How much does a Rating Specialist make in American Fork, UT? The average Rating Specialist salary in American Fork, UT is $47,585 as of August 27, 2024, but the range typically falls between $38,761 and $56,586. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Rating Specialist Salary | $30,728 | American Fork,UT | August 27, 2024 |
25th Percentile Rating Specialist Salary | $38,761 | American Fork,UT | August 27, 2024 |
50th Percentile Rating Specialist Salary | $47,585 | American Fork,UT | August 27, 2024 |
75th Percentile Rating Specialist Salary | $56,586 | American Fork,UT | August 27, 2024 |
90th Percentile Rating Specialist Salary | $64,780 | American Fork,UT | August 27, 2024 |
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.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Data Gathering: Data collection is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
Skill | Salary | Demand |
---|---|---|
Confidentiality
|
$56,626 |
19%
|
Underwriting
|
$49,488 |
4%
|
Underwriting
|
$49,488 |
4%
|
Underwriting
|
$49,488 |
4%
|
Underwriting
|
$49,488 |
4%
|
What Should I Pay?
Rating Specialist is responsible for calculating insurance premiums based on rate books, calculators, and the type and amount of policy. Revises rates as necessary and maintains records and appropriate filings. Being a Rating Specialist requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Rating Specialist works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Rating Specialist typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Rating Specialist.
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Rating Specialist, the first career path typically progresses to Policy Change Supervisor.
Salary.com's CompAnalyst platform offers:
Rating Specialist salary varies from city to city. Compared with national average salary of Rating Specialist, the highest Rating Specialist salary is in San Francisco, CA, where the Rating Specialist salary is 25.0% above. The lowest Rating Specialist salary is in Miami, FL, where the Rating Specialist salary is 3.5% lower than national average salary.
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Jobs with different levels of education may pay very differently. Check the Rating Specialist salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Rating Specialist salary varies from category to category. Click below to see Rating Specialist salary in different categories.
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Includes base and annual incentives
About American Fork, Utah American Fork is a city in north-central Utah County, Utah, United States, at the foot of Mount Timpanogos in the Wasatch Range, north of Utah Lake. I....More
American Fork, Utah area prices were up 2.3% from a year ago View the Cost of Living in American Fork, Utah
Rating Specialist Salary in popular cities: Salt Lake City, Provo, West Jordan
Skills associated with Rating Specialist: Insurance Software, Calculate Ratings, Calculate Payments/Premiums, Insurance Regulatory Guidelines ...More
Jobs with a similar salary range to Rating Specialist : Rating Analyst, Client Success Specialist, Filtration Specialist
Salary estimation for Rating Specialist at companies like : Coon Memorial Hospital LLC, Mobile Supply Company Inc, Gabriel Performance Products
Jobs with a similar salary range to Rating Specialist : Insurance Rater, Location Assistant, Ratings Analyst