How much does an Organizational Insurance Risk Director make in the United States? The average Organizational Insurance Risk Director salary in the United States is $175,800 as of March 26, 2024, but the range typically falls between $154,900 and $204,300. 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Organizational Insurance Risk Director Salary | $135,872 | US | March 26, 2024 |
25th Percentile Organizational Insurance Risk Director Salary | $154,900 | US | March 26, 2024 |
50th Percentile Organizational Insurance Risk Director Salary | $175,800 | US | March 26, 2024 |
75th Percentile Organizational Insurance Risk Director Salary | $204,300 | US | March 26, 2024 |
90th Percentile Organizational Insurance Risk Director Salary | $230,248 | US | March 26, 2024 |
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The Organizational Insurance Risk Director defines strategic objectives and policies to ensure effective insurance coverage for the organization and to develop risk financing budgeting. Directs the development and optimization of an organization's overall insurance program to manage and minimize risk and costs. Being a Organizational Insurance Risk Director develops the appropriate mix of insurance coverage for the organization and negotiate policy pricing and terms with vendors. Implements processes that identify risk exposure and classify, measure, and manage insurable risks. In addition, Organizational Insurance Risk Director requires a bachelor's degree. Typically reports to senior management. The Organizational Insurance Risk Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Organizational Insurance Risk Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
5 + years experience
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Insurance Risk Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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