How much does an Insurance Risk Director make in the United States? The average Insurance Risk Director salary in the United States is $162,002 as of July 26, 2022, but the range typically falls between $140,824 and $189,125. 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.
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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 2022 Salary.com)... View full job description
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Insurance Agent | 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 |
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Skills associated with Insurance Risk Director: Governance, Risk & Compliance Software, Risk Assessment, Risk Management, Risk Analysis ...More
Salary estimation for Insurance Risk Director at companies like : AXIM BIOTECHNOLOGIES INC, CEL SCI CORP, MANNATECH INC
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