What are the main factors that influence an Insurance Risk Advisor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Insurance Risk Advisor?

The Healthcare industry offers the highest average compensation for Insurance Risk Advisor roles, with salaries approximately 20% above the market median.

How does experience change An Insurance Risk Advisor's salary?

An Insurance Risk Advisor's salary grows with experience: starting around $59,010 for beginners, reaching about $60,283 at mid-level, and approach $60,520 for experts.

What are the highest paying states for an Insurance Risk Advisor?

Insurance Risk Advisor salary varies significantly by state. The top 3 highest paying states for Insurance Risk Advisor roles are District of Columbia $65,314, California $65,067, Massachusetts $64,199. These tech hubs typically pay 10-15% above the national average.

How much do different types of Insurance Risk Advisor roles make?

Salaries for Insurance Risk Advisor level roles vary by specialization: VP of Insurance Risk: $272,216; Insurance Risk Director: $221,382; Insurance Risk Manager: $130,657; Risk Management Advisor: $124,497; Insurance Risk Supervisor: $107,223.

Insurance Risk Advisor Salary in Colorado

How much does an Insurance Risk Advisor make in Colorado? As of September 01, 2026, the average salary for an Insurance Risk Advisor in Colorado is $60,188 per year, which breaks down to an hourly rate of $29.

However, an Insurance Risk Advisor's salary can vary significantly. Here's a look at the typical salary range:

Top Earners (90th percentile): $66,711
Majority Range (25th-75th percentile): $54,897 to $63,603
Entry-Level (10th percentile): $50,080

10% $50,080

50% (Median) $60,188

90% $66,711

Insurance Risk Advisor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$63,603	$5,300	$1,223	$31
Average	$60,188	$5,016	$1,157	$29
25th Percentile	$54,897	$4,575	$1,056	$26

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

For HR & Compensation Team

What should I pay?

See how Salary.com helps teams price roles more accurately.

Benchmark Insurance Risk Advisor with confidence

Get deeper market data to support decisions.

Work Email

Phone No.

Choose a perfect time to talk with a compensation expert.

Book a Demo

Check out Insurance Risk Advisor Job Openings in Colorado

Insurance Risk Advisor

Abbie Davis Tanner Agency, Inc. – Denver, CO

Commercial Risk Advisor

Leavitt Group – Englewood, CO

Commercial Risk Advisor

Leavitt Group – Alamosa, CO

Risk Advisor Manufacturing Practice

flood and peterson insurance – Englewood, CO

Key Factors That Influence Insurance Risk Advisor Salaries

An Insurance Risk Advisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Risk Advisor Salaries?

Experience is a primary driver of an Insurance Risk Advisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $59,010
Early Career (1-2 years): $59,572
Mid-Level (2-4 years): $60,283
Senior-Level (5-8 years): $60,425
Expert (over 8 years): $60,520

Job Role	Years of Experience	Average Salary
Entry Level Insurance Risk Advisor	less than 1 year	$59,010
Early Career Level Insurance Risk Advisor	1-2 years	$59,572
Mid-Level Level Insurance Risk Advisor	2-4 years	$60,283
Senior-Level Level Insurance Risk Advisor	5-8 years	$60,425
Expert Level Insurance Risk Advisor	over 8 years	$60,520

How Do Insurance Risk Advisor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Risk Advisors. For example, consider the average annual salaries in these key locations:

District of Columbia: $65,314.
California: $65,067.
Massachusetts: $64,199.

District of Columbia $65,314 California $65,067 Massachusetts $64,199 Washington $63,964 New Jersey $63,940 Alaska $63,857 Connecticut $63,043 New York $62,713

Hawaii $61,657 Rhode Island $61,161 Maryland $60,825 Minnesota $60,365 Colorado $60,188 Illinois $60,129 Oregon $59,905 Delaware $59,740

New Hampshire $59,636 Virginia $59,404 Pennsylvania $58,725 Nevada $58,383 North Dakota $58,271 Michigan $58,094 Wisconsin $58,029 Vermont $57,899

Texas $57,539 Maine $57,516 Arizona $57,480 Ohio $57,439 Georgia $56,896 Indiana $56,625 Wyoming $56,572 Utah $56,489

Iowa $56,454 Kansas $56,171 Louisiana $56,088 North Carolina $56,059 Missouri $56,047 Florida $55,817 Montana $55,693 Nebraska $55,575

