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Risk managers identify and assess possible threats to both the workforce and the organisation. They put plans in place for if problems arise, and decide how to avoid any future problems.


Average salaries are in the region of £28,000.00 to £45,000.00. Salaries will vary depending on location / employer

Career Profile

Risk Managers identify and assess possible threats to both the workforce and the organisation. They put plans in place for if problems arise, and decide how to avoid any future problems. 

WHAT THEY DO

Risk Managers are responsible for all types of risk to the organisation, including those involving its employees, customers, reputation, and assets. As a Risk Manager you would plan, design and implement risk management strategies and communicate these to other departments to ensure best practice is followed.

Risk Managers have to consider many elements when estimating risks, including:

  • Potential costs
  • Legal requirements  
  • Practicality of finding the best solution to the problem

Working with other departments to provide training and education is another important part of this role. This is because it creates a preventative culture, where risks are identified and resolved prior to an incident occurring.

As a Risk Manager, you would be:

  • Completing risk assessments
  • Reporting on current problems or concerns
  • Providing support to help reduce future incidents
  • Creating reports to communicate findings
  • Visiting different sites/departments to monitor changes to processes
  • Scheduling meetings to implement change

Hours & Salary

  • Newly trained risk managers can earn in the region of £20,000£29,000
  • Trained with experience risk managers can earn in the region of £29,000£45,000
  • Senior risk managers can earn in the region of £45,000£74,000

Salaries typically range depending on location and level of responsibility.

Typically, Risk Managers work around 40 hours a week, usually between 9am and 6pm. If you work for a large organisation, you might have to work additional hours and also travel, both nationally and internationally. This is so that you can assess other sites.


 

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Qualifications & Training

What qualifications or subjects do I need for this role?

Most risk managers are graduates, and those with a risk management BSc Honours Degree in England, or a L6 NVQ/HNC in Wales, or the Scottish equivalent, are highly sought after by employers. But there are other degrees that are useful for becoming a risk manager include:

  • finance and economics
  • engineering
  • law
  • management  
  • business studies

What if I don't have one of those degrees?

For those with a non-risk management specific degree, there are two distance learning qualifications that can help, provided by the Institute of Risk Management (IRM):

  • The International Certificate in Risk Management
  • The International Diploma in Risk Management, which is a postgraduate qualification 

Want to find out more?

Try our Matching Service for work experience opportunities in your local area, with new opportunities being added on a regular basis. 

Looking for a vacancy?

Here are some construction vacancy websites you may find useful: 

Indeed

The number of job vacancies related to your preferred job role may vary daily, as these are external websites. Check regularly to see new opportunities as they are posted.

Career trends and forecasts

4310 additional staff needed

According to the latest Construction Skills Network research, the UK construction industry will need an additional 4310 Construction Process Managers (which includes Risk Managers), every year for the period 2017 - 2021.  The majority of this demand will be in the South West, followed by a fairly even spread across West Midlands and Northern Ireland.

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