Insurance Risk Director Salary in Virginia

How much does an Insurance Risk Director make in Virginia? The average Insurance Risk Director salary in Virginia is $145,028 as of September 25, 2020, but the range typically falls between $119,478 and $179,927. 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 Virginia

About Virginia    Virginia (/vərˈdʒɪniə/ (listen)), officially the Commonwealth of Virginia, is a state in the Southeastern and Mid-Atlantic regions of the United State....More

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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Abingdon, VA Avg. Salary $128,096 Date Updated September 25, 2020
Location Accomac, VA Avg. Salary $139,005 Date Updated September 25, 2020
Location Achilles, VA Avg. Salary $138,177 Date Updated September 25, 2020
Location Afton, VA Avg. Salary $135,264 Date Updated September 25, 2020
Location Alberta, VA Avg. Salary $146,041 Date Updated September 25, 2020
Location Aldie, VA Avg. Salary $163,809 Date Updated September 25, 2020
Location Alexandria, VA Avg. Salary $164,548 Date Updated September 25, 2020
Location Altavista, VA Avg. Salary $135,540 Date Updated September 25, 2020
Location Alton, VA Avg. Salary $139,168 Date Updated September 25, 2020
Location Amelia Court House, VA Avg. Salary $146,322 Date Updated September 25, 2020

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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