Insurance and Risk Management Director Salary in the United States

How much does an Insurance and Risk Management Director make in the United States? The average Insurance and Risk Management Director salary in the United States is $129,370 as of September 26, 2019, but the range typically falls between $104,338 and $162,065. 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.  View the Cost of Living in Major Cities

Skills Associated with Insurance and Risk Management Director: Financial Risk Management Software, Risk Assessment, Insurance Management, Risk Analysis ...More

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Salary estimation for Insurance and Risk Management Director at companies like : AXIM BIOTECHNOLOGIES INC, CEL-SCI CORP, JUNIPER PHARMACEUTICALS INC

Job Description

Insurance and Risk Management Director is the highest insurance and risk management position in the organization, with authority to make decisions on major risk management issues affecting the organization. Accountable for achieving strategic objectives, ensuring effective hazard (typically insurable risks) risk management for the organization and supervising, leading and/or directing key risk stakeholders. Being an Insurance and Risk Management Director this person typically owns the process of identifying, measuring and managing insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help optimize operations. Requires a bachelor's degree. Additionally, Insurance and Risk Management Director demonstrates expertise in a variety of the field's concepts, practices, and procedures. Typically reports to top management. The Insurance and Risk Management 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. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be an Insurance and Risk Management Director typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
104338
162065
129370

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
110339
186448
140605
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance and Risk Management Director in the United States. The base salary for Insurance and Risk Management Director ranges from $104,338 to $162,065 with the average base salary of $129,370. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,339 to $186,448 with the average total cash compensation of $140,605.
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104338
162065

 

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Job Openings for Insurance and Risk Management Director

Career Path for Insurance and Risk Management Director

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Geert R. Kersten , Chief Executive Officer and Treasurer, Director
CEL-SCI Corporation engages in the research and development of immunotherapy for the treatment of cancer and other diseases. The company's lead investigational immunotherapy is Multikine, which is under phase III clinical trial for the treatment of primary head and neck cancer. Its Ligand Epitope Antigen Presentation S... More
Fiscal Year Ended in 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%