As of March 01, 2025, the average annual salary for an Organizational Insurance Risk Analyst II in New Bedford, MA is $88,600. Salary.com reports that pay typically ranges from $77,500 to $100,500, with most professionals earning between $67,394 and $111,334.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $100,500 | $8,375 | $1,933 | $48 |
| Average | $88,600 | $7,383 | $1,704 | $43 |
| 25th Percentile | $77,500 | $6,458 | $1,490 | $37 |
An entry-level Organizational Insurance Risk Analyst II with under 1 year experience makes about $84,918. With less than 2 years of experience, a mid-level Organizational Insurance Risk Analyst II makes around $85,256. After 2-4 years, the Organizational Insurance Risk Analyst II pay rises to about $89,602. Those senior Organizational Insurance Risk Analyst II with 5-8 years of experience earn roughly $95,002, and those Organizational Insurance Risk Analyst II having 8 years or more experience are expected to earn about $95,387 on average.
| Levels | Salary |
|---|---|
| Entry Level Organizational Insurance Risk Analyst II | $84,918 |
| Intermediate Level Organizational Insurance Risk Analyst II | $85,256 |
| Senior Level Organizational Insurance Risk Analyst II | $89,602 |
| Specialist Level Organizational Insurance Risk Analyst II | $95,002 |
| Expert Level Organizational Insurance Risk Analyst II | $95,387 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 7% |
| Experienced | 8% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Service Delivery: Creating and implementing innovative strategic plans and solutions to address customer concerns and needs and meet service delivery expectations.
Loss Prevention: Loss prevention refers to measures taken to prevent the loss of life, health, and property. In the workplace, this involves preventing accidents, reducing risks, and controlling known hazards.
| Skill | Salary | Demand |
|---|---|---|
|
Program Management
|
$109,864 |
24%
|
|
Project Management
|
$107,206 |
21%
|
|
Verbal Communication
|
$103,662 |
17%
|
|
Products and Services
|
$103,662 |
17%
|
|
PowerPoint
|
$102,776 |
16%
|
|
Presentation
|
$102,776 |
16%
|
