Insurance Risk Director Salary in Munich, DE
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How much does an Insurance Risk Director make in Munich, DE? The average Insurance Risk Director salary in Munich, DE is €127,318 as of March 23, 2021, but the range typically falls between €111,594 and €182,154. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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What does an Insurance Risk Director do?
Insurance Risk Director
Rennes, FR
Reviewing and processing insurance invoices, including internal and international in-country allocations.
12/30/2020
Insurance Risk Director
Kielce, PL
Assisting VP of Risk with planning, budgeting and variance processes, when needed.
12/24/2020
Insurance Risk Director
Leeds, UK
Assist the UniversityÆs career center in obtaining co-op/internship positions for students who are in the program.
03/03/2021
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Career Path for Insurance Risk Director
About Munich, Germany
Munich lies on the elevated plains of Upper Bavaria, about 50 km (31 mi) north of the northern edge of the Alps, at an altitude of about 520 m (1,706 ft) ASL. The local rivers are the Isar and the Würm.
Munich is situated in the Northern Alpine Foreland. The northern part of this sandy plateau includes a highly fertile flint area which is no longer affected by the folding processes found in the Alps, while the southern part is covered with morainic hills. Between these are fields of fluvio-glacial out-wash, such as around Munich. Wherever these deposits get thinner, the ground water can perme...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Insurance Risk Director Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Rhine-Ruhr, DE |
Compared to national average
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| City, Country Stuttgart, DE |
Compared to national average
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| City, Country Dusseldorf, DE |
Compared to national average
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| City, Country Cologne, DE |
Compared to national average
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| City, Country Bremen/Oldenburg, DE |
Compared to national average
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| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
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Employees with Insurance Risk Director in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).
Similar Jobs to Insurance Risk Director in Munich, DE
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| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Insurance Loss Control Executive | Location Munich, DE |
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| Job Title Insurance Loss Control Manager | Location Munich, DE |
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| Job Title Insurance Risk Manager | Location Munich, DE |
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| Job Title Loss Control/Risk Manager | Location Munich, DE |
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| Job Title Operational Risk Management Director | Location Munich, DE |
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Understand the base salary paid range for an Insurance Risk Director in Munich, DE
Average Base Salary
Core compensation
111594
182154
The chart shows the base salary for Insurance Risk Director in Munich ranges from €111,594 to €182,154 with the average base salary of €127,318. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Insurance Risk Director may get paid difference by industry, location, and factors.
Insurance Risk Director Frequently Asked Questions
Can I expect to receive a higher salary for the position of Insurance Risk Director in Cologne than for the same job in Rhine-Ruhr in the Germany?
On average, an Insurance Risk Director, working in Cologne, Germany, would generally get a higher salary than those working in the city of Rhine-Ruhr. The larger cities in the DE typically provide numerous opportunities for Insurance Risk Director Jobs. Since Munich, Germany is an attractive place to work for many professions, Insurance Risk Director Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 23, 2021
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What is the salary range for an Insurance Risk Director in Munich, Germany? What is the average hourly rate?
The average salary for an Insurance Risk Director in Munich, Germany is €127,318 per year. The salary range for an Insurance Risk Director is between €111,594 and €182,154. While we are seeing hourly wages as high as €88 and as low as €54, the majority of Insurance Risk Directors are currently paid an average of €61 in Munich, Germany. The average salary pay range for an Insurance Risk Director can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Insurance Risk Director in Munich, Germany can differ based on any or all of these varying factors.
March 23, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering an Insurance Risk Director job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that an Insurance Risk Director working in Munich, Germany will receive in exchange for their job. Some common items included in the total compensation of an Insurance Risk Director working in the Munich, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Munich, Germany might also offer long-term incentives such as stock options or stock grants for Insurance Risk Directors. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 23, 2021
salary.com
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Last Update: March 23, 2021