As of January 01, 2025, the average annual salary for a Rate Analyst in Milford, CT is $112,494. Salary.com reports that pay typically ranges from $100,114 to $121,577, with most professionals earning between $88,843 and $129,846.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $107,305 | $8,942 | $2,064 | $52 |
| Average | $99,288 | $8,274 | $1,909 | $48 |
| 25th Percentile | $88,362 | $7,364 | $1,699 | $42 |
An entry-level Rate Analyst with under 1 year experience makes about $107,695. With less than 2 years of experience, a mid-level Rate Analyst makes around $108,062. After 2-4 years, the Rate Analyst pay rises to about $109,532. Those senior Rate Analyst with 5-8 years of experience earn roughly $114,426, and those Rate Analyst having 8 years or more experience are expected to earn about $116,444 on average.
| Levels | Salary |
|---|---|
| Entry Level Rate Analyst | $107,695 |
| Intermediate Level Rate Analyst | $108,062 |
| Senior Level Rate Analyst | $109,532 |
| Specialist Level Rate Analyst | $114,426 |
| Expert Level Rate Analyst | $116,444 |
| Entry Level | 8% |
| Mid Level | 9% |
| Senior Level | 10% |
| Top Level | 15% |
| Experienced | 17% |
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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
|
$122,618 |
9%
|
|
Collaboration
|
$120,368 |
7%
|
|
Telecommunications
|
$118,119 |
5%
|
|
Financial Analysis
|
$118,119 |
5%
|
|
Commitment
|
$118,119 |
5%
|
|
Effective Communication
|
$118,119 |
5%
|
