How much does an Insurance Risk Manager make at companies like FRESH TRACKS THERAPEUTIC INC in the United States? The average salary for Insurance Risk Manager at companies like FRESH TRACKS THERAPEUTIC INC in the United States is $136,800 as of March 26, 2024, but the range typically falls between $117,592 and $160,404. 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. View the Cost of Living in Major Cities
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Insurance Risk Manager manages an organization's overall insurance programs. Analyzes insurance needs by identifying risk exposures and analyzing and classifying risks to provide optimum coverage, costs and claim settlements. Being an Insurance Risk Manager conducts regular policy reviews, research and compile loss trends, review actuarial estimations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Additionally, Insurance Risk Manager coordinates policy renewals and applications. May administer self- insured plans. Requires a bachelor's degree. Typically reports to a director. The Insurance Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Insurance Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
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