Home > Salary > South Africa > 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: 192,453 ZAR
Estimated Monthly Salary: 16,038 ZAR
Estimated Weekly Salary: 3,701 ZAR per week
Estimated Hourly Salary: 93 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,520 ZAR
Estimated Weekly Salary: 3,582 ZAR per week
Estimated Hourly Salary: 90 ZAR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 9,619 USD
Estimated Monthly Salary: 802 USD
Estimated Weekly Salary: 185 USD per week
Estimated Hourly Salary: 5 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: 192,453 ZAR
Estimated Monthly Salary: 16,038 ZAR
Estimated Weekly Salary: 3,701 ZAR per week
Estimated Hourly Salary: 93 ZAR per hour
By working as Specialist Risk Management Risk Control a person can save up to 530 USD per month or 6,365 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Specialist Risk Management Risk Control
Last revision of data: 2025-01-04
Data as of 2025
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Specialist Risk Management Risk Control salary in South Africa
Average Yearly Salary of Specialist Risk Management Risk Control in South Africa is approximately 192,453 ZAR (9,619 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: 192,453 ZAR
Estimated Monthly Salary: 16,038 ZAR
Estimated Weekly Salary: 3,701 ZAR per week
Estimated Hourly Salary: 93 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 186,240 ZAREstimated Monthly Salary: 15,520 ZAR
Estimated Weekly Salary: 3,582 ZAR per week
Estimated Hourly Salary: 90 ZAR per hour
Last revision of data: 2024-01-09Specialist Risk Management Risk Control estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,619 USD
Estimated Monthly Salary: 802 USD
Estimated Weekly Salary: 185 USD per week
Estimated Hourly Salary: 5 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
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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Specialist Risk Management Risk Control job salary compared to average salary in South Africa.
Comparison shows that a person working as Specialist Risk Management Risk Control in South Africa earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Specialist Risk Management Risk Control job salary compared to average salary in South Africa.
Comparison shows that a person working as Specialist Risk Management Risk Control in South Africa earns on average:
1.52 times the average salary (or 152% 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 211,698 ZAR and 279,057 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Specialist Risk Management Risk Control in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 192,453 ZAR
Estimated Monthly Salary: 16,038 ZAR
Estimated Weekly Salary: 3,701 ZAR per week
Estimated Hourly Salary: 93 ZAR per hour
By working as Specialist Risk Management Risk Control a person can save up to 530 USD per month or 6,365 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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
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 South Africa
(1,412,867 ZAR per year, pre-tax.)
2. Cardiologist
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5. Neurosurgeon
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
(1,071,922 ZAR per year, pre-tax.)
10. Urologist
(1,071,632 ZAR per year, pre-tax.)
Data as of 2025Random salary:
Economics consultant (177,234 ZAR per year, pre-tax.)
Compliance associate (165,540 ZAR per year, pre-tax.)
Desktop support manager (153,690 ZAR per year, pre-tax.)
Technical support specialist (143,993 ZAR per year, pre-tax.)
Associate general counsel (295,021 ZAR per year, pre-tax.)
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