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RIMS releases annual compensation survey

Posted On: May. 24, 2007 12:00 AM CST

NEW YORK--Risk management professionals with enterprisewide responsibilities received average annual salaries of $130,997, according to the Risk & Insurance Management Society Inc.'s 2007 Risk Management Compensation Survey, RIMS announced Thursday.

The survey found that insurance and risk management professionals received average annual salaries of $106,814, while claims managers received an average annual salary of $81,228.

The survey, compiled by Waltham, Mass.-based Salary.com Inc., was based on the responses of employees of more than 1,300 companies in the United States and Canada. It included information from public companies, private organizations and nonprofit and government entities.

RIMS and Salary.com will hold a webinar interpreting the results on June 7. Further information is available at www.rims.org.