Risk and insurance manager demographics and statistics in the US
On this page
Risk and insurance manager demographics by:
Risk and insurance manager gender statistics
66.4% of risk and insurance managers are women and 33.6% of risk and insurance managers are men.
- Female, 66.4%
- Male, 33.6%
Risk and insurance manager gender ratio
| Gender | Percentages |
|---|---|
| Female | 66.4% |
| Male | 33.6% |
Risk and insurance manager gender pay gap
Women earn 90¢ for every $1 earned by men
Male income
$95,263
Female income
$85,509
Risk and insurance manager gender ratio over time
This data breaks down the percentage of men and women in risk and insurance manager positions over time. Currently, 66.4% of risk and insurance managers are female.
Risk and insurance manager gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 35.76% | 64.24% |
| 2011 | 35.75% | 64.25% |
| 2012 | 37.03% | 62.97% |
| 2013 | 35.18% | 64.82% |
| 2014 | 35.83% | 64.17% |
| 2015 | 36.08% | 63.92% |
| 2016 | 35.89% | 64.11% |
| 2017 | 37.31% | 62.69% |
| 2018 | 34.82% | 65.18% |
| 2019 | 33.38% | 66.62% |
| 2020 | 33.92% | 66.08% |
| 2021 | 33.61% | 66.39% |
Risk and insurance manager related jobs gender ratio
We compared risk and insurance managers with similar job titles to see how gender ratios vary. As you can see, general road foreman and plant superintendent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Executive Assistant/Human Resources | 7% | 93% |
| Office Manager Of Human Resources | 10% | 90% |
| Business Office Manager | 15% | 85% |
| Risk And Insurance Manager | 34% | 66% |
| Maintenance Director | 97% | 3% |
| Plant Superintendent | 97% | 3% |
| General Road Foreman | 97% | 3% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Risk and insurance manager demographics by race
The most common ethnicity among risk and insurance managers is White, which makes up 64.8% of all risk and insurance managers. Comparatively, 15.4% of risk and insurance managers are Hispanic or Latino and 7.9% of risk and insurance managers are Black or African American.
- White, 64.8%
- Hispanic or Latino, 15.4%
- Black or African American, 7.9%
- Asian, 7.4%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.4%
Risk and insurance manager race
| Risk and insurance manager race | Percentages |
|---|---|
| White | 64.8% |
| Hispanic or Latino | 15.4% |
| Black or African American | 7.9% |
| Asian | 7.4% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.4% |
Risk and insurance manager race and ethnicity over time
See how risk and insurance manager racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Risk and insurance manager race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 71.40% | 8.43% | 5.30% | 13.22% |
| 2011 | 71.01% | 8.54% | 5.48% | 13.06% |
| 2012 | 70.34% | 8.66% | 5.81% | 13.28% |
| 2013 | 69.13% | 8.72% | 6.54% | 13.60% |
| 2014 | 69.24% | 8.34% | 6.27% | 14.43% |
| 2015 | 69.09% | 8.41% | 6.35% | 14.21% |
| 2016 | 69.03% | 8.14% | 6.69% | 14.15% |
| 2017 | 68.30% | 8.17% | 6.82% | 14.53% |
| 2018 | 68.55% | 7.74% | 6.95% | 14.75% |
| 2019 | 68.74% | 7.59% | 6.96% | 14.76% |
| 2020 | 66.66% | 7.45% | 7.12% | 14.92% |
| 2021 | 64.82% | 7.95% | 7.40% | 15.37% |
Risk and insurance manager wage gap by race
According to our data, asian risk and insurance managers have the highest average salary compared to other ethnicities. Black or african american risk and insurance managers have the lowest average salary at $89,091.
| Ethnicity | Salary |
|---|---|
| Unknown | $96,337 |
| White | $96,278 |
| Black or African American | $89,091 |
| Asian | $101,820 |
| Hispanic or Latino | $93,246 |
Average risk and insurance manager age
See how the average age of risk and insurance managers varies based on ethnicity and gender.
Male
Female
Risk and insurance manager age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 45 | 47 |
| Unknown | 41 | 45.5 |
| Asian | 42 | 44 |
| Hispanic or Latino | 40 | 42 |
| White | 45 | 49 |
| American Indian and Alaska Native | 44.5 |
Risk and insurance manager age breakdown
The average age of risk and insurance managers is 40+ years years old, representing 68% of the risk and insurance manager population.
Risk and insurance manager age breakdown
| Risk And Insurance Manager Years | Percentages |
|---|---|
| 40+ years | 68% |
| 30-40 years | 26% |
| 20-30 years | 6% |
Risk and insurance manager educational attainment
The most common degree for risk and insurance managers is bachelor's degree, with 58% of risk and insurance managers earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 10%.
