Insurance Risk Manager Salary in New Mexico

How much does an Insurance Risk Manager make in New Mexico? The average Insurance Risk Manager salary in New Mexico is $108,624 as of August 27, 2020, but the range typically falls between $91,739 and $126,876. 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 New Mexico

About New Mexico    New Mexico (Spanish: Nuevo México Spanish pronunciation: [ˈnweβo ˈmexiko] (listen), Navajo: Yootó Hahoodzo pronounced [jòːtxó xɑ̀xʷòːtsò]) is a state ....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 Abiquiu, NM Avg. Salary $111,263 Date Updated August 27, 2020
Location Alamogordo, NM Avg. Salary $106,716 Date Updated August 27, 2020
Location Albuquerque, NM Avg. Salary $112,004 Date Updated August 27, 2020
Location Alcalde, NM Avg. Salary $111,263 Date Updated August 27, 2020
Location Algodones, NM Avg. Salary $110,728 Date Updated August 27, 2020
Location Alto, NM Avg. Salary $104,922 Date Updated August 27, 2020
Location Amalia, NM Avg. Salary $111,263 Date Updated August 27, 2020
Location Amistad, NM Avg. Salary $108,750 Date Updated August 27, 2020
Location Angel Fire, NM Avg. Salary $111,263 Date Updated August 27, 2020
Location Animas, NM Avg. Salary $105,556 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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