As of April 01, 2025, the average annual salary for a Rate Analyst in Suffolk, VA is $93,033. Salary.com reports that pay typically ranges from $82,789 to $100,544, with most professionals earning between $73,462 and $107,382.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $107,361 | $8,947 | $2,065 | $52 |
| Average | $99,341 | $8,278 | $1,910 | $48 |
| 25th Percentile | $88,402 | $7,367 | $1,700 | $43 |
An entry-level Rate Analyst with under 1 year experience makes about $89,017. With less than 2 years of experience, a mid-level Rate Analyst makes around $89,321. After 2-4 years, the Rate Analyst pay rises to about $90,535. Those senior Rate Analyst with 5-8 years of experience earn roughly $94,581, and those Rate Analyst having 8 years or more experience are expected to earn about $96,249 on average.
| Levels | Salary |
|---|---|
| Entry Level Rate Analyst | $89,017 |
| Intermediate Level Rate Analyst | $89,321 |
| Senior Level Rate Analyst | $90,535 |
| Specialist Level Rate Analyst | $94,581 |
| Expert Level Rate Analyst | $96,249 |
| Entry Level | 10% |
| Mid Level | 10% |
| Senior Level | 9% |
| Top Level | 5% |
| Experienced | 3% |
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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
|
$101,406 |
9%
|
|
Collaboration
|
$99,545 |
7%
|
|
Telecommunications
|
$97,685 |
5%
|
|
Financial Analysis
|
$97,685 |
5%
|
|
Commitment
|
$97,685 |
5%
|
|
Effective Communication
|
$97,685 |
5%
|
