How much does an Insurance Risk Manager make in the United States? The average Insurance Risk Manager salary in the United States is $121,227 as of March 29, 2021, but the range typically falls between $102,386 and $141,602. 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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25% $102,386 10% $85,232 90% $160,151 75% $141,602 $121,227 50%(Median)
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Check out Insurance Risk Manager jobs in Virginia

Deputy Director of Supervision

National Credit Union Administration - Alexandria, VA

Journeyman Systems Engineer - CBRN/CWMD

Watermark Risk Management International, LLC - Alexandria, VA

Jr. Risk Manager

myGwork - Arlington, VA

Claims Advocate

myGwork - Arlington, VA

Job Description for Insurance Risk Manager

Insurance Risk Manager manages an organization's overall insurance programs. Analyzes insurance needs by identifying risk exposures and analyzing and classifying risks to provide optimum coverage, costs and claim settlements. Being an Insurance Risk Manager conducts regular policy reviews, research and compile loss trends, review actuarial estimations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Additionally, Insurance Risk Manager coordinates policy renewals and applications. May administer self- insured plans. Requires a bachelor's degree. Typically reports to a director. The Insurance Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Insurance Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Insurance Risk Manager
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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 2019
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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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
102386
141602
121227

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
108618
159545
133620
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Manager in the United States. The base salary for Insurance Risk Manager ranges from $102,386 to $141,602 with the average base salary of $121,227. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $108,618 to $159,545 with the average total cash compensation of $133,620.
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102386
141602

 

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Skills associated with Insurance Risk Manager: Insurance Operations, Safety Policies and Procedures, Insurance Products, Insurance Management ...More

Salary estimation for Insurance Risk Manager at companies like : AXIM BIOTECHNOLOGIES INC, CEL-SCI CORP, MANNATECH INC

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