
Top-level risk management specialist earnings begin at:
$78.05 per hour
$162,344 per year
Senior-level risk management specialist earnings begin at:
$59.08 per hour
$122,895 per year
Mid-level risk management specialist earnings begin at:
$43.37 per hour
$90,200 per year
Junior-level risk management specialist earnings begin at:
$31.83 per hour
$66,203 per year
Starting level risk management specialist earnings begin at:
$24.09 per hour
$50,116 per year
Approximate values based on highest and lowest earning segments.
Risk management specialist salary by state
| State Name | Average Salary |
|---|---|
| Maryland | $87,190 |
| New York | $81,960 |
| Connecticut | $81,090 |
| Virginia | $80,950 |
| New Jersey | $80,510 |
| Ohio | $80,290 |
| Colorado | $79,830 |
| Oregon | $79,030 |
| Rhode Island | $78,870 |
| Indiana | $78,120 |
| Pennsylvania | $78,080 |
| Massachusetts | $77,740 |
| South Carolina | $77,560 |
| Hawaii | $77,450 |
| Illinois | $77,450 |
| California | $77,420 |
| North Carolina | $76,570 |
| Alaska | $76,540 |
| Utah | $76,450 |
| Michigan | $75,560 |
| North Dakota | $75,420 |
| Georgia | $75,090 |
| Minnesota | $74,670 |
| Alabama | $73,510 |
| Delaware | $73,080 |
| Guam | $71,410 |
| West Virginia | $71,240 |
| Washington | $70,800 |
| Arizona | $69,200 |
| New Hampshire | $68,870 |
| Oklahoma | $66,790 |
| Maine | $63,830 |
| Vermont | $63,470 |
| New Mexico | $62,710 |
| Montana | $62,340 |
| Texas | $61,570 |
| Missouri | $61,170 |
| Iowa | $60,970 |
| Arkansas | $60,830 |
| Tennessee | $60,390 |
| Louisiana | $57,760 |
| Nebraska | $55,390 |
| Kentucky | $53,410 |
| Wyoming | $53,410 |
| Idaho | $50,990 |
| Wisconsin | $50,120 |
| Mississippi | $49,490 |
| South Dakota | $48,300 |
| Florida | $48,270 |
| Kansas | $48,060 |
| Nevada | $39,780 |
| Puerto Rico | $30,470 |
| District of Columbia | $107,540 |
How do risk management specialist salaries compare to similar careers?
Risk management specialists earn about the same as related careers in the United States. On average, they make less than actuaries but more than mathematicians.
| Career | Median Salary |
|---|---|
| Actuary salary | $121K |
| Statistician salary | $101K |
| Financial manager salary | $97K |
| Financial quantitative analyst salary | $98K |
| Risk management specialist salary | $90K |
| Economist salary | $84K |
| Consultant salary | $87K |
| Investment banker salary | $79K |
| Mathematician salary | $75K |
Source: CareerExplorer (Aggregated)