As of April 01, 2025, the average annual salary for an Insurance Risk Director in Michigan is $183,040. Salary.com reports that pay typically ranges from $170,677 to $200,782, with most professionals earning between $159,421 and $216,935.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $203,881 | $16,990 | $3,921 | $98 |
| Average | $185,865 | $15,489 | $3,574 | $89 |
| 25th Percentile | $173,311 | $14,443 | $3,333 | $83 |
An entry-level Insurance Risk Director with under 1 year experience makes about $175,474. With less than 2 years of experience, a mid-level Insurance Risk Director makes around $176,581. After 2-4 years, the Insurance Risk Director pay rises to about $178,058. Those senior Insurance Risk Director with 5-8 years of experience earn roughly $180,272, and those Insurance Risk Director having 8 years or more experience are expected to earn about $183,040 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Risk Director | $175,474 |
| Intermediate Level Insurance Risk Director | $176,581 |
| Senior Level Insurance Risk Director | $178,058 |
| Specialist Level Insurance Risk Director | $180,272 |
| Expert Level Insurance Risk Director | $183,040 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 2% |
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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 24.9% above. The lowest Insurance Risk Director salary is in Miami, FL, where the Insurance Risk Director salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $232,127 |
24.9%
|
| Washington, DC | $205,790 |
10.7%
|
| Miami, FL | $178,579 |
|
| Chicago, IL | $192,073 |
3.3%
|
| Boston, MA | $207,295 |
11.5%
|
| New York, NY | $215,399 |
15.9%
|
