Safety and Risk Manager, Insurance Salary

Just under three-fifths of Insurance Safety and Risk Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $42K to $124K per year, but median earnings come to around $71K per year. Most Insurance Safety and Risk Managers like their work and job satisfaction is high. Women Insurance Safety and Risk Managers who took the survey just slightly outnumber men. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to the greater part.

$47,159 - $115,216
(Median)
$47K
$71K
$120K
MEDIAN: $70,923
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$47,159 - $115,216  
   
Bonus
$0.00 - $15,284  
Profit Sharing
$4,880  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,344 - $124,187  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 106
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Job Description for Safety and Risk Manager, Insurance

  • Develop and maintain the department's insurance and risk management procedures and policies.
  • Conduct research and analysis to prepare and report on risk management strategies, direct training sessions, or make presentations.
  • Design, develop, and manage insurance programs relating to property, builder's risk, and general, excess, or contractor's liability.

Common Career Paths for Safety and Risk Manager, Insurance


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Insurance Safety and Risk Managers often transition into upper-level roles like Risk Manager, for which the average compensation is $85K per year.

Safety and Risk Manager, Insurance Job Listings

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Popular Skills for Safety and Risk Manager, Insurance


Insurance Safety and Risk Managers report a focused set of job skills. Most notably, skills in Microsoft Excel, Microsoft Word, Windows Operating System General Use, and Microsoft Office are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Office, Windows Operating System General Use, and Microsoft Word. Most people skilled in Microsoft Excel are similarly competent in 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.


Insurance Safety and Risk Managers who reported more years of relevant experience also reported higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $52K, but folks who have racked up five to 10 years see a notably higher median of $69K. The average pay reported by folks with 10 to 20 years of experience is around $80K. Average wages for folks with more than 20 years of experience come out to around $95K.

Related Job Salaries

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Experience Affects Safety and Risk Manager, Insurance Salaries



National Average
$71,000

Mid-Career
up arrow 3%


Skills That Affect Safety and Risk Manager, Insurance Salaries

National Average
$71,000

Microsoft Excel
up arrow 4%


Windows Operating System General Use
up arrow 7%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
1%
1-4 years
21%
5-9 years
20%
10-19 years
28%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 83%
medical benefits
Vision: 63%
dental benefits
None: 6%
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