Earning potential

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