Average Insurance Risk Manager Salary

$73,698
Avg. Base Salary (USD)
10%
$50k
MEDIAN
$74k
90%
$148k

The average salary for an Insurance Risk Manager is $73,698 in 2025

Base Salary
$50k - $148k
Bonus
$2k - $99k
Total Pay
$50k - $168k
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How do Insurance Risk Managers Rate Their Jobs?

4.1 out of 5
(13)
Highly Satisfied
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FAQs About Insurance Risk Managers

What is the highest pay for Insurance Risk Managers?

Our data indicates that the highest pay for an Insurance Risk Manager is $148k / year

What is the lowest pay for Insurance Risk Managers?

Our data indicates that the lowest pay for an Insurance Risk Manager is $50k / year

How can Insurance Risk Managers increase their salary?

Increasing your pay as an Insurance Risk Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Risk Manager that oversees more junior Insurance Risk Managers, this experience can increase the likelihood to earn more.