Home > Salary > India > Specialist Risk Management Risk Control
A specialist in risk management and risk control is responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze various aspects of the business, such as operations, finance, and human resources, to identify potential risks and develop strategies to minimize their impact. This involves conducting risk assessments, creating risk management plans, implementing risk control measures, and monitoring their effectiveness. They also provide guidance and training to employees on risk management practices and ensure compliance with relevant regulations and standards. Additionally, these specialists collaborate with other departments and stakeholders to develop and update policies and procedures related to risk management.
Estimated Yearly Salary: 2,852,711 INR
Estimated Monthly Salary: 237,726 INR
Estimated Weekly Salary: 54,860 INR per week
Estimated Hourly Salary: 1,371 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 230,528 INR
Estimated Weekly Salary: 53,199 INR per week
Estimated Hourly Salary: 1,330 INR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 31,726 USD
Estimated Monthly Salary: 2,644 USD
Estimated Weekly Salary: 610 USD per week
Estimated Hourly Salary: 15 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: 2,852,711 INR
Estimated Monthly Salary: 237,726 INR
Estimated Weekly Salary: 54,860 INR per week
Estimated Hourly Salary: 1,371 INR per hour
By working as Specialist Risk Management Risk Control a person can save up to 1,749 USD per month or 20,984 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 Specialist Risk Management Risk Control
Afghanistan is 8,543 USD
73%
Details on Specialist Risk Management Risk Control salary in Afghanistan Last revision of data: 2025-01-04
Data as of 2025
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Specialist Risk Management Risk Control salary in India
Average Yearly Salary of Specialist Risk Management Risk Control in India is approximately 2,852,711 INR (31,726 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 Specialist Risk Management Risk Control do?
A specialist in risk management and risk control is responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze various aspects of the business, such as operations, finance, and human resources, to identify potential risks and develop strategies to minimize their impact. This involves conducting risk assessments, creating risk management plans, implementing risk control measures, and monitoring their effectiveness. They also provide guidance and training to employees on risk management practices and ensure compliance with relevant regulations and standards. Additionally, these specialists collaborate with other departments and stakeholders to develop and update policies and procedures related to risk management.
Skills: Risk management, Risk control, Risk assessment, Risk mitigation, Compliance, Policy development
Job industry: Insurance
Job industry: Insurance
How much does Specialist Risk Management Risk Control make?
Salary details
How much does Specialist Risk Management Risk Control make?Estimated Yearly Salary: 2,852,711 INR
Estimated Monthly Salary: 237,726 INR
Estimated Weekly Salary: 54,860 INR per week
Estimated Hourly Salary: 1,371 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,766,330 INREstimated Monthly Salary: 230,528 INR
Estimated Weekly Salary: 53,199 INR per week
Estimated Hourly Salary: 1,330 INR per hour
Last revision of data: 2024-01-08Specialist Risk Management Risk Control estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 31,726 USD
Estimated Monthly Salary: 2,644 USD
Estimated Weekly Salary: 610 USD per week
Estimated Hourly Salary: 15 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
Compare salary to other countries
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Country:
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 Specialist Risk Management Risk Control job salary compared to average salary in India.
Comparison shows that a person working as Specialist Risk Management Risk Control in India earns on average:
1.54 times the average salary (or 154% 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 Specialist Risk Management Risk Control job salary compared to average salary in India.
Comparison shows that a person working as Specialist Risk Management Risk Control in India earns on average:
1.54 times the average salary (or 154% of average salary).
Is Specialist Risk Management Risk Control a well paid job?
Yes, our data shows that Specialist Risk Management Risk Control 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 Specialist Risk Management Risk Control?
High salary for Specialist Risk Management Risk Control would be somewhere between 3,137,982 INR and 4,136,431 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Specialist Risk Management Risk Control 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: 2,852,711 INR
Estimated Monthly Salary: 237,726 INR
Estimated Weekly Salary: 54,860 INR per week
Estimated Hourly Salary: 1,371 INR per hour
By working as Specialist Risk Management Risk Control a person can save up to 1,749 USD per month or 20,984 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 Specialist Risk Management Risk Control
Pakistan is 2,245 USD
China is 18,297 USD
Nepal is 10,465 USD
Bangladesh is 4,007 USDAfghanistan is 8,543 USD 73%Details on Specialist Risk Management Risk Control salary in Afghanistan
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.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Computer support specialist (1,128,404 INR per year, pre-tax.)
Video game designer (2,590,650 INR per year, pre-tax.)
Actor (1,943,367 INR per year, pre-tax.)
Java architect (3,831,243 INR per year, pre-tax.)
Department administrator (2,220,991 INR per year, pre-tax.)
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