Average Risk Modeling Manager Salary in Paranaque, Philippines for 2026

In this article, we will look at the average Risk Modeling Manager salary for 2026 in Paranaque 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 Philippine peso. To keep things simple, we are using the PHP currency code instead of the currency symbol .

How Much Does a Risk Modeling Manager Make in Paranaque?

A Risk Modeling Manager working in Paranaque will typically earn around 999,500 PHP per year, and this can range from the lowest average salary of about 510,000 PHP to the highest average salary of 1,537,500 PHP.

Average Annual Salary999,500 PHP
Average Monthly Salary83,291 PHP
Average Lowest Salary510,000 PHP
Lowest Monthly Salary42,500 PHP
Average Highest Salary1,537,500 PHP
Highest Monthly Salary128,125 PHP

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

Risk Modeling Manager 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 Modeling Manager Salaries in Paranaque

So we've looked at the average salaries a Risk Modeling Manager will earn in Paranaque. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk Modeling Manager can earn between 510,000 PHP and 1,537,500 PHP on average in Paranaque. 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 Modeling Manager in Paranaque is 979,600 PHP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 979,600 PHP, and 50% of the population earn more than 979,600 PHP.

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 Modeling Manager salary in Paranaque, 25% of the population are earning less than 670,600 PHP while 75% of the population earn more than 670,600 PHP.

75% of the population earn less than 1,235,600 PHP, and 25% of the population earn more than 1,235,600 PHP.

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 Modeling Manager Salary by Experience Level in Paranaque

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 Modeling Manager 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 Modeling Manager in Paranaque that has less than two years of experience can expect to earn somewhere in the region of 572,200 PHP.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk Modeling Manager salary would increase to 744,600 PHP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk Modeling Manager, the average salary would be 1,043,700 PHP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,259,300 PHP.
  • 15 - 20 Years Experience. A Risk Modeling Manager with 15 to 20 years of experience can earn an average of 1,369,700 PHP.
  • 20+ Years Experience. For a Risk Modeling Manager with more than 20 years, the expected average salary increases to 1,476,700 PHP.

Average Salary by Experience Chart

0-2 Years-
572,200 PHP
2-5 Years+31%
744,600 PHP
5-10 Years+40%
1,043,700 PHP
10-15 Years+20%
1,259,300 PHP
15-20 Years+9%
1,369,700 PHP
20+ Years+8%
1,476,700 PHP

Risk Modeling Manager Salary by Education Level in Paranaque

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 Modeling Manager in Paranaque 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 Modeling Manager in Paranaque with a bachelor's degree education can earn an average salary of 705,500 PHP.
  • Master's Degree. A Risk Modeling Manager in Paranaque with a master's degree education can earn an average salary of 1,249,900 PHP.

Average Salary by Education Chart

Bachelor's Degree-
705,500 PHP
Master's Degree+77%
1,249,900 PHP

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 Philippines is around 223,000 to 669,000 PHP 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 Modeling Manager 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 Paranaque, a male risk modeling manager will earn an average of 1,030,200 PHP, while a female risk modeling manager will earn around 899,100 PHP.

This means that a male risk modeling manager earns approximately 15% more than a female risk modeling manager for performing the same job.

Average Salary by Gender Chart in Paranaque

Male-
1,030,200 PHP
Female-15%
899,100 PHP

Risk Modeling Manager Average Pay Raise in Paranaque

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 Modeling Manager in Paranaque is around 12% every 20 months.

The national average pay raise across all professions and industries in Philippines is around 8% every 18 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 = ( 12 ÷ 20 ) × 12  = 7%

What this means is that a Risk Modeling Manager in Paranaque can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Paranaque for 2026

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

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

Banking-
9%
Energy-
9%
Information Technology-
9%
Healthcare-
9%
Travel-
9%
Construction-
9%
Education-
9%

Risk Modeling Manager Bonus and Incentive Rates in Paranaque

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 Modeling Manager is a high bonus based job, with 84% of employees reporting at least one bonus in the last 12 months.

16% 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 5% to 9%.

Received Bonus-
84%
No Bonus-
16%

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 Philippines earn approximately 12% more than private sector employees in the same role.

