Insurance Risk Manager Salary in Brockton, Massachusetts

How much does an Insurance Risk Manager make in Brockton, MA? The average Insurance Risk Manager salary in Brockton, MA is $129,111 as of June 28, 2020, but the range typically falls between $109,041 and $150,801. 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. 

About Brockton, Massachusetts    According to the United States Census Bureau, the city has a total area of 21.6 square miles (56 km2), of which 21.5 square miles (56 km2) is land an....More

Brockton, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Brockton, Massachusetts

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)

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Average Base Salary

Core compensation

 
 
 
109041
150801
129111

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
115682
169909
142307
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Manager in Brockton, MA. The base salary for Insurance Risk Manager ranges from $109,041 to $150,801 with the average base salary of $129,111. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $115,682 to $169,909 with the average total cash compensation of $142,307.
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109041
150801

 

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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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Job Openings for Insurance Risk Manager in Brockton, MA