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Risk Management Specialist
$90,981 (USD)/yr
$43.74 (USD)/hr
$3,521 (USD)/yr
The average risk management specialist gross salary in McKinney, Texas is $90,981 or an equivalent hourly rate of $44. This is 0% lower (+$3) than the average risk management specialist salary in the United States. In addition, they earn an average bonus of $3,521. Salary estimates based on salary survey data collected directly from employers and anonymous employees in McKinney, Texas. An entry level risk management specialist (1-3 years of experience) earns an average salary of $64,790. On the other end, a senior level risk management specialist (8+ years of experience) earns an average salary of $112,550.
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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Salary Potential
$102,196 (USD)
12 %
Based on our compensation data, the estimated salary potential for Risk Management Specialist will increase 12 % over 5 years.
Most Popular Skills for Risk Management Specialist
Education
This chart displays the highest level of education for:
Risk Management Specialist, the majority at 100% with bachelors.
Typical Field of Study: Business Administration and Management
See how education can impact your salary
Salary Difference by Location
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City Overview
The cost of living in McKinney, Texas is 6% less than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageMcKinney is a city in and the county seat of Collin County, Texas, United States. It is Collin County's third-largest city, after Plano and Frisco. A suburb of the Dallas–Fort Worth metroplex, McKinney is about 32 miles (51 km) north of Dallas. The Census Bureau ranked McKinney as the nation's fourth fastest-growing large city from 2010 to 2019 and determined the city's 2020 population was 195,308. Based on Census Bureau estimates, as of July 2022 the city's population was 207,507, making it Texas...
Sourced from Wikipedia
Job Description
Analyzes risks to business operations, and identifies and handles any issues that may arise related to insurance or safety, which could result in litigation if not identified and dealt with. Finds areas that pose risks to the assets, earning capacity, insurance rates, or success of organizations. Documents and communicates risks or potential risk and recommends ways to control, reduce, or... eliminate risks. Develops risk management systems; and implements and enforces plans, policies, or strategies that will minimize business losses, lower the cost of insurance, and increase revenue.
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Disclaimer
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Most Popular Skills for Risk Management Specialist
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SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
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