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Insurance Product Development Analyst II Salary in the United States

How much does an Insurance Product Development Analyst II make in the United States?

As of July 01, 2026, the average salary for an Insurance Product Development Analyst II in the United States is $88,333 per year, which breaks down to an hourly rate of $42.

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

  • Top Earners (90th percentile): $118,372
  • Majority Range (25th-75th percentile): $77,895 to $104,057
  • Entry-Level (10th percentile): $68,392
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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $77,895 10% $68,392 90% $118,372 75% $104,057 $88,333 50%(Median) Didn’t find job title? Click

Insurance Product Development Analyst II Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $104,057 $8,671 $2,001 $50
Average $88,333 $7,361 $1,699 $42
25th Percentile $77,895 $6,491 $1,498 $37
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Key Factors That Influence Insurance Product Development Analyst II Salaries

An Insurance Product Development Analyst II'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.

Top Paying Cities for Insurance Product Development Analyst IIs

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: $111,415
  • San Francisco: $110,195
  • Oakland: $107,873

Insurance Product Development Analyst II Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $95,469. While startup companies pay approximate $80,909.

Insurance Product Development Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup1~50$80,909
Growth Stage51~500$85,538
Established501~5000$92,238
Enterprise5000+$95,469

Insurance Product Development Analyst II Salary by Industry: Top Paying Sectors

For Insurance Product Development Analyst II roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 40% above the average. In contrast, Insurance Product Development Analyst positions in Business Services or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Insurance Product Development Analyst II as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Product Development Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$123,667$59.040%
Insurance$106,000$51.020%

Insurance Product Development Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Product Development Analyst II'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.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on July 01, 2026
$77,895
Average $88,333/year
$104,057
$6,491
Average $7,361/month
$8,671
$1,498
Average $1,699/week
$2,001
$37
Average $42/hour
$50
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $104,057 $8,671 $2,001 $50
Average $88,333 $7,361 $1,699 $42
25th Percentile $77,895 $6,491 $1,498 $37

Insurance Product Development Analyst II Salary Growth & Career Path

Insurance Product Development Analyst II
Insurance Product Development Analyst III
Insurance Product Research Analyst
SVP of Insurance Product Development

Promotions are the fastest way to increase your earnings. As an Insurance Product Development Analyst II, 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.

Insurance Product Development Analyst II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Insurance Product Development Analyst III $109,897 24%
Insurance Product Research Analyst $102,772 16%

Salaries of jobs related to Insurance Product Development Analyst II

Most common benefits for Insurance Product Development Analyst II

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Common company salaries for Insurance Product Development Analyst II

Here are companies hiring for Insurance Product Development Analyst II and their salaries, click below for more details.

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Ready to take the next step in your career? Browse thousands of current Insurance Product Development Analyst II job openings on our job board. Use the search bar below to find your perfect match.

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FAQ about Insurance Product Development Analyst II

1. Where can an Insurance Product Development Analyst II earn the most?

An Insurance Product Development Analyst II'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, an Insurance Product Development Analyst II earns the most in San Jose, CA, where the annual salary of an Insurance Product Development Analyst II is $111,415.

2. What is the highest pay for Insurance Product Development Analyst II?

The highest pay for Insurance Product Development Analyst II is $118,372.

3. What is the lowest pay for Insurance Product Development Analyst II?

The lowest pay for Insurance Product Development Analyst II is $68,392.

4. What are the responsibilities of Insurance Product Development Analyst II?

Responsible for designing, developing, and enhancing insurance products. Monitors industry trends, competitor filings, and consumer needs to identify opportunities for innovation. Analyzes market trends and customer feedback to determine the strategic direction for product offerings. Collaborates with teams across the organization to launch products, create supporting documentation, and ensure successful delivery. Stays current on applicable laws and regulations to ensure compliance. 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.

5. What industry pays the highest salary for Insurance Product Development Analyst II?

The Financial Services industry offers the highest average compensation for Insurance Product Development Analyst II roles, with salaries approximately 40% above the market median.

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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