Home > Salary > Norway > Risk Management Specialist
A risk management specialist is responsible for identifying, assessing, and minimizing potential risks that may impact an organization's operations, financial stability, reputation, or compliance with regulations. They analyze data, conduct risk assessments, and develop strategies to mitigate risks. These professionals collaborate with various departments within the organization to create risk management plans, policies, and procedures. They also monitor and evaluate the effectiveness of risk management activities, making recommendations for improvement when necessary. Additionally, risk management specialists stay updated on industry trends, regulatory requirements, and emerging risks to ensure the organization remains prepared and resilient.
Estimated Yearly Salary: 1,480,984 NOK
Estimated Monthly Salary: 123,415 NOK
Estimated Weekly Salary: 28,480 NOK per week
Estimated Hourly Salary: 712 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 119,288 NOK
Estimated Weekly Salary: 27,528 NOK per week
Estimated Hourly Salary: 688 NOK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 134,314 USD
Estimated Monthly Salary: 11,193 USD
Estimated Weekly Salary: 2,583 USD per week
Estimated Hourly Salary: 65 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: 1,480,984 NOK
Estimated Monthly Salary: 123,415 NOK
Estimated Weekly Salary: 28,480 NOK per week
Estimated Hourly Salary: 712 NOK per hour
By working as Risk Management Specialist a person can save up to 7,372 USD per month or 88,469 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Risk Management Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Package operator (605,780 NOK per year, pre-tax.)
Computer numerically controlled (cnc), operator and programmer (866,173 NOK per year, pre-tax.)
Industrial hygienist (1,217,304 NOK per year, pre-tax.)
Technical support supervisor (1,295,167 NOK per year, pre-tax.)
Landscape designer (1,082,008 NOK per year, pre-tax.)
Risk Management Specialist salary in Norway
Average Yearly Salary of Risk Management Specialist in Norway is approximately 1,480,984 NOK (134,314 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 Specialist do?
A risk management specialist is responsible for identifying, assessing, and minimizing potential risks that may impact an organization's operations, financial stability, reputation, or compliance with regulations. They analyze data, conduct risk assessments, and develop strategies to mitigate risks. These professionals collaborate with various departments within the organization to create risk management plans, policies, and procedures. They also monitor and evaluate the effectiveness of risk management activities, making recommendations for improvement when necessary. Additionally, risk management specialists stay updated on industry trends, regulatory requirements, and emerging risks to ensure the organization remains prepared and resilient.
Skills: Risk management, Risk assessment, Data analysis, Compliance, Mitigation strategies, Industry trends.
Job industry: Finance
Job industry: Finance
How much does Risk Management Specialist make?
Salary details
How much does Risk Management Specialist make?Estimated Yearly Salary: 1,480,984 NOK
Estimated Monthly Salary: 123,415 NOK
Estimated Weekly Salary: 28,480 NOK per week
Estimated Hourly Salary: 712 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,431,452 NOKEstimated Monthly Salary: 119,288 NOK
Estimated Weekly Salary: 27,528 NOK per week
Estimated Hourly Salary: 688 NOK per hour
Last revision of data: 2024-01-08Risk Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 134,314 USD
Estimated Monthly Salary: 11,193 USD
Estimated Weekly Salary: 2,583 USD per week
Estimated Hourly Salary: 65 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
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Specialist job salary compared to average salary in Norway.
Comparison shows that a person working as Risk Management Specialist in Norway earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Specialist job salary compared to average salary in Norway.
Comparison shows that a person working as Risk Management Specialist in Norway earns on average:
1.52 times the average salary (or 152% of average salary).
Is Risk Management Specialist a well paid job?
Yes, our data shows that 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 Risk Management Specialist?
High salary for Risk Management Specialist would be somewhere between 1,629,082 NOK and 2,147,427 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Specialist in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,480,984 NOK
Estimated Monthly Salary: 123,415 NOK
Estimated Weekly Salary: 28,480 NOK per week
Estimated Hourly Salary: 712 NOK per hour
By working as Risk Management Specialist a person can save up to 7,372 USD per month or 88,469 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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 Specialist
Sweden is 88,858 USD
Finland is 76,823 USD
Russia is 18,104 USD
Denmark is 102,968 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Package operator (605,780 NOK per year, pre-tax.)
Computer numerically controlled (cnc), operator and programmer (866,173 NOK per year, pre-tax.)
Industrial hygienist (1,217,304 NOK per year, pre-tax.)
Technical support supervisor (1,295,167 NOK per year, pre-tax.)
Landscape designer (1,082,008 NOK per year, pre-tax.)
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