How much does a Insurance Analyst make?
An Insurance Analyst plays a key role in the insurance industry. They review and analyze insurance policies, claims, and data. This job requires a strong understanding of insurance products and practices. The average yearly salary for an Insurance Analyst is around $79,804. This figure can vary based on experience, location, and the specific company.
Insurance Analysts often start with a salary on the lower end of the scale. With experience, they can move up to higher-paying positions. Here are some common salary ranges:
- 10th percentile: $33,000
- 25th percentile: $46,691
- 50th percentile: $60,382
- 75th percentile: $87,764
- 90th percentile: $128,836
What are the highest paying cities for a Insurance Analyst?

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Boston, MA
Average Salary: $108,029
In Boston, professionals analyze insurance data to help companies make informed decisions. With major firms like Liberty Mutual and State Street, there are plenty of opportunities to grow. The city's rich history and vibrant culture add to the work experience.
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Austin, TX
Average Salary: $99,016
Austin offers a dynamic environment for insurance analysts. Companies like Dell and Whole Foods rely on data analysis to manage risks. The city's tech-friendly atmosphere and lively community make it an exciting place to work.
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Chicago, IL
Average Salary: $93,440
Chicago is a hub for insurance analysis. Working with giants like Allstate and Aon, analysts here play a key role in shaping the industry. The city's diverse culture and strong economy provide a robust backdrop for professional growth.
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Atlanta, GA
Average Salary: $90,093
Atlanta is a growing city for insurance analysts. With companies like Aflac and SunTrust, there are many opportunities to make an impact. The city's warm climate and friendly people create a welcoming work environment.
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Dallas, TX
Average Salary: $80,505
In Dallas, insurance analysts work with top firms like AT&T and American Airlines. The city offers a mix of tradition and innovation, providing a unique setting for data analysis. Dallas's vibrant culture and strong job market make it a great place to work.
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Detroit, MI
Average Salary: $80,318
Detroit is home to many insurance companies, offering solid opportunities for analysts. Working with firms like General Motors and Blue Cross Blue Shield, professionals here contribute to the city's economic revival. Detroit's rich history and community spirit add to the work experience.
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Houston, TX
Average Salary: $79,730
Houston is a key city for insurance analysis. With companies like BP and Halliburton, analysts here play a crucial role in risk management. The city's diverse culture and strong economy provide a dynamic work environment.
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Denver, CO
Average Salary: $74,712
Denver offers a vibrant setting for insurance analysts. Working with firms like UnitedHealth Group and Xcel Energy, professionals here enjoy a mix of outdoor activities and city life. The city's strong economy and friendly community make it an attractive place to work.
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Minneapolis, MN
Average Salary: $70,104
Minneapolis is a great city for insurance analysts. With companies like U.S. Bank and Target, there are many opportunities to grow. The city's strong economy and friendly people create a welcoming work environment.
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Nashville, TN
Average Salary: $64,849
Nashville offers a unique environment for insurance analysts. Working with firms like LifePoint Health and Bridgestone, professionals here enjoy a mix of music and business. The city's warm climate and friendly community add to the work experience.
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What are the best companies a Insurance Analyst can work for?

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Deloitte
Average Salary: $146,925
Deloitte offers Insurance Analyst jobs with a focus on risk management and financial analysis. They operate globally, with major offices in the United States, Europe, and Asia. Deloitte provides a dynamic work environment and opportunities for professional growth.
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S&P Global
Average Salary: $98,559
S&P Global provides Insurance Analyst roles that involve data analysis and market research. They have offices worldwide, including the United States, Europe, and Asia. S&P Global is known for its strong focus on innovation and employee development.
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Marsh McLennan Agency
Average Salary: $97,136
Marsh McLennan Agency offers Insurance Analyst positions with a focus on risk management and insurance solutions. They have a global presence, with offices in North America, Europe, and Asia. The company values teamwork and offers a supportive work environment.
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NFP Corp
Average Salary: $72,000
NFP Corp provides Insurance Analyst jobs that focus on risk management and insurance services. They operate in the United States, with offices in many states. NFP Corp offers a collaborative work culture and opportunities for career advancement.
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State of Florida
Average Salary: $54,827
The State of Florida offers Insurance Analyst roles that involve policy analysis and regulatory compliance. They operate throughout the state, with offices in major cities. The state provides a stable work environment and benefits for public sector employees.
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State of North Carolina
Average Salary: $54,601
The State of North Carolina provides Insurance Analyst jobs that focus on policy analysis and regulatory compliance. They operate throughout the state, with offices in major cities. The state offers a stable work environment and benefits for public sector employees.
How to earn more as a Insurance Analyst?
An Insurance Analyst can increase their earnings through various strategies. Gaining more experience and expertise in the field is key. This includes understanding different types of insurance policies and the market. Analysts who specialize in high-demand areas, such as cyber insurance or health insurance, often earn more. Continuing education and obtaining relevant certifications can also boost earnings. Networking with industry professionals and staying updated on industry trends can lead to better job opportunities and higher salaries.
Another way to earn more is by seeking roles in larger companies or those with higher budgets. These organizations often have more resources to pay competitive salaries. Analysts who demonstrate strong analytical skills and the ability to provide valuable insights can command higher pay. Taking on leadership roles or moving into management can also increase earnings. Finally, being open to relocation for higher-paying positions can make a significant difference in salary.
Here are five factors that can help an Insurance Analyst earn more:
- Specialization: Gaining expertise in high-demand areas.
- Certifications: Obtaining relevant professional certifications.
- Experience: Building a strong track record in the industry.
- Networking: Connecting with industry professionals for better opportunities.
- Leadership: Taking on roles with more responsibility and authority.



