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Risk Manager Salary in 2026

Identify, assess, and mitigate organizational risks across financial and operational domains.

Median Salary

$105,000

$8,750/mo

Entry Level

$72,000

starting pay

Senior Level

$148,000

experienced

Job Growth

+10%

10-yr outlook

Risk Manager Overview

Identify, assess, and mitigate organizational risks across financial and operational domains.

Education

Bachelor's/Master's

Experience

5-8 years

Industry

Finance

Total Jobs (US)

50K

5-Year Growth

+14%

Category

Finance

Hourly Rate

$50.48/hr

Monthly Pay

$8,750

Risk Manager Salary Calculator

Adjust your state and experience level to see the estimated Risk Manager salary in your area.

Mid Career (5-9 yrs)

Estimated Risk Manager Salary

$122,000

$10,167/month · $4,692/biweekly · $58.65/hr

Risk Manager Salary Range

Salary distribution from entry-level to top earners in the Risk Manager field.

25th Percentile$85,200
$85K
Median (50th)$105,000
$105K
75th Percentile$126,500
$127K
90th Percentile$164,000
$164K
Top Earners$180,000
$180K

Entry-level Risk Managers earn around $72,000, while the top 10% earn $164,000 or more.

Top Paying States for Risk Managers

StateEst. Median Salaryvs National
California$124,000+$19,000
New York$121,000+$16,000
Connecticut$116,000+$11,000
Illinois$109,000+$4,000
Texas$103,000$-2,000

Top Paying Cities for Risk Managers

CityEst. Median Salaryvs National
San Francisco$131,000+$26,000
New York$124,000+$19,000
Hartford$111,000+$6,000
Chicago$110,000+$5,000
Dallas$105,000$0

Required Skills & Certifications

Key Skills

Risk AssessmentComplianceInsuranceFinancial ModelingRegulatory Frameworks

Certifications

FRMCRM

Risk Manager Career Progression

Typical salary growth path for a Risk Manager from entry level to expert.

Entry Level

$72,000

0-2 years

Mid Career

$110,000

3-7 years

Senior

$148,000

8-14 years

Lead / Expert

$180,000

15+ years

EntryExpert

Risk Manager Salary FAQ

Methodology & Data Sources — Risk Manager Salary

How we calculate Risk Manager salary data: Our figures combine BLS Occupational Employment and Wage Statistics (OEWS) for the national salary baseline, adjusted by cost-of-living multipliers from the C2ER Cost of Living Index. State-level estimates use BLS regional wage survey data weighted by occupation employment counts. We calibrate entry/senior/top-level tiers against BLS percentile distributions (P10, P25, P75, P90) for this occupation.

  1. National median salary: $105,000 — sourced from BLS OEWS for SOC code corresponding to Risk Manager in the Finance sector.
  2. Entry-level ($72,000) and senior-level ($148,000) figures reflect BLS P25 and P75 percentile wage estimates adjusted for experience.
  3. Job outlook: +10% projected growth through 2034, from BLS Employment Projections program. Approximately 50K total positions nationwide.
  4. 5-year salary growth: 14% over the past 5 years, derived from BLS Employment Cost Index for Finance sector wages.
  5. Education requirement: Bachelor's/Master's, per BLS Occupational Outlook Handbook entry for this occupation.
  6. State-level estimates use BLS regional CPI-U data and OEWS metropolitan area wage surveys, normalized to the national median of $105,000.

Authoritative US data sources for Risk Manager compensation:

Disclaimer: Risk Manager salary figures are statistical estimates for general guidance. Actual compensation depends on employer, location, negotiation, specific skills (Risk Assessment, Compliance, Insurance), certifications, and industry conditions. Always verify with multiple sources including current job listings, recruiter data, and direct employer offers before making career decisions.

Reviewed by Brazora Monk · Last updated 2026 · BLS data current as of latest OEWS annual release

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