Kentucky $55,510 South Carolina $55,274 Tennessee $55,127 Idaho $55,068 New Mexico $54,637 Oklahoma $54,543 Alabama $54,195 South Dakota $53,611

Arkansas $53,292 West Virginia $53,121 Mississippi $52,608

Top Paying Cities for Insurance Risk Advisor

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Glen Haven: $59,009
Hygiene: $61,061
Johnstown: $59,141

Glen Haven, CO $59,009

Hygiene, CO $61,061

Johnstown, CO $59,141

Laporte, CO $58,486

Livermore, CO $58,296

Loveland, CO $58,956

Lyons, CO $60,953

Masonville, CO $58,523

Mead, CO $59,813

Milliken, CO $59,059

Niwot, CO $61,540

Red Feather Lakes, CO $58,456

Severance, CO $58,569

Timnath, CO $58,494

Wellington, CO $58,167

Windsor, CO $58,578

Brighton, CO $60,030

Ault, CO $58,467

Briggsdale, CO $58,483

Carr, CO $57,477

Eastlake, CO $60,186

Eaton, CO $58,651

Evans, CO $58,950

Fort Lupton, CO $59,859

Galeton, CO $58,657

Gilcrest, CO $59,272

Gill, CO $58,753

Greeley, CO $58,805

Henderson, CO $60,123

Hudson, CO $59,662

Keenesburg, CO $59,374

Kersey, CO $58,761

La Salle, CO $59,170

Lucerne, CO $58,742

Nunn, CO $58,281

Orchard, CO $58,476

Pierce, CO $58,504

Ohio City, CO $59,106

Parlin, CO $58,828

Penrose, CO $58,314

Pitkin, CO $59,032

Poncha Springs, CO $58,633

Powderhorn, CO $58,705

Rockvale, CO $58,049

Sargents, CO $58,533

Twin Lakes, CO $60,467

Westcliffe, CO $58,082

Wetmore, CO $57,708

Durango, CO $58,870

Cahone, CO $58,725

Cortez, CO $58,680

Dolores, CO $58,820

Dove Creek, CO $58,666

Egnar, CO $58,699

Hesperus, CO $58,355

Lewis, CO $58,828

Mancos, CO $58,679

Marvel, CO $58,354

Mesa Verde National Park, CO $58,375

Pleasant View, CO $58,556

Rico, CO $58,834

Towaoc, CO $58,435

Yellow Jacket, CO $58,758

Montrose, CO $59,054

Austin, CO $59,131

Bedrock, CO $58,684

Cedaredge, CO $59,191

Cory, CO $59,117

Crawford, CO $58,949

Delta, CO $59,053

Eckert, CO $59,146

Hotchkiss, CO $59,109

Lazear, CO $59,065

Naturita, CO $58,803

Norwood, CO $58,826

Nucla, CO $58,893

Olathe, CO $58,988

Ophir, CO $58,890

Ouray, CO $58,880

Paonia, CO $59,381

Paradox, CO $58,716

Placerville, CO $58,835

Redvale, CO $58,854

Ridgway, CO $58,872

Silverton, CO $58,773

Somerset, CO $59,560

Telluride, CO $58,901

Grand Junction, CO $59,418

Platteville, CO $59,404

Roggen, CO $58,791

Weldona, CO $58,337

Wiggins, CO $58,649

Fort Morgan, CO $58,361

Log Lane Village, CO $58,552

Akron, CO $57,938

Amherst, CO $57,752

Atwood, CO $58,141

Brush, CO $58,136

Crook, CO $57,975

Eckley, CO $57,793

Fleming, CO $58,086

Grover, CO $58,040

Haxtun, CO $58,074

Hereford, CO $57,670

Hillrose, CO $58,194

Holyoke, CO $57,899

Idalia, CO $57,608

Iliff, CO $58,128

Julesburg, CO $57,893

Lindon, CO $57,689

Merino, CO $58,191

New Raymer, CO $58,178

Otis, CO $57,990

Ovid, CO $57,913

Padroni, CO $57,980

Paoli, CO $58,075

Peetz, CO $57,964

Sedgwick, CO $57,935

Snyder, CO $58,148

Sterling, CO $58,240

Stoneham, CO $58,181

Vernon, CO $57,663

Woodrow, CO $57,810

Wray, CO $57,778

Yuma, CO $57,972

Anton, CO $57,704

Arapahoe, CO $57,249

Arriba, CO $57,457

Bethune, CO $57,542

Burlington, CO $57,488

Calhan, CO $58,398

