What does a Risk Consultant do?
Risk consultants use their business, finance, and mathematics expertise to help firms seeking to decrease or eliminate risk while performing operational, financial, and technological business processes. They help clients to identify, understand, and manage risks related to daily operations. They provide clients with the necessary capacity to improve internal controls and corporate assurance frameworks while tackling the companies’ hazards and identifying risky opportunities.
Risk consultants oversee corporate risk management programs to guarantee minimal loss exposure, and execute compliance and clerical functions. They manage corporate insurance information and create and administer insurance budgets for a company. They help organizations re-evaluate operational procedures and guidelines to ensure that newly-established procedures align with top leadership directives, industry standards, and regulations. Risk consultants also discuss property and liability claims with relevant parties and need a bachelor's degree in business.
Risk Consultant Salaries
Average Base Pay
Risk Consultant Career Path
Learn how to become a Risk Consultant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Risk Consultant Insights
KPMG“Long hours and no extra hour paid.”
KPMG“Work load was not that interesting”
Wells Fargo“It is a little bit difficult for career growth”
Wells Fargo“Pay is not the best”
PwC“Agile working with good career prospects”
KPMG“pay is not competitive”
RSM“Great team to work with”
PwC