How much does an Insurance Risk Analyst III make in the United States? The average Insurance Risk Analyst III salary in the United States is $89,959 as of February 26, 2020, but the range typically falls between $76,200 and $102,097. 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% $76,200 10% $63,673 90% $113,147 75% $102,097 $89,959 50%(Median)
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Job Description

Insurance Risk Analyst III 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 III 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 III supports loss prevention and safety initiatives. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Insurance Risk Analyst III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Insurance Risk Analyst III typically requires 4 -7 years of related experience. (Copyright 2020 Salary.com)

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Job Openings for Insurance Risk Analyst III
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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

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76200
102097
89959

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
78664
109773
92920
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Analyst III in the United States. The base salary for Insurance Risk Analyst III ranges from $76,200 to $102,097 with the average base salary of $89,959. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,664 to $109,773 with the average total cash compensation of $92,920.
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76200
102097

 

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Skills associated with Insurance Risk Analyst III: Risk Identification Model, Claim Settlement Policies, Coverage Evaluation, Data Modeling ...More

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