Identify, assess, and mitigate organizational risks including insurance and operational risks. Median salary in Chesapeake: $111K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Chesapeake, Virginia. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Adjusted for Chesapeake's cost-of-living index (98), the median Risk Manager salary buys the equivalent of $113,265 in a US-average-cost city. That's $3,265 more purchasing power than the national median — a meaningful real-wage advantage.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $111K by 2030.
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The median Risk Manager salary in Chesapeake, VA is $111,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Chesapeake–VA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Risk Managers in Chesapeake with 0–2 years of experience typically earn between $82,000 and $111,000 annually. Mid-career professionals with 3–7 years command $111,000 to $146,000, while senior-level practitioners with 8+ years of experience regularly earn $146,000 to $189,000 or more.
Chesapeake has a cost of living index of 98 compared to the US national average of 100. This means your salary goes approximately 2% further in Chesapeake than the national average. Virginia has a 5.75% state income tax rate.
Bachelor's in Finance or Risk Management; ARM designation. 50% of these roles offer some remote flexibility.