How much does an Insurance Risk Supervisor make in Massachusetts? The average Insurance Risk Supervisor salary in Massachusetts is $117,877 as of May 28, 2024, but the range typically falls between $104,706 and $137,924. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Insurance Risk Supervisor Salary | $92,715 | MA | May 28, 2024 |
25th Percentile Insurance Risk Supervisor Salary | $104,706 | MA | May 28, 2024 |
50th Percentile Insurance Risk Supervisor Salary | $117,877 | MA | May 28, 2024 |
75th Percentile Insurance Risk Supervisor Salary | $137,924 | MA | May 28, 2024 |
90th Percentile Insurance Risk Supervisor Salary | $156,176 | MA | May 28, 2024 |
What Should I Pay?
Insurance Risk Supervisor supervises the analysis of insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals, and financial reporting. Being an Insurance Risk Supervisor identifies and classifies risk exposures to provide optimum coverage, costs, and claim settlements. Conducts regular policy reviews and research. Additionally, Insurance Risk Supervisor compiles loss trends and reviews actuarial estimations to make recommendations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Assists with policy renewals and applications. May assist with administering self-insured plans. Requires a bachelor's degree. Typically reports to a manager. The Insurance Risk Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be an Insurance Risk Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Attleboro, MA | Avg. Salary $113,652 | Date Updated May 28, 2024 |
Location Barnstable, MA | Avg. Salary $114,844 | Date Updated May 28, 2024 |
Location Fitchburg, MA | Avg. Salary $115,494 | Date Updated May 28, 2024 |
Location Hyannis, MA | Avg. Salary $114,410 | Date Updated May 28, 2024 |
Location Leominster, MA | Avg. Salary $114,085 | Date Updated May 28, 2024 |
Location Malden, MA | Avg. Salary $121,453 | Date Updated May 28, 2024 |
Location Methuen, MA | Avg. Salary $115,710 | Date Updated May 28, 2024 |
Location Newton, MA | Avg. Salary $121,453 | Date Updated May 28, 2024 |
Location Revere, MA | Avg. Salary $121,453 | Date Updated May 28, 2024 |
Location Weymouth, MA | Avg. Salary $118,311 | Date Updated May 28, 2024 |
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 Supervisor, the first career path typically progresses to E-commerce Risk Director.
The second career path typically starts with an Insurance Risk Manager position, and then progresses to Insurance Risk Senior Manager.
The third career path typically starts with a Risk Manager position, and then progresses to Senior Risk Manager.
Additionally, the fourth career path typically progresses to Workers' Compensation Claims Manager.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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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 |
Job Title Insurance Risk Analyst V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Insurance Risk Supervisor salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Insurance Risk Supervisor salary varies from category to category. Click below to see Insurance Risk Supervisor salary in different categories.
About Massachusetts Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an are....More
Skills associated with Insurance Risk Supervisor: Governance, Risk & Compliance Software, Coverage Evaluation, Claim Settlement Policies, Data Analytics ...More