Risk Management Advisor Salary at Bbwh Insurors BETA

How much does a Bbwh Insurors Risk Management Advisor make?

As of December 2024, the average annual salary for a Risk Management Advisor at Bbwh Insurors is $125,966, which translates to approximately $61 per hour. Salaries for Risk Management Advisor at Bbwh Insurors typically range from $112,241 to $141,637, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

BBWH Insurors Overview

Website:
bbwhins.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

For more than 100 years, BBWH Insurors has delivered quality insurance solutions to individuals in Georgia, specializing in Business, Benefits, Workers Comp, Home and Auto insurance coverage. Our team of experienced insurance professionals is committed to helping you find a policy that fits your needs. We focus on providing individualized attention and exceptional customer service to create an experience that's difficult to find in today's market. At BBWH Insurors, we'll work with you to ensure that you and those you care about most are protected. Accommodating, professional, helpful, and quick. Very comfortable experience and I was impressed by their capabilities.

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What Skills Does a person Need at Bbwh Insurors?

At Bbwh Insurors, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Claims management: Claims Management means the process of identifying, controlling and resolving demands by individuals or public entities to recover losses from any Member of the Association.
  5. Business continuity: Developing and executing innovative plans to ensure interoperability of business systems in the event of an emergency.

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Check more jobs information at Bbwh Insurors

Job Title Average Bbwh Insurors Salary Hourly Rate
2 Commercial Lines Customer Service Representative $30,001 $14
3 Personal Lines Customer Service Representative $30,001 $14
4 Account Manager $63,033 $30
5 Manager, Marketing $92,752 $45
6 Commercial Account Specialist $95,790 $46
7 Commercial Lines Account Manager $63,033 $30

Hourly Pay at Bbwh Insurors

The average hourly pay at Bbwh Insurors for a Risk Management Advisor is $61 per hour. The location, department, and job description all have an impact on the typical compensation for Bbwh Insurors positions. The pay range and total remuneration for the job title are shown in the table below. Bbwh Insurors may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $125,966 look to you?

FAQ about Salary and Jobs at Bbwh Insurors

1. How much does Bbwh Insurors pay per hour?
The average hourly pay is $61. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bbwh Insurors?
According to the data, the highest approximate salary is about $141,637 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bbwh Insurors?
According to the data, the lowest estimated salary is about $112,241 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.