Risk Management Specialists with little to no experience tend to make between $38030 and $51100 while the more experienced ones can earn over $94580 per year.
Top 5 paying states
One of the easiest ways to increase your salary as a Risk Management Specialist is to move to a higher paying state like DC. Right now, the highest paying states for Risk Management Specialists are DC, NY, IL, MA and VA.
However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Risk Management Specialist is the degree you hold, the industry you work in and lastly the company you work for.
conduct security assessments for organizations, and design security systems and processes. May specialize in areas such as physical security, personnel security, and information security. May work in fields such as health care, banking, gaming, security engineering, or manufacturing.
investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
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