How much does an Insurance Risk Director make in the United States? The average Insurance Risk Director salary in the United States is $146,481 as of May 28, 2020, but the range typically falls between $120,670 and $181,742. 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.
Insurance Risk Director directs the development and optimization of an organization's overall insurance program to manage and minimize risk and costs. Defines strategic objectives and policies to ensure effective insurance coverage for the organization and to develop risk financing budgeting. Being an Insurance Risk Director implements processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiate policy pricing and terms with vendors. Additionally, Insurance Risk Director requires a bachelor's degree. Typically reports to senior management. The 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. To be an 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 2020 Salary.com)... View full job description
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CEL SCI CORP
Fiscal Year Ended in 2019
What does an Insurance Risk Director do?
Insurance Risk Director in Baltimore, MD
Assist the University’s career center in obtaining co-op/internship positions for students who are in the program.
November 05, 2019
Promote the RM&I program to students and the risk management and insurance community in Maryland, as well the promotion for scholarship and partnership sourcing.
December 14, 2019
Assist the UniversityÆs career center in obtaining co-op/internship positions for students who are in the program.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Director in the United States. The base salary for Insurance Risk Director ranges from $120,670 to $181,742 with the average base salary of $146,481. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $129,185 to $212,125 with the average total cash compensation of $166,538.