Public Sector-
563,300 PHP
Private Sector-12%
504,300 PHP

Salaries for Jobs Similar to a Risk Modeling Manager

In the table below, we have salary information for jobs that are similar to a Risk Modeling Manager in Paranaque.

Job TitleCategorySalary
Actuarial AnalystInsurance689,900 PHP
Actuarial AssistantInsurance471,700 PHP
Actuarial SpecialistInsurance513,300 PHP
ActuaryInsurance672,600 PHP
Adjustment Insurance ClerkInsurance195,200 PHP
Assistant BrokerInsurance330,700 PHP
Assistant Claims ManagerInsurance559,000 PHP
Associate Insurance RepresentativeInsurance283,400 PHP
Auditing Insurance ManagerInsurance767,000 PHP
BrokerInsurance504,300 PHP
Claim Advocacy ProfessionalInsurance531,700 PHP
Claims AdjusterInsurance187,500 PHP
Claims AnalystInsurance279,400 PHP
Claims ExaminerInsurance272,800 PHP
Claims ManagerInsurance713,900 PHP
Claims ProcessorInsurance201,100 PHP
Claims RepresentativeInsurance228,500 PHP
Claims Resolution SpecialistInsurance555,800 PHP
Claims SupervisorInsurance524,400 PHP
Complaints SpecialistInsurance504,400 PHP
Compliance ExaminerInsurance476,600 PHP
Compliance OfficerInsurance412,000 PHP
Compliance ReviewerInsurance504,500 PHP
ConsultantInsurance501,400 PHP
Eligibility InterviewerInsurance582,700 PHP
Eligibility SpecialistInsurance516,100 PHP
Insurance Account ManagerInsurance619,000 PHP
Insurance Accounts ExecutiveInsurance565,100 PHP
Insurance AdjusterInsurance492,400 PHP
Insurance AgentInsurance314,500 PHP
Insurance AnalystInsurance539,800 PHP
Insurance AppraiserInsurance539,700 PHP
Insurance Claims ClerkInsurance196,800 PHP
Insurance ExaminerInsurance466,900 PHP
Insurance InvestigatorInsurance516,100 PHP
Insurance ManagerInsurance890,700 PHP
Insurance Operations ManagerInsurance938,700 PHP
Insurance Policy Processing ClerkInsurance197,600 PHP
Insurance Pricing AssistantInsurance428,400 PHP
Insurance Program ManagerInsurance653,200 PHP
Insurance Project ManagerInsurance641,900 PHP
Insurance Quality Assurance AgentInsurance437,300 PHP
Insurance Sales AgentInsurance308,900 PHP
Insurance Sales DirectorInsurance816,000 PHP
Insurance Sales ManagerInsurance653,200 PHP
Insurance Sales RepresentativeInsurance261,300 PHP
Insurance Team LeaderInsurance578,500 PHP
Insurance UnderwriterInsurance394,300 PHP
Loss Control SpecialistInsurance510,200 PHP
Loss Prevention InvestigatorInsurance533,000 PHP
Loss Prevention ManagerInsurance727,400 PHP
Loss Prevention SpecialistInsurance572,200 PHP
Marine UnderwriterInsurance392,300 PHP
Medical AuditorInsurance524,700 PHP
Monitoring and Performance OfficerInsurance378,800 PHP
Payment Services SpecialistInsurance514,800 PHP
Policy Change DirectorInsurance836,800 PHP
Policy Change SupervisorInsurance559,000 PHP
Policy Change TechnicianInsurance243,000 PHP
Risk AnalystInsurance588,500 PHP
Risk Management DirectorInsurance987,200 PHP
Risk Management SupervisorInsurance683,800 PHP
Risk ManagerInsurance991,000 PHP
Title Insurance TypistInsurance454,900 PHP
Training ManagerInsurance574,200 PHP

Salary Comparison by City

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

CityAverage Salary
Antipolo1,089,400 PHP
Cagayan de Oro1,042,000 PHP
Cebu1,070,600 PHP
Dasmarinas960,900 PHP
Davao1,084,200 PHP
Kalookan1,112,300 PHP
Las Pinas938,700 PHP
Makati899,200 PHP
Manila1,179,800 PHP
Pasig1,047,900 PHP
Quezon City1,224,800 PHP
Taguig1,065,400 PHP
Valenzuela946,800 PHP

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