Best paying jobs in property casualty insurers: With the insurance industry growing in every corner of the world, it’s no surprise that new jobs are opening up every day! Take a look at five of the best paying jobs in property casualty insurers below. They’re listed from lowest to highest pay, but they all have one thing in common — they each offer excellent benefits and room for advancement! We’ll also include job posting links so you can start your job search right away!
Top 10 Best Paying Jobs
Here are the top 10 best paying jobs within property casualty insurers, according to data from the Bureau of Labor Statistics.
- Chief Executives- $183,270
- Insurance Managers- $140,920
- Financial Managers- $139,880
- Agents and Business Managers of Artists, Performers, and Athletes- $122,830
- Human Resources Managers- $116,210
Risk Analysis Manager
A Risk Analysis Manager is responsible for analyzing an organization’s financial statement in order to identify potential risks. They work with other departments within the organization to develop risk management strategies and plans. A typical salary for this position is $120,000 per year.
A pricing analyst is responsible for analyzing an insurance company’s data and making recommendations on how to price their products. They need to have strong math skills and be able to work with large amounts of data. Pricing analysts typically make between $60,000 and $90,000 per year.
National Account Manager
A National Account Manager is responsible for developing and maintaining relationships with key accounts. They work to increase business with existing clients and identify new sales opportunities. This role requires excellent communication and negotiation skills, as well as the ability to think strategically. The average salary for this position is $85,000.
An actuarial analyst is responsible for analyzing data and statistics to determine the risk of insuring a person or property. They use their findings to help set premiums and policy limits. Actuarial analysts typically need a bachelor’s degree in mathematics, statistics, or actuarial science. Many actuarial analysts also become certified through professional organizations such as the Society of Actuaries.
Product Liability Claims Adjuster
As a product liability claims adjuster, you would be responsible for investigating claims and working with lawyers to determine if the product manufacturer is liable. If you are successful in your role, you could earn a salary of $122,000 per year.
With an average salary of $84,000, an IT auditor is responsible for ensuring that an organization’s information technology infrastructure is secure and functioning properly. In order to do this, they must have a strong understanding of both technology and business.
A medical director is responsible for the medical aspects of a property casualty insurer. They develop and oversee the implementation of policies and procedures related to health care and work with other departments to ensure that these policies are followed. A medical director typically has a background in medicine or a related field, and they must be licensed to practice in their state. The median salary for a medical director is $200,000.
The median salary for an underwriting manager is $117,000 per year, making it one of the highest paying jobs in the property casualty insurance industry. Underwriting managers are responsible for overseeing a team of underwriters and making sure that they are meeting deadlines and producing quality work. In order to be an underwriting manager, you will need at least five years of experience as an underwriter.
Commercial Lines Underwriter
A commercial lines underwriter is responsible for reviewing and assessing risks for insurance policies that protect businesses. They use their knowledge of the industry and business to make decisions about whether or not to provide coverage, and if so, how much to charge. Commercial lines underwriters typically need at least five years of experience in the industry before they can be considered for this role.
A subrogation specialist is responsible for pursuing reimbursement from at-fault third parties on behalf of their insurance company. This can be a very rewarding job for the right person, as it can involve a lot of investigation and problem-solving. The median salary for this position is $62,000 per year.