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Last updated: October 31, 2024
Risk Manager Salary
in New Castle, Indiana
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$131,702 (USD)
Average Salary
$63/hr
Average Hourly
$10,865
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a Risk Manager is $131,702 a year and $63 an hour in New Castle, Indiana, United States. The average salary range for a Risk Manager is between $90,216 and $160,940. On average, a Master's Degree is the highest level of education for a Risk Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in New Castle, Indiana.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$147,936
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About New Castle, Indiana
New Castle Cost of Living Score:
Description:
New Castle is a city in Henry County, Indiana, United States. Located 44 miles (71 km) east-northeast of Indianapolis, on the Big Blue River, the city is the county seat of Henry County. New Castle is home to New Castle Fieldhouse, the largest high school gymnasium in the world.
The city is surrounded by agricultural land. In the past, it was a manufacturing center for the production of sheet iron and steel, automobiles, caskets, clothing, scales, bridges, pianos, furniture, handles, shovels, lathes, bricks, and flour. Starting in the early 20th century, it was known as the Rose City, at one point having 100 florists...
Job Summary
Description:
- Manages, plans, and coordinates risk and insurance programs of establishment to control risks and losses.
- Identifies, evaluates, and implements corrective action against risks that may result in injury, property loss, damage, or legal liability.
- Analyzes and classifies risks as to frequency and potential severity, and measures financial impact of risk on company.
Risk Manager Job Listings for
No listings found
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Salary Recap
The average pay for a Risk Manager is $131,702 a year and $63 an hour in New Castle, Indiana, United States. The average salary range for a Risk Manager is between $90,216 and $160,940. On average, a Master's Degree is the highest level of education for a Risk Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in New Castle, Indiana.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Risk Manager Job Prevalence in the United States
Job family: Financial Managers
Job family population: 787,340
Estimated population of Risk Manager jobs: 7,007
Rate of error: 1.0%
Take the guess work out of setting pay
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About New Castle, Indiana
New Castle Cost of Living Score:
Description:
New Castle is a city in Henry County, Indiana, United States. Located 44 miles (71 km) east-northeast of Indianapolis, on the Big Blue River, the city is the county seat of Henry County. New Castle is home to New Castle Fieldhouse, the largest high school gymnasium in the world.
The city is surrounded by agricultural land. In the past, it was a manufacturing center for the production of sheet iron and steel, automobiles, caskets, clothing, scales, bridges, pianos, furniture, handles, shovels, lathes, bricks, and flour. Starting in the early 20th century, it was known as the Rose City, at one point having 100 florists...
Job Summary
Description:
- Manages, plans, and coordinates risk and insurance programs of establishment to control risks and losses.
- Identifies, evaluates, and implements corrective action against risks that may result in injury, property loss, damage, or legal liability.
- Analyzes and classifies risks as to frequency and potential severity, and measures financial impact of risk on company.
Risk Manager Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More