Average Senior Risk Manager with Risk Management / Risk Control Skills Salary in Toronto, Ontario

Annual Base Salary - $109,698.00/year

The average annual salary of Senior Risk Manager is $109,698.00

$87,200.00
Low
$109,698.00
Average
$158,360.00
High

The starting salary of Senior Risk Manager is between $74,120.00 and $87,200.00 whereas the maximum salary range is between $158,360.00 and $182,114.00.

Minimum Annual PayMaximum Annual Pay
$74,120.00$182,114.00
Bonus Range: Tooltip
$7,280.00 - $22,680.00
$7,280.00
$182,114.00
Profit Sharing: Tooltip
$0.00 - $5,200.00
$0.00
$182,114.00
  • Currency : CAD
  • Annual Salary : $109,698.00
  • Weekly Pay : $1,953.00
  • Fortnightly Salary : $3,907.00
  • Monthly Salary : $8,464.00

Senior Risk Manager Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Senior Risk Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Senior Risk Manager compared to female. Their involvement is 61% while of female is only 39%.

Salary Distribution Based on Years of Experience

The line graph shows Senior Risk Manager salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Senior Risk Manager having experience between 1-4 years, their salary is around $99,289.64.

Once the experience reaches 5-9 years Senior Risk Manager salary would increase again to a total of $103,772.47, adding $4,482.83 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $114,904.60.

Prominent Skills Affecting Senior Risk Manager Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Senior Risk Manager's salary. It clearly highlights the skills needed for a post of Senior Risk Manager when hired by an employer.

The most vital skill expected of Senior Risk Manager is Risk Consulting which impacts the most than the rest of the skills indicated with a staggering 25% comparatively. Therefore, one’s salary would greatly depend on their skills in Risk Consulting.

The skill least likely to affect one’s pay would be Strategic Project Management with 8%. It can be said that Strategic Project Management skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Senior Risk Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $103,116.00 whereas the highest earning is $115,183.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of $115,183.00 at 5%. So to summerize, Early Career earns 6% less than the average salary, Mid Carrer earns 4% less than the average salary, Late Career earns 5% more than the average salary.

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