Average Risk Management Director Salary in Hangzhou, China for 2026

In this article, we will look at the average Risk Management Director salary for 2026 in Hangzhou and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Chinese yuan. To keep things simple, we are using the CNY currency code instead of the currency symbol ¥.

How Much Does a Risk Management Director Make in Hangzhou?

A Risk Management Director working in Hangzhou will typically earn around 751,700 CNY per year, and this can range from the lowest average salary of about 353,600 CNY to the highest average salary of 1,189,900 CNY.

Average Annual Salary751,700 CNY
Average Monthly Salary62,641 CNY
Average Lowest Salary353,600 CNY
Lowest Monthly Salary29,466 CNY
Average Highest Salary1,189,900 CNY
Highest Monthly Salary99,158 CNY

These are average salaries for a Risk Management Director in Hangzhou and include benefits such as housing and transport. It's also possible for a Risk Management Director to earn more or less than the average salaries shown above.

Risk Management Director salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Risk Management Director Salaries in Hangzhou

So we've looked at the average salaries a Risk Management Director will earn in Hangzhou. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk Management Director can earn between 353,600 CNY and 1,189,900 CNY on average in Hangzhou. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Risk Management Director in Hangzhou is 798,900 CNY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 798,900 CNY, and 50% of the population earn more than 798,900 CNY.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Risk Management Director salary in Hangzhou, 25% of the population are earning less than 519,300 CNY while 75% of the population earn more than 519,300 CNY.

75% of the population earn less than 1,051,400 CNY, and 25% of the population earn more than 1,051,400 CNY.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Risk Management Director Salary by Experience Level in Hangzhou

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Risk Management Director salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Risk Management Director in Hangzhou that has less than two years of experience can expect to earn somewhere in the region of 407,300 CNY.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk Management Director salary would increase to 563,000 CNY.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk Management Director, the average salary would be 799,300 CNY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 975,700 CNY.
  • 15 - 20 Years Experience. A Risk Management Director with 15 to 20 years of experience can earn an average of 1,032,400 CNY.
  • 20+ Years Experience. For a Risk Management Director with more than 20 years, the expected average salary increases to 1,122,900 CNY.

Average Salary by Experience Chart

0-2 Years-
407,300 CNY
2-5 Years+38%
563,000 CNY
5-10 Years+42%
799,300 CNY
10-15 Years+22%
975,700 CNY
15-20 Years+6%
1,032,400 CNY
20+ Years+9%
1,122,900 CNY

Risk Management Director Salary by Education Level in Hangzhou

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Risk Management Director in Hangzhou based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Risk Management Director in Hangzhou with a bachelor's degree education can earn an average salary of 563,000 CNY.
  • Master's Degree. A Risk Management Director in Hangzhou with a master's degree education can earn an average salary of 1,032,400 CNY.

Average Salary by Education Chart

Bachelor's Degree-
563,000 CNY
Master's Degree+83%
1,032,400 CNY

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in China is around 146,000 to 439,000 CNY and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Risk Management Director Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Hangzhou, a male risk management director will earn an average of 675,100 CNY, while a female risk management director will earn around 615,000 CNY.

This means that a male risk management director earns approximately 10% more than a female risk management director for performing the same job.

Average Salary by Gender Chart in Hangzhou

Male-
675,100 CNY
Female-10%
615,000 CNY

Risk Management Director Average Pay Raise in Hangzhou

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Risk Management Director in Hangzhou is around 13% every 17 months.

The national average pay raise across all professions and industries in China is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 17 ) × 12  = 9%

What this means is that a Risk Management Director in Hangzhou can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Hangzhou for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in China.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
8%
Energy-
7%
Information Technology-
6%
Healthcare-
5%
Travel-
4%
Construction-
3%
Education-
2%

Risk Management Director Bonus and Incentive Rates in Hangzhou

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Risk Management Director is a high bonus based job, with 81% of employees reporting at least one bonus in the last 12 months.

19% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus-
81%
No Bonus-
19%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in China earn approximately 6% more than private sector employees in the same role.

Public Sector-
362,200 CNY
Private Sector-6%
341,400 CNY

Salaries for Jobs Similar to a Risk Management Director

In the table below, we have salary information for jobs that are similar to a Risk Management Director in Hangzhou.

