As of February 01, 2025, the average annual salary for a VP of Insurance Risk in Kentucky is $220,473. Salary.com reports that pay typically ranges from $190,169 to $259,914, with most professionals earning between $162,579 and $295,823.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $276,210 | $23,018 | $5,312 | $133 |
| Average | $234,297 | $19,525 | $4,506 | $113 |
| 25th Percentile | $202,093 | $16,841 | $3,886 | $97 |
An entry-level VP of Insurance Risk with under 1 year experience makes about $199,810. With less than 2 years of experience, a mid-level VP of Insurance Risk makes around $202,495. After 2-4 years, the VP of Insurance Risk pay rises to about $206,075. Those senior VP of Insurance Risk with 5-8 years of experience earn roughly $211,446, and those VP of Insurance Risk having 8 years or more experience are expected to earn about $218,160 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Insurance Risk | $199,810 |
| Intermediate Level VP of Insurance Risk | $202,495 |
| Senior Level VP of Insurance Risk | $206,075 |
| Specialist Level VP of Insurance Risk | $211,446 |
| Expert Level VP of Insurance Risk | $218,160 |
| Entry Level | 15% |
| Mid Level | 14% |
| Senior Level | 12% |
| Top Level | 10% |
| Experienced | 7% |
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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 | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $292,871 |
25.0%
|
| Washington, DC | $260,772 |
11.3%
|
| Miami, FL | $226,096 |
|
| Chicago, IL | $245,777 |
4.9%
|
| Boston, MA | $262,646 |
12.1%
|
| New York, NY | $273,658 |
16.8%
|
