What does a Risk-Manager do?
As a risk manager, you are in charge of determining financial, safety and security risks for a company or organization, and you find ways to reduce those risks through planning and problem-solving. Risk managers are in charge of research activities such as risk assessment for current company affairs or risk evaluation, which evaluates the company's handling of risks in the past. Risk managers must be able to present their findings to their clients in a way that's easy for the company administration to understand and implement. Many risk managers begin their careers as risk assistants or risk analysts and move into manager roles once they have enough experience.
Most risk managers hold bachelor's degrees in business, management or another related field. Graduate degrees look even more impressive on your resum' to potential employers. In-depth knowledge of the company and industry is very important for risk managers, who need to accurately assess risks that may become a reality without intervention by organization management. Risk managers should be able to think outside the box to envision risks that might be otherwise unnoticeable to others.
Average Base Pay
“Good collaborative spirit and balance of financial and technical projects (which was what I was interested in).”
“I got to meet great people and learn from people who have been in the industry for many years.”
“Many different ways at getting the same thing done which is good for innovation but bad for efficiency.”
“Subtle racism in Canada where you have no chance to grow due to your skin color.”
“1. Managing Work life balance is little difficult but that's life of a startup.”
“The Agent I work for is a great guy who tries his best to help us function in our roles.”
“Any position at Goosehead is going to be hard work and it’s much easier when you get to do it with your favorite people.”
“Good for career development and great people”
Frequently asked questions about the role and responsibilities of a risk manager
When working as a risk manager, the most common skills you will need to perform your job and for career success are Audit, Written Communication, Microsoft Office Suite, Attention To Detail and Frameworks.
- Program Manager
- Risk Analyst
- Project Manager
- Business Analyst
The most common qualifications to become a risk manager is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.