Job TitleCategorySalary
Actuarial AnalystInsurance489,500 CNY
Actuarial AssistantInsurance325,900 CNY
Actuarial SpecialistInsurance344,600 CNY
ActuaryInsurance459,300 CNY
Adjustment Insurance ClerkInsurance128,900 CNY
Assistant BrokerInsurance231,000 CNY
Assistant Claims ManagerInsurance365,400 CNY
Associate Insurance RepresentativeInsurance189,300 CNY
Auditing Insurance ManagerInsurance544,800 CNY
BrokerInsurance351,900 CNY
Claim Advocacy ProfessionalInsurance340,000 CNY
Claims AdjusterInsurance129,000 CNY
Claims AnalystInsurance189,300 CNY
Claims ExaminerInsurance175,900 CNY
Claims ManagerInsurance504,300 CNY
Claims ProcessorInsurance127,700 CNY
Claims RepresentativeInsurance161,600 CNY
Claims Resolution SpecialistInsurance381,800 CNY
Claims SupervisorInsurance352,000 CNY
Complaints SpecialistInsurance312,400 CNY
Compliance ExaminerInsurance344,600 CNY
Compliance OfficerInsurance292,000 CNY
Compliance ReviewerInsurance322,600 CNY
ConsultantInsurance365,400 CNY
Eligibility InterviewerInsurance363,000 CNY
Eligibility SpecialistInsurance369,900 CNY
Insurance Account ManagerInsurance425,100 CNY
Insurance Accounts ExecutiveInsurance372,600 CNY
Insurance AdjusterInsurance339,100 CNY
Insurance AgentInsurance205,700 CNY
Insurance AnalystInsurance341,400 CNY
Insurance AppraiserInsurance357,700 CNY
Insurance Claims ClerkInsurance124,400 CNY
Insurance ExaminerInsurance322,600 CNY
Insurance InvestigatorInsurance344,600 CNY
Insurance ManagerInsurance598,600 CNY
Insurance Operations ManagerInsurance600,000 CNY
Insurance Policy Processing ClerkInsurance128,500 CNY
Insurance Pricing AssistantInsurance268,900 CNY
Insurance Program ManagerInsurance483,400 CNY
Insurance Project ManagerInsurance466,300 CNY
Insurance Quality Assurance AgentInsurance309,800 CNY
Insurance Sales AgentInsurance215,100 CNY
Insurance Sales DirectorInsurance565,100 CNY
Insurance Sales ManagerInsurance472,000 CNY
Insurance Sales RepresentativeInsurance180,300 CNY
Insurance Team LeaderInsurance381,800 CNY
Insurance UnderwriterInsurance249,600 CNY
Loss Control SpecialistInsurance327,300 CNY
Loss Prevention InvestigatorInsurance369,300 CNY
Loss Prevention ManagerInsurance489,500 CNY
Loss Prevention SpecialistInsurance375,200 CNY
Marine UnderwriterInsurance263,100 CNY
Medical AuditorInsurance353,600 CNY
Monitoring and Performance OfficerInsurance239,000 CNY
Payment Services SpecialistInsurance357,700 CNY
Policy Change DirectorInsurance566,900 CNY
Policy Change SupervisorInsurance371,100 CNY
Policy Change TechnicianInsurance172,200 CNY
Risk AnalystInsurance396,300 CNY
Risk Management SupervisorInsurance437,900 CNY
Risk ManagerInsurance683,400 CNY
Risk Modeling ManagerInsurance645,800 CNY
Title Insurance TypistInsurance315,700 CNY
Training ManagerInsurance401,300 CNY

Salary Comparison by City

If you want to compare salaries with different cities in China, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Beijing704,350 CNY
Changchun600,450 CNY
Changsha576,300 CNY
Chengdu683,750 CNY
Chongqing692,850 CNY
Dalian587,950 CNY
Dongguan572,750 CNY
Foshan604,000 CNY
Fuzhou569,750 CNY
Guangzhou721,950 CNY
Harbin659,250 CNY
Jinan670,300 CNY
Kunming587,350 CNY
Nanjing635,300 CNY
Qingdao614,850 CNY
Quanzhou574,000 CNY
Shanghai708,050 CNY
Shantou660,200 CNY
Shenyang650,350 CNY
Shenzhen651,000 CNY
Suzhou628,850 CNY
Tianjin677,150 CNY
Wenzhou635,650 CNY
Wuhan709,350 CNY
Wuxi545,300 CNY
Xi an679,100 CNY
Xiamen547,700 CNY
Zhengzhou535,800 CNY

Salary Comparison by State

The table below includes links to the average salary for each state in China.

StateAverage Salary
Anhui700,200 CNY
Beijing555,850 CNY
Chongqing599,650 CNY
Fujian616,700 CNY
Gansu604,850 CNY
Guangdong723,700 CNY
Guangxi666,900 CNY
Guizhou588,050 CNY
Hainan567,100 CNY
Hebei692,500 CNY
Heilongjiang624,650 CNY
Henan694,350 CNY
Hubei700,400 CNY
Hunan688,500 CNY
Jiangsu711,700 CNY
Jiangxi635,300 CNY
Jilin618,400 CNY
Liaoning646,750 CNY
Nei Monggol590,950 CNY
Ningxia531,400 CNY
Qinghai560,500 CNY
Shaanxi631,500 CNY
Shandong734,450 CNY
Shanghai565,600 CNY
Shanxi615,200 CNY
Sichuan716,150 CNY
Tianjin543,250 CNY
Xinjiang Uygur561,400 CNY
Xizang [Tibet]533,700 CNY
Yunnan668,550 CNY
Zhejiang656,650 CNY

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