▼10%
C$109,234
Avg. Base Salary (CAD)
/ year
Avg. Base Salary (CAD)
10%
CA$87k
MEDIAN
CA$109k
90%
CA$142k
The average salary for a Senior Risk Manager is C$109,234 in 2025
Base Salary
C$87k - C$142k
Bonus
C$5k - C$18k
Profit Sharing
C$201 - C$20k
Total Pay
C$96k - C$152k
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What is the Pay by Experience Level for Senior Risk Managers?
What Do Senior Risk Managers Do?
Senior Risk Manager Tasks
- Ensure processes for reporting and managing risks are followed.
- Identify and mitigate risks to a company's assets, reputation, and interests.
- Manage company insurance policies and strategies for reducing liability.
- Write reports and inform senior management of risks identified and resolved.
Find your market worth – how it works:
How do Senior Risk Managers Rate Their Jobs?
Based on 8 responses, the job of Senior Risk Manager has received a job satisfaction rating of 3.62 out of 5. On average, Senior Risk Managers are highly satisfied with their job.
Common Health Benefits for a Senior Risk Manager
Medical
96%
Dental
88%
Vision
83%
None
4%
Gender Breakdown for Senior Risk Managers
Female
57.1%
Male
42.9%
This data is based on 28 survey responses. Learn more about the gender pay gap.
FAQs About Senior Risk Managers
What is the highest pay for Senior Risk Managers?
Our data indicates that the highest pay for a Senior Risk Manager is CA$142k / year
What is the lowest pay for Senior Risk Managers?
Our data indicates that the lowest pay for a Senior Risk Manager is CA$87k / year
How can Senior Risk Managers increase their salary?
Increasing your pay as a Senior Risk Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Senior Risk Manager that oversees more junior Senior Risk Managers, this experience can increase the likelihood to earn more.