How much does an Insurance Risk Analyst I make in the United States? The average Insurance Risk Analyst I salary in the United States is $65,740 as of February 26, 2020, but the range typically falls between $54,001 and $79,323. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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25% $54,001 10% $43,313 90% $91,689 75% $79,323 $65,740 50%(Median)
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Job Description

Insurance Risk Analyst I analyzes the insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals and financial reporting. Being an Insurance Risk Analyst I creates risk forecasting models and reporting using business intelligence tools. Collaborates with cross-functional teams to ensure reporting and processing of all policy audits, payments, claims, and renewals. Additionally, Insurance Risk Analyst I supports loss prevention and safety initiatives. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Insurance Risk Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Insurance Risk Analyst I typically requires 0-2 years of related experience. (Copyright 2020 Salary.com)

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Job Openings for Insurance Risk Analyst I
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Ronald G. DeVos , Vice President- Finance and Chief Financial Officer
Nathan's Famous, Inc., together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the... More
Fiscal Year Ended in 2019
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Average Base Salary

Core compensation

 
 
 
54001
79323
65740

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54942
85742
67503
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Analyst I in the United States. The base salary for Insurance Risk Analyst I ranges from $54,001 to $79,323 with the average base salary of $65,740. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,942 to $85,742 with the average total cash compensation of $67,503.
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54001
79323

 

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Skills associated with Insurance Risk Analyst I: Risk Assessment, Data Analytics, Data Modeling, Risk Analysis ...More

Salary estimation for Insurance Risk Analyst I at companies like : COOPER COS INC (THE), DETERMINE INC, LAM RESEARCH CORP