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Insurance Risk Analyst V Salary in the United States

How much does an Insurance Risk Analyst V make in the United States?

As of September 01, 2026, the average salary for an Insurance Risk Analyst V in the United States is $141,863 per year, which breaks down to an hourly rate of $68.

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

  • Top Earners (90th percentile): $171,868
  • Majority Range (25th-75th percentile): $138,678 to $157,569
  • Entry-Level (10th percentile): $135,778
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Insurance Risk Analyst V Salaries

An Insurance Risk Analyst V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Risk Analyst V Salaries?

Experience is a primary driver of an Insurance Risk Analyst V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Insurance Risk Analyst III (4-7 years): $96,720
  • Insurance Risk Analyst IV (7+ years): $122,610
  • Insurance Risk Analyst V (7-10 years): $141,863
  • Insurance Risk Supervisor (10+ years): $107,223
  • Insurance Risk Manager (10+ years): $130,657
Job Role Years of Experience Average Salary
Insurance Risk Analyst III4-7 years$96,720
Insurance Risk Analyst IV7+ years$122,610
Insurance Risk Analyst V7-10 years$141,863
Insurance Risk Supervisor10+ years$107,223
Insurance Risk Manager10+ years$130,657
View as Graph

How Do Insurance Risk Analyst V Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Risk Analyst Vs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $157,071.
  • California: $156,475.
  • Massachusetts: $154,390.

Top Paying Cities for Insurance Risk Analyst Vs

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: $178,932
  • San Francisco: $176,973
  • Oakland: $173,243

Insurance Risk Analyst V Salary by Company Size: Startups vs. Enterprise

Insurance Risk Analyst V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $158,538. While startup companies pay approximate $134,107.

Insurance Risk Analyst V Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $134,107
Growth Stage 51~500 $141,831
Established 501~5000 $153,089
Enterprise 5000+ $158,538

Insurance Risk Analyst V Salary by Industry: Top Paying Sectors

For Insurance Risk Analyst V roles, the industry you choose can affect earning potential by as much as 42% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Aerospace & Defense sectors offer the strongest compensation, at 22% above the average. In contrast, Insurance Risk Analyst positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Insurance Risk Analyst V as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Risk Analyst V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$173,073$83.022%
Aerospace & Defense$167,398$80.018%
Pharmaceuticals$163,142$78.015%
Internet$158,887$76.012%
Construction$156,049$75.010%

Insurance Risk Analyst V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Risk Analyst V'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.

Last Updated on September 01, 2026
$138,678
Average $141,863/year
$157,569
$11,557
Average $11,822/month
$13,131
$2,667
Average $2,728/week
$3,030
$67
Average $68/hour
$76
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $157,569 $13,131 $3,030 $76
Average $141,863 $11,822 $2,728 $68
25th Percentile $138,678 $11,557 $2,667 $67

Insurance Risk Analyst V Salary Growth & Career Path

Insurance Risk Analyst V

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As an Insurance Risk Analyst V, 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.

Next Step Role Estimate Salary Projected Raise
E-commerce Risk Director $156,694 10%
Insurance Risk Supervisor $107,223 -24%
Risk Management Supervisor $110,260 -22%

Most common benefits for Insurance Risk Analyst V

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Insurance Risk Analyst V

Here are companies hiring for Insurance Risk Analyst V and their salaries, click below for more details.

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FAQ about Insurance Risk Analyst V

1. Where can an Insurance Risk Analyst V earn the most?

An Insurance Risk Analyst V'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 Risk Analyst V earns the most in San Jose, CA, where the annual salary of an Insurance Risk Analyst V is $178,932.

2. What is the highest pay for Insurance Risk Analyst V?

The highest pay for Insurance Risk Analyst V is $171,868.

3. What is the lowest pay for Insurance Risk Analyst V?

The lowest pay for Insurance Risk Analyst V is $135,778.

4. What are the responsibilities of Insurance Risk Analyst V?

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. Creates risk forecasting models and reporting using business intelligence tools. Evaluates insurance proposals and makes recommendations. 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. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience.

5. What industry pays the highest salary for Insurance Risk Analyst V?

The Energy & Utilities industry offers the highest average compensation for Insurance Risk Analyst V roles, with salaries approximately 22% 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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