Risk managers identify and assess possible threats to both the workforce and the organisation.
- 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.
Qualifications and Training
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
- business studies
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