Insurance Risk Analyst Salary in Michigan Comparison by Location
Nationwide
United States
$84,455
Michigan
United States
$83,171
How much does an Insurance Risk Analyst earn in Michigan
As of April 01, 2025, an Insurance Risk Analyst in Michigan earns
an average salary of $83,171 per year.
An Insurance Risk Analyst's salary in Michigan 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 $40 an hour
or $1,599/week
or $6,931/month.
The average salary of an Insurance Risk Analyst ranges
from $73,482 to $95,480.
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.
Michigan is ranked 22th 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 Michigan?
Below is a list of the average salaries for an Insurance Risk Analyst in 10 cities in Michigan.
We've identified 146 cities where the typical salary for
an Insurance Risk Analyst job is above the average in Michigan.
The top-paid city for Insurance Risk Analyst is Saline
and the average salary for an Insurance Risk Analyst job is earned $84,903
which is higher than the average in Michigan.
This is followed by Ypsilanti and Ann Arbor in second and third places,
which beat the average in Michigan
by $1,731(2.08%)
and $1,731(2.08%) respectively. In fourth place is Dexter with a salary of $84,903,
which is higher than the Michigan average salary. Whitmore Lake and Bridgewater continue the rankings.
Based on the summary of average salaries paid by cities in Michigan,
the Insurance Risk Analyst job market in Saline is relatively active
with a higher salary paid to compare to other cities in Michigan.
Finally, Insurance Risk Analyst jobs pay differently by city, even if they are in Michigan.
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
Saline
$84,903
$7,075
$1,633
$41
Ypsilanti
$84,903
$7,075
$1,633
$41
Ann Arbor
$84,903
$7,075
$1,633
$41
Dexter
$84,903
$7,075
$1,633
$41
Whitmore Lake
$84,860
$7,072
$1,632
$41
Bridgewater
$84,860
$7,072
$1,632
$41
Salem
$84,810
$7,067
$1,631
$41
Whittaker
$84,810
$7,067
$1,631
$41
Willis
$84,810
$7,067
$1,631
$41
Milan
$84,767
$7,064
$1,630
$41
What Similar Jobs are Paid to Insurance Risk Analyst in Michigan?
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 $63,763 to $138,860,
and the Organizational Insurance Risk Analyst V gets the highest paid with $138,860 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 Michigan.