How much does a Policy Change Director make in Elgin, IL? The average Policy Change Director salary in Elgin, IL is $106,601 as of February 26, 2024, but the range typically falls between $94,488 and $124,355. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Policy Change Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Policy Change Director Salary $83,460 Elgin,IL February 26, 2024
25th Percentile Policy Change Director Salary $94,488 Elgin,IL February 26, 2024
50th Percentile Policy Change Director Salary $106,601 Elgin,IL February 26, 2024
75th Percentile Policy Change Director Salary $124,355 Elgin,IL February 26, 2024
90th Percentile Policy Change Director Salary $140,519 Elgin,IL February 26, 2024
25% $94,488 10% $83,460 90% $140,519 75% $124,355 $106,601 50%(Median) Didn’t find job title? Click
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What skills does a Policy Change Director need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.

Retirement Plans: Retirement Plans involve determining retirement income goals and what's needed to achieve those goals.

Leadership 12.99%
Futures 1.3%
Retirement Plans 0.65%
Others 85.06%

Job Description for Policy Change Director

Policy Change Director manages all aspects of insurance policy changes according to company guidelines. Designs and implements procedures used for expediting policy changes and the calculations used to determine associated costs. Being a Policy Change Director develops, implements, and communicates policies and practices concerning policy changes and related costs. Requires a bachelor's degree. Additionally, Policy Change Director typically reports to top management. The Policy Change Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Policy Change Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Policy Change Director in Elgin, IL
Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Policy Change Director salary varies from city to city. Compared with national average salary of Policy Change Director, the highest Policy Change Director salary is in San Francisco, CA, where the Policy Change Director salary is 25.0% above. The lowest Policy Change Director salary is in Miami, FL, where the Policy Change Director salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
94488
124355
106601

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
106608
142290
118649
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Policy Change Director in Elgin, IL. The base salary for Policy Change Director ranges from $94,488 to $124,355 with the average base salary of $106,601. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $106,608 to $142,290 with the average total cash compensation of $118,649.
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94488
124355

 

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About Elgin, Illinois    Elgin (/ˈɛldʒɪn/ EL-jin) is a city in Cook and Kane counties in the northern part of the U.S. state of Illinois. Located roughly 35 mi (56 km) northw....More

Elgin, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Elgin, Illinois

Policy Change Director Salary in popular cities: ChicagoAuroraRockford

Skills associated with Policy Change Director: Policy Review, Insurance Plan Design, Insurance Regulatory Guidelines, ERISA Compliance ...More

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