Insurance Risk Manager Salary in Delaware

How much does an Insurance Risk Manager make in Delaware? The average Insurance Risk Manager salary in Delaware is $141,086 as of September 25, 2023, but the range typically falls between $121,241 and $165,427. 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 Delaware

About Delaware    Delaware is 96 miles (154 km) long and ranges from 9 miles (14 km) to 35 miles (56 km) across, totaling 1,954 square miles (5,060 km2), making it the ....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 2023 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 Bear, DE Avg. Salary $140,645 Date Updated September 25, 2023
Location Bethany Beach, DE Avg. Salary $142,433 Date Updated September 25, 2023
Location Bethel, DE Avg. Salary $139,539 Date Updated September 25, 2023
Location Bridgeville, DE Avg. Salary $141,892 Date Updated September 25, 2023
Location Camden Wyoming, DE Avg. Salary $141,262 Date Updated September 25, 2023
Location Cheswold, DE Avg. Salary $141,014 Date Updated September 25, 2023
Location Claymont, DE Avg. Salary $140,806 Date Updated September 25, 2023
Location Clayton, DE Avg. Salary $140,836 Date Updated September 25, 2023
Location Dagsboro, DE Avg. Salary $142,433 Date Updated September 25, 2023
Location Delaware City, DE Avg. Salary $140,699 Date Updated September 25, 2023

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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