Insurance Risk Manager Salary in Alton, Virginia

How much does an Insurance Risk Manager make in Alton, VA? The average Insurance Risk Manager salary in Alton, VA is $112,855 as of September 25, 2020, but the range typically falls between $95,310 and $131,818. 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 Alton, Virginia    Alton (also known as Warrens Shop) is an unincorporated community in Halifax County, Virginia, United States.....More

Alton, Virginia  area prices were up 1.2% from a year ago    View the Cost of Living in Alton, Virginia

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

 
 
 
95310
131818
112855

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
101115
148521
124390
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 Alton, VA. The base salary for Insurance Risk Manager ranges from $95,310 to $131,818 with the average base salary of $112,855. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $101,115 to $148,521 with the average total cash compensation of $124,390.
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95310
131818

 

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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 Alton, VA