- Bachelor's, 58%
- Associate, 18%
- Master's, 10%
- High School Diploma, 6%
- Other Degrees, 8%
Risk and insurance managers by degree level
| Risk and insurance manager degree | Percentages |
|---|---|
| Bachelor's | 58% |
| Associate | 18% |
| Master's | 10% |
| High School Diploma | 6% |
| Other Degrees | 8% |
Risk and insurance manager jobs you might like
Risk and insurance manager wage gap by degree level
According to the data, risk and insurance managers with a Doctorate degree earn more than those without, at $127,188 annually. With a Master's degree, risk and insurance managers earn a median annual income of $119,872 compared to $101,980 for risk and insurance managers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $119,872 |
| High School Diploma or Less | $78,919 |
| Bachelor's Degree | $101,980 |
| Doctorate Degree | $127,188 |
| Some College/ Associate Degree | $78,907 |
Risk and insurance manager employment statistics
Most risk and insurance managers work for a private in the health care industry.
Company size where risk and insurance managers work
Below, you can see the size of companies where risk and insurance managers work.
Risk and insurance manager jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 8% |
| 50 - 100 employees | 15% |
| 100 - 500 employees | 16% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 29% |
| > 10,000 employees | 23% |
Risk and insurance manager jobs by company type
Employees with the risk and insurance manager job title have their preferences when it comes to working for a company. For instance, most risk and insurance managers prefer to work at private companies over public companies.
Risk and insurance manager jobs by sector
| Company type | Percentages |
|---|---|
| Education | 4% |
| Public | 24% |
| Private | 65% |
| Government | 7% |
Risk and insurance manager jobs by industry
The most common industries for risk and insurance managers are health care, finance and insurance.
Risk and insurance manager industry statistics
| Industry | Percentages |
|---|---|
| Health Care | 13% |
| Fortune 500 | 13% |
| Finance | 10% |
| Insurance | 10% |
| Professional | 7% |
| Government | 5% |
| Construction | 5% |
| Manufacturing | 5% |
| Technology | 4% |
| Hospitality | 3% |
| Transportation | 3% |
| Energy | 3% |
| Non Profits | 3% |
| Education | 3% |
| Automotive | 2% |
| Utilities | 2% |
| Retail | 2% |
| Real Estate | 2% |
| Pharmaceutical | 1% |
| Media | 1% |
| Telecommunication | 1% |
| Start-up | 1% |
Risk and insurance manager turnover and employment statistics
Risk and insurance manager unemployment rate over time
The unemployment rate for risk and insurance managers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Risk and insurance manager unemployment rate by year
| Year | Risk and insurance manager unemployment rate |
|---|---|
| 2010 | 5.13% |
| 2011 | 4.53% |
| 2012 | 4.16% |
| 2013 | 3.12% |
| 2014 | 2.76% |
| 2015 | 2.14% |
| 2016 | 1.85% |
| 2017 | 1.83% |
| 2018 | 1.89% |
| 2019 | 1.68% |
| 2020 | 2.20% |
| 2021 | 2.52% |
Average risk and insurance manager tenure
The average risk and insurance manager stays at their job for 1-2 years, based on the 944 risk and insurance managers resumes in Zippia's database.
Risk and insurance manager tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 10% |
| 1-2 years | 34% |
| 3-4 years | 16% |
| 5-7 years | 19% |
| 8-10 years | 7% |
| 11+ years | 14% |
Risk and insurance manager LGBT ratio compared to similar jobs
Review the percent of risk and insurance managers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Business Administrator Manager | 4.78% | 118,977 |
| Global Logistics Manager | 5.19% | 42,694 |
| Risk And Insurance Manager | 10.51% | - |
| Information Technology Technical Services Manager | 11.01% | 209,334 |
| Purchasing Manager | 11.39% | 30,430 |
| Director, Learning And Development | 17.60% | 72,265 |
| Talent Acquisition Manager | 17.78% | 26,512 |
Similar risk and insurance manager jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Business Administrator Manager | 4.78% | 118,977 |
| Global Logistics Manager | 5.19% | 42,694 |
| Information Technology Technical Services Manager | 11.01% | 209,334 |
| Purchasing Manager | 11.39% | 30,430 |
| Director, Learning And Development | 17.60% | 72,265 |
| Talent Acquisition Manager | 17.78% | 26,512 |
Foreign languages spoken by risk and insurance managers
The most common foreign language among risk and insurance managers is Spanish at 55.2%. The second-most popular foreign language spoken is Russian at 10.3% and Portuguese is the third-most popular at 6.9%.
- Spanish, 55.2%
- Russian, 10.3%
- Portuguese, 6.9%
- Carrier, 6.9%
- Bulgarian, 3.4%
- Other, 17.3%
Risk and insurance manager languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 55.2% |
| Russian | 10.3% |
| Portuguese | 6.9% |
| Carrier | 6.9% |
| Bulgarian | 3.4% |
| Other | 17.3% |