Cascade, CO $58,878

Cheyenne Wells, CO $57,332

Cope, CO $57,677

Cripple Creek, CO $58,767

Divide, CO $58,798

Flagler, CO $57,516

Florissant, CO $58,751

Fountain, CO $58,392

Genoa, CO $57,496

Green Mountain Falls, CO $58,863

Guffey, CO $58,687

Hugo, CO $57,144

Joes, CO $57,734

Karval, CO $56,812

Kirk, CO $57,686

Kit Carson, CO $57,261

Limon, CO $57,843

Lake George, CO $58,839

Manitou Springs, CO $58,878

Matheson, CO $57,800

Peyton, CO $58,673

Ramah, CO $57,427

Rush, CO $57,564

Seibert, CO $57,492

Simla, CO $58,063

Stratton, CO $57,549

U S A F Academy, CO $58,874

Victor, CO $58,740

Vona, CO $57,525

Wild Horse, CO $57,151

Woodland Park, CO $58,830

Yoder, CO $57,785

Colorado Springs, CO $58,879

Clifton, CO $59,381

Fruita, CO $59,233

Gateway, CO $58,816

Glade Park, CO $59,020

Loma, CO $59,254

Mack, CO $59,097

Palisade, CO $59,273

Whitewater, CO $59,015

Glenwood Springs, CO $59,990

Dinosaur, CO $58,999

Aspen, CO $61,114

Snowmass Village, CO $61,112

Avon, CO $60,563

Basalt, CO $60,920

Carbondale, CO $60,693

Collbran, CO $59,215

Craig, CO $59,650

De Beque, CO $59,208

Eagle, CO $60,316

Edwards, CO $60,445

Parachute, CO $59,516

Battlement Mesa, CO $59,461

Gypsum, CO $60,015

Hamilton, CO $59,904

Hayden, CO $59,734

Maybell, CO $59,073

Meeker, CO $59,909

Meredith, CO $60,720

Mesa, CO $59,186

Minturn, CO $60,379

Molina, CO $59,150

New Castle, CO $59,783

Rangely, CO $59,240

Red Cliff, CO $60,371

Rifle, CO $59,635

Silt, CO $59,611

Slater, CO $59,366

Snowmass, CO $60,989

Wolcott, CO $60,352

Woody Creek, CO $61,110

Vail, CO $60,638

Pueblo, CO $57,091

Colorado City, CO $57,482

Aguilar, CO $57,732

Arlington, CO $56,716

Avondale, CO $57,244

Beulah, CO $57,485

Boncarbo, CO $57,761

Boone, CO $57,429

Branson, CO $57,288

Campo, CO $57,076

Cheraw, CO $57,185

Crowley, CO $57,308

Eads, CO $57,226

Fort Lyon, CO $57,163

Fowler, CO $57,327

Gardner, CO $57,888

Granada, CO $57,355

Hartman, CO $57,465

Hasty, CO $57,289

Haswell, CO $56,950

Hoehne, CO $57,667

Holly, CO $57,283

Kim, CO $57,229

La Junta, CO $57,266

Lamar, CO $57,441

Las Animas, CO $57,234

La Veta, CO $57,989

Mc Clave, CO $57,298

Manzanola, CO $57,222

Model, CO $57,309

Olney Springs, CO $57,124

Ordway, CO $56,840

Pritchett, CO $57,232

Rocky Ford, CO $57,139

Rye, CO $57,570

Sheridan Lake, CO $57,249

Springfield, CO $57,349

Sugar City, CO $56,688

Swink, CO $57,209

Trinchera, CO $57,420

Trinidad, CO $57,669

Two Buttes, CO $57,347

Vilas, CO $57,338

Walsenburg, CO $57,683

Walsh, CO $57,278

Weston, CO $57,870

Wiley, CO $57,245

Alamosa, CO $58,430

Antonito, CO $58,392

Arboles, CO $58,510

Arvada, CO $60,189

Aurora, CO $60,147

Bayfield, CO $58,675

Broomfield, CO $60,453

Commerce City, CO $60,047

Dupont, CO $60,162

Eldorado Springs, CO $61,594

Lafayette, CO $61,048

Louisville, CO $61,124

Westminster, CO $60,161

Wheat Ridge, CO $60,158

Agate, CO $58,027

Bennett, CO $59,535

Byers, CO $58,824

Castle Rock, CO $59,085

Deer Trail, CO $58,436

Elbert, CO $58,712

Elizabeth, CO $59,207

Englewood, CO $60,147

Franktown, CO $59,046

Kiowa, CO $58,781

