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 $52,561 for beginners, reaching about $53,695 at mid-level, and approach $53,906 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 South Dakota

How much does an Insurance Risk Advisor make in South Dakota? As of September 01, 2026, the average salary for an Insurance Risk Advisor in South Dakota is $53,611 per year, which breaks down to an hourly rate of $26.

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

Top Earners (90th percentile): $59,421
Majority Range (25th-75th percentile): $48,898 to $56,652
Entry-Level (10th percentile): $44,607

10% $44,607

50% (Median) $53,611

90% $59,421

Insurance Risk Advisor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$56,652	$4,721	$1,089	$27
Average	$53,611	$4,468	$1,031	$26
25th Percentile	$48,898	$4,075	$940	$24

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

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Check out Insurance Risk Advisor Job Openings in South Dakota

Insurance Sales Advisor

Tate Teveldal State Farm – Sioux Falls, SD

Insurance Sales Advisor

Wade Johnson Farmers Insurance – Watertown, SD

Licensed Life and Health Insurance Advisor

MCI Careers – Township of Dakota, SD

Client Advisor

Wade Johnson Farmers Insurance – Brookings, SD

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): $52,561
Early Career (1-2 years): $53,062
Mid-Level (2-4 years): $53,695
Senior-Level (5-8 years): $53,822
Expert (over 8 years): $53,906

Job Role	Years of Experience	Average Salary
Entry Level Insurance Risk Advisor	less than 1 year	$52,561
Early Career Level Insurance Risk Advisor	1-2 years	$53,062
Mid-Level Level Insurance Risk Advisor	2-4 years	$53,695
Senior-Level Level Insurance Risk Advisor	5-8 years	$53,822
Expert Level Insurance Risk Advisor	over 8 years	$53,906

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:

