Average Risk Modeling Manager Salary in San Bernardo, Chile for 2026

In this article, we will look at the average Risk Modeling Manager salary for 2026 in San Bernardo 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 Chilean peso. To keep things simple, we are using the CLP currency code instead of the currency symbol $.

How Much Does a Risk Modeling Manager Make in San Bernardo?

A Risk Modeling Manager working in San Bernardo will typically earn around 40,799,600 CLP per year, and this can range from the lowest average salary of about 22,081,800 CLP to the highest average salary of 61,561,100 CLP.

Average Annual Salary40,799,600 CLP
Average Monthly Salary3,399,966 CLP
Average Lowest Salary22,081,800 CLP
Lowest Monthly Salary1,840,150 CLP
Average Highest Salary61,561,100 CLP
Highest Monthly Salary5,130,091 CLP

These are average salaries for a Risk Modeling Manager in San Bernardo 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 San Bernardo

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

Salary ranges

We already know that a Risk Modeling Manager can earn between 22,081,800 CLP and 61,561,100 CLP on average in San Bernardo. 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 San Bernardo is 37,561,000 CLP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 37,561,000 CLP, and 50% of the population earn more than 37,561,000 CLP.

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 San Bernardo, 25% of the population are earning less than 26,759,500 CLP while 75% of the population earn more than 26,759,500 CLP.

75% of the population earn less than 45,599,600 CLP, and 25% of the population earn more than 45,599,600 CLP.

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 San Bernardo

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 San Bernardo that has less than two years of experience can expect to earn somewhere in the region of 25,561,400 CLP.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk Modeling Manager salary would increase to 32,280,500 CLP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk Modeling Manager, the average salary would be 42,601,100 CLP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 50,158,700 CLP.
  • 15 - 20 Years Experience. A Risk Modeling Manager with 15 to 20 years of experience can earn an average of 55,440,900 CLP.
  • 20+ Years Experience. For a Risk Modeling Manager with more than 20 years, the expected average salary increases to 59,040,700 CLP.

Average Salary by Experience Chart

0-2 Years-
25,561,400 CLP
2-5 Years+26%
32,280,500 CLP
5-10 Years+32%
42,601,100 CLP
10-15 Years+18%
50,158,700 CLP
15-20 Years+11%
55,440,900 CLP
20+ Years+6%
59,040,700 CLP

Risk Modeling Manager Salary by Education Level in San Bernardo

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 San Bernardo 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 San Bernardo with a bachelor's degree education can earn an average salary of 33,119,100 CLP.
  • Master's Degree. A Risk Modeling Manager in San Bernardo with a master's degree education can earn an average salary of 50,519,600 CLP.

Average Salary by Education Chart

Bachelor's Degree-
33,119,100 CLP
Master's Degree+53%
50,519,600 CLP

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 Chile is around 9,340,000 to 28,000,000 CLP 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 San Bernardo, a male risk modeling manager will earn an average of 43,680,700 CLP, while a female risk modeling manager will earn around 41,158,900 CLP.

This means that a male risk modeling manager earns approximately 6% more than a female risk modeling manager for performing the same job.

Average Salary by Gender Chart in San Bernardo

Male-
43,680,700 CLP
Female-6%
41,158,900 CLP

Risk Modeling Manager Average Pay Raise in San Bernardo

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 San Bernardo is around 11% every 21 months.

The national average pay raise across all professions and industries in Chile is around 7% every 19 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 = ( 11 ÷ 21 ) × 12  = 6%

What this means is that a Risk Modeling Manager in San Bernardo can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in San Bernardo for 2026

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

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

Banking-
7%
Energy-
5%
Information Technology-
3%
Healthcare-
1%
Travel-
8%
Construction-
6%
Education-
4%

Risk Modeling Manager Bonus and Incentive Rates in San Bernardo

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 82% of employees reporting at least one bonus in the last 12 months.

18% 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-
82%
No Bonus-
18%

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 Chile earn approximately 7% more than private sector employees in the same role.

Public Sector-
23,399,000 CLP
Private Sector-7%
21,841,900 CLP

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 San Bernardo.

