Insurance Risk Advisor Salary in Illinois

Insurance Risk Advisor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Risk Advisor Salary $56,404 IL April 01, 2025
25th Percentile Insurance Risk Advisor Salary $62,454 IL April 01, 2025
50th Percentile Insurance Risk Advisor Salary $69,099 IL April 01, 2025
75th Percentile Insurance Risk Advisor Salary $78,297 IL April 01, 2025
90th Percentile Insurance Risk Advisor Salary $86,671 IL April 01, 2025
25% $62,454 10% $56,404 90% $86,671 75% $78,297 $69,099 50%(Median) Didn’t find job title? Click

How much does an Insurance Risk Advisor earn in Illinois

As of April 01, 2025, an Insurance Risk Advisor in Illinois earns an average salary of $69,099 per year.
An Insurance Risk Advisor's salary in Illinois can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $33 an hour or $1,329/week or $5,758/month.
The average salary of an Insurance Risk Advisor ranges from $62,454 to $78,297. The average salary range for an Insurance Risk Advisor varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Illinois is ranked 14th out of 51 states nationwide for Insurance Risk Advisor salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Insurance Risk Advisor jobs, with more online, real-time compensation data than any other website.

What is the Average Insurance Risk Advisor Salary by City in Illinois?

Below is a list of the average salaries for an Insurance Risk Advisor in 10 cities in Illinois. We've identified 109 cities where the typical salary for an Insurance Risk Advisor job is above the average in Illinois. The top-paid city for Insurance Risk Advisor is Berwyn and the average salary for an Insurance Risk Advisor job is earned $70,055 which is higher than the average in Illinois.
This is followed by Chicago and Cicero in second and third places, which beat the average in Illinois by $956(1.38%) and $956(1.38%) respectively. In fourth place is Elmwood Park with a salary of $70,055, which is higher than the Illinois average salary. Forest Park and Harwood Heights continue the rankings.
Based on the summary of average salaries paid by cities in Illinois, the Insurance Risk Advisor job market in Berwyn is relatively active with a higher salary paid to compare to other cities in Illinois.
Finally, Insurance Risk Advisor jobs pay differently by city, even if they are in Illinois. The cost of living might be a key factor when considering the location and salary of an Insurance Risk Advisor position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Berwyn $70,055 $5,838 $1,347 $34
Chicago $70,055 $5,838 $1,347 $34
Cicero $70,055 $5,838 $1,347 $34
Elmwood Park $70,055 $5,838 $1,347 $34
Forest Park $70,055 $5,838 $1,347 $34
Harwood Heights $70,055 $5,838 $1,347 $34
Hines $70,055 $5,838 $1,347 $34
Lincolnwood $70,055 $5,838 $1,347 $34
Lyons $70,055 $5,838 $1,347 $34
Maywood $70,055 $5,838 $1,347 $34

What Similar Jobs are Paid to Insurance Risk Advisor in Illinois?

There are 11 jobs that we find are related to the Insurance Risk Advisor job category,these similar jobs include Risk Advisor,Insurance Advisor,Insurance Risk Director,VP of Insurance Risk,Insurance Risk Manager,Insurance Risk Supervisor,Risk Management Insurance,Insurance Risk Interviewer,Insurance Risk Analyst,Risk Control Advisor,and Risk Management Advisor.
All of these 11 jobs are paid between $54,722 to $216,766, and the VP of Insurance Risk gets the highest paid with $216,766 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the Insurance Risk Advisor, you could refer to the below list of job salaries based on market prices in Illinois.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Risk Advisor $81,173 $6,764 $1,561 $39
Insurance Advisor $98,229 $8,186 $1,889 $47
Insurance Risk Director $189,452 $15,788 $3,643 $91
VP of Insurance Risk $216,766 $18,064 $4,169 $104
Insurance Risk Manager $132,398 $11,033 $2,546 $64
Insurance Risk Supervisor $108,328 $9,027 $2,083 $52
Risk Management Insurance $74,497 $6,208 $1,433 $36
Insurance Risk Interviewer $54,722 $4,560 $1,052 $26
Insurance Risk Analyst $86,085 $7,174 $1,655 $41
Risk Control Advisor $82,944 $6,912 $1,595 $40
Risk Management Advisor $131,608 $10,967 $2,531 $63