Risk Management Consultant salary in Bahrain

Average Yearly Salary of Risk Management Consultant in Bahrain is approximately 81,764 BHD (27,175 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Risk Management Consultant do?

A risk management consultant is responsible for identifying, assessing, and mitigating potential risks that may impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize potential threats. Additionally, they provide guidance and recommendations to senior management on risk management policies, procedures, and best practices. Risk management consultants work closely with various departments within an organization, such as finance, legal, and compliance, to ensure that appropriate risk management measures are implemented. They also collaborate with external stakeholders, such as insurance providers and regulatory agencies, to stay updated on industry standards and regulations.

Skills: Risk management, Consultant, Risk assessment, Mitigation strategies, Policy development, Compliance.
Job industry: Consulting

How much does Risk Management Consultant make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Risk Management Consultant a well paid job?

Yes, our data shows that Risk Management Consultant is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Risk Management Consultant?

High salary for Risk Management Consultant would be somewhere between 89,940 BHD and 118,558 BHD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Risk Management Consultant in Bahrain?

Living in Bahrain the approximate monthly expenses are: 714 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 81,764 BHD
Estimated Monthly Salary: 6,814 BHD
Estimated Weekly Salary: 1,572 BHD per week
Estimated Hourly Salary: 39 BHD per hour
By working as Risk Management Consultant a person can save up to 1,550 USD per month or 18,602 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Bahrain, see costs of living in Bahrain.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Qatar, United Arab Emirates, Iran.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Risk Management Consultant

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Bahrain

Data as of 2025

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