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Loss Mitigation Analyst Salary in Newark, NJ

How much does a Loss Mitigation Analyst make in Newark, NJ? The salary range for a Loss Mitigation Analyst job is from $55,933 to $72,384 per year in Newark, NJ. Click on the filter to check out Loss Mitigation Analyst job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$63,872
Per Year
The average salary for a Loss Mitigation Analyst is $63,872
per Year in Newark, NJ.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$55,933
$63,872
Medium
$72,384

Highest Paying Cities for Loss Mitigation Analyst near Newark, NJ

We list eight cities that pay high wages to Loss Mitigation Analyst near Newark. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Loss Mitigation Analyst pay level in these cities.

States with Higher Salaries for Loss Mitigation Analyst

Here are the top five states that pay the highest Loss Mitigation Analyst salary in the United States. District of Columbia takes first place with the highest Loss Mitigation Analyst salary is $62,911 per Year. California and New Jersey take the second and third place with $62,346 per Year and $61,950 per Year in the list. A higher average Loss Mitigation Analyst salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Newark, NJ?

The following job titles have similar responsibilities as a Loss Mitigation Analyst. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Loss Mitigation Specialist
Average salary
United States
$97,463
per Year
Loss Mitigation Manager
Average salary
United States
$138,278
per Year
Loss Mitigation Underwriter
Average salary
United States
$95,454
per Year
Loss Mitigation Supervisor
Average salary
United States
$133,819
per Year
Abuse Mitigation and Compliance Analyst
Average salary
United States
$86,087
per Year
Loss Prevention Analyst
Average salary
United States
$67,065
per Year

How Much Should You Be Earning?

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What Does a Loss Mitigation Analyst Do?

However, 16.7% were borrowers who did not make their monthly payments and did not have a loss mitigation plan.

December 17, 2021

The role is responsible for overseeing the day-to-day productivity of direct reports and monitoring reports to ensure Loss Mitigation department efficiency.

December 08, 2021

The OCC requested that the bank develop an effective default operations program concerning loss mitigation, foreclosure, and claims activities.

November 10, 2021

The Loss Mitigation Supervisor manages employees, sets objectives, and assigns work/projects related their area(s) of expertise and supervision.

October 07, 2021

Most Common Benefits for Loss Mitigation Analyst

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Loss Mitigation Analyst
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However, 16.7% were borrowers who did not make their monthly payments and did not have a loss mitigation plan.
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Explore our personal salary report to know the Loss Mitigation Analyst market value in Newark, NJ. And find out if any places are having a higher Loss Mitigation Analyst salary.
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The average salary of a Loss Mitigation Analyst is $63,872 in Newark, NJ.
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