Becoming a Risk Manager via Online Education?
At the very least, online education can help you lay a foundation and/or open up alternate career paths.
Kaplan University, one of the highest ranking online
schools,
is a US school (accredited) offering risk management courses to train individuals
to become top-notch
insurance professionals,
insurance agents,
insurance brokers,
insurance consultants,
risk managers, etc.
Currently, according to the US Bureau of Labor Statistics there are 495,180 people employed as
financial managers alone in America, and their average annual salary is
$113,730.
Colleges and universities like Kaplan University that provide online education are successfully launching workers into
this
field.
Typical Work Locations for a Risk Manager
- office
- risk management office
- risk management firm
- cubicle
- in manager meetings
- insurance offices
- in corporate offices
- in upper management meetings
- in the field
- in a warehouse
Potential Advantages and Benefits of Working as a Risk Manager
- denote unique identification in society
- able to work with risky project
- firstly handled high risk job
- tremendous performance in industry with high effort
- handling difficulty
- decide risk means which risk is better for handling
- reduce risk
- dynamic professional
- create natural relationship
- always systematic
Potential Drawbacks
- meeting the challenges of enterprise risk management is difficult
- have to manage risks which are difficult to assess
- a lot of responsibility rides on your shoulders
- have to meet the demands of clients
- being a manager is a lot of responsibility
- you have to weigh a lot of different complex decisions
- as a manager you have to fire people
- you need to be a master of many disciplines
- long hours
- may require traveling
Related Professions to Consider
- Field Credit Officer
- Project Managers
- Technology Risk-Manager
- Sr. Manager
- Principal Consultant
- IT Risk Manager
- Portfolio Manager
- Associate Risk Manager
- Enterprise Risk Management
- Technical Manager
Possible Interview Questions When Applying to be a Risk Manager
- Why you would like to work for us?
- How do you think you will contribute to a team?
- What is your experience with portfolios?
- You are fit for this job because?
- Briefly describe the call center environment?
- Do you have a financial background or coursework to draw from?
- Give and example when you have demonstrated ability to work well in a team?
- What are some of your weaknesses?
- What have been your notable achievements in work or otherwise and how will relate to working for?
- What are the long term goals?
Common Collaborating Professions
- Manager of Subcontracts
- Senior Risk Management Coordinator
- Property Manager
- Operations Manager
- HR Service Delivery Manager
- VP - Channel Manager
- Project Manager
- Business Risk Manager
- Nurse Manager
- Federal Programs DEA Manager
Risk Manager Training books
Risk Manager (More) Popular books
Potential Companies to Work For
Common College Majors
- Decision Quality in Organizations
- Decision Analysis
- Converting Strategy into Action
- Behavioral Challenges in Decision-Making
- Strategic Innovation
- Enterprise Risk Management
- Ethical Decision-Making
- Strategic Portfolio Decisions
- Collaborative Decision-Making and Negotiation
- Advanced Decision Analysis
Risk Manager Salary Information
Category: Financial managers
| Total # Employed in the US |
495,180 |
| Average Hourly Wage: |
$54.68/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $26.33 |
$35.35 |
$48.65 |
$66.35 |
$0.0 |
|
| Average Yearly Salary |
$113,730 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $54,760 |
$73,530 |
$101,190 |
$138,010 |
$0 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 1.0% |
12.4% |
19.5% |
7.9% |
40.0% |
17.1% |
2.1% |
|
Financial managers — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
|---|
| Oklahoma |
$71.19/hr
|
$148,070
|
| District of Columbia |
$63.37/hr
|
$131,810
|
| North Dakota |
$62.74/hr
|
$130,500
|
| Colorado |
$61.59/hr
|
$128,100
|
| Missouri |
$58.83/hr
|
$122,370
|
| Florida |
$58.2/hr
|
$121,050
|
| Nebraska |
$56.28/hr
|
$117,050
|
| Connecticut |
$55.91/hr
|
$116,300
|
| Kansas |
$54.93/hr
|
$114,250
|
| Wyoming |
$54.39/hr
|
$113,120
|
| Virginia |
$54.24/hr
|
$112,810
|
| Hawaii |
$53.83/hr
|
$111,970
|
| South Carolina |
$53.1/hr
|
$110,440
|
| Delaware |
$52.86/hr
|
$109,950
|
| Oregon |
$52.46/hr
|
$109,120
|
| Idaho |
$51.87/hr
|
$107,880
|
| Puerto Rico |
$51.68/hr
|
$107,500
|
| New Hampshire |
$51.47/hr
|
$107,060
|
| New Mexico |
$50.83/hr
|
$105,730
|
| Mississippi |
$50.51/hr
|
$105,050
|
| Tennessee |
$50.51/hr
|
$105,060
|
| West Virginia |
$49.48/hr
|
$102,920
|
| Utah |
$49.24/hr
|
$102,410
|
| Kentucky |
$48.63/hr
|
$101,150
|
| Montana |
$48.18/hr
|
$100,210
|
| Alabama |
$47.94/hr
|
$99,710
|
| North Carolina |
$47.93/hr
|
$99,690
|
| Guam |
$46.23/hr
|
$96,150
|
| New York |
$45.91/hr
|
$95,490
|
| Arkansas |
$45.27/hr
|
$94,160
|
| Louisiana |
$45.26/hr
|
$94,130
|
| Washington |
$44.77/hr
|
$93,120
|
| Indiana |
$42.47/hr
|
$88,340
|
| Alaska |
$42.2/hr
|
$87,770
|
| Ohio |
$42.04/hr
|
$87,440
|
| Pennsylvania |
$41.38/hr
|
$86,060
|
| Maine |
$41.27/hr
|
$85,830
|
| South Dakota |
$39.55/hr
|
$82,260
|
| Maryland |
$39.24/hr
|
$81,620
|
| Wisconsin |
$39.15/hr
|
$81,430
|
| Michigan |
$38.7/hr
|
$80,490
|
| Massachusetts |
$38.57/hr
|
$80,220
|
| California |
$38.25/hr
|
$79,550
|
| Nevada |
$37.29/hr
|
$77,570
|
| Iowa |
$35.5/hr
|
$73,850
|
| New Jersey |
$35.04/hr
|
$72,890
|
