Risk & Insurance Manager Salary in Alabama - State Average

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Risk & Insurance Manager in Alabama - State Average

The average salary of a(n) Risk & Insurance Manager in Alabama - State Average is $104,329.

The average hourly rate of a(n) Risk & Insurance Manager in Alabama - State Average is $50.16.

The average bonus of a(n) Risk & Insurance Manager in Alabama - State Average is $8,607.00.

Job Description:

Manages, plans, and coordinates risk and insurance programs of establishment to control risks and losses. Identifies, evaluates, and implements corrective action against risks that may result in injury, property loss, damage, or legal liability. Analyzes and classifies risks as to frequency and potential severity, and measures financial impact of risk on company. Selects appropriate technique to minimize loss, such as avoidance (reducing chance of loss to zero), loss prevention and reduction (reducing frequency and severity of loss), retention (including self-insurance and planned noninsurance), grouping of exposure units (to increase predictability of loss), and transfer (placement of property, activity, or risk with other establishment or insurers). Directs insurance negotiations, selects insurance brokers and carriers, and places insurance. Appoints claims and self-insurance administrators, and allocates program costs. Prepares operational and risk reports for management analysis. Manages insurance programs, such as fidelity, surety, liability, property, group life, medical, pension plans, and workers' compensation. Prepares operational and risk reports for management analysis. May direct loss prevention and safety programs. May select and direct activities of safety, engineering, and loss prevention experts. May negotiate with unions for employee benefits. Less

Manages, plans, and coordinates risk and insurance programs of establishment to control risks and losses. Identifies, evaluates, and implements corrective action against risks that may result in injury, property loss, damage, or legal liability. Analyzes and classifies risks as to... More

How helpful is this page?

Are you a(n) Risk & Insurance Manager?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Alabama - State Average

View Salaries for Risk & Insurance Manager in Other Cities in Alabama - State Average

Job Openings by Indeed job search

Results for Risk & Insurance Manager in Alabama - State Average

Manager Cash Logistics - Birmingham, AL - Birmingham, AL

Brink's Incorporated

This position is responsible for assisting the City Manager or Senior Manager Operations in the secure, safe and efficient functioning of an armored car...

View job on Indeed.com

Workforce Manager - Birmingham, AL

SunGard

Manage the general operations of their organization Participate in the hiring of and management of resources Manage project risks and communicate with client to...

View job on Indeed.com

P/T Field Investigator - Birmingham, AL

Ethos Risk

Adjusting or other experience in the insurance industry. Ethos Risk Services delivers exceptional results, first-rate customer service, and outstanding value...

View job on Indeed.com

Risk Control & Claims Mgr - Tuscaloosa, AL

The University of Alabama

The Risk Control and Claims Manager will be responsible for supporting claim management, risk control, risk financing and contractual transfer....

View job on Indeed.com

Regional Director of Operations - Dothan, AL

LBA Hospitality

Must maintain a valid Drivers License and Motor Vehicle Insurance. Five years supervising managers who have P&L responsibility and make employment decisions...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x