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Insurance Coverage Analyst V Salary in the United States

How much does an Insurance Coverage Analyst V make in the United States?

As of September 01, 2026, the average salary for an Insurance Coverage Analyst V in the United States is $141,900 per year, which breaks down to an hourly rate of $68.

However, an Insurance Coverage Analyst V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $171,894
  • Majority Range (25th-75th percentile): $138,700 to $157,600
  • Entry-Level (10th percentile): $135,787
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Insurance Coverage Analyst V Salaries

An Insurance Coverage Analyst V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Coverage Analyst Salaries?

Experience is a primary driver of an Insurance Coverage Analyst V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Organizational Insurance Risk Analyst III (4-7 years): $96,720
  • Organizational Insurance Risk Analyst IV (7+ years): $122,610
  • Insurance Coverage Analyst V (7-10 years): $141,863
  • Insurance Coverage Supervisor (10+ years): $107,223
  • Organizational Insurance Risk Manager (10+ years): $130,657
Job Role Years of Experience Average Salary
Organizational Insurance Risk Analyst III4-7 years$96,720
Organizational Insurance Risk Analyst IV7+ years$122,610
Insurance Coverage Analyst V7-10 years$141,863
Insurance Coverage Supervisor10+ years$107,223
Organizational Insurance Risk Manager10+ years$130,657
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How Do Insurance Coverage Analyst V Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Coverage Analyst Vs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $157,100.
  • California: $156,500.
  • Massachusetts: $154,400.

Top Paying Cities for Insurance Coverage Analyst Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $179,000
  • San Francisco: $177,000
  • Oakland: $173,300

Insurance Coverage Analyst V Salary by Company Size: Startups vs. Enterprise

Insurance Coverage Analyst V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $158,579. While startup companies pay approximate $134,142.

Insurance Coverage Analyst V Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $134,142
Growth Stage 51~500 $141,868
Established 501~5000 $153,128
Enterprise 5000+ $158,579

Insurance Coverage Analyst V Salary by Industry: Top Paying Sectors

For Insurance Coverage Analyst V roles, the industry you choose can affect earning potential by as much as 42% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Aerospace & Defense sectors offer the strongest compensation, at 22% above the average. In contrast, Insurance Coverage Analyst positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Insurance Coverage Analyst V as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Coverage Analyst V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$173,118$83.022%
Aerospace & Defense$167,442$81.018%
Pharmaceuticals$163,185$78.015%
Internet$158,928$76.012%
Construction$156,090$75.010%

Insurance Coverage Analyst V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Coverage Analyst V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$138,700
Average $141,900/year
$157,600
$11,558
Average $11,825/month
$13,133
$2,667
Average $2,729/week
$3,031
$67
Average $68/hour
$76
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $157,600 $13,133 $3,031 $76
Average $141,900 $11,825 $2,729 $68
25th Percentile $138,700 $11,558 $2,667 $67

Insurance Coverage Analyst V Salary Growth & Career Path

Insurance Coverage Analyst V

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As an Insurance Coverage Analyst V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Strategic E-commerce Risk Director $156,700 10%
Insurance Coverage Supervisor $107,300 -24%
Operational Risk Management Supervisor $110,300 -22%

Most common benefits for Insurance Coverage Analyst V

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Insurance Coverage Analyst V

Here are companies hiring for Insurance Coverage Analyst V and their salaries, click below for more details.

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FAQ about Insurance Coverage Analyst V

1. What industry pays the highest salary for Insurance Coverage Analyst V?

The Energy & Utilities industry offers the highest average compensation for Insurance Coverage Analyst V roles, with salaries approximately 22% above the market median.

2. What is the hardest insurance exam to pass?

The hardest insurance exam to pass often varies by individual experience, but many consider the Chartered Property Casualty Underwriter (CPCU) exam to be particularly challenging due to its comprehensive content and rigorous standards. Success in this field can lead to lucrative salaries, with Insurance Coverage Analysts earning between $154,100 and $198,900 annually.

3. Can analysts make a lot of money?

Yes, analysts can earn a substantial income. For Insurance Coverage Analysts, salaries range from a minimum of $154,100 to a mid-level of $177,600, with top earners making up to $198,900 annually. This reflects the potential for a rewarding financial career, influenced by experience and specialization.

4. Do insurance agents make 6 figures?

Yes, insurance agents can make six figures. For instance, an Insurance Coverage Analyst has a salary range from $154,100 to $198,900, with a mid-salary of $177,600. This demonstrates that many professionals in the insurance field have the potential to earn substantial incomes, especially those who excel in their roles.

5. Can insurance agents make 100k?

Insurance agents can potentially earn over $100,000, especially as they gain experience and build a client base. For instance, an Insurance Coverage Analyst has a salary range from $154,100 to $198,900, indicating that with dedication and effective sales strategies, agents can achieve or exceed this income level.

6. What type of analyst makes the most money?

The Insurance Coverage Analyst is among the highest-paid analysts, with a minimum salary of $154,100, a mid-range salary of $177,600, and a maximum salary reaching $198,900. This role typically involves evaluating insurance policies and ensuring compliance, contributing to its lucrative compensation.

7. What is the highest paid specialty in the US?

The highest-paid specialty in the US is Neurosurgery, with salaries significantly surpassing those of other fields. For instance, an Insurance Coverage Analyst earns between $154,100 and $198,900, with a median salary of $177,600. This highlights the lucrative nature of specialized medical professions, particularly in surgical fields.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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