Position
Salary

How much does a Insurance Analyst make?

The average salary for a Insurance Analyst is $79,298 per year in the US.

An Insurance Analyst plays a key role in the insurance industry. They analyze data to help companies make smart decisions. This job can be very rewarding. The average yearly salary for an Insurance Analyst is around $79,298. This means that many people can earn a good living in this field.


Insurance Analysts can earn different amounts based on their experience and where they work. Here are some salary ranges for different experience levels:

  • Entry-level: $33,000 to $46,691
  • Mid-level: $60,382 to $87,764
  • Senior-level: $101,455 to $183,600

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What are the highest paying cities for a Insurance Analyst?

Boston, MA, offers top salaries for Insurance Analysts, with an average of $107,674. Austin, TX, and Chicago, IL, follow closely, providing competitive pay. These cities present excellent opportunities for those seeking higher earnings in the insurance sector.
Graph displaying highest paying cities salaries for Insurance Analyst jobs, highlighting Boston, MA with the highest at $107,674 and Nashville, TN with the lowest at $64,849.
  1. Boston, MA
    Average Salary: $107,674
    In Boston, professionals analyze data to help companies manage risks. Major firms like Liberty Mutual and State Street offer many opportunities. The city's strong economy supports a vibrant job market.
    Find Insurance Analyst jobs in Boston, MA


  2. Austin, TX
    Average Salary: $96,475
    Austin provides a dynamic environment for those in the insurance field. Companies like USAA and Texas Mutual Insurance Company thrive here. The city's tech-friendly culture enhances career growth.
    Find Insurance Analyst jobs in Austin, TX


  3. Chicago, IL
    Average Salary: $91,652
    Chicago is a hub for insurance analysis. Firms like Allstate and Aon offer diverse roles. The city's rich history in finance makes it a great place for career development.
    Find Insurance Analyst jobs in Chicago, IL


  4. Atlanta, GA
    Average Salary: $90,093
    Atlanta offers a growing market for insurance analysts. Companies like Aflac and SunTrust Bank provide many opportunities. The city's expanding economy supports a strong job market.
    Find Insurance Analyst jobs in Atlanta, GA


  5. Detroit, MI
    Average Salary: $80,318
    Detroit is seeing a rise in insurance analysis jobs. Firms like Blue Cross Blue Shield of Michigan offer solid career paths. The city's revitalization brings new opportunities.
    Find Insurance Analyst jobs in Detroit, MI


  6. Houston, TX
    Average Salary: $79,730
    Houston is a key city for insurance analysts. Companies like Travelers and Liberty Mutual are prominent. The city's diverse economy supports a robust job market.
    Find Insurance Analyst jobs in Houston, TX


  7. Dallas, TX
    Average Salary: $78,539
    Dallas offers many opportunities for insurance professionals. Firms like American Airlines Group and Texas Mutual are leaders. The city's strong economy supports career growth.
    Find Insurance Analyst jobs in Dallas, TX


  8. Denver, CO
    Average Salary: $74,712
    Denver provides a vibrant environment for insurance analysts. Companies like HealthPartners and Denver Health offer many opportunities. The city's outdoor lifestyle enhances work-life balance.
    Find Insurance Analyst jobs in Denver, CO


  9. Minneapolis, MN
    Average Salary: $70,104
    Minneapolis is a great place for insurance analysis. Firms like UnitedHealth Group and Thrivent Financial thrive here. The city's strong economy supports a stable job market.
    Find Insurance Analyst jobs in Minneapolis, MN


  10. Nashville, TN
    Average Salary: $64,849
    Nashville offers a growing market for insurance analysts. Companies like BlueCross BlueShield of Tennessee provide many opportunities. The city's vibrant culture enhances career growth.
    Find Insurance Analyst jobs in Nashville, TN

What are the best companies a Insurance Analyst can work for?

Deloitte offers the highest average salary for Insurance Analysts, making it a top choice for job seekers. The company provides a competitive package and opportunities for growth. CSAA Insurance Group also offers a strong salary, along with a supportive work environment.
Graph displaying best paying company salaries for Insurance Analyst jobs, highlighting Deloitte with the highest at $146,925 and State of North Carolina with the lowest at $55,633.
  1. Deloitte
    Average Salary: $146,925
    Deloitte offers top-tier Insurance Analyst positions with a focus on data analysis and risk management. They operate globally, with major offices in the U.S., U.K., and Canada. Deloitte provides a dynamic work environment and opportunities for career growth.


  2. CSAA Insurance Group
    Average Salary: $104,915
    CSAA Insurance Group provides competitive salaries for Insurance Analysts. They focus on customer service and risk assessment. The company operates in several states across the U.S. and offers a supportive work culture with a strong emphasis on teamwork.


  3. S&P Global
    Average Salary: $98,559
    S&P Global offers Insurance Analyst positions with a focus on market analysis and financial modeling. They have offices worldwide, including major hubs in the U.S., Europe, and Asia. The company provides a collaborative environment and opportunities for professional development.


  4. NFP Corp
    Average Salary: $72,000
    NFP Corp provides Insurance Analyst roles with a focus on risk management and insurance solutions. They operate in multiple locations across the U.S. and offer a family-oriented work environment with a commitment to employee well-being.


  5. State of North Carolina
    Average Salary: $55,633
    The State of North Carolina offers Insurance Analyst positions with a focus on public service and policy analysis. They operate throughout North Carolina and provide a stable work environment with opportunities for career advancement.

How to earn more as a Insurance Analyst?

An insurance analyst can increase their earnings by focusing on several key areas. Gaining more experience and expertise in the field can lead to higher-paying positions. Analysts who specialize in areas like risk management or data analysis often command higher salaries. Continuing education and obtaining relevant certifications can also enhance earning potential. Networking with industry professionals and staying informed about market trends can open up new opportunities for advancement.

Building a strong professional reputation can significantly impact an insurance analyst's salary. Analysts who demonstrate strong analytical skills and a deep understanding of insurance products can earn more. Seeking out mentorship and feedback from experienced colleagues can help improve performance. Taking on additional responsibilities and projects can also lead to higher pay. Analysts who show initiative and a commitment to excellence often find themselves in higher-paying roles.

Here are five factors that can help an insurance analyst earn more:

  1. Gain more experience and expertise.
  2. Specialize in high-demand areas.
  3. Obtain relevant certifications.
  4. Network with industry professionals.
  5. Build a strong professional reputation.

Currently 57 Insurance Analyst job openings, nationwide.

How's the job market for a Insurance Analyst in the US?

Learn what a Insurance Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Insurance Analyst today.
Position
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Insurance Analyst
57 Job Openings