Insurance Risk Manager Salary
$82.5K - $92K
9% of jobs
$100.7K is the 25th percentile. Wages below this are outliers.
$92K - $101.5K
17% of jobs
$101.5K - $111K
13% of jobs
The median wage is $116.6K / yr.
$111K - $120.5K
19% of jobs
$120.5K - $130K
6% of jobs
$133.9K is the 75th percentile. Wages above this are outliers.
$130K - $139.5K
29% of jobs
$139.5K - $149K
7% of jobs
$149K - $158.5K
0% of jobs
$158.5K - $168K
0% of jobs
$168K - $177.5K
0% of jobs
$177.5K - $187K
0% of jobs
$82.5K
$117.5K
$186K
$121,506
/year
$58.42
/hour
Insurance Risk Manager Salary Comparison by Location
Nationwide
United States
$121,506
Columbus
Ohio
$117,362
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How much does an Insurance Risk Manager make?
As of Jun 8, 2026, the average annual pay for an Insurance Risk Manager in the United States is $121,506 a year.
Just in case you need a simple salary calculator, that works out to be approximately $58.42 an hour. This is the equivalent of $2,336/week or $10,125/month.
While ZipRecruiter is seeing annual salaries as high as $186,000 and as low as $82,500, the majority of Insurance Risk Manager salaries currently range between $101,000 (25th percentile) to $138,000 (75th percentile) with top earners (90th percentile) making $138,000 annually across the United States. The average pay range for an Insurance Risk Manager varies greatly (by as much as 37000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
An Insurance Risk Manager in your area makes on average $117,362 per year, or $4,144 (3.411%) less than the national average annual salary of $121,506. Ohio ranks number 30 out of 50 states nationwide for Insurance Risk Manager salaries.
To estimate the most accurate annual salary range for Insurance Risk Manager jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Find your next high paying job as an Insurance Risk Manager on ZipRecruiter today.
What are Top 10 Highest Paying Cities for Insurance Risk Manager Jobs
We've identified 10 cities where the typical salary for an Insurance Risk Manager job is above the national average. Topping the list is Cupertino, CA, , with Nantucket, MA, and Berkeley, CA, close behind in the second and third positions. Berkeley, CA, beats the national average by $27,270 (22.4%), and Cupertino, CA, furthers that trend with another $28,401 (23.4%) above the $121,506 average.
With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as an Insurance Risk Manager appears to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top 10 cities varies very little at 4% between Cupertino, CA, and San Francisco, CA, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Insurance Risk Manager role.
City | Annual Salary | Hourly Wage |
|---|---|---|
Cupertino, CA | $149,907 | $72.07 |
Nantucket, MA | $149,510 | $71.88 |
Berkeley, CA | $148,776 | $71.53 |
Redwood City, CA | $148,766 | $71.52 |
San Carlos, CA | $146,716 | $70.54 |
Sitka, AK | $146,375 | $70.37 |
South San Francisco, CA | $146,011 | $70.20 |
Mountain View, CA | $143,264 | $68.88 |
Palo Alto, CA | $143,193 | $68.84 |
San Francisco, CA | $143,155 | $68.82 |
What are Top 5 Best Paying Related Insurance Risk Manager Jobs in the U.S.
We found a few related jobs that pay more than jobs in the Insurance Risk Manager category.
For example Child Adolescent Psychiatrist jobs pay as much as $149,915 (123.4%) more than the average Insurance Risk Manager salary of $121,506. If you're qualified, finding work as an Child Adolescent Psychiatrist may help you make more money than that of the average Insurance Risk Manager position.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Child Adolescent Psychiatrist | $271,421 | $130.49 |
Telepsychiatry | $213,186 | $102.49 |
Director Pmhnp | $186,382 | $89.61 |
Clinical Psychiatrist | $172,752 | $83.05 |
Osteopathic Medicine | $171,350 | $82.38 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
