Average Risk Management Specialist Salary

The average Risk Management Specialist salary in UK is £52,110.09
The hourly average pay for a Risk Management Specialist salary in UK is £25.05
The starting salary for a junior Risk Management Specialist in UK is £26,538.00 per year or £12.76 per hour

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What does a Risk Management Specialist earn?

Risk management specialists typically receive an average salary of around £52,100 per year in the UK. Specialists in this field provide services for organisations to help with their risk management strategies and plans. Risk management plans are designed to help organisations review, identify and assess potential risks as well as developing strategies to effectively manage these risks. Additionally, specialists may also be involved in regularly assessing and evaluating existing risk management processes and plans.

How to earn more as a Risk Management Specialist

"To become a risk management specialist, you will need to have a degree in risk management, law, or economics, or you may go through a degree apprenticeship to learn the necessary skills. To increase your salary, you could move into a specialised field, such as compliance or fraud prevention, or even become a manager within a risk management business. You could also become self-employed or set up your own risk management consultancy. The best paid risk management specialists can earn up to £110,000 a year".

Min: £26,538.00 Max: £109,974.00

Average Risk Management Specialist Salary in UK : £52,110.09


Read about Risk Management Specialist salaries, related jobs and salary information across the UK

Risk Management Specialist Salary data from the ONS

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Salary by Region

Compare Risk Management Specialist salaries across different regions

Region Salary
Scotland £38,105.40
Wales £31,874.97
Northern Ireland £47,801.54
East Midlands £39,621.48
Eastern £43,009.23
London £67,471.24
North East £30,744.44
North West £44,265.17
South East £41,274.27
South West £42,166.05
West Midlands £50,053.91
Yorkshire and the Humber £40,574.96

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Understanding the Average Risk Management Specialist Salary in the UK

As a Risk Management Specialist in the UK, it is important to have a clear understanding of the average salary in the field. The average Finance salaries in the UK can provide a good benchmark for comparison. You can find more information about average salaries in the finance industry here.

Salary Expectations for Newly Qualified Risk Management Specialist

If you are a newly qualified Risk Management Specialist, it is essential to have realistic salary expectations. To get an idea of the current salary range for this position, you can explore various job search platforms. Check out the available opportunities and salary information for Risk Management Specialist roles in the UK here.

Salaries for Experienced Risk Management Specialist

Experienced Risk Management Specialists in the UK can expect higher salaries compared to their newly qualified counterparts. The exact salary range will depend on factors such as years of experience, industry, and location. To get a better understanding of the salary potential for experienced Risk Management Specialists, it is recommended to research industry-specific salary surveys and consult with recruitment agencies.

Creating a Risk Management Specialist CV

A well-crafted CV is crucial for standing out in the competitive job market as a Risk Management Specialist. To ensure your CV showcases your skills and experience effectively, you can use a professional CV template specifically designed for Risk Management Specialists. You can find a suitable CV template here.

Career Development Opportunities for Risk Management Specialist

As a Risk Management Specialist, there are various career development opportunities available to enhance your skills and advance your career. To explore different paths and gain valuable insights, you can seek career advice from professionals in the field. Find useful career advice for Risk Management Specialists here.

Comprehensive Compensation for Risk Management Specialist

Aside from the base salary, Risk Management Specialists may receive additional compensation such as bonuses, profit-sharing, and benefits packages. The comprehensive compensation package can vary depending on the employer and industry. It is important to consider the overall package when evaluating job offers and negotiating salary.

Strategies for Increasing Your Salary as a Risk Management Specialist

If you are looking to increase your salary as a Risk Management Specialist, there are several strategies you can employ. These include acquiring additional certifications, gaining specialized knowledge in emerging risk areas, and demonstrating exceptional performance in your role. By continuously improving your skills and staying updated with industry trends, you can position yourself for salary growth.

Professional Development and Earnings

Investing in professional development can have a direct impact on your earnings as a Risk Management Specialist. Attending industry conferences, participating in workshops, and pursuing advanced degrees or certifications can enhance your expertise and make you more valuable to employers. By continuously expanding your knowledge and skills, you can increase your earning potential in the field.

Capitalising on Extra Hours and Duties

As a Risk Management Specialist, there may be opportunities to take on extra hours or duties that can contribute to your overall earnings. This could include participating in special projects, providing training to colleagues, or taking on additional responsibilities. By demonstrating your willingness to go above and beyond, you can showcase your value and potentially negotiate for higher compensation.

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