Insurance Risk Manager Salary in Indiana

How much does an Insurance Risk Manager make in Indiana? The average Insurance Risk Manager salary in Indiana is $112,595 as of August 27, 2020, but the range typically falls between $95,093 and $131,515. 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 Indiana

About Indiana    Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area a....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 Advance, IN Avg. Salary $115,201 Date Updated August 27, 2020
Location Akron, IN Avg. Salary $111,726 Date Updated August 27, 2020
Location Alamo, IN Avg. Salary $109,121 Date Updated August 27, 2020
Location Albany, IN Avg. Salary $110,066 Date Updated August 27, 2020
Location Albion, IN Avg. Salary $111,455 Date Updated August 27, 2020
Location Alexandria, IN Avg. Salary $110,784 Date Updated August 27, 2020
Location Ambia, IN Avg. Salary $111,671 Date Updated August 27, 2020
Location Amboy, IN Avg. Salary $110,066 Date Updated August 27, 2020
Location Amo, IN Avg. Salary $113,318 Date Updated August 27, 2020
Location Anderson, IN Avg. Salary $110,784 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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