As of April 01, 2025, the average annual salary for an Insurance Risk Senior Manager in Wayne, NJ is $205,520. Salary.com reports that pay typically ranges from $187,609 to $221,780, with most professionals earning between $171,303 and $236,584.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $221,780 | $18,482 | $4,265 | $107 |
| Average | $205,520 | $17,127 | $3,952 | $99 |
| 25th Percentile | $187,609 | $15,634 | $3,608 | $90 |
An entry-level Insurance Risk Senior Manager with under 1 year experience makes about $194,560. With less than 2 years of experience, a mid-level Insurance Risk Senior Manager makes around $196,164. After 2-4 years, the Insurance Risk Senior Manager pay rises to about $197,500. Those senior Insurance Risk Senior Manager with 5-8 years of experience earn roughly $200,976, and those Insurance Risk Senior Manager having 8 years or more experience are expected to earn about $209,646 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Risk Senior Manager | $194,560 |
| Intermediate Level Insurance Risk Senior Manager | $196,164 |
| Senior Level Insurance Risk Senior Manager | $197,500 |
| Specialist Level Insurance Risk Senior Manager | $200,976 |
| Expert Level Insurance Risk Senior Manager | $209,646 |
| Entry Level | 8% |
| Mid Level | 9% |
| Senior Level | 10% |
| Top Level | 12% |
| Experienced | 17% |
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