How much does an Insurance Risk Director make in Alexander, NC? The average Insurance Risk Director salary in Alexander, NC is $188,918 as of April 24, 2024, but the range typically falls between $163,236 and $223,549. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Risk Director Salary $139,855 Alexander,NC April 24, 2024
25th Percentile Insurance Risk Director Salary $163,236 Alexander,NC April 24, 2024
50th Percentile Insurance Risk Director Salary $188,918 Alexander,NC April 24, 2024
75th Percentile Insurance Risk Director Salary $223,549 Alexander,NC April 24, 2024
90th Percentile Insurance Risk Director Salary $255,079 Alexander,NC April 24, 2024
25% $163,236 10% $139,855 90% $255,079 75% $223,549 $188,918 50%(Median) Didn’t find job title? Click
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Job Description for Insurance Risk Director

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. Being an Insurance Risk Director creates and designs processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiates policy pricing and terms with vendors. Additionally, Insurance Risk Director reviews and approves policy renewals and applications. 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 2024 Salary.com)... View full job description

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Job Openings for Insurance Risk Director in Alexander, NC

Career Path for Insurance Risk Director

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Insurance Risk Director, the first career path typically progresses to VP of Insurance Risk.

Additionally, the second career path typically starts with a Vice President of Risk Management position, and then progresses to Chief Risk Officer.

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Insurance Risk Director salary varies from city to city. Compared with national average salary of Insurance Risk Director, the highest Insurance Risk Director salary is in San Francisco, CA, where the Insurance Risk Director salary is 25.0% above. The lowest Insurance Risk Director salary is in Miami, FL, where the Insurance Risk Director salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
163236
223549
188918

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
185580
283328
226950
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 Alexander, NC. The base salary for Insurance Risk Director ranges from $163,236 to $223,549 with the average base salary of $188,918. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $185,580 to $283,328 with the average total cash compensation of $226,950.
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163236
223549

 

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About Alexander, North Carolina    Alexander is an unincorporated community in Buncombe County, North Carolina, United States. Alexander is located on the French Broad River and North C....More

Alexander, North Carolina  area prices were up 1.5% from a year ago    View the Cost of Living in Alexander, North Carolina

Insurance Risk Director Salary in popular cities: CharlotteRaleighGreensboro

Skills associated with Insurance Risk Director: Financial Risk Management Software, Insurance Products, Insurance Management, Operational Policy Development ...More