Home > Salary > Singapore > Certified Healthcare Risk Manager
A Certified Healthcare Risk Manager (CHRM) is a professional responsible for identifying, assessing, and managing risks within healthcare organizations. They work to minimize potential harm to patients, staff, and the organization itself. Their main objective is to ensure patient safety and reduce liability by implementing risk management strategies and protocols.
CHRMs analyze data, conduct risk assessments, and develop risk management plans to address potential hazards and prevent adverse events. They also collaborate with various departments to implement policies and procedures that promote safe practices and compliance with regulatory standards. Additionally, they may provide training and education to staff members on risk management principles and best practices.
Estimated Yearly Salary: 210,332 SGD
Estimated Monthly Salary: 17,528 SGD
Estimated Weekly Salary: 4,045 SGD per week
Estimated Hourly Salary: 101 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,969 SGD
Estimated Weekly Salary: 3,916 SGD per week
Estimated Hourly Salary: 98 SGD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 105,781 USD
Estimated Monthly Salary: 8,815 USD
Estimated Weekly Salary: 2,034 USD per week
Estimated Hourly Salary: 51 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: 210,332 SGD
Estimated Monthly Salary: 17,528 SGD
Estimated Weekly Salary: 4,045 SGD per week
Estimated Hourly Salary: 101 SGD per hour
By working as Certified Healthcare Risk Manager a person can save up to 6,127 USD per month or 73,525 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Certified Healthcare Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Certified Healthcare Risk Manager salary in Singapore
Average Yearly Salary of Certified Healthcare Risk Manager in Singapore is approximately 210,332 SGD (105,781 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 Certified Healthcare Risk Manager do?
A Certified Healthcare Risk Manager (CHRM) is a professional responsible for identifying, assessing, and managing risks within healthcare organizations. They work to minimize potential harm to patients, staff, and the organization itself. Their main objective is to ensure patient safety and reduce liability by implementing risk management strategies and protocols.
CHRMs analyze data, conduct risk assessments, and develop risk management plans to address potential hazards and prevent adverse events. They also collaborate with various departments to implement policies and procedures that promote safe practices and compliance with regulatory standards. Additionally, they may provide training and education to staff members on risk management principles and best practices.
Skills: Healthcare, Risk Management, Patient Safety, Liability Reduction, Compliance, Data Analysis
Job industry: Healthcare
Job industry: Healthcare
How much does Certified Healthcare Risk Manager make?
Salary details
How much does Certified Healthcare Risk Manager make?Estimated Yearly Salary: 210,332 SGD
Estimated Monthly Salary: 17,528 SGD
Estimated Weekly Salary: 4,045 SGD per week
Estimated Hourly Salary: 101 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 203,630 SGDEstimated Monthly Salary: 16,969 SGD
Estimated Weekly Salary: 3,916 SGD per week
Estimated Hourly Salary: 98 SGD per hour
Last revision of data: 2024-01-02Certified Healthcare Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 105,781 USD
Estimated Monthly Salary: 8,815 USD
Estimated Weekly Salary: 2,034 USD per week
Estimated Hourly Salary: 51 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Certified Healthcare Risk Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Certified Healthcare Risk Manager in Singapore earns on average:
2.21 times the average salary (or 221% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Certified Healthcare Risk Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Certified Healthcare Risk Manager in Singapore earns on average:
2.21 times the average salary (or 221% of average salary).
Is Certified Healthcare Risk Manager a well paid job?
Yes, our data show that Certified Healthcare Risk 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 Certified Healthcare Risk Manager?
High salary for Certified Healthcare Risk Manager would be somewhere between 231,365 SGD and 304,981 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Certified Healthcare Risk Manager in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 210,332 SGD
Estimated Monthly Salary: 17,528 SGD
Estimated Weekly Salary: 4,045 SGD per week
Estimated Hourly Salary: 101 SGD per hour
By working as Certified Healthcare Risk Manager a person can save up to 6,127 USD per month or 73,525 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Certified Healthcare Risk Manager
Malaysia is 27,886 USD
Indonesia is 16,535 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Instructor physical education (105,478 SGD per year, pre-tax.)
Navy chaplain (79,219 SGD per year, pre-tax.)
Packaging engineer (192,432 SGD per year, pre-tax.)
Packaging mechanic (133,312 SGD per year, pre-tax.)
Dental scheduling coordinator (55,319 SGD per year, pre-tax.)
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