Risk Managers

Risk managers help businesses control risks and losses while maintaining the highest production levels possible. They work in industrial, service, nonprofit, and public-sector organizations. By protecting a company against loss, the risk manager helps it to improve operating efficiency and meet strategic goals. Approximately 484,910 financial managers, including risk managers, are employed in the United States. Risk managers are also known as risk officers.

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Quick Facts
Alternate Title(s) Risk Officers
Duties Identify business risks and provide suggestions on how to avoid losses
Salary Range $50,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) Large metropolitan areas
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience Five years' experience in risk management, insurance, or related areas
Personality Traits
  • Organized
  • Problem-Solving
  • Realistic
Skills
  • Business Management
  • Financial
  • Interpersonal
Certification or Licensing Recommended
Special Requirements None
Employment Prospects Good
Advancement Prospects Good
Outlook About as Fast as the Average
Career Ladder
  • General Manager or Independent Consultant
  • Risk Manager
  • Risk Management Trainee

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