Insurance Risk Analyst Salary in Indiana

Insurance Risk Analyst Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Risk Analyst Salary $63,026 IN April 01, 2025
25th Percentile Insurance Risk Analyst Salary $71,624 IN April 01, 2025
50th Percentile Insurance Risk Analyst Salary $81,068 IN April 01, 2025
75th Percentile Insurance Risk Analyst Salary $93,066 IN April 01, 2025
90th Percentile Insurance Risk Analyst Salary $103,989 IN April 01, 2025
25% $71,624 10% $63,026 90% $103,989 75% $93,066 $81,068 50%(Median) Didn’t find job title? Click

How much does an Insurance Risk Analyst earn in Indiana

As of April 01, 2025, an Insurance Risk Analyst in Indiana earns an average salary of $81,068 per year.
An Insurance Risk Analyst's salary in Indiana can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $39 an hour or $1,559/week or $6,756/month.
The average salary of an Insurance Risk Analyst ranges from $71,624 to $93,066. The average salary range for an Insurance Risk Analyst varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Indiana is ranked 30th out of 51 states nationwide for Insurance Risk Analyst salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Insurance Risk Analyst jobs, with more online, real-time compensation data than any other website.

What is the Average Insurance Risk Analyst Salary by City in Indiana?

Below is a list of the average salaries for an Insurance Risk Analyst in 10 cities in Indiana. We've identified 141 cities where the typical salary for an Insurance Risk Analyst job is above the average in Indiana. The top-paid city for Insurance Risk Analyst is Lowell and the average salary for an Insurance Risk Analyst job is earned $84,218 which is higher than the average in Indiana.
This is followed by Hebron and East Chicago in second and third places, which beat the average in Indiana by $3,015(3.72%) and $2,922(3.60%) respectively. In fourth place is Gary with a salary of $83,990, which is higher than the Indiana average salary. Griffith and Hammond continue the rankings.
Based on the summary of average salaries paid by cities in Indiana, the Insurance Risk Analyst job market in Lowell is relatively active with a higher salary paid to compare to other cities in Indiana.
Finally, Insurance Risk Analyst jobs pay differently by city, even if they are in Indiana. The cost of living might be a key factor when considering the location and salary of an Insurance Risk Analyst position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Lowell $84,218 $7,018 $1,620 $40
Hebron $84,083 $7,007 $1,617 $40
East Chicago $83,990 $6,999 $1,615 $40
Gary $83,990 $6,999 $1,615 $40
Griffith $83,990 $6,999 $1,615 $40
Hammond $83,990 $6,999 $1,615 $40
Highland $83,990 $6,999 $1,615 $40
Hobart $83,990 $6,999 $1,615 $40
Lake Station $83,990 $6,999 $1,615 $40
Merrillville $83,990 $6,999 $1,615 $40

What Similar Jobs are Paid to Insurance Risk Analyst in Indiana?

There are 10 jobs that we find are related to the Insurance Risk Analyst job category,these similar jobs include Insurance Risk Analyst I,Insurance Risk Analyst II,Insurance Risk Analyst III,Insurance Risk Analyst IV,Insurance Risk Analyst V,Organizational Insurance Risk Analyst I,Organizational Insurance Risk Analyst II,Organizational Insurance Risk Analyst III,Organizational Insurance Risk Analyst IV,and Organizational Insurance Risk Analyst V.
All of these 10 jobs are paid between $62,151 to $135,350, and the Organizational Insurance Risk Analyst V gets the highest paid with $135,350 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the Insurance Risk Analyst, you could refer to the below list of job salaries based on market prices in Indiana.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Insurance Risk Analyst I $62,151 $5,179 $1,195 $30
Insurance Risk Analyst II $70,813 $5,901 $1,362 $34
Insurance Risk Analyst III $92,936 $7,745 $1,787 $45
Insurance Risk Analyst IV $117,646 $9,804 $2,262 $57
Insurance Risk Analyst V $135,341 $11,278 $2,603 $65
Organizational Insurance Risk Analyst I $62,200 $5,183 $1,196 $30
Organizational Insurance Risk Analyst II $70,900 $5,908 $1,363 $34
Organizational Insurance Risk Analyst III $93,000 $7,750 $1,788 $45
Organizational Insurance Risk Analyst IV $117,700 $9,808 $2,263 $57
Organizational Insurance Risk Analyst V $135,350 $11,279 $2,603 $65
Check out Insurance Risk Analyst jobs in Indiana

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Merchants Bancorp - Carmel, IN

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Colliers International - Gary, IN

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