The highest-paid risk management position, at nearly a quarter of a million dollars, is chief risk officer/vice president-risk management, nearly five times what the lowest paid position of claims analyst receives, a survey has found.
CROs are averaging a salary of $170,683 and total compensation of $220,233; analysts average $51,852 with total compensation of $54,485, according to a risk management survey.
Risk managers in the Northeast were paid the highest, with an average salary base of $151,200, while the lowest-paid region was the Southeast, at $103,500, the survey found. Second highest were risk managers in the West, whose salaries averaged $130,300.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
