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Policy Premium Rates Administrator I Salary in the United States

How much does a Policy Premium Rates Administrator I make in the United States?

As of September 01, 2026, the average salary for a Policy Premium Rates Administrator I in the United States is $42,100 per year, which breaks down to an hourly rate of $20.

However, a Policy Premium Rates Administrator I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $61,204
  • Majority Range (25th-75th percentile): $39,600 to $52,100
  • Entry-Level (10th percentile): $37,324

Key Factors That Influence Policy Premium Rates Administrator I Salaries

A Policy Premium Rates Administrator I'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, education and company size can directly affect your earning potential.

How Experience Level Affects Policy Premium Rates Administrator Salaries?

Experience is a primary driver of a Policy Premium Rates Administrator I'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:

  • Entry-Level (less than 1 year): $41,279
  • Early Career (1-2 years): $41,354
  • Mid-Level (2-4 years): $42,846
  • Senior-Level (5-8 years): $47,025
  • Expert (over 8 years): $47,324
Levels Salary
Entry Level Policy Premium Rates Administrator I$41,279
Intermediate Level Policy Premium Rates Administrator I$41,354
Senior Level Policy Premium Rates Administrator I$42,846
Specialist Level Policy Premium Rates Administrator I$47,025
Expert Level Policy Premium Rates Administrator I$47,324

Top Paying Cities for Policy Premium Rates Administrator Is

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: $53,100
  • San Francisco: $52,500
  • Oakland: $51,400

What Skills Can Increase a Policy Premium Rates Administrator I's Salary?

Demanded Skills for the Role:

  • Risk Management (Mentioned in 6.67% Job Postings): 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.
  • Insurance Policies (Mentioned in 4% Job Postings): insurance policies are a legal contract between the insurance company (the insurer) and the person(s), business, or entity being insured (the insured).
  • Work Ethic (Mentioned in 2.67% Job Postings): A belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities. A set of values centered on importance of work and manifested by determination or desire to work hard.
Skills Demand Percentage
Risk Management 6.67%
Insurance Policies 4%
Work Ethic 2.67%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Policy Premium Rates Administrator I's salary.

  • Insurance Policies: Can increase your salary by up to 71%.
  • Billing: Can increase your salary by up to 42%.
  • Commitment: Can increase your salary by up to 27%.
Skill Salary Salary % Increase
Insurance Policies $71,991
71%
Billing $59,782
42%
Commitment $53,467
27%

Policy Premium Rates Administrator I Salary by Company Size: Startups vs. Enterprise

Policy Premium Rates Administrator I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $45,464. While startup companies pay approximate $38,532.

Policy Premium Rates Administrator I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $38,532
Growth Stage 51~500 $40,740
Established 501~5000 $43,915
Enterprise 5000+ $45,464

Policy Premium Rates Administrator I Salary by Industry: Top Paying Sectors

For Policy Premium Rates Administrator I roles, the industry you choose can impact your earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 15% above the average. Conversely, Policy Premium Rates Administrator positions in Business Services typically offer lower base pay, as this sector often view Policy Premium Rates Administrator I as a support function rather than a direct revenue driver.

The top paying industries for a Policy Premium Rates Administrator I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$48,415$23.015%
Financial Services$44,205$21.05%

How Education impacts a Policy Premium Rates Administrator I's Salary?

Your level of education can impact your salary potential. While many Policy Premium Rates Administrator Is enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Policy Premium Rates Administrator I with a Associate's Degree is between $46,846 and $52,113).

Policy Premium Rates Administrator I Salaries by Degree Level

Typical Education for Policy Premium Rates Administrator I
Degree Level % of user with this level of education
No Diploma 16.7%
High School 16.7%
Associates 0.0%
Bachelors 83.3%
Masters 0.0%
Doctorate 0.0%

Policy Premium Rates Administrator I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Policy Premium Rates Administrator I'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
$39,600
Average $42,100/year
$52,100
$3,300
Average $3,508/month
$4,342
$762
Average $810/week
$1,002
$19
Average $20/hour
$25
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $52,100 $4,342 $1,002 $25
Average $42,100 $3,508 $810 $20
25th Percentile $39,600 $3,300 $762 $19

Policy Premium Rates Administrator I Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Policy Premium Rates Administrator I, 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.

Policy Premium Rates Administrator I Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Policy Premium Rates Administrator II $70,700 68%
Policy Change Operations Supervisor $82,300 95%
Policy Operations Clerk III $61,100 45%
New Healthcare Policy Manager $127,200 202%

Most common benefits for Policy Premium Rates Administrator I

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

Common company salaries for Policy Premium Rates Administrator I

Here are companies hiring for Policy Premium Rates Administrator I and their salaries, click below for more details.

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FAQ about Policy Premium Rates Administrator I

1. What industry pays the highest salary for Policy Premium Rates Administrator I?

The Insurance industry offers the highest average compensation for Policy Premium Rates Administrator I roles, with salaries approximately 15% above the market median.

2. What is the highest paid system administrator?

The salary range for a Policy Premium Rates Administrator is between $42,100 and $61,400, with a midpoint of $51,700. In comparison, higher-level positions like Systems Administrator IV and Systems Administrator Manager can earn significantly more, with salaries reaching up to $151,000 and $177,000 respectively.

3. What is the highest paid system administrator?

The salary range for a Policy Premium Rates Administrator is between $42,100 and $61,400, with a midpoint of $51,700. While some cities may offer higher salaries for system administrators, this specific role has a defined salary structure that reflects its responsibilities and market demand.

4. What type of officers get paid the most?

In the civilian sector, the Policy Premium Rates Administrator earns a salary ranging from $42,100 to $61,400 annually. This position, while not the highest in law enforcement, offers a competitive salary compared to other administrative roles within the field.

5. Do administrators make good money?

Administrators can earn a competitive salary, with the Policy Premium Rates Administrator position offering a minimum salary of $42,100, a mid-range salary of $51,700, and a maximum salary of $61,400. This indicates that administrators in this field can achieve a solid income compared to the broader range of wages seen across the United States.

6. What is the highest salary of an admin?

The highest salary that a Policy Premium Rates Administrator can earn is ₹61,400 per year.

7. What is the role of a premium administrator?

A Premium Administrator is responsible for billing, collecting, and allocating premiums. This includes processing new business acquisitions, monthly adjustments, terminations, decoupling, and reconciliations. They also manage third-party pay points to enhance net premium income and oversee in-house premium deductions. The salary for this role ranges from $42,100 to $61,400, with a midpoint of $51,700.

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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