What you can earn
The rewards are pretty good in risk. Take a look at what you might expect to start on in each of the seven areas of risk. And see what you could be earning with seven years' experience and some professional qualifications from the CII.
Actuarial
Actuarial Graduate (1-3 years in risk) average £28,500
Qualified Actuary (7-10 years in risk) £69,000 to £100,000
Senior Actuary £100,000 plus
Broking
Broking Assistant £15,000 - £23,000
Trainee Account Handler £27,500
Account Handler (1-3 years in risk) £29,500
Account Executive (4-6 years in risk) £38,000
Account Director (7-10 years in risk) £46,000 to £68,000
Managing Director £100,000 plus
Claims
Trainee Claims Handler £12,000 - £16,500
Claims Handler (0-1 years in risk) - average salary £17,250
Team Leader (4-6 years in risk) - average salary £27,250
Claims Manager (7-10 years in risk) - salary range £30,000 to £45,000
Claims Director £60,000 plus
Loss Adjusting
Trainee Loss Adjuster £18,000 - £23,000
Loss Adjuster (2-3 years in risk) average £28,000
Senior Loss Adjuster £50,000 plus
Reinsurance
Reinsurance Admin £25,000
Reinsurance Technician (1-3 years in risk) £28,000
Reinsurance Manager (7-10 years in risk) £43,000 to £88,000
Risk Management
Risk Technician (1-3 years in risk) £21,250
Risk Analyst (1- 6 years in risk) £29,000 to £44,000
Risk Manager (7-10 years in risk) £46,500 to £74,000
Underwriting
Underwriting Assistant £15,500 - £26,000
Assistant Underwriter £32,000
Underwriter (2-3 years in risk) £23,000 to £67,000
Senior Underwriter (4-6 years in risk) £57,000
Underwriting Manager (7-10 years in risk) £56,500 to £110,000
Other roles
Call Centre Operative £17,250
Admin Assistant £21,000
Accounts Assistant (1-3 years in risk) £15,000 to £20,000
Helpdesk/Tech Support (1-3 years in risk) £12,000 to £20,000