National Underwriter P&C's annual Risk Manager Compensation Survey, conducted in conjunction with Logic Associates (a premier executive-recruiting firm for risk managers), reflects the responses of hundreds of risk-mitigation professionals queried on everything from compensation package details and areas of direct responsibility to job satisfaction and professional perks.
SALARY & BONUS FIGURES
Risk manager total compensation packages slipped again this year, continuing a trend that began in 2012 when that total was $148,286 and then fell to $130,535 in 2013. Bonuses were up in 2014, from $13,339 in 2013—but still well below the average-bonus figure reported in 2012 ($27,911).
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