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Safety and Risk Manager, Insurance Salary

With roughly three-fifths of Insurance Safety and Risk Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $42K to $113K per year and averages out to $69K annually. In the world of Insurance Safety and Risk Managers, overall cash allowance can occasionally include more than $16K from bonuses and, in some exceptional cases, $6K from profit sharing, causing incomes to vary widely between $42K and $113K. Job satisfaction for Insurance Safety and Risk Managers is high. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Women make up a slight majority of Insurance Safety and Risk Managers (52 percent) survey respondents. Respondents to the PayScale salary survey provided the data for this report.
$45,924 - $98,975
(Median)
46K
56K
69K
84K
99K
MEDIAN: $69,070
10%
25%
50%
75%
90%

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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.
)
$0$50K$100K$150K
Salary
$45,924 - $98,975  
   
Bonus
$0.00 - $15,524  
Profit Sharing
$153.19 - $6,148  
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).
)
$42,049 - $112,698  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 137
United States (change)

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


Insurance Safety and Risk Managers usually report a few specific 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. The majority of those 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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. The average worker who claims fewer than five years of experience earns around $52K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $70K. Insurance Safety and Risk Managers see a median salary of $78K after reaching one to two decades on the job. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $88K.

Related Job Salaries

Experience Affects Safety and Risk Manager, Insurance Salaries

Late-Career
up arrow 25%


National Average
$71,000

Mid-Career
up arrow 2%


Skills That Affect Safety and Risk Manager, Insurance Salaries

National Average
$71,000

Microsoft Word
up arrow 5%

Microsoft Excel
up arrow 5%

Windows Operating System General Use
up arrow 7%

Microsoft Office
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
1%
1-4 years
21%
5-9 years
18%
10-19 years
36%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 80%
vision benefits Vision: 58% employee benefits None: 7%