▼13%
$117,060
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$89k
MEDIAN
$117k
90%
$167k
The average salary for a Senior Risk Manager is $117,060 in 2025
Base Salary
$89k - $167k
Bonus
$4k - $28k
Profit Sharing
$1k - $30k
Total Pay
$96k - $185k
Is Average Experienced Senior Risk Manager with Risk Consulting Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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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:
Common Health Benefits for a Senior Risk Manager
Medical
94%
Dental
90%
Vision
84%
None
6%
Gender Breakdown for Senior Risk Managers
Male
54.5%
Female
45.5%
This data is based on 22 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 $167k / year
What is the lowest pay for Senior Risk Managers?
Our data indicates that the lowest pay for a Senior Risk Manager is $89k / 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.