Risk manager

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Risk manager

Risk managers identify and assess possible threats to both the workforce and the organisation.

The Role

  • 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
  • Considering potential costs, legal requirements and the practicality of finding the best solution to the problem
  • Working 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

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.

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
  • engineering
  • law
  • management  
  • 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

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.

Progression Opportunities

Explore the progression opportunities below

Next Steps

Vacancies

Check out the latest Risk Manager vacancies: 

As these are external websites, the number of job vacancies related to your preferred job role may vary. 

Check daily to see new opportunities as they are posted!

Find out more

For information on job roles in Scotland please visit the Skills Development Scotland website My World of Work.

Take our Personality Quiz to find out which role is right for you.

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