Insurance Risk Manager Salary in Maine

How much does an Insurance Risk Manager make in Maine? The average Insurance Risk Manager salary in Maine is $111,923 as of February 26, 2020, but the range typically falls between $94,525 and $130,726. 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 Maine

About Maine    To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is ....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 Abbot, ME Avg. Salary $106,932 Date Updated February 26, 2020
Location Acton, ME Avg. Salary $119,810 Date Updated February 26, 2020
Location Addison, ME Avg. Salary $106,932 Date Updated February 26, 2020
Location Albion, ME Avg. Salary $106,932 Date Updated February 26, 2020
Location Alfred, ME Avg. Salary $119,005 Date Updated February 26, 2020
Location Alna, ME Avg. Salary $117,201 Date Updated February 26, 2020
Location Andover, ME Avg. Salary $117,201 Date Updated February 26, 2020
Location Anson, ME Avg. Salary $106,932 Date Updated February 26, 2020
Location Ashland, ME Avg. Salary $106,932 Date Updated February 26, 2020
Location Athens, ME Avg. Salary $106,932 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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