Alcester: $54,169
Aurora: $54,457
Baltic: $53,871

Alcester, SD $54,169

Aurora, SD $54,457

Baltic, SD $53,871

Beresford, SD $54,031

Brandon, SD $53,761

Brookings, SD $54,557

Burbank, SD $53,976

Canistota, SD $54,057

Canton, SD $53,903

Centerville, SD $54,034

Chancellor, SD $53,897

Chester, SD $54,030

Colman, SD $54,206

Colton, SD $53,981

Crooks, SD $53,842

Davis, SD $53,968

Dell Rapids, SD $53,970

Egan, SD $54,115

Elk Point, SD $53,806

Elkton, SD $54,491

Fairview, SD $53,982

Flandreau, SD $54,291

Freeman, SD $54,232

Garretson, SD $53,881

Gayville, SD $54,323

Harrisburg, SD $53,795

Hartford, SD $53,878

Hudson, SD $54,025

Humboldt, SD $53,955

Hurley, SD $54,036

Irene, SD $54,188

Jefferson, SD $53,605

Lennox, SD $53,897

Lesterville, SD $54,283

Lyons, SD $53,892

Madison, SD $54,313

Marion, SD $54,073

Menno, SD $54,254

Mission Hill, SD $54,295

Monroe, SD $54,014

Belle Fourche, SD $54,223

Black Hawk, SD $52,564

Box Elder, SD $52,632

Buffalo, SD $54,124

Buffalo Gap, SD $53,699

Camp Crook, SD $54,176

Caputa, SD $52,886

Custer, SD $53,584

Deadwood, SD $53,253

Edgemont, SD $54,097

Enning, SD $53,675

Fairburn, SD $53,088

Fort Meade, SD $53,083

Hermosa, SD $52,876

Hill City, SD $53,234

Hot Springs, SD $54,056

Howes, SD $53,794

Interior, SD $53,880

Keystone, SD $52,823

Kyle, SD $53,995

Lead, SD $53,741

Ludlow, SD $54,337

Manderson, SD $54,083

Mud Butte, SD $53,827

Nemo, SD $52,897

Newell, SD $53,932

New Underwood, SD $52,889

Nisland, SD $54,051

Oelrichs, SD $53,945

Oglala, SD $54,038

Oral, SD $53,895

Owanka, SD $53,149

Piedmont, SD $52,603

Pine Ridge, SD $54,139

Porcupine, SD $53,976

Pringle, SD $53,750

Quinn, SD $53,802

Redig, SD $53,739

Saint Onge, SD $53,891

Scenic, SD $53,509

Smithwick, SD $53,963

Spearfish, SD $54,134

Sturgis, SD $52,914

Union Center, SD $53,711

Vale, SD $53,542

Wall, SD $53,725

Wasta, SD $53,453

White Owl, SD $53,819

Whitewood, SD $53,664

Wounded Knee, SD $54,086

Leola, SD $54,406

Long Lake, SD $54,489

Mansfield, SD $54,374

Mellette, SD $54,425

Northville, SD $54,366

Onaka, SD $54,155

Orient, SD $54,237

Pierpont, SD $54,421

Redfield, SD $54,509

Rockham, SD $54,301

Roscoe, SD $54,205

Selby, SD $54,111

Seneca, SD $54,121

Stratford, SD $54,428

Tolstoy, SD $54,124

Tulare, SD $54,434

Turton, SD $54,437

Warner, SD $54,491

Westport, SD $54,416

Pierre, SD $49,700

Agar, SD $50,993

Belvidere, SD $53,801

Blunt, SD $49,700

Burke, SD $54,222

Colome, SD $54,156

Dallas, SD $54,140

Draper, SD $52,469

Fort Pierre, SD $49,845

Gregory, SD $54,198

Hamill, SD $54,063

Harrold, SD $49,990

Hayes, SD $53,247

Herrick, SD $54,192

Holabird, SD $51,117

Ideal, SD $54,049

Kadoka, SD $53,863

Kennebec, SD $53,260

Long Valley, SD $53,861

Lower Brule, SD $53,189

Martin, SD $53,991

Midland, SD $53,686

Milesville, SD $53,721

Mission, SD $54,106

Murdo, SD $53,354

Norris, SD $53,945

Okaton, SD $53,808

Okreek, SD $54,076

Onida, SD $50,187

Parmelee, SD $54,041

Philip, SD $53,799

Presho, SD $52,861

Reliance, SD $54,094

Rosebud, SD $54,165

Saint Charles, SD $54,251

Saint Francis, SD $54,061

Tuthill, SD $53,926

Vivian, SD $52,632

Wanblee, SD $53,962

White River, SD $53,937

Winner, SD $54,106

Witten, SD $54,009

Wood, SD $53,931

Mobridge, SD $54,123

Bison, SD $53,988

Bullhead, SD $54,401

Cherry Creek, SD $53,848

Dupree, SD $53,860

Eagle Butte, SD $53,916

Faith, SD $53,843

Glencross, SD $53,889

Glenham, SD $54,142

Herreid, SD $54,349

Isabel, SD $53,878

Keldron, SD $54,139

Lantry, SD $53,941

Lemmon, SD $54,341

Little Eagle, SD $54,393

Lodgepole, SD $54,195

Mc Intosh, SD $54,220

Mc Laughlin, SD $54,172

Meadow, SD $53,864

Morristown, SD $54,275

Mound City, SD $54,252

Pollock, SD $54,456

Prairie City, SD $54,058

Ralph, SD $54,234

Reva, SD $54,061

Ridgeview, SD $53,942

Timber Lake, SD $53,969

Trail City, SD $53,952

Wakpala, SD $54,173

Walker, SD $54,260

Watauga, SD $54,137

Whitehorse, SD $53,999

Rapid City, SD $52,555

Ellsworth Afb, SD $52,555

Allen, SD $53,990

Batesland, SD $54,012

Montrose, SD $54,057

North Sioux City, SD $53,520

Nunda, SD $54,287

Oldham, SD $54,406

Olivet, SD $54,279

Parker, SD $53,985

Ramona, SD $54,310

Renner, SD $53,808

Rowena, SD $53,772

Rutland, SD $54,239

Salem, SD $54,242

Scotland, SD $54,364

Sinai, SD $54,579

Springfield, SD $54,429

Tabor, SD $54,393

Tea, SD $53,838

Trent, SD $54,042

