VP of Insurance Risk Salary in Roselle, Illinois

VP of Insurance Risk Salary in Roselle, IL

How much does a VP of Insurance Risk make in Roselle, IL? The average VP of Insurance Risk salary in Roselle, IL is $240,016 as of August 27, 2024, but the range typically falls between $207,024 and $282,959. 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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VP of Insurance Risk Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile VP of Insurance Risk Salary $176,986 Roselle,IL August 27, 2024
25th Percentile VP of Insurance Risk Salary $207,024 Roselle,IL August 27, 2024
50th Percentile VP of Insurance Risk Salary $240,016 Roselle,IL August 27, 2024
75th Percentile VP of Insurance Risk Salary $282,959 Roselle,IL August 27, 2024
90th Percentile VP of Insurance Risk Salary $322,056 Roselle,IL August 27, 2024
25% $207,024 10% $176,986 90% $322,056 75% $282,959 $240,016 50%(Median) Didn’t find job title? Click
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Check out VP of Insurance Risk Job Openings in Roselle, Illinois

VP, Risk Policy Officer (Hybrid)

Citigroup, Inc. - Schaumburg, IL

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VP, Business Risk Officer (Hybrid)

Citigroup Inc. - Schaumburg, IL

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Regional Risk Insurance Manager

Expeditors - Bensenville, IL

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Sr. Insurance Risk Analyst

RR Donnelley - Chicago, IL

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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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Salary.com job board provides millions of VP of Insurance Risk information for you to search for. Click on search button below to see VP of Insurance Risk job openings or enter a new job title here.

Job Openings for VP of Insurance Risk in Roselle, IL
  • Citigroup, Inc. - Schaumburg, IL
    The VP, Risk Policy Officer position is within the Cards Collections and Recovery Risk team. As part of this team, the successful candidate will be respons...
    - 1 Day Ago
  • Citigroup Inc. - Schaumburg, IL
    The VP, Business Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by con...
    - 3 Days Ago
  • Expeditors - Bensenville, IL
    Company Description. "We're not in the shipping business. we're in the information business" -Peter Rose, Expeditors Founder. Global supply chain managemen...
    - 3 Days Ago
  • RR Donnelley - Chicago, IL
    Company Description. RRD is a leading global provider of marketing, packaging, print, and supply chain solutions that elevate engagement across the complet...
    - 4 Days Ago
  • EY - Chicago, IL
    EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. At EY, you'll have the ch...
    - 4 Days Ago

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.

VP of Insurance Risk
Chief Risk Officer
Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
ADVANCED OXYGEN TECHNOLOGY
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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VP of Insurance Risk Pay Difference by Location

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%

Take just three simple steps below to generate your own personalized salary report

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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

 
 
 
207024
282959
240016

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
231805
377940
295620
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 Roselle, IL. The base salary for VP of Insurance Risk ranges from $207,024 to $282,959 with the average base salary of $240,016. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $231,805 to $377,940 with the average total cash compensation of $295,620.
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For a real-time salary target, tell us more about your role in the four categories below.

207024
282959

 

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About Roselle, Illinois    Roselle is a suburb of Chicago and is a village located in both DuPage County and Cook in Illinois, United States. Located in the northeastern part of....More

Roselle, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Roselle, Illinois

VP of Insurance Risk Salary in popular cities: Chicago, Aurora, Rockford

Skills associated with VP of Insurance Risk: Strategy Development, Operational Policy Development, Insurance Products, Risk Control ...More