The average salary for a risk management specialist in Illinois is around $90,474 per year.
Avg Salary
Risk management specialists earn an average yearly salary of $90,474.
Wages typically start from $46,120 and go up to $177,482.
50% above national average Updated in 2018
Risk management specialist earnings by seniority
Top-level risk management specialist earnings begin at:
$85.33 per hour
$177,482 per year
Senior-level risk management specialist earnings begin at:
$62.01 per hour
$128,985 per year
Mid-level risk management specialist earnings begin at:
$43.50 per hour
$90,474 per year
Junior-level risk management specialist earnings begin at:
$30.51 per hour
$63,462 per year
Starting level risk management specialist earnings begin at:
$22.17 per hour
$46,120 per year
Approximate values based on highest and lowest earning segments.
Risk management specialist salary by state
| State Name | Average Salary |
|---|---|
| Illinois | $90,474 |
| Virginia | $82,900 |
| New York | $81,800 |
| Massachusetts | $81,120 |
| Connecticut | $77,690 |
| New Hampshire | $77,300 |
| New Jersey | $77,080 |
| Ohio | $75,670 |
| Hawaii | $74,950 |
| Colorado | $74,680 |
| Pennsylvania | $74,466 |
| Georgia | $73,370 |
| California | $72,620 |
| Nebraska | $72,600 |
| Alabama | $72,500 |
| Delaware | $72,370 |
| Arizona | $71,620 |
| Guam | $71,410 |
| Maryland | $71,230 |
| Rhode Island | $69,910 |
| Oregon | $69,580 |
| Missouri | $69,570 |
| Vermont | $69,530 |
| Iowa | $69,480 |
| North Dakota | $69,040 |
| Oklahoma | $68,660 |
| West Virginia | $67,330 |
| North Carolina | $67,040 |
| Indiana | $66,344 |
| Washington | $65,840 |
| Minnesota | $65,470 |
| South Carolina | $65,300 |
| Utah | $64,980 |
| Montana | $63,940 |
| Texas | $62,900 |
| Florida | $62,400 |
| Maine | $62,200 |
| Alaska | $60,720 |
| Michigan | $59,420 |
| Mississippi | $59,120 |
| New Mexico | $58,590 |
| Wyoming | $58,420 |
| Tennessee | $57,100 |
| Kansas | $56,716 |
| Louisiana | $55,490 |
| Nevada | $54,230 |
| Wisconsin | $53,960 |
| Kentucky | $51,350 |
| Idaho | $50,990 |
| South Dakota | $48,300 |
| Arkansas | $37,970 |
| Puerto Rico | $28,790 |
| District of Columbia | $103,300 |
How do risk management specialist salaries compare to similar careers?
Risk management specialists earn 9% less than similar careers in Illinois. On average, they make less than financial managers but more than business analysts.
| Career | Median Salary |
|---|---|
| Financial manager salary | $128K |
| Stock trader salary | $92K |
| Securities and commodities broker salary | $92K |
| Actuary salary | $108K |
| Financial quantitative analyst salary | $93K |
| Risk management specialist salary | $90K |
| Loan officer salary | $82K |
| Investment banker salary | $89K |
| Fraud analyst salary | $87K |
| Business analyst salary | $80K |
Source: CareerExplorer (Aggregated)