Insurance Risk Manager Salary in Connecticut

How much does an Insurance Risk Manager make in Connecticut? The average Insurance Risk Manager salary in Connecticut is $129,989 as of August 27, 2020, but the range typically falls between $109,784 and $151,832. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. View the Cost of Living in Connecticut

About Connecticut    Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. Th....More

Job Description

Manages an organization's overall insurance programs. Analyzes insurance needs by identifying risk exposures and analyzing and classifying risks to provide optimum coverage, costs and claim settlements. Conducts regular policy reviews, research and compile loss trends, review actuarial estimations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Coordinates policy renewals and applications. May administer self- insured plans. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2020 Salary.com)

Select a city to view specific salary and bonus information for Insurance Risk Manager

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Location Avg. Salary Date Updated
Location Abington, CT Avg. Salary $126,314 Date Updated August 27, 2020
Location Amston, CT Avg. Salary $127,857 Date Updated August 27, 2020
Location Andover, CT Avg. Salary $128,347 Date Updated August 27, 2020
Location Ansonia, CT Avg. Salary $129,651 Date Updated August 27, 2020
Location Ashford, CT Avg. Salary $126,391 Date Updated August 27, 2020
Location Avon, CT Avg. Salary $128,586 Date Updated August 27, 2020
Location Ballouville, CT Avg. Salary $126,125 Date Updated August 27, 2020
Location Baltic, CT Avg. Salary $127,808 Date Updated August 27, 2020
Location Bantam, CT Avg. Salary $129,761 Date Updated August 27, 2020
Location Barkhamsted, CT Avg. Salary $128,227 Date Updated August 27, 2020

Career Path for this job

  1. Down a level:

    Insurance Risk Analyst IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Insurance Risk Manager

    5 + years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Risk Director


    Bachelor's Degree

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