Healthcare Risk Management Director salary in Canada

Average Yearly Salary of Healthcare Risk Management Director in Canada is approximately 115,387 CAD (115,593 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 Healthcare Risk Management Director do?

A Healthcare Risk Management Director is responsible for overseeing the identification, assessment, and mitigation of risks within a healthcare organization. They develop and implement policies and procedures to ensure patient safety, minimize liability, and comply with regulatory requirements. This role involves analyzing data and trends to identify potential risks, conducting risk assessments, and developing strategies to prevent and manage risks. They collaborate with various departments to implement risk management programs, train staff on risk management protocols, and investigate incidents or claims. Additionally, they work closely with insurance providers and legal counsel to manage claims and negotiate settlements. The Healthcare Risk Management Director plays a crucial role in maintaining a safe and secure healthcare environment, ensuring quality care delivery, and protecting the organization from financial losses.

Skills: Healthcare, Risk Management, Patient Safety, Liability, Regulatory Compliance, Incident Investigation
Job industry: Healthcare

How much does Healthcare Risk Management Director make?

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


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Salary comparison to National average

Is Healthcare Risk Management Director a well paid job?

Yes, our data shows that Healthcare Risk Management Director 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 Healthcare Risk Management Director?

High salary for Healthcare Risk Management Director would be somewhere between 126,926 CAD and 167,311 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Healthcare Risk Management Director in Canada?

Living in Canada the approximate monthly expenses are: 2,118 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: 115,387 CAD
Estimated Monthly Salary: 9,616 CAD
Estimated Weekly Salary: 2,219 CAD per week
Estimated Hourly Salary: 55 CAD per hour
By working as Healthcare Risk Management Director a person can save up to 7,514 USD per month or 90,172 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 Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Healthcare Risk Management Director

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.

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Data as of 2025

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