Safety and Risk Manager, Insurance Salary
Insurance Safety and Risk Managers in the United States tend to have a good amount of experience under their belt — slightly less than three-fifths have more than 10 years in the field. While pay runs from $49K to $114K per year, median earnings come to $78K annually. Women Insurance Safety and Risk Managers who took the survey just slightly outnumber men. Men working as Insurance Safety and Risk Managers who took the survey just slightly outnumber women at 50 percent. The majority of Insurance Safety and Risk Managers claim high levels of job satisfaction. Most report receiving medical coverage from their employers and a large number collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
|Salary||$50,254 - $105,701|
|Bonus||$1,007 - $27,812|
|Total Pay (||$49,197 - $114,461|
Job Description for Safety and Risk Manager, Insurance
- Design, develop, and manage insurance programs relating to property, builder's risk, and general, excess, or contractor's liability.
- Conduct research and analysis to prepare and report on risk management strategies, direct training sessions, or make presentations.
- Develop and maintain the department's insurance and risk management procedures and policies.
Common Career Paths for Safety and Risk Manager, Insurance
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Popular Skills for Safety and Risk Manager, Insurance
Survey results suggest that Insurance Safety and Risk Managers use a fairly large toolkit of professional skills. Most notably, skills in Risk Management / Risk Control, Microsoft Excel, Microsoft Word, and Microsoft Office are correlated to pay that is above average, with boosts between 5 percent and 18 percent. Skills that are correlated to lower pay, on the other hand, include Windows Operating System General Use. Most people familiar with Microsoft Excel also know Microsoft Office.
Pay by Experience Level for Safety and Risk Manager, Insurance
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Insurance Safety and Risk Managers, more experience generally translates to higher pay. Although individuals who have less than five years' experience earn $57K on average, people with five to 10 years benefit from a notably larger average of $78K. Insurance Safety and Risk Managers bring in $88K after working for 10 to 20 years. Insurance Safety and Risk Managers who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $101K.
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Key Stats for Safety and Risk Manager, Insurance
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