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Risk professionals earned less in 2019 than in 2017, RIMS survey says

The 2019 Risk Management Compensation Survey reveals interesting salary differences in the field based on education, position, location, and more.

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The 2019 RIMS Compensation survey collected more than 1,200 responses from U.S. and Canadian risk professionals. (Photo: Shutterstock)

RIMS newly released 2019 Risk Management Compensation Survey reveals risk professionals at all levels and responsibilities in the U.S. experienced an average 1.7% base salary decrease in 2019 compared to 2017. In Canada, risk practitioners saw an even more significant reduction of 4% in average base salary for the same period.

The bi-annual survey provides detailed compensation analysis by industry, location, and position for virtually all risk professional positions. The study also explores the impact of education, experience, and demographical data on compensation, as well as benefits and additional cash compensation programs available to practitioners.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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