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A risk management manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies, policies, and procedures to ensure compliance with regulatory requirements and industry best practices. The role involves conducting risk assessments, analyzing data and trends, and providing recommendations to senior management on risk mitigation strategies. They collaborate with various departments to identify potential risks and develop contingency plans. Risk management managers also oversee the implementation of risk control measures and monitor their effectiveness. They may be involved in insurance procurement, claims management, and the development of crisis management plans. Strong analytical, communication, and problem-solving skills are essential for this role.
Estimated Yearly Salary: 3,948,523 INR
Estimated Monthly Salary: 329,044 INR
Estimated Weekly Salary: 75,933 INR per week
Estimated Hourly Salary: 1,898 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 318,345 INR
Estimated Weekly Salary: 73,464 INR per week
Estimated Hourly Salary: 1,837 INR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 43,978 USD
Estimated Monthly Salary: 3,665 USD
Estimated Weekly Salary: 846 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,948,523 INR
Estimated Monthly Salary: 329,044 INR
Estimated Weekly Salary: 75,933 INR per week
Estimated Hourly Salary: 1,898 INR per hour
By working as Risk Management Manager a person can save up to 2,770 USD per month or 33,236 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 India, see costs of living in India.
Estimated Yearly Salary for Risk Management Manager
Last revision of data: 2025-01-04
Data as of 2025
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Risk Management Manager salary in India
Average Yearly Salary of Risk Management Manager in India is approximately 3,948,523 INR (43,978 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 Manager do?
A risk management manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies, policies, and procedures to ensure compliance with regulatory requirements and industry best practices. The role involves conducting risk assessments, analyzing data and trends, and providing recommendations to senior management on risk mitigation strategies. They collaborate with various departments to identify potential risks and develop contingency plans. Risk management managers also oversee the implementation of risk control measures and monitor their effectiveness. They may be involved in insurance procurement, claims management, and the development of crisis management plans. Strong analytical, communication, and problem-solving skills are essential for this role.
Skills: Risk management, Risk assessment, Compliance, Data analysis, Crisis management, Insurance procurement
Job industry: Finance
Job industry: Finance
How much does Risk Management Manager make?
Salary details
How much does Risk Management Manager make?Estimated Yearly Salary: 3,948,523 INR
Estimated Monthly Salary: 329,044 INR
Estimated Weekly Salary: 75,933 INR per week
Estimated Hourly Salary: 1,898 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,820,140 INREstimated Monthly Salary: 318,345 INR
Estimated Weekly Salary: 73,464 INR per week
Estimated Hourly Salary: 1,837 INR per hour
Last revision of data: 2024-01-02Risk Management Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 43,978 USD
Estimated Monthly Salary: 3,665 USD
Estimated Weekly Salary: 846 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Manager job salary compared to average salary in India.
Comparison shows that a person working as Risk Management Manager in India earns on average:
2.13 times the average salary (or 213% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Manager job salary compared to average salary in India.
Comparison shows that a person working as Risk Management Manager in India earns on average:
2.13 times the average salary (or 213% of average salary).
Is Risk Management Manager a well paid job?
Yes, our data show that Risk Management Manager is a very 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 Manager?
High salary for Risk Management Manager would be somewhere between 4,343,375 INR and 5,725,358 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Manager in India?
Living in India the approximate monthly expenses are: 895 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: 3,948,523 INR
Estimated Monthly Salary: 329,044 INR
Estimated Weekly Salary: 75,933 INR per week
Estimated Hourly Salary: 1,898 INR per hour
By working as Risk Management Manager a person can save up to 2,770 USD per month or 33,236 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. 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 Manager
Pakistan is 3,107 USD
China is 25,259 USD
Nepal is 14,353 USD
Bangladesh is 5,553 USD
Afghanistan is 11,800 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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9. Oncologist
(15,984,385 INR per year, pre-tax.)
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Data as of 2025Random salary:
Outpatient surgery scheduler (1,273,410 INR per year, pre-tax.)
Audiology supervisor (2,868,780 INR per year, pre-tax.)
Computer lab facilitator (654,156 INR per year, pre-tax.)
Computer systems analyst (2,076,974 INR per year, pre-tax.)
Voip support engineer (2,775,142 INR per year, pre-tax.)
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