Larkspur, CO $58,893

Littleton, CO $60,088

Lone Tree, CO $59,929

Louviers, CO $59,846

Monument, CO $58,835

Palmer Lake, CO $58,841

Parker, CO $59,710

Sedalia, CO $59,115

Strasburg, CO $59,346

Watkins, CO $59,791

Denver, CO $60,141

Thornton, CO $60,188

Boulder, CO $61,892

Golden, CO $60,153

Alma, CO $59,815

Bailey, CO $59,679

Black Hawk, CO $60,754

Bond, CO $60,346

Breckenridge, CO $59,943

Buffalo Creek, CO $59,473

Burns, CO $59,958

Central City, CO $60,413

Clark, CO $59,390

Climax, CO $60,012

Coalmont, CO $59,287

Como, CO $59,085

Conifer, CO $59,834

Cowdrey, CO $59,048

Dillon, CO $59,907

Dumont, CO $60,198

Evergreen, CO $60,049

Empire, CO $59,923

Fairplay, CO $59,140

Fraser, CO $59,990

Frisco, CO $60,277

Georgetown, CO $59,878

Granby, CO $59,831

Grand Lake, CO $59,798

Grant, CO $59,372

Hartsel, CO $58,825

Hot Sulphur Springs, CO $59,750

Idaho Springs, CO $60,095

Idledale, CO $60,091

Indian Hills, CO $60,061

Jamestown, CO $61,792

Jefferson, CO $59,248

Kittredge, CO $60,067

Kremmling, CO $59,744

Leadville, CO $59,939

Mc Coy, CO $59,949

Morrison, CO $60,048

Nederland, CO $61,230

Oak Creek, CO $59,842

Parshall, CO $60,099

Phippsburg, CO $59,901

Pine, CO $59,545

Pinecliffe, CO $61,518

Rand, CO $59,291

Rollinsville, CO $60,944

Shawnee, CO $59,530

Silver Plume, CO $59,624

Steamboat Springs, CO $59,730

Tabernash, CO $60,130

Toponas, CO $59,878

Walden, CO $59,203

Ward, CO $61,069

Winter Park, CO $60,208

Yampa, CO $59,960

Silverthorne, CO $60,225

Longmont, CO $60,822

Allenspark, CO $60,546

Estes Park, CO $59,637

Bellvue, CO $58,874

Berthoud, CO $59,595

Dacono, CO $60,290

Drake, CO $58,895

Erie, CO $60,560

Firestone, CO $60,140

Fort Collins, CO $58,454

Frederick, CO $60,143

Blanca, CO $58,223

Capulin, CO $58,522

Center, CO $58,474

Chama, CO $58,023

Chimney Rock, CO $58,535

Chromo, CO $58,142

Conejos, CO $58,356

Creede, CO $58,663

Crestone, CO $58,250

Del Norte, CO $58,535

Fort Garland, CO $58,092

San Luis, CO $57,856

Homelake, CO $58,480

Hooper, CO $58,286

Ignacio, CO $58,423

Jaroso, CO $57,983

La Jara, CO $58,450

Manassa, CO $58,391

Moffat, CO $58,326

Monte Vista, CO $58,515

Mosca, CO $58,213

Pagosa Springs, CO $58,530

Romeo, CO $58,563

Saguache, CO $58,528

Sanford, CO $58,235

San Pablo, CO $57,936

South Fork, CO $58,594

Villa Grove, CO $58,405

Salida, CO $58,634

Almont, CO $60,144

Buena Vista, CO $60,052

Canon City, CO $58,373

Cimarron, CO $58,767

Coal Creek, CO $58,027

Coaldale, CO $58,491

Cotopaxi, CO $58,327

Crested Butte, CO $60,460

Florence, CO $57,935

Monarch, CO $58,757

Granite, CO $59,639

Gunnison, CO $58,812

Hillside, CO $58,305

Howard, CO $58,597

Lake City, CO $58,763

Nathrop, CO $58,811

Insurance Risk Advisor Salary by Industry: Top Paying Sectors

For Insurance Risk Advisor roles, the industry you choose can affect earning potential by as much as 42% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Insurance Risk Advisor positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Insurance Risk Advisor as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Risk Advisor

