Insurance Risk Advisor Salary in Michigan

Insurance Risk Advisor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Risk Advisor Salary $54,617 MI March 01, 2025
25th Percentile Insurance Risk Advisor Salary $60,474 MI March 01, 2025
50th Percentile Insurance Risk Advisor Salary $66,907 MI March 01, 2025
75th Percentile Insurance Risk Advisor Salary $75,813 MI March 01, 2025
90th Percentile Insurance Risk Advisor Salary $83,921 MI March 01, 2025
25% $60,474 10% $54,617 90% $83,921 75% $75,813 $66,907 50%(Median) Didn’t find job title? Click

How much does an Insurance Risk Advisor earn in Michigan

As of March 01, 2025, an Insurance Risk Advisor in Michigan earns an average salary of $66,907 per year.
An Insurance Risk Advisor's salary in Michigan 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 $32 an hour or $1,287/week or $5,576/month.
The average salary of an Insurance Risk Advisor ranges from $60,474 to $75,813. 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.
Michigan is ranked 23th 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 Michigan?

Below is a list of the average salaries for an Insurance Risk Advisor in 10 cities in Michigan. We've identified 167 cities where the typical salary for an Insurance Risk Advisor job is above the average in Michigan. The top-paid city for Insurance Risk Advisor is Saline and the average salary for an Insurance Risk Advisor job is earned $69,551 which is higher than the average in Michigan.
This is followed by Ypsilanti and Ann Arbor in second and third places, which beat the average in Michigan by $2,644(3.95%) and $2,644(3.95%) respectively. In fourth place is Dexter with a salary of $69,551, which is higher than the Michigan average salary. Salem and Whitmore Lake continue the rankings.
Based on the summary of average salaries paid by cities in Michigan, the Insurance Risk Advisor job market in Saline is relatively active with a higher salary paid to compare to other cities in Michigan.
Finally, Insurance Risk Advisor jobs pay differently by city, even if they are in Michigan. 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
Saline $69,551 $5,796 $1,338 $33
Ypsilanti $69,551 $5,796 $1,338 $33
Ann Arbor $69,551 $5,796 $1,338 $33
Dexter $69,551 $5,796 $1,338 $33
Salem $69,483 $5,790 $1,336 $33
Whitmore Lake $69,483 $5,790 $1,336 $33
Whittaker $69,483 $5,790 $1,336 $33
Willis $69,483 $5,790 $1,336 $33
Bridgewater $69,483 $5,790 $1,336 $33
Milan $69,415 $5,785 $1,335 $33

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

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 $52,830 to $233,742, and the VP of Insurance Risk gets the highest paid with $233,742 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 Michigan.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Risk Advisor $78,374 $6,531 $1,507 $38
Insurance Advisor $94,992 $7,916 $1,827 $46
Insurance Risk Director $207,214 $17,268 $3,985 $100
VP of Insurance Risk $233,742 $19,478 $4,495 $112
Insurance Risk Manager $138,763 $11,564 $2,669 $67
Insurance Risk Supervisor $112,878 $9,407 $2,171 $54
Risk Management Insurance $77,623 $6,469 $1,493 $37
Insurance Risk Interviewer $52,830 $4,402 $1,016 $25
Insurance Risk Analyst $83,116 $6,926 $1,598 $40
Risk Control Advisor $80,316 $6,693 $1,545 $39
Risk Management Advisor $127,152 $10,596 $2,445 $61