Safety and Risk Manager, Insurance Salary

Insurance Safety and Risk Managers who are practiced in their profession and carry more than 10 years of experience make up around three in five of Insurance Safety and Risk Managers. Pay fluctuates from $46K to $120K per year, but expected earnings average $70K annually. In the world of Insurance Safety and Risk Managers, overall income ranges from $46K near the bottom to $120K at the top; this can include more than $15K from bonuses and more than $6K from profit sharing in exceptional cases. Women Insurance Safety and Risk Managers who took the survey just slightly outnumber men. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction for Insurance Safety and Risk Managers is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$47,761 - $108,374
(Median)
$48K
$70K
$110K
MEDIAN: $69,576
10%
50%
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
$47,761 - $108,374  
   
Bonus
$0.00 - $15,351  
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).
)
$45,595 - $119,880  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 114
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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


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 pay less than market rate include Microsoft Office, Windows Operating System General Use, and Microsoft Word. Those proficient in Microsoft Excel are, more often than not, also skilled 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Relatively untried employees who have less than five years' experience make $53K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $69K. For Insurance Safety and Risk Managers, 10 to 20 years of experience on the job amounts to an average salary of $81K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $94K.

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Experience Affects Safety and Risk Manager, Insurance Salaries

Late-Career
up arrow 30%


National Average
$72,000

Mid-Career
up arrow 4%


Skills That Affect Safety and Risk Manager, Insurance Salaries

National Average
$72,000

Microsoft Excel
up arrow 6%

Microsoft Word
up arrow 6%

Windows Operating System General Use
up arrow 8%

Microsoft Office
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
20%
10-19 years
33%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 81%
vision benefits Vision: 59% employee benefits None: 6%
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