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Health Underwriting Cost Analyst Salary in the United States

How much does a Health Underwriting Cost Analyst make in the United States?

As of August 01, 2026, the average salary for a Health Underwriting Cost Analyst in the United States is $70,994 per year, which breaks down to an hourly rate of $34.

However, a Health Underwriting Cost Analyst's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $97,776
  • Majority Range (25th-75th percentile): $63,011 to $85,013
  • Entry-Level (10th percentile): $55,744
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Health Underwriting Cost Analyst Salaries

A Health Underwriting Cost Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location and company size can directly affect your earning potential.

How Do Health Underwriting Cost Analysts 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 Health Underwriting Cost Analysts. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $78,604.
  • California: $78,306.
  • Massachusetts: $77,263.

Top Paying Cities for Health Underwriting Cost Analyst

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: $89,544
  • San Francisco: $88,564
  • Oakland: $86,698

Health Underwriting Cost Analyst Salary by Company Size: Startups vs. Enterprise

Health Underwriting Cost Analyst salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $76,617. While startup companies pay approximate $64,972.

Health Underwriting Cost Analyst Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $64,972
Growth Stage 51~500 $68,682
Established 501~5000 $74,022
Enterprise 5000+ $76,617

Health Underwriting Cost Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Health Underwriting Cost Analyst'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, 2026
$63,011
Average $70,994/year
$85,013
$5,251
Average $5,916/month
$7,084
$1,212
Average $1,365/week
$1,635
$30
Average $34/hour
$41
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $85,013 $7,084 $1,635 $41
Average $70,994 $5,916 $1,365 $34
25th Percentile $63,011 $5,251 $1,212 $30

Health Underwriting Cost Analyst Salary Growth & Career Path

Health Underwriting Cost Analyst

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Health Underwriting Cost Analyst, 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
Health Underwriting Senior Cost Analyst $101,588 43%
Underwriter III - Life $92,697 31%
Senior Underwriter - Complex Medical $92,697 31%
Underwriter III - P&C $92,694 31%

Most common benefits for Health Underwriting Cost Analyst

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

Common company salaries for Health Underwriting Cost Analyst

Here are companies hiring for Health Underwriting Cost Analyst and their salaries, click below for more details.

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FAQ about Health Underwriting Cost Analyst

1. Where can a Health Underwriting Cost Analyst earn the most?

A Health Underwriting Cost Analyst's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Health Underwriting Cost Analyst earns the most in San Jose, CA, where the annual salary of a Health Underwriting Cost Analyst is $89,544.

2. What is the highest pay for Health Underwriting Cost Analyst?

The highest pay for Health Underwriting Cost Analyst is $97,776.

3. What is the lowest pay for Health Underwriting Cost Analyst?

The lowest pay for Health Underwriting Cost Analyst is $55,744.

4. What are the responsibilities of Health Underwriting Cost Analyst?

Responsible for analyzing medical trends, claims data, and financial risks to establish competitive, profitable premium rates for health insurance plans. Reviews past utilization patterns and medical cost drivers to forecast future health expenses. Utilizes statistical models to determine renewal rates, calculate new business premiums, and establish profitable pricing strategies. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.

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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