▼0%
₹967,316
Avg. Base Salary (INR)
/ year
Avg. Base Salary (INR)
10%
₹201k
MEDIAN
₹967k
90%
₹1m
The average salary for a Risk Manager is ₹967,316 in 2025
Base Salary
₹201k - ₹1m
Bonus
₹50k - ₹203k
Profit Sharing
₹0 - ₹150k
Total Pay
₹211k - ₹2m
Is Average Entry-Level Risk Manager Salary in Mumbai, Maharashtra your job title? Find out what you should be paid
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What is the Pay by Experience Level for Risk Managers?
What Do Risk Managers Do?
Risk Manager Tasks
- Design, implement, oversee, and manage the risk management plan.
- Investigate and troubleshoot individual or organization-wide issues.
- Review existing safety policies and update them to comply with legislation.
- Coordinate risk management activities in order to prevent or isolate liabilities.
Find your market worth – how it works:
Common Health Benefits for a Risk Manager
Medical
50%
None
50%
Gender Breakdown for Risk Managers
Male
75.0%
Female
25.0%
This data is based on 4 survey responses. Learn more about the gender pay gap.
FAQs About Risk Managers
What is the highest pay for Risk Managers in Mumbai?
Our data indicates that the highest pay for a Risk Manager in Mumbai is ₹1m / year
What is the lowest pay for Risk Managers in Mumbai?
Our data indicates that the lowest pay for a Risk Manager in Mumbai is ₹201k / year
How can Risk Managers increase their salary?
Increasing your pay as a 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 Risk Manager that oversees more junior Risk Managers, this experience can increase the likelihood to earn more.