As of March 01, 2025, the average annual salary for a Rate Analyst in Memphis, TN is $77,505. Salary.com reports that pay typically ranges from $69,297 to $83,898, with most professionals earning between $61,824 and $89,719.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $89,539 | $7,462 | $1,722 | $43 |
| Average | $82,716 | $6,893 | $1,591 | $40 |
| 25th Percentile | $73,956 | $6,163 | $1,422 | $36 |
An entry-level Rate Analyst with under 1 year experience makes about $74,810. With less than 2 years of experience, a mid-level Rate Analyst makes around $75,055. After 2-4 years, the Rate Analyst pay rises to about $76,035. Those senior Rate Analyst with 5-8 years of experience earn roughly $79,413, and those Rate Analyst having 8 years or more experience are expected to earn about $80,845 on average.
| Levels | Salary |
|---|---|
| Entry Level Rate Analyst | $74,810 |
| Intermediate Level Rate Analyst | $75,055 |
| Senior Level Rate Analyst | $76,035 |
| Specialist Level Rate Analyst | $79,413 |
| Expert Level Rate Analyst | $80,845 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 4% |
| Experienced | 2% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Team Management
|
$84,480 |
9%
|
|
Collaboration
|
$82,930 |
7%
|
|
Telecommunications
|
$81,380 |
5%
|
|
Financial Analysis
|
$81,380 |
5%
|
|
Commitment
|
$81,380 |
5%
|
|
Effective Communication
|
$81,380 |
5%
|
