As of August 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:
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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.
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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Organizational Insurance Risk Analyst III | 4-7 years | $96,727 |
| Organizational Insurance Risk Analyst IV | 7+ years | $122,606 |
| Insurance Coverage Analyst V | 7-10 years | $141,861 |
| Insurance Coverage Supervisor | 10+ years | $107,224 |
| Organizational Insurance Risk Manager | 10+ years | $130,655 |
What Am I Worth?
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:
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 $158,849. While startup companies pay approximate $134,382.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $134,382 |
| Growth Stage | 51~500 | $142,125 |
| Established | 501~5000 | $153,397 |
| Enterprise | 5000+ | $158,849 |
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $173,118 | $83.0 | 22% |
| Aerospace & Defense | $167,442 | $81.0 | 18% |
| Pharmaceuticals | $163,185 | $78.0 | 15% |
| Internet | $158,928 | $76.0 | 12% |
| Construction | $156,090 | $75.0 | 10% |
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 August 01, 2026Promotions 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% |
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The Energy & Utilities industry offers the highest average compensation for Insurance Coverage Analyst V roles, with salaries approximately 22% above the market median.
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.
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.
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.
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.
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.
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.
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