Insurance Risk Manager Salary in New Jersey
$83.8K - $93.4K
9% of jobs
$102.2K is the 25th percentile. Wages below this are outliers.
$93.4K - $103K
17% of jobs
$103K - $112.7K
13% of jobs
The median wage is $118.4K / yr.
$112.7K - $122.3K
19% of jobs
$122.3K - $132K
6% of jobs
$135.9K is the 75th percentile. Wages above this are outliers.
$132K - $141.6K
29% of jobs
$141.6K - $151.3K
7% of jobs
$151.3K - $160.9K
0% of jobs
$160.9K - $170.6K
0% of jobs
$170.6K - $180.2K
0% of jobs
$180.2K - $189.9K
0% of jobs
$83.8K
$119.3K
$188.8K
$123,357
/year
$59.31
/hour
Insurance Risk Manager Salary Comparison by Location
Nationwide
United States
$121,506
New Jersey
New Jersey
$123,357
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How much does an Insurance Risk Manager make in New Jersey?
As of May 28, 2026, the average annual pay for an Insurance Risk Manager in New Jersey is $123,357 a year.
Just in case you need a simple salary calculator, that works out to be approximately $59.31 an hour. This is the equivalent of $2,372/week or $10,279/month.
While ZipRecruiter is seeing salaries as high as $188,834 and as low as $83,757, the majority of Insurance Risk Manager salaries currently range between $102,500 (25th percentile) to $140,100 (75th percentile) with top earners (90th percentile) making $140,102 annually in New Jersey. The average pay range for an Insurance Risk Manager varies greatly (by as much as 37600), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
New Jersey 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 New Jersey
We've identified 10 cities where the typical salary for an Insurance Risk Manager job is above the average in New Jersey in New Jersey. Topping the list is Holmdel, , with North Bergen, and Hoboken, close behind in the second and third positions. Hoboken, beats the average in New Jersey by $9,580 (7.8%), and Holmdel, furthers that trend with another $12,418 (10.1%) above the $123,357 average.
With these 10 cities paying on average above the average for New Jersey, 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 5% between Holmdel, and Somerset, , 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 |
|---|---|---|
Holmdel | $135,775 | $65.28 |
North Bergen | $135,518 | $65.15 |
Hoboken | $132,937 | $63.91 |
River Vale | $132,928 | $63.91 |
Livingston | $132,451 | $63.68 |
Short Hills | $132,212 | $63.56 |
Weehawken | $132,061 | $63.49 |
Martinsville | $131,166 | $63.06 |
Summit | $129,111 | $62.07 |
Somerset | $128,376 | $61.72 |
What are Top 5 Best Paying Related Insurance Risk Manager Jobs in New Jersey
Analyzing similar jobs related to the Insurance Risk Manager job category in New Jersey, we found 5 that were relevant. However, none pay more than the $123357 state average for Insurance Risk Manager jobs.
Nevertheless Insurance Risk Services, Security Risk Analyst, or Risk Assessment Consultant may still be interesting positions to explore.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Insurance Risk Services | $123,357 | $59.31 |
Security Risk Analyst | $106,445 | $51.18 |
Risk Assessment Consultant | $106,379 | $51.14 |
Portfolio Risk Manager | $101,989 | $49.03 |
Risk Control Analyst | $89,223 | $42.90 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
