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Safety and Risk Manager, Insurance Salary

With about three in five 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 $46K to $118K per year and averages out to $70K per year. Cash earnings for Insurance Safety and Risk Managers — which occasionally include more than $15K from bonuses and more than $6K from profit sharing — stretch from around $46K to approximately $118K. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 54 percent. Job satisfaction is reported as high by the vast majority of workers. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half.

$47,150 - $103,876
MEDIAN: $69,984

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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.
$47,150 - $103,876  
$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).
$46,002 - $117,983  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 125

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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 note just a narrow range 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 are correlated to lower pay, on the other hand, include Microsoft Office, Windows Operating System General Use, and Microsoft Word. Most people experienced in 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.

Insurance Safety and Risk Managers generally obtain higher compensation for more plentiful past experience. Respondents with less than five years' experience take home $52K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $69K. Insurance Safety and Risk Managers bring in $80K after working for 10 to 20 years. Survey participants who have worked for more than two decades report bringing in $94K on average.

Related Job Salaries

United States (change)

Experience Affects Safety and Risk Manager, Insurance Salaries

up arrow 30%

National Average

up arrow 5%

Skills That Affect Safety and Risk Manager, Insurance Salaries

National Average

Microsoft Excel
up arrow 7%

Microsoft Word
up arrow 7%

Windows Operating System General Use
up arrow 9%

Microsoft Office
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.


54 %
46 %

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%