How much does a Risk-Manager make in Los Angeles, CA?

The average salary for a Risk-Manager is $138,770 per year in Los Angeles, CA. Salaries estimates are based on 19 salaries submitted anonymously to Glassdoor by a Risk-Manager employees in Los Angeles, CA.

The highest salary for a Risk-Manager in Los Angeles, CA is $180,098 per year.

The lowest salary for a Risk-Manager in Los Angeles, CA is $108,079 per year.

If you are thinking of becoming a Risk-Manager or planning the next step in your career, find details about the role, the career path and salary trajectory of a Risk-Manager.

Risk managers are senior ranking members of their firms, so they generally enjoy a high professional salary and substantial decision-making power. Their pay typically lags that of revenue generating executives, but they enjoy total focus on their work as they do not have client-relationship management duties. Risk managers generally enjoy high job security during economic downturns and rounds of layoffs, as their role is critical to the operations of a firm.

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About 74% of risk managers feel satisfied with their salaries, according to Glassdoor ratings. Accomplished professionals have the potential to earn up to $6,390.64 in additional pay per year, for a total pay around $81,508.97.

Factors that affect risk manager salary over time include completing a master's degree, several years of professional experience, and gaining professional certification. Of course, salary varies widely based on the industry and level of risk, so it ranges between $47,275.20 and $144,923.55. On average, you'll make a risk manager salary of around $75,118.33 across all experience levels following the typical career path.

Familiarize yourself with the field through entry-level positions in the financial or corporate world. Work your way up and gain credibility through positive results and reviews; document these along the way so you can show them off to potential employers. You can also bolster your professional credibility and earn a higher salary as a risk manager by pursuing a master's degree in business, finance, economics, or a related field; many programs are flexible and allow you to work while you complete your degree. If your industry offers professional certification, such as the financial or health care industry, use it to underscore your expertise and stay on top of industry trends.

You'll become an asset to employers the more professional experience you have. Risk manager roles require significant skills and in-depth knowledge to get the job done effectively, so if you're bargaining after a job offer, consult your professional network for solid reviews of past work. Emphasize how excited you are, how your skills stand out, and how well you align with the role, researching risk manager salaries in your area so you know which number to ask for. If you're bargaining from an established position, always ask first. Back up your 15% to 20% raise request with proven evidence, reports, and client reviews, factoring your benefits package into the deal.