Insurance Risk Manager Salary in District of Columbia

How much does an Insurance Risk Manager make in District of Columbia? The average Insurance Risk Manager salary in District of Columbia is $130,927 as of February 26, 2020, but the range typically falls between $110,576 and $152,923. 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 District of Columbia

About District of Columbia    Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....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 Naval Anacost Annex, DC Avg. Salary $130,927 Date Updated February 26, 2020
Location Parcel Return Service, DC Avg. Salary $130,927 Date Updated February 26, 2020
Location Washington, DC Avg. Salary $130,927 Date Updated February 26, 2020
Location Washington Navy Yard, DC Avg. Salary $130,927 Date Updated February 26, 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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