Risk Manager Salaries Rise, But So Do Employer Demands Risk managers have had to overcome some of the greatest challenges of their careers over the past couple of years, with exposures mounting, coverage availability shrinking and premiums soaring.
However, the value of a versatile, battle-tested risk manager has never been greater to companies desperate to contain their risk financing costs, as evidenced by rising compensation trends over the last two years revealed in the latest survey by Logic Associates Inc.
Logic's "2002 Risk Management Compensation Survey," co-sponsored this year for the first time by National Underwriter, found that the average risk manager's salary rose 13 percentto $145,500since Logic's last survey at the end of 2000.
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