What can I earn?

What can I 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, and see what you could be earning with seven years' experience and some professional qualifications from the CII.

Actuarial

Actuarial graduate (one to three years in risk): average £28,500
Qualified actuary (seven to 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 (one to three years in risk): £29,500
Account executive (four to six years in risk): £38,000
Account director (seven to 10 years in risk): £46,000 to £68,000
Managing director £100,000 plus

Claims

Trainee claims handler: £12,000 - £16,500
Claims handler (up to one year in risk): average salary £17,250
Team leader (four to six years in risk): average salary £27,250
Claims manager (seven to 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 (two to three years in risk): average £28,000
Senior loss adjuster: £50,000-plus

Reinsurance

Reinsurance admin: £25,000
Reinsurance technician (one to three years in risk): £28,000
Reinsurance manager (seven to 10 years in risk) £43,000 to £88,000

Risk management

Risk technician (one to three years in risk): £21,250
Risk analyst (one to six years in risk): £29,000 to £44,000
Risk manager (seven to 10 years in risk): £46,500 to £74,000

Underwriting

Underwriting assistant: £15,500 - £26,000
Assistant underwriter: £32,000
Underwriter (two to three years in risk): £23,000 to £67,000
Senior underwriter (four to six years in risk): £57,000
Underwriting manager (seven to 10 years in risk): £56,500 to £110,000

Other roles

Call centre operative: £17,250
Admin assistant: £21,000
Accounts assistant (one to three years in risk): £15,000 to £20,000
Helpdesk/tech support (one to three years in risk): £12,000 to £20,000