Insurance Risk Manager Salary in Michigan
$71.9K - $80.2K
9% of jobs
$87.7K is the 25th percentile. Wages below this are outliers.
$80.2K - $88.5K
17% of jobs
$88.5K - $96.7K
13% of jobs
The median wage is $101.7K / yr.
$96.7K - $105K
19% of jobs
$105K - $113.3K
6% of jobs
$116.7K is the 75th percentile. Wages above this are outliers.
$113.3K - $121.6K
29% of jobs
$121.6K - $129.9K
7% of jobs
$129.9K - $138.1K
0% of jobs
$138.1K - $146.4K
0% of jobs
$146.4K - $154.7K
0% of jobs
$154.7K - $163K
0% of jobs
$71.9K
$102.4K
$162.1K
$105,904
/year
$50.92
/hour
Insurance Risk Manager Salary Comparison by Location
Nationwide
United States
$121,506
Michigan
Michigan
$105,904
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How much does an Insurance Risk Manager make in Michigan?
As of Jul 1, 2026, the average annual pay for an Insurance Risk Manager in Michigan is $105,904 a year.
Just in case you need a simple salary calculator, that works out to be approximately $50.92 an hour. This is the equivalent of $2,036/week or $8,825/month.
While ZipRecruiter is seeing salaries as high as $162,117 and as low as $71,907, the majority of Insurance Risk Manager salaries currently range between $88,000 (25th percentile) to $120,300 (75th percentile) with top earners (90th percentile) making $120,280 annually in Michigan. The average pay range for an Insurance Risk Manager varies greatly (by as much as 32300), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Michigan ranks number 50 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 in Michigan
We've identified 10 cities where the typical salary for an Insurance Risk Manager job is above the average in Michigan in Michigan. Topping the list is Waterford, , with Lansing, and Ishpeming, close behind in the second and third positions. Ishpeming, beats the average in Michigan by $17,268 (16.3%), and Waterford, furthers that trend with another $17,421 (16.4%) above the $105,904 average.
With these 10 cities paying on average above the average for Michigan, 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 Waterford, and Marquette, , 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 |
|---|---|---|
Waterford | $123,325 | $59.29 |
Lansing | $123,239 | $59.25 |
Ishpeming | $123,172 | $59.22 |
Pontiac | $120,673 | $58.02 |
Detroit | $120,286 | $57.83 |
Farmington | $119,562 | $57.48 |
Farmington Hills | $119,562 | $57.48 |
White Lake | $119,342 | $57.38 |
Ann Arbor | $118,873 | $57.15 |
Marquette | $117,801 | $56.64 |
What are Top 5 Best Paying Related Insurance Risk Manager Jobs in Michigan
Analyzing similar jobs related to the Insurance Risk Manager job category in Michigan, we found 5 that were relevant. However, none pay more than the $105904 state average for Insurance Risk Manager jobs.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Remote Child Psychiatrist | $245,961 | $118.25 |
Child Adolescent Psychiatrist | $236,570 | $113.74 |
Allopathic Physician | $181,424 | $87.22 |
Director Pmhnp | $162,449 | $78.10 |
Osteopathic Medicine | $150,475 | $72.34 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
