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North American Risk Professionals Experience 11% Average Salary Boost

Risk professionals have experienced a notable salary increase, averaging 11% since 2023. Among these, chief risk officers and vice presidents of risk management have seen even more significant gains, with a remarkable 16% increase.

These salary trends and other insights into risk management compensation are thoroughly examined in the RIMS 2025 Compensation Survey. This comprehensive report analyzes various risk management positions and explores how factors such as education, experience, and demographic data influence salary levels.

“There are many factors that reaffirm the immense value business leaders place on risk management, but few are more compelling than the salary increases highlighted in this year’s RIMS Compensation Survey,” stated RIMS CEO Gary A. LaBranche.

The survey gathered data from 1,068 RIMS professional members and non-members, with 867 respondents from the U.S. and 201 from Canada. Key findings from the RIMS 2025 Compensation Survey include:

  • The median annual base salary for U.S. risk management professionals in 2025 stands at $160,000, up from $144,300 in 2023.
  • For U.S. risk professionals holding the title of Chief Risk Officer or Vice President, the median annual base salary is $245,000, reflecting a 16% increase since 2023.
  • As of June 1, 2025, U.S. risk management professionals experienced an average base salary increase of 4.4% compared to the previous year.
  • 41% of U.S. respondents reported receiving recognition—either monetary or non-monetary—for obtaining an industry-related designation or certification.
  • Consistent with the 2023 report, two-thirds of U.S. risk management professionals (65%) possess at least one industry-related designation or certification.
  • There is a positive correlation between education, experience, and supervisory responsibility with salary. Those supervising 20 or more individuals typically earn $73,000 more than their non-supervisory counterparts.
  • While males generally earn more than females, this disparity is often attributed to higher levels of education, slightly more experience, and a greater likelihood of holding supervisory roles.

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Risk professionals have experienced a notable salary increase, averaging 11% since 2023. Among these, chief risk officers and vice presidents of risk management have seen even more significant gains, with a remarkable 16% increase.

These salary trends and other insights into risk management compensation are thoroughly examined in the RIMS 2025 Compensation Survey. This comprehensive report analyzes various risk management positions and explores how factors such as education, experience, and demographic data influence salary levels.

“There are many factors that reaffirm the immense value business leaders place on risk management, but few are more compelling than the salary increases highlighted in this year’s RIMS Compensation Survey,” stated RIMS CEO Gary A. LaBranche.

The survey gathered data from 1,068 RIMS professional members and non-members, with 867 respondents from the U.S. and 201 from Canada. Key findings from the RIMS 2025 Compensation Survey include:

  • The median annual base salary for U.S. risk management professionals in 2025 stands at $160,000, up from $144,300 in 2023.
  • For U.S. risk professionals holding the title of Chief Risk Officer or Vice President, the median annual base salary is $245,000, reflecting a 16% increase since 2023.
  • As of June 1, 2025, U.S. risk management professionals experienced an average base salary increase of 4.4% compared to the previous year.
  • 41% of U.S. respondents reported receiving recognition—either monetary or non-monetary—for obtaining an industry-related designation or certification.
  • Consistent with the 2023 report, two-thirds of U.S. risk management professionals (65%) possess at least one industry-related designation or certification.
  • There is a positive correlation between education, experience, and supervisory responsibility with salary. Those supervising 20 or more individuals typically earn $73,000 more than their non-supervisory counterparts.
  • While males generally earn more than females, this disparity is often attributed to higher levels of education, slightly more experience, and a greater likelihood of holding supervisory roles.

Topics
Trends
Talent

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