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Healthcare	$72,226	$35.0	20%
Financial Services	$69,216	$33.0	15%
Internet	$69,216	$33.0	15%
Aerospace & Defense	$66,809	$32.0	11%
Energy & Utilities	$66,207	$32.0	10%

Insurance Risk Advisor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Risk Advisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$54,897

Average $60,188/year

$63,603

$4,575

Average $5,016/month

$5,300

$1,056

Average $1,157/week

$1,223

$26

Average $29/hour

$31

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$63,603	$5,300	$1,223	$31
Average	$60,188	$5,016	$1,157	$29
25th Percentile	$54,897	$4,575	$1,056	$26

Find Your Next Insurance Risk Advisor Job

Ready to take the next step in your career? Browse thousands of current Insurance Risk Advisor job openings on our job board. Use the search bar below to find your perfect match.

flood and peterson insurance | Englewood, CO

Risk Advisor Agriculture Practice

flood and peterson insurance | Englewood, CO

Join Our Team of Insurance Professionals. Flood and Peterson is seeking a driven and relationship-focused Risk Advisor to join our Agriculture Practice. Th... more

6 Days Ago
CHERRY CREEK INSURANCE AGENCY INC | Englewood, CO

Insurance Advisor

CHERRY CREEK INSURANCE AGENCY INC | Englewood, CO

Job Description. Job Description. JOB TITLE. Insurance Advisor. DEPARTMENT. Sales - Private Client Group . REPORTS TO. President. FLSA STATUS. Exempt. PO... more

4 Days Ago
Senior Benefit Services | Denver, CO

Health Insurance Advisor

Senior Benefit Services | Denver, CO

Job Description. Job Description. Are you looking for a rewarding career with long-term growth potential. Join the Senior Benefit Services team and make a ... more

5 Days Ago
Pogue Region - Modern Woodmen of America | Denver, CO

Insurance Advisor in Training

Pogue Region - Modern Woodmen of America | Denver, CO

Benefits:401(k)401(k) matchingPerformance-based bonusesCompany events and partiesDental insuranceHealth insuranceOpportunities for career advancementStock ... more

6 Days Ago
Alera Group | Fort Collins, CO

Licensed Medicare&amp Health Insurance Sales Advisor

Alera Group | Fort Collins, CO

Licensed Medicare & Health Insurance Sales Advisor. Location: Hybrid / In-Office Fort Collins, CO. Founded in 2017, Alera Group is one of the nation's lead... more

4 Days Ago
Datascan Technologies Llc | GAITHERSBURG, MD

Field Risk Specialist

Datascan Technologies Llc | GAITHERSBURG, MD

About DataScan by Solifi: Headquartered in Alpharetta, Georgia, DataScan stands at the forefront of delivering cutting-edge wholesale asset financing and i... more

6 Days Ago

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Salary Search

Salary Calculator Tools

Know Your Worth

Advance at Work

Explore Career Path

Land Your Next Role

Software + AI

Data

Survey Catalogue

Insurance Risk Advisor Salary in Colorado

Check out Insurance Risk Advisor Job Openings in Colorado

Key Factors That Influence Insurance Risk Advisor Salaries

How Experience Level Affects Insurance Risk Advisor Salaries?

How Do Insurance Risk Advisor Salaries Vary from State to State?

Top Paying Cities for Insurance Risk Advisor

Insurance Risk Advisor Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Risk Advisor

Insurance Risk Advisor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Find Your Next Insurance Risk Advisor Job

For Employees

For Employers

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Insurance Risk Advisor Salary in Colorado

Check out Insurance Risk Advisor Job Openings in Colorado

Key Factors That Influence Insurance Risk Advisor Salaries

How Experience Level Affects Insurance Risk Advisor Salaries?

How Do Insurance Risk Advisor Salaries Vary from State to State?

Top Paying Cities for Insurance Risk Advisor

Insurance Risk Advisor Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Risk Advisor

Insurance Risk Advisor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of jobs related to Insurance Risk Advisor

Find Your Next Insurance Risk Advisor Job

For Employees

For Employers

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?