How much does a VP of Insurance Risk make in Albion, WA? The average VP of Insurance Risk salary in Albion, WA is $231,532 as of April 24, 2024, but the range typically falls between $199,704 and $272,957. 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. 

VP of Insurance Risk Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile VP of Insurance Risk Salary $170,726 Albion,WA April 24, 2024
25th Percentile VP of Insurance Risk Salary $199,704 Albion,WA April 24, 2024
50th Percentile VP of Insurance Risk Salary $231,532 Albion,WA April 24, 2024
75th Percentile VP of Insurance Risk Salary $272,957 Albion,WA April 24, 2024
90th Percentile VP of Insurance Risk Salary $310,672 Albion,WA April 24, 2024
25% $199,704 10% $170,726 90% $310,672 75% $272,957 $231,532 50%(Median) Didn’t find job title? Click
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Job Description for VP of Insurance Risk

VP of Insurance Risk provides leadership, innovation, and oversight over an organization's overall insurance program. Responsible for planning and directing the design, development, and implementation of an insurance program that manages risk and minimizes costs. Being a VP of Insurance Risk develops strategic objectives and policies to ensure effective insurance coverage for the organization. Defines and prioritizes team needs and leads the overall insurance strategy. Additionally, VP of Insurance Risk approves policy renewals and applications. Requires a bachelor's degree. Typically reports to top management. The VP of Insurance Risk manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a VP of Insurance Risk typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Career Path for VP of Insurance Risk

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 VP of Insurance Risk, the first career path typically progresses to Chief Risk Officer.

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VP of Insurance Risk salary varies from city to city. Compared with national average salary of VP of Insurance Risk, the highest VP of Insurance Risk salary is in San Francisco, CA, where the VP of Insurance Risk salary is 25.0% above. The lowest VP of Insurance Risk salary is in Miami, FL, where the VP of Insurance Risk 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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Understand the total compensation opportunity for a VP of Insurance Risk, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
199704
272957
231532

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
223607
364575
285165
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of VP of Insurance Risk in Albion, WA. The base salary for VP of Insurance Risk ranges from $199,704 to $272,957 with the average base salary of $231,532. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $223,607 to $364,575 with the average total cash compensation of $285,165.
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199704
272957

 

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About Albion, Washington    Albion is a town in Whitman County, Washington, United States. The population was 579 at the 2010 census. According to the United States Census Bureau....More

Albion, Washington  area prices were up 2.9% from a year ago    View the Cost of Living in Albion, Washington

VP of Insurance Risk Salary in popular cities: SeattleSpokaneTacoma

Skills associated with VP of Insurance Risk: Insurance Operations, Data Analytics, Risk Control, Insurance Software ...More