Tyndall, SD $54,378

Utica, SD $54,283

Valley Springs, SD $53,804

Vermillion, SD $54,296

Viborg, SD $54,173

Volga, SD $54,451

Volin, SD $54,234

Wakonda, SD $54,178

Wentworth, SD $54,219

Winfred, SD $54,246

Worthing, SD $53,889

Yankton, SD $54,503

Sioux Falls, SD $53,758

Vienna, SD $54,549

Wallace, SD $54,516

Waubay, SD $54,491

Webster, SD $54,504

White, SD $54,588

Willow Lake, SD $54,611

Wilmot, SD $54,544

Mitchell, SD $54,553

Alexandria, SD $54,352

Alpena, SD $54,444

Armour, SD $54,332

Artesian, SD $54,436

Avon, SD $54,347

Bonesteel, SD $54,241

Bridgewater, SD $54,206

Canova, SD $54,280

Carpenter, SD $54,570

Carthage, SD $54,448

Cavour, SD $54,520

Chamberlain, SD $54,274

Corsica, SD $54,342

Dante, SD $54,315

Delmont, SD $54,317

Dimock, SD $54,378

Emery, SD $54,296

Ethan, SD $54,406

Fairfax, SD $54,251

Fedora, SD $54,389

Fort Thompson, SD $53,637

Fulton, SD $54,396

Gann Valley, SD $54,162

Geddes, SD $54,264

Harrison, SD $54,304

Highmore, SD $53,260

Stephan, SD $53,496

Hitchcock, SD $54,477

Howard, SD $54,416

Huron, SD $54,662

Iroquois, SD $54,533

Kaylor, SD $54,437

Kimball, SD $54,272

Lake Andes, SD $54,351

Lane, SD $54,558

Letcher, SD $54,411

Marty, SD $54,525

Miller, SD $54,323

Mount Vernon, SD $54,376

New Holland, SD $54,457

Oacoma, SD $54,226

Parkston, SD $54,399

Pickstown, SD $54,434

Plankinton, SD $54,367

Platte, SD $54,274

Pukwana, SD $54,236

Ree Heights, SD $53,965

Saint Lawrence, SD $54,325

Spencer, SD $54,273

Stickney, SD $54,332

Tripp, SD $54,347

Virgil, SD $54,398

Wagner, SD $54,357

Wessington, SD $54,357

Wessington Springs, SD $54,349

White Lake, SD $54,296

Wolsey, SD $54,465

Woonsocket, SD $54,440

Yale, SD $54,565

Aberdeen, SD $54,570

Akaska, SD $54,083

Amherst, SD $54,486

Andover, SD $54,408

Ashton, SD $54,398

Barnard, SD $54,473

Bath, SD $54,455

Bowdle, SD $54,185

Brentford, SD $54,496

Britton, SD $54,639

Claremont, SD $54,440

Columbia, SD $54,375

Conde, SD $54,433

Cresbard, SD $54,298

Doland, SD $54,549

Eureka, SD $54,376

Faulkton, SD $54,294

Ferney, SD $54,631

Frankfort, SD $54,546

Frederick, SD $54,487

Gettysburg, SD $53,784

Groton, SD $54,461

Hecla, SD $54,565

Hosmer, SD $54,290

Houghton, SD $54,334

Hoven, SD $54,141

Ipswich, SD $54,346

Java, SD $54,107

Langford, SD $54,413

Lebanon, SD $53,874

Watertown, SD $54,662

Arlington, SD $54,517

Astoria, SD $54,604

Badger, SD $54,613

Big Stone City, SD $54,692

Bradley, SD $54,499

Brandt, SD $54,567

Bristol, SD $54,455

Bruce, SD $54,508

Bryant, SD $54,586

Castlewood, SD $54,553

Claire City, SD $54,635

Clark, SD $54,593

Clear Lake, SD $54,572

Corona, SD $54,637

De Smet, SD $54,565

Eden, SD $54,468

Erwin, SD $54,530

Estelline, SD $54,544

Florence, SD $54,526

Garden City, SD $54,536

Gary, SD $54,607

Goodwin, SD $54,503

Grenville, SD $54,454

Hayti, SD $54,573

Hazel, SD $54,549

Henry, SD $54,550

Kranzburg, SD $54,753

Labolt, SD $54,508

Lake City, SD $54,559

Lake Norden, SD $54,599

Lake Preston, SD $54,547

Marvin, SD $54,450

Milbank, SD $54,683

New Effington, SD $54,752

Ortley, SD $54,462

Peever, SD $54,535

Raymond, SD $54,562

Revillo, SD $54,542

Rosholt, SD $54,739

Roslyn, SD $54,443

Sisseton, SD $54,568

South Shore, SD $54,467

Stockholm, SD $54,467

Strandburg, SD $54,461

Summit, SD $54,465

Toronto, SD $54,546

Twin Brooks, SD $54,447

Veblen, SD $54,662

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	$64,333	$31.0	20%
Financial Services	$61,652	$30.0	15%
Internet	$61,652	$30.0	15%
Aerospace & Defense	$59,508	$29.0	11%
Energy & Utilities	$58,972	$28.0	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.

$48,898

Average $53,611/year

$56,652

$4,075

Average $4,468/month

$4,721

$940

Average $1,031/week

$1,089

$24

Average $26/hour

$27

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$56,652	$4,721	$1,089	$27
Average	$53,611	$4,468	$1,031	$26
25th Percentile	$48,898	$4,075	$940	$24

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.

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Insurance Risk Advisor Salary in South Dakota

Check out Insurance Risk Advisor Job Openings in South Dakota

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 South Dakota

Check out Insurance Risk Advisor Job Openings in South Dakota

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

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