Risk managers identify and assess possible threats to construction projects. They take into account financial, legal, environmental and reputational risks, plus risks to the workforce and organisation they work for. They work closely with project managers, health and safety teams, human resources and legal teams. Risk managers create policies to protect assets and minimise accidents, mistakes, budget loss or public liability.

Average salary*

£25000 – £75000+

Typical hours per week


How to become a risk manager

You can gain the qualifications you need by doing a university course.

You may need a Construction Skills Certification Scheme (CSCS) card to work on a construction site.


You could do an undergraduate degree in:

  • Risk management
  • Accounting
  • Finance
  • Economics
  • Statistics
  • Business studies
  • Law
  • Management
  • Engineering.

Afterwards, you may be able to join a company’s graduate trainee scheme.

If you have a first degree that is unrelated to risk management, you could do a distance learning qualification to help you move into this field. The Institute of Risk Management (IRM) offers two courses:

  • The International Certificate in Risk Management (undergraduate level)
  • The International Diploma in Risk Management (postgraduate level).

You’ll need 2 – 3 A Levels (or equivalent) for an undergraduate degree.


Additional skills which may benefit anyone looking to become a risk manager include:

  • Excellent verbal and written communications skills
  • Knowledge of the English language
  • Leadership skills
  • Able to use the main computer software’s efficiently
  • Be thorough and pay attention to detail

What does a risk manager do?

As a risk manager you will be responsible for the design and deployment of corporate risk management processes. This can involve reporting on problems and providing support to staff and colleagues.

The job role of a risk manager involves the following duties:

  • Designing and carrying out corporate risk management processes
  • Completing operational risk assessments
  • Reporting problems or concerns to colleagues and stakeholders
  • Monitoring insurance purchases and health and safety measures
  • Making business continuity plans to follow in the event of an incident
  • Training staff to increase risk awareness and communicate policies
  • Providing support to limit risks and reduce incidents
  • Visiting sites to monitor and suggest changes to processes
  • Liaising with senior colleagues to implement change
  • Working in an office and on construction sites.

How much could you earn as a risk manager?

The expected salary for a risk manager varies as you become more experienced.

  • Newly trained risk managers can earn in the region of £25,000 – £30,000
  • Trained with experience risk managers can earn in the region of £30,000 – £45,000
  • Senior risk managers can earn in the region of £45,000 – £75,000+

Hours and salary depend on location, employer and any overtime you may do.

* Salaries have been collected from multiple industry sources.

Find an apprenticeship/job


Apprenticeships in England

Apprenticeships in Scotland

Apprenticeships in Wales


Check out the latest Risk Manager vacancies: 

As these are external websites, the number of job vacancies related to your preferred job role may vary. New opportunities will be posted as they come up.

Career path and progression

With experience, you could progress to become a senior or chief risk officer and earn a higher salary.

You could specialise in certain types of risk, such as financial, operational or environmental risk.

You could work as a self-employed risk consultant.