Filed Under:Agent Broker, E&S/Specialty Business

Risk Manager Compensation Survey

As the threats faced by businesses continue to grow ever-more complex, the spectrum of responsibilities handled by risk managers widens in tandem. And while that greatly expanding portfolio of challenges is not necessarily reflected in ballooning compensation packages, salaries in the field do remain steady—and job satisfaction remains high.

NU’s annual Risk Manager Compensation Survey, conducted in partnership with Logic Associates, a premier executive-recruiting firm for risk managers, gathered data on compensation packages and professional perks and also inquired about other vital elements of their risk-management jobs, such as reporting structures and education levels.

Overall average salaries, the survey revealed, are up just slightly ($1,000) to $120,375, while average bonuses increased $6,868 to $27,911.

Bill Perry, president of Logic Associates, says one way risk managers can stand out in the marketplace and command a salary premium is by having ample experience managing global risks: “It all comes back to international. All risk managers should strive to get international experience and exposure.”

Click here for the Risk Manager Compensation Survey Page 1

Click here for the Risk Manager Compensation Survery Page 2

Click here for the Risk Manager Compensation Survery Page 3

Click here for the Risk Manager Compensation Survery Page 4

Click here for the Risk Manager Compensation Survery Page 5

Featured Video

Most Recent Videos

Video Library ››

Top Story

5 common auto insurance myths your clients believe

There are many myths about auto insurance out there, and most of your clients believe them.

Top Story

Deadline extended: Apply today for NU’s Excellence in Cyber Security Risk Management Award

Cyber security risk management sets elite companies apart from their competitors. If your company is one of the elite, nominate your cyber risk management program today!

More Resources


eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.