Insurance Risk Director Salary in Los Angeles, California

How much does an Insurance Risk Director make in Los Angeles, CA? The average Insurance Risk Director salary in Los Angeles, CA is $191,648 as of May 25, 2023, but the range typically falls between $168,898 and $222,724. 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. 

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Job Description

Directs the development and optimization of an organization's overall insurance program to manage and minimize risk and costs. Defines strategic objectives and policies to ensure effective insurance coverage for the organization and to develop risk financing budgeting. Implements processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiate policy pricing and terms with vendors. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2023 Salary.com)

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Average Base Salary

Core compensation

 
 
 
168898
222724
191648

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
185595
262764
217396
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Director in Los Angeles, CA. The base salary for Insurance Risk Director ranges from $168,898 to $222,724 with the average base salary of $191,648. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $185,595 to $262,764 with the average total cash compensation of $217,396.
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168898
222724

 

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Career Path for this job

  1. Down a level:

    Insurance Risk Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Insurance Risk Director


    Bachelor's Degree

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Job Openings for Insurance Risk Director in Los Angeles, CA