Healthcare Risk Management Manager salary in Canada

Average Yearly Salary of Healthcare Risk Management Manager in Canada is approximately 92,483 CAD (92,381 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 Manager do?

A healthcare risk management manager is responsible for identifying, analyzing, and mitigating potential risks within a healthcare organization. They develop and implement strategies to minimize liability, ensure compliance with regulations and standards, and promote patient safety. This occupation involves conducting risk assessments, investigating incidents and complaints, and developing policies and procedures to prevent future risks. The healthcare risk management manager collaborates with various departments, such as legal, quality improvement, and clinical operations, to address potential risks and develop effective risk management plans. They also provide education and training to staff members on risk management practices and promote a culture of safety within the organization.

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

How much does Healthcare Risk Management Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Healthcare Risk Management Manager a well paid job?

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

High salary for Healthcare Risk Management Manager would be somewhere between 101,731 CAD and 134,100 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Healthcare Risk Management Manager 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: 92,483 CAD
Estimated Monthly Salary: 7,707 CAD
Estimated Weekly Salary: 1,779 CAD per week
Estimated Hourly Salary: 44 CAD per hour
By working as Healthcare Risk Management Manager a person can save up to 5,580 USD per month or 66,960 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 Manager

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 Canada

Data as of 2025

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