As of April 01, 2025, the average annual salary for an Insurance Risk Analyst V in Phoenix, AZ is $139,275. Salary.com reports that pay typically ranges from $133,811 to $142,934, with most professionals earning between $128,837 and $146,265.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $144,699 | $12,058 | $2,783 | $70 |
| Average | $140,995 | $11,750 | $2,711 | $68 |
| 25th Percentile | $135,464 | $11,289 | $2,605 | $65 |
An entry-level Insurance Risk Analyst V with under 1 year experience makes about $137,073. With less than 2 years of experience, a mid-level Insurance Risk Analyst V makes around $137,481. After 2-4 years, the Insurance Risk Analyst V pay rises to about $137,644. Those senior Insurance Risk Analyst V with 5-8 years of experience earn roughly $138,459, and those Insurance Risk Analyst V having 8 years or more experience are expected to earn about $139,112 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Risk Analyst V | $137,073 |
| Intermediate Level Insurance Risk Analyst V | $137,481 |
| Senior Level Insurance Risk Analyst V | $137,644 |
| Specialist Level Insurance Risk Analyst V | $138,459 |
| Expert Level Insurance Risk Analyst V | $139,112 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 1% |
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