How much does an Insurance Risk Manager make? The average Insurance Risk Manager salary is $72,671 as of October 28, 2020, but the salary range typically falls between $65,940 and $80,068. 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, helps you determine your exact pay target. 

Search Insurance Risk Manager Jobs

How to Become a Risk Manager

Job Openings for Insurance Risk Manager
After Covid McLean, VA US GC From the manager Supplier review in terms of many things including financial health, insurance risk coverages Governance review conflicts of interest, supplier diversity ... - 7 days ago
United Bank - Vienna , VA
Qualifications Company Profile With over 180 years of experience, United Bank is one of the region's premier banks with locations in West Virginia, Virginia, Washington, DC, Maryland, Ohio, and ...
Lensa - 19 days ago
Manager, Technology Controls Validation - Technology Risk Management Technology Risk Management (TRM) is a growing organization focused on providing expert advice, credible challenge, and effective ...
Capital One - 82 days ago
Maintain and update all Risk Management Framework (RMF) and C&A documentation to ensure the relevancy and currency of Navy Red Team assets to include required revisions and updates in eMass
ZipRecruiter - 41 days ago
Trace Systems Inc - Fort Belvoir , VA
Senior Risk Manager* Job Location:Fort Belvoir, VA Security Clearance:Position requires an active, in-scope US Government issued Secret clearance Due to the nature of the work and contract ...
Lensa - 45 days ago
Alcyone Inc - Arlington , VA
US Navy Scheduler Location - Patuxent River MD Schedule and Risk Analyst, Mid We are looking for a ... Inform program management on the likelihood and consequences of known risks. Analyze risks for ...
Monster - 55 days ago

Insurance Risk Manager Salary in Major Cities

This chart shows the salary comparison for Insurance Risk Manager between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Insurance Risk Manager in each city.
Click to see the salary for Insurance Risk Manager in these major U.S. cities.
City Name Average Salary
San Francisco, CA $90,839
Washington, DC $80,898
Miami, FL $70,746
Chicago, IL $77,096
Boston, MA $81,879
New York, NY $87,423
Dallas, TX $72,199
If you'd like know Insurance Risk Manager Salary in other cities, then please select a city in

Average Base Salary

Core compensation


Average Total Cash Compensation

Includes base and annual incentives

What is the average salary for Insurance Risk Manager in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Manager in the United States. The base salary for Insurance Risk Manager ranges from $65,940 to $80,068 with the average base salary of $72,671. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $67,253 to $82,675 with the average total cash compensation of $74,586.
Average Salary Average Salary Range
Base Salary $72,671 $65,940 - $80,068
Bonus $1,914 $1,313 - $2,607
Total Pay $74,586 $67,253 - $82,675
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Insurance Risk Manager, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
Select Relevant job experience
Select person you report to
Select Level of education
Select number of people you manager
Your target salary is ?


What's the difference between Insurance Risk Analyst I and Insurance Risk Manager?
According to our latest salary estimation on October 28, 2020. The average salary of Insurance Risk Manager is $72,671, and the average salary of Insurance Risk Analyst I is $66,680. The average salary of Insurance Risk Analyst I is lower than Insurance Risk Manager. ( 2020-10-28 )
I am an Insurance Risk Manager, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Insurance Risk Manager. an Insurance Risk Manager Salary in New Britain, CT is $78,486 as of October 28, 2020; an Insurance Risk Manager Salary in Barnstable, MA is $76,633 as of October 28, 2020. ( 2020-10-28 )
Why does the salary of an Insurance Risk Manager vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 )
What are the Pay Factors for Insurance Risk Manager?
Salary ranges for an Insurance Risk Manager can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company.'s Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 )

Last Update: October 28, 2020