Risk Program Administrators Salary

As of April 2026, the average annual salary for employees at Risk Program Administrators in the United States is $101,799. This translates to an approximate hourly wage of $49. Salaries at Risk Program Administrators typically range from $89,564 to $115,098 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Risk Program Administrators

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Is Risk Program Administrators’s Pay Competitive? Salary Benchmarking Analysis

How does Risk Program Administrators's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Prentiss Insurance Services $100,881
-0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Heartland Health & Wellness Fund $84,764
-16.7%
Normalized for lower cost-of-living zones where Heartland Health & Wellness Fund primarily operates.
LaRocca and Associates Inc $87,527
-14.0%
LaRocca and Associates Inc may offer non-monetary perks in lieu of competitive base salaries.
Buchanan Agency Inc $87,000
-14.5%
Buchanan Agency Inc operates with a leaner overhead structure, impacting base wage offers.
Insurance Industry $123,858
+21.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Risk Program Administrators

Considering a career at Risk Program Administrators? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Overall, it’s a reliable employer with a strong industry standing. The leadership team is forward-thinking, and career advancement is possible. The culture is welcoming, and employees are treated with respect. The compensation package is attractive, including bonuses and health benefits.
The company has a positive and inclusive work culture. A company with standard industry perks. While there aren’t many flashy perks, the job security and steady environment are positives. I’d recommend it to anyone seeking a stable yet progressive career. The hybrid policy allows for flexibility, and management trusts employees to manage their time effectively. Colleagues are respectful, and the o...
I’ve thoroughly enjoyed my time at this insurance company. The leadership team is transparent and communicates company goals clearly. Training and development programs are well-structured, enhancing skills in the insurance field. It’s a good place for those who prefer routine tasks with minimal surprises.

Risk Program Administrators Overview

Website
www.riskprogramadministrators.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
18201 Von Karman Ave Irvine California CA 92612
Revenue
<$5 Million
Phone Number
+1 9493499882
Social Media
About Risk Program Administrators
Risk Program Administrators is committed to providing strategic guidance, industry expertise and custom services to advance public entity risk pools and programs. Our mission is to ensure the vitality of public entity risk pooling and risk management programs by delivering forward-thinking services tailored to each program's specific needs.

What Benefits Does Risk Program Administrators Offer Beyond Salary?

A competitive compensation package is more than just a salary. Risk Program Administrators offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Irvine?

Understanding the cost of living near Irvine is key to truly evaluating a salary offer or your current compensation at Risk Program Administrators.
Irvine's Cost of Living Index is approximately 186.9 (86.9% more expensive than US average; 33.7% more than CA average). Very affluent Orange County city, extremely high housing costs, excellent schools, and high quality of life drive up all expenses. When planning your budget based on a salary from Risk Program Administrators, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,700 - $4,000+ A significant portion of Risk Program Administrators salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $69 (OCTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,329 - $6,699+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Risk Program Administrators

1. What is the typical salary range (low to high) for most roles at Risk Program Administrators?

The typical annual salary range for most roles at Risk Program Administrators is approximately from $89,564 to $115,098. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Risk Program Administrators pay compared to Prentiss Insurance Services?

The average annual salary at Risk Program Administrators is $101,799, or an hourly wage of $49, in comparison to Prentiss Insurance Services which pays $100,881 per year or $49 per hour.

3. Do salaries differ significantly between departments at Risk Program Administrators?

Yes, salaries often differ between departments at Risk Program Administrators due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Risk Program Administrators?

Experience level is a significant factor in determining salary at Risk Program Administrators, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Risk Program Administrators in Irvine is fair given the local cost of living?

To determine if a salary offer from Risk Program Administrators in Irvine is fair, first compare the gross salary to our data for similar roles at Risk Program Administrators and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Irvine" to understand its purchasing power.

6. What factors influence salary increases at Risk Program Administrators?

Salary increases at Risk Program Administrators are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.