Home > Salary > Luxembourg > Risk Management Director
A Risk Management Director is responsible for identifying, assessing, and mitigating risks within an organization. They develop and implement risk management strategies, policies, and procedures to ensure the company's assets, reputation, and financial stability are protected. This role involves analyzing potential risks, evaluating their potential impact on the organization, and developing plans to minimize or eliminate those risks. The Risk Management Director works closely with various departments to assess risks associated with operations, investments, compliance, and legal matters. They also collaborate with insurance providers to ensure adequate coverage and negotiate terms. Additionally, they monitor industry trends, regulations, and best practices to proactively address emerging risks. Strong analytical, problem-solving, and communication skills are essential for success in this role.
Estimated Yearly Salary: 223,673 EUR
Estimated Monthly Salary: 18,639 EUR
Estimated Weekly Salary: 4,301 EUR per week
Estimated Hourly Salary: 108 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,059 EUR
Estimated Weekly Salary: 4,167 EUR per week
Estimated Hourly Salary: 104 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 224,014 USD
Estimated Monthly Salary: 18,668 USD
Estimated Weekly Salary: 4,308 USD per week
Estimated Hourly Salary: 108 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: 223,673 EUR
Estimated Monthly Salary: 18,639 EUR
Estimated Weekly Salary: 4,301 EUR per week
Estimated Hourly Salary: 108 EUR per hour
By working as Risk Management Director a person can save up to 15,020 USD per month or 180,238 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Risk Management Director
Last revision of data: 2025-01-04
Data as of 2025
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Risk Management Director salary in Luxembourg
Average Yearly Salary of Risk Management Director in Luxembourg is approximately 223,673 EUR (224,014 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 Director do?
A Risk Management Director is responsible for identifying, assessing, and mitigating risks within an organization. They develop and implement risk management strategies, policies, and procedures to ensure the company's assets, reputation, and financial stability are protected. This role involves analyzing potential risks, evaluating their potential impact on the organization, and developing plans to minimize or eliminate those risks. The Risk Management Director works closely with various departments to assess risks associated with operations, investments, compliance, and legal matters. They also collaborate with insurance providers to ensure adequate coverage and negotiate terms. Additionally, they monitor industry trends, regulations, and best practices to proactively address emerging risks. Strong analytical, problem-solving, and communication skills are essential for success in this role.
Skills: Risk Management, Risk Mitigation, Insurance, Compliance, Financial Stability, Strategic Planning
Job industry: Finance
Job industry: Finance
How much does Risk Management Director make?
Salary details
How much does Risk Management Director make?Estimated Yearly Salary: 223,673 EUR
Estimated Monthly Salary: 18,639 EUR
Estimated Weekly Salary: 4,301 EUR per week
Estimated Hourly Salary: 108 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 216,709 EUREstimated Monthly Salary: 18,059 EUR
Estimated Weekly Salary: 4,167 EUR per week
Estimated Hourly Salary: 104 EUR per hour
Last revision of data: 2024-01-02Risk Management Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 224,014 USD
Estimated Monthly Salary: 18,668 USD
Estimated Weekly Salary: 4,308 USD per week
Estimated Hourly Salary: 108 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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Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Director job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Risk Management Director in Luxembourg earns on average:
2.7 times the average salary (or 270% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Director job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Risk Management Director in Luxembourg earns on average:
2.7 times the average salary (or 270% of average salary).
Is Risk Management Director a well paid job?
Yes, our data show that Risk Management Director 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 Director?
High salary for Risk Management Director would be somewhere between 246,040 EUR and 324,326 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Director in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 223,673 EUR
Estimated Monthly Salary: 18,639 EUR
Estimated Weekly Salary: 4,301 EUR per week
Estimated Hourly Salary: 108 EUR per hour
By working as Risk Management Director a person can save up to 15,020 USD per month or 180,238 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. 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 Director
Belgium is 120,196 USD
Germany is 131,329 USD
France is 112,691 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 Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Chemical process engineer (139,171 EUR per year, pre-tax.)
Blaster (45,466 EUR per year, pre-tax.)
Digital assets manager (79,932 EUR per year, pre-tax.)
Mis analyst (95,441 EUR per year, pre-tax.)
Clinical operations manager (148,118 EUR per year, pre-tax.)
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