How Much Does an Insurance Risk Manager Make in the United Kingdom? Salary Range, Hourly Rate and More

As of April 22, 2025, the average annual salary for an Insurance Risk Manager in the United Kingdom is £71,767, with an hourly rate of £35, according to Salary.com Global Salary IQ data. The average salary ranges from £63,866 to £82,504, influenced by factors like location, education, experience, and more.

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Global Market Data

25TH £63,866

50TH(Median) £71,767

75TH £82,504

Insurance Risk Manager Salaries by Percentile

Percentile	Salary	Location	Last Updated
25th Percentile Insurance Risk Manager Salary	£63,866	United Kingdom	April 22, 2025
50th Percentile Insurance Risk Manager Salary	£71,767	United Kingdom	April 22, 2025
75th Percentile Insurance Risk Manager Salary	£82,504	United Kingdom	April 22, 2025

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How Much Does an Insurance Risk Manager Make by Hour, Week, Month, and Year?

Last Updated on April 22, 2025

£63,866

Average £71,767/year

£82,504

£5,322

Average £5,981/month

£6,875

£1,228

Average £1,380/week

£1,587

£31

Average £35/hour

£40

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	£82,504	£6,875	£1,587	£40
Average	£71,767	£5,981	£1,380	£35
25th Percentile	£63,866	£5,322	£1,228	£31

Salary.com provides you with accurate and diversified Insurance Risk Manager salary data based on specialized databases to help you get a fairer salary. The average annual pay for an Insurance Risk Manager is about £71,767 a year, this translates to an approximate hourly rate of £35, a monthly salary of about £5,981, and a weekly pay of around £1,380. Click the switch button below to see more details about Insurance Risk Manager hourly pay, weekly pay, monthly pay, and so on.

How Much Do Insurance Risk Managers Earn at Different Levels in 2025?

An Insurance Risk Manager's salary varies significantly based on experience level. Entry typically earn £65,635 - £70,352, while Intermediate make £65,989 - £70,588, Senior earn £67,286 - £71,767, Specialist earn £68,819 - £73,690, Expert can reach £70,942 - £76,575 or more, depending on the company and location.

Levels	Salary
Entry Level Insurance Risk Manager	£68,819
Intermediate Level Insurance Risk Manager	£69,173
Senior Level Insurance Risk Manager	£70,352
Specialist Level Insurance Risk Manager	£71,767
Expert Level Insurance Risk Manager	£74,491

Entry Level	4%
Intermediate Level	4%
Senior Level	2%
Specialist Level	0%
Expert Level	4%

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Last Updated on April 22, 2025

What are the Highest Paying Cities in the United Kingdom for Insurance Risk Manager?

The top 3 highest-paying cities in the United Kingdom for Insurance Risk Manager are London, Brighton and Hove, and Manchester. In London, the average salary is £77,508 per year, while Brighton and Hove offers £72,300, and Manchester pays around £68,792 annually.

Which Job Pays More: Risk Manager or Insurance Risk Manager?

As of April 22, 2025 , an Risk Manager makes less than an Insurance Risk Manager. An Risk Manager earns an average annual salary of £67,811. And an Insurance Risk Manager earns an average annual salary of £71,767.

Job Title	Salary Range in GBP
Risk Manager	£50,682 £80,614
Operational Risk Manager	£48,105 £76,515
Risk Management Analyst I - Healthcare	£39,264 £50,917
Senior Risk Manager	£50,041 £79,594
Risk Management Director	£83,384 £120,361

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