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 $65,458 as of May 27, 2022, but the range typically falls between $56,281 and $76,622. 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, helps you determine your exact pay target. 

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Jobs with a similar salary range to Insurance Risk Analyst I : Medical Associate, Senior Purchasing Agent

Based on HR-reported data: a national average with a geographic differential
25% $56,281 10% $47,926 90% $86,787 75% $76,622 $65,458 50%(Median)
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Check out Insurance Risk Analyst jobs in Virginia

Sr. Budget Analyst

Watermark Risk Management International, LLC - Arlington, VA

Account Engineer I

FM Global - Burke, VA

Senior Human Resources Business Partner

Avenu Insights & Analytics - Centreville, VA

Job Description for Insurance Risk Analyst I

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 2022 View full job description

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Job Openings for Insurance Risk Analyst I
Those that have already made the climb...
Ronald G. DeVos, Former Vice President-Finance, Chief Financial Officer and Secretary
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 2021
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average

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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 $56,281 to $76,622 with the average base salary of $65,458. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,671 to $81,849 with the average total cash compensation of $67,676.
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Skills associated with Insurance Risk Analyst I: Risk Analysis, Risk Control, Coverage Evaluation, Data Analytics ...More

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