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Is risk management a good career?

Question:

Is risk management a good career?

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Answer:

Risk Management is a career field that is present in many different industries. Fundamentally, risk managers are responsible for assessing and planning for any potential or real risks within an industry's operations. In all cases, risk management requires workers to possess strong analytical skills and research abilities in order to recognize relevant data, interpret patterns present in the data, and build assessments for companies as a support for their initiatives related to risk programming. On a National scale, the annual base salary for a risk manager is $112, 181, according to Salary.com. This is on the lower end of the spectrum: risk executives make the highest amount with an annual base salary of $255, 727. A couple of key benefits of working in risk management is access to healthcare and time-off: both of these benefits make up nine and six percent, respectively, of the total value of benefits within the field. On an industry scale, the most common industries with risk management employment is the healthcare sector, financial services, insurance, and government. For more information about risk management, check out this article: How to Become a Risk Manager

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