Job TitleCategorySalary
Actuarial AnalystInsurance29,399,100 CLP
Actuarial AssistantInsurance21,599,000 CLP
Actuarial SpecialistInsurance20,639,100 CLP
ActuaryInsurance30,721,900 CLP
Adjustment Insurance ClerkInsurance8,650,700 CLP
Assistant BrokerInsurance14,760,200 CLP
Assistant Claims ManagerInsurance25,321,400 CLP
Associate Insurance RepresentativeInsurance11,998,600 CLP
Auditing Insurance ManagerInsurance32,639,300 CLP
BrokerInsurance22,198,500 CLP
Claim Advocacy ProfessionalInsurance21,841,900 CLP
Claims AdjusterInsurance8,533,800 CLP
Claims AnalystInsurance11,281,100 CLP
Claims ExaminerInsurance11,782,700 CLP
Claims ManagerInsurance33,360,800 CLP
Claims ProcessorInsurance8,305,400 CLP
Claims RepresentativeInsurance10,177,900 CLP
Claims Resolution SpecialistInsurance24,478,500 CLP
Claims SupervisorInsurance23,040,200 CLP
Complaints SpecialistInsurance19,678,200 CLP
Compliance ExaminerInsurance21,478,100 CLP
Compliance OfficerInsurance18,359,600 CLP
Compliance ReviewerInsurance20,038,100 CLP
ConsultantInsurance22,681,800 CLP
Eligibility InterviewerInsurance22,918,100 CLP
Eligibility SpecialistInsurance22,081,800 CLP
Insurance Account ManagerInsurance27,118,300 CLP
Insurance Accounts ExecutiveInsurance23,520,800 CLP
Insurance AdjusterInsurance20,878,800 CLP
Insurance AgentInsurance12,958,200 CLP
Insurance AnalystInsurance22,441,700 CLP
Insurance AppraiserInsurance21,719,900 CLP
Insurance Claims ClerkInsurance8,401,800 CLP
Insurance ExaminerInsurance21,599,000 CLP
Insurance InvestigatorInsurance20,999,200 CLP
Insurance ManagerInsurance38,281,500 CLP
Insurance Operations ManagerInsurance39,358,400 CLP
Insurance Policy Processing ClerkInsurance8,638,900 CLP
Insurance Pricing AssistantInsurance17,640,500 CLP
Insurance Program ManagerInsurance30,961,800 CLP
Insurance Project ManagerInsurance28,919,800 CLP
Insurance Quality Assurance AgentInsurance20,400,600 CLP
Insurance Sales AgentInsurance13,079,500 CLP
Insurance Sales DirectorInsurance37,561,000 CLP
Insurance Sales ManagerInsurance30,841,400 CLP
Insurance Sales RepresentativeInsurance11,941,500 CLP
Insurance Team LeaderInsurance23,399,000 CLP
Insurance UnderwriterInsurance16,198,300 CLP
Loss Control SpecialistInsurance20,999,200 CLP
Loss Prevention InvestigatorInsurance23,638,700 CLP
Loss Prevention ManagerInsurance31,320,700 CLP
Loss Prevention SpecialistInsurance23,878,400 CLP
Marine UnderwriterInsurance17,278,100 CLP
Medical AuditorInsurance22,558,900 CLP
Monitoring and Performance OfficerInsurance16,320,700 CLP
Payment Services SpecialistInsurance22,799,000 CLP
Policy Change DirectorInsurance33,841,700 CLP
Policy Change SupervisorInsurance24,478,500 CLP
Policy Change TechnicianInsurance11,425,300 CLP
Risk AnalystInsurance26,040,800 CLP
Risk Management DirectorInsurance42,601,100 CLP
Risk Management SupervisorInsurance28,679,900 CLP
Risk ManagerInsurance40,321,500 CLP
Title Insurance TypistInsurance18,598,500 CLP
Training ManagerInsurance25,801,200 CLP

Salary Comparison by City

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

CityAverage Salary
Antofagasta43,438,200 CLP
Concepcion36,240,700 CLP
La Florida42,601,100 CLP
Las Condes42,601,100 CLP
Maipu44,398,300 CLP
Penalolen38,281,500 CLP
Puente Alto46,199,800 CLP
Rancagua35,878,200 CLP
Santiago45,478,500 CLP
Temuco39,119,300 CLP
Valparaiso41,158,900 CLP
Vina del Mar43,800,600 CLP

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