Healthcare Risk Management Specialist salary in Malaysia

Average Yearly Salary of Healthcare Risk Management Specialist in Malaysia is approximately 129,454 MYR (25,923 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 Specialist do?

A healthcare risk management specialist is responsible for identifying, assessing, and managing potential risks within a healthcare organization. They work closely with healthcare professionals, administrators, and insurance providers to develop strategies and protocols that minimize the occurrence of adverse events and ensure patient safety. Their primary goal is to prevent medical errors, accidents, and other incidents that may lead to harm or litigation. The role involves conducting risk assessments, analyzing incident reports, and implementing risk mitigation measures. Healthcare risk management specialists also provide training and education to staff members on best practices and regulatory compliance. They collaborate with legal teams to investigate and resolve claims, as well as develop policies and procedures to address emerging risks.

Skills: healthcare, risk management, patient safety, risk assessment, regulatory compliance, incident investigation
Job industry: Healthcare

How much does Healthcare Risk Management Specialist 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 Specialist a well paid job?

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

High salary for Healthcare Risk Management Specialist would be somewhere between 142,399 MYR and 187,708 MYR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Healthcare Risk Management Specialist in Malaysia?

Living in Malaysia the approximate monthly expenses are: 711 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: 129,454 MYR
Estimated Monthly Salary: 10,788 MYR
Estimated Weekly Salary: 2,490 MYR per week
Estimated Hourly Salary: 62 MYR per hour
By working as Healthcare Risk Management Specialist a person can save up to 1,449 USD per month or 17,389 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 Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
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 Specialist

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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