Chief risk officers and vice presidents of risk management are the highest-paid risk professionals, earning an average base salary of $170,000 and average total compensation of $220,200, according to a recent survey by the Risk and Insurance Management Society Inc. (RIMS). That's 30% higher than the average base salary in this category and 44% higher than the average total compensation package earned at the next highest-paid position, director of financial/ IT risk management. Risk management analysis (enterprisewide) on average take home $67,100 in base salary and $71,400 with bonuses.

Click here to see the survey.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.