How much does an Insurance Risk Analyst III make in Alameda, CA? The average Insurance Risk Analyst III salary in Alameda, CA is $124,603 as of August 27, 2024, but the range typically falls between $108,972 and $140,932. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Insurance Risk Analyst III Salary | $94,741 | Alameda,CA | August 27, 2024 |
25th Percentile Insurance Risk Analyst III Salary | $108,972 | Alameda,CA | August 27, 2024 |
50th Percentile Insurance Risk Analyst III Salary | $124,603 | Alameda,CA | August 27, 2024 |
75th Percentile Insurance Risk Analyst III Salary | $140,932 | Alameda,CA | August 27, 2024 |
90th Percentile Insurance Risk Analyst III Salary | $155,798 | Alameda,CA | August 27, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
PowerPoint: A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.
What Should I Pay?
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. Evaluates insurance proposals and makes recommendations. Additionally, Insurance Risk Analyst III negotiates insurance premiums and coverage terms directly with insurance companies and/or through brokers. Collaborates with cross-functional teams to ensure reporting and processing of all policy audits, payments, claims, and renewals. Supports loss prevention and safety initiatives. Reviews insurance policies for accuracy and works with brokers and underwriters to resolve discrepancies. Requires a bachelor's degree. Typically reports to a 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 2024 Salary.com)... View full job description
See user submitted job responsibilities for Insurance Risk Analyst III.
Salary.com job board provides millions of Insurance Risk Analyst III information for you to search for. Click on search button below to see Insurance Risk Analyst III job openings or enter a new job title here.
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Insurance Risk Analyst III, the first career path typically progresses to E-commerce Risk Director.
The second career path typically starts with an Insurance Risk Analyst IV position, and then progresses to Insurance Risk Analyst V.
The third career path typically starts with a Risk Analyst IV position, and then progresses to Risk Analyst V.
Additionally, the fourth career path typically progresses to Workers' Compensation Claims Manager.
Salary.com's CompAnalyst platform offers:
Insurance Risk Analyst III salary varies from city to city. Compared with national average salary of Insurance Risk Analyst III, the highest Insurance Risk Analyst III salary is in San Francisco, CA, where the Insurance Risk Analyst III salary is 25.0% above. The lowest Insurance Risk Analyst III salary is in Miami, FL, where the Insurance Risk Analyst III salary is 3.5% lower than national average salary.
City, State | Compared to national average |
---|---|
City, State San Francisco, CA |
Compared to national average
|
City, State Washington, DC |
Compared to national average
|
City, State Miami, FL |
Compared to national average
|
City, State Chicago, IL |
Compared to national average
|
City, State Boston, MA |
Compared to national average
|
City, State New York, NY |
Compared to national average
|
City, State Dallas, TX |
Compared to national average
|
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Insurance Risk Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Analyst V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Insurance Risk Analyst III salary of your education level.
Insurance Risk Analyst III salary varies from country to country. There are several factors that mainly impact the Insurance Risk Analyst III salary, including cost of living, economic conditions, market rates and legal differences. Click below to Insurance Risk Analyst III salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Insurance Risk Analyst III salary varies from category to category. Click below to see Insurance Risk Analyst III salary in different categories.
Take just three simple steps below to generate your own personalized salary report
Core compensation
Includes base and annual incentives
About Alameda, California Alameda (/ˌæləˈmiːdə/ AL-ə-MEE-də; Spanish: [ala'meða]) is a city in Alameda County, California, United States. It is located on Alameda Island and Ba....More
Alameda, California area prices were up 4.5% from a year ago View the Cost of Living in Alameda, California
Insurance Risk Analyst III Salary in popular cities: Los Angeles, San Diego, San Jose
Skills associated with Insurance Risk Analyst III: Risk Analysis, Governance, Risk & Compliance Software, Risk Control, Risk Identification Model ...More
Recently searched related titles: Materials Research Engineer, Workday Integrations Consultant
Salary estimation for Insurance Risk Analyst III at companies like : TechSkills of California, Bixby Center for Global Reproductive Health I UCSF, VEF INTERNATIONAL Inc
Jobs with a similar salary range to Insurance Risk Analyst III : It Project Consultant