Home > Salary > United Kingdom > Risk Manager
A risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize risks and ensure business continuity. Risk managers work closely with various departments within an organization to implement risk management policies, procedures, and best practices. They also monitor industry trends and regulatory changes to anticipate and address emerging risks.
Estimated Yearly Salary: 67,934 GBP
Estimated Monthly Salary: 5,661 GBP
Estimated Weekly Salary: 1,306 GBP per week
Estimated Hourly Salary: 33 GBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,469 GBP
Estimated Weekly Salary: 1,262 GBP per week
Estimated Hourly Salary: 32 GBP per hour
Last revision of data: 2024-04-21
Estimated Yearly Salary: 79,982 USD
Estimated Monthly Salary: 6,665 USD
Estimated Weekly Salary: 1,538 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 67,934 GBP
Estimated Monthly Salary: 5,661 GBP
Estimated Weekly Salary: 1,306 GBP per week
Estimated Hourly Salary: 33 GBP per hour
By working as Risk Manager a person can save up to 4,710 USD per month or 56,515 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 United Kingdom, see costs of living in United Kingdom.
Estimated Yearly Salary for Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Librarian (38,839 GBP per year, pre-tax.)
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Risk Manager salary in United Kingdom
Average Yearly Salary of Risk Manager in United Kingdom is approximately 67,934 GBP (79,982 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 Manager do?
A risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize risks and ensure business continuity. Risk managers work closely with various departments within an organization to implement risk management policies, procedures, and best practices. They also monitor industry trends and regulatory changes to anticipate and address emerging risks.
Skills: Risk management, Risk assessment, Data analysis, Business continuity, Regulatory compliance, Risk mitigation
Job industry: Finance
Job industry: Finance
How much does Risk Manager make?
Salary details
How much does Risk Manager make?Estimated Yearly Salary: 67,934 GBP
Estimated Monthly Salary: 5,661 GBP
Estimated Weekly Salary: 1,306 GBP per week
Estimated Hourly Salary: 33 GBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 65,628 GBPEstimated Monthly Salary: 5,469 GBP
Estimated Weekly Salary: 1,262 GBP per week
Estimated Hourly Salary: 32 GBP per hour
Last revision of data: 2024-04-21Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 79,982 USD
Estimated Monthly Salary: 6,665 USD
Estimated Weekly Salary: 1,538 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
The United Kingdom, also known as the UK, is a country located in northwestern Europe. It consists of four countries: England, Scotland, Wales, and Northern Ireland. With a population of approximately 66 million people, it is the fifth-largest economy in the world. The UK covers an area of around 93,600 square miles, making it the 78th largest country by size.
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Risk Manager job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Risk Manager in United Kingdom earns on average:
1.64 times the average salary (or 164% of average salary).
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Risk Manager job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Risk Manager in United Kingdom earns on average:
1.64 times the average salary (or 164% of average salary).
Is Risk Manager a well paid job?
Yes, our data shows that Risk Manager 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 Manager?
High salary for Risk Manager would be somewhere between 74,727 GBP and 98,504 GBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Manager in United Kingdom?
Living in United Kingdom the approximate monthly expenses are: 1,956 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: 67,934 GBP
Estimated Monthly Salary: 5,661 GBP
Estimated Weekly Salary: 1,306 GBP per week
Estimated Hourly Salary: 33 GBP per hour
By working as Risk Manager a person can save up to 4,710 USD per month or 56,515 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 United Kingdom, see costs of living in United Kingdom.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ireland. 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 Manager
Ireland is 144,606 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 United Kingdom
(906,313 GBP per year, pre-tax.)
(398,557 GBP per year, pre-tax.)
(396,499 GBP per year, pre-tax.)
4. Cardiologist
(332,162 GBP per year, pre-tax.)
5. Cardiologist
(330,298 GBP per year, pre-tax.)
(320,143 GBP per year, pre-tax.)
(319,848 GBP per year, pre-tax.)
8. Neurosurgeon
(310,506 GBP per year, pre-tax.)
9. Neurosurgeon
(309,585 GBP per year, pre-tax.)
(309,338 GBP per year, pre-tax.)
Data as of 2025Random salary:
Librarian (38,839 GBP per year, pre-tax.)
Laser beam machine operator (24,091 GBP per year, pre-tax.)
Casino pit manager (37,799 GBP per year, pre-tax.)
Non-equity partner accounting firm (114,531 GBP per year, pre-tax.)
Print finisher (24,895 GBP per year, pre-tax.)
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