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Safety and Risk Manager, Insurance Salary

Roughly three in five 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 $44K to $118K per year, but median earnings come to around $70K per year. Total cash compensation to Insurance Safety and Risk Managers approaches anywhere from $44K on the lower end to $118K on the higher end; in exceptional cases, this can include more than $15K from bonuses and upwards of $6K from profit sharing. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 55 percent. Most workers in this position report high levels of job satisfaction.

$45,924 - $103,042
MEDIAN: $69,583

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
$45,924 - $103,042  
$0.00 - $15,423  
Profit Sharing
$151.01 - $6,240  
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).
$43,855 - $117,640  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 127

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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.

Safety and Risk Manager, Insurance Job Listings

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Popular Skills for Safety and Risk Manager, Insurance

Survey takers who work as Insurance Safety and Risk Managers typically report just a few professional 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. At the other end of the pay range are skills like Microsoft Office, Windows Operating System General Use, and Microsoft Word. Most people who know 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.

In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Although individuals who have less than five years' experience earn $52K on average, people with five to 10 years benefit from a notably larger average of $70K. Insurance Safety and Risk Managers with one to two decades of relevant experience report an average salary of approximately $79K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $93K on average.

Related Job Salaries

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Experience Affects Safety and Risk Manager, Insurance Salaries

up arrow 30%

National Average

up arrow 3%

Skills That Affect Safety and Risk Manager, Insurance Salaries

National Average

Microsoft Excel
up arrow 6%

Microsoft Word
up arrow 7%

Windows Operating System General Use
up arrow 8%

Microsoft Office
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.


55 %
45 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 80%
vision benefits Vision: 58% employee benefits None: 6%