How Much Does an Insurance Financial Analyst Make in Maryland?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Insurance Financial Analyst in Maryland is $66,598. While Salary.com is seeing that Insurance Financial Analyst salary in MD can go up to $83,301 or down to $50,040, but most earn between $57,931 and $75,341. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Insurance Financial Analyst
Insurance Risk Analyst II
$76,065
Maryland
Per Year
Insurance Risk Analyst I
$66,761
Maryland
Per Year
Insurance Risk Analyst III
$99,829
Maryland
Per Year
Insurance Risk Analyst IV
$126,373
Maryland
Per Year
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Similar Job Salaries to Insurance Financial Analyst by Company

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Company average base salary in (usd) range
Risk Strategies
Insurance Financial Analyst
$89,072/yr
$80,781
$97,362
RANGE: $80,781 - $97,362
Children's National Hospital
Insurance Claims & Financial Analyst - Hybrid
$100,840/yr
$91,572
$110,107
RANGE: $91,572 - $110,107
$123,531/yr
$112,185
$134,877
RANGE: $112,185 - $134,877
Johns Hopkins Medicine
Financial Analyst
$92,793/yr
$83,627
$101,959
RANGE: $83,627 - $101,959
Compunnel Inc.
Financial Analyst
$89,807/yr
$81,433
$98,181
RANGE: $81,433 - $98,181
C3 Innovations, Inc.
Financial Analyst
$99,191/yr
$89,393
$108,990
RANGE: $89,393 - $108,990
DTLR, Inc.
Financial Analyst
$92,766/yr
$83,603
$101,929
RANGE: $83,603 - $101,929
$96,261/yr
$87,285
$105,237
RANGE: $87,285 - $105,237
Robert Half
Financial Analyst
$89,807/yr
$81,433
$98,181
RANGE: $81,433 - $98,181
Intralox
Financial Analyst
$105,471/yr
$95,133
$115,808
RANGE: $95,133 - $115,808

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Top 10 Highest Paying Cities For Insurance Financial Analyst Jobs in Maryland

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Insurance Financial Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Insurance Financial Analyst job salaries in Maryland. Some cities can pay higher salaries for Insurance Financial Analyst jobs, which can indicate that there is a large demand for Insurance Financial Analyst positions in this city.
The following table shows top 10 cities where the Insurance Financial Analyst salary is higher than other cities in Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Insurance Financial Analyst salary is $71,514 in Silver Spring, which is higher than the national average. There are 15 cities' Insurance Financial Analyst salary higher than national average in Maryland.
The average salary for an Insurance Financial Analyst in Maryland is $66,598, but we found that the city with the highest salary for Insurance Financial Analyst jobs is Silver Spring, MD, and it is higher than Bethesda. Insurance Financial Analyst jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $71,514 $5,959 $1,375 $34
Bethesda $71,514 $5,959 $1,375 $34
Potomac $71,468 $5,956 $1,374 $34
Rockville $71,430 $5,952 $1,374 $34
Bowie $71,365 $5,947 $1,372 $34
Waldorf $71,320 $5,943 $1,372 $34
Gaithersburg $71,320 $5,943 $1,372 $34
Germantown $69,595 $5,800 $1,338 $33
Frederick $69,227 $5,769 $1,331 $33
Baltimore $66,598 $5,550 $1,281 $32

What Does an Insurance Financial Analyst Do?

Analysts also interpret financial transactions and must verify documents for their compliance with government regulations.
Updated October 13, 2021
Financial analysts who uphold ethical standards do not simply follow the letter of the law; they follow the intention and spirit of the law.
Updated December 22, 2021
While some people may think that a financial analyst can exist somewhat in the background of an institution, deciphering numbers and producing resultant figures and charts, one should note that having excellent interpersonal skills is a huge asset.
Updated December 22, 2021
A chartered financial analyst, or CFA, is someone who has passed a series of intense exams and has obtained the relevant credential from the CFA Institute, which is based in the US.
Updated December 22, 2021
Perhaps the most prestigious (and highest-paid) financial analyst job is that of a sell-side analyst for a big investment bank.
Updated December 21, 2021

Frequently Asked Questions About an Insurance Financial Analyst Salaries

What is the average of an Insurance Financial Analyst in Maryland?

The Insurance Financial Analyst salary range is from $57,931 to $75,341, and the average Insurance Financial Analyst salary is $66,598/year in Maryland. The Insurance Financial Analyst's salary will change in different locations.

Which location pays the highest Insurance Financial Analyst salary in the United States?

The Insurance Financial Analyst salary in San Jose, CA is $81,467 which is the highest in the US.

What kinds of reasons will influence the Insurance Financial Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Insurance Financial Analyst.

What is the growth rate of the Insurance Financial Analyst's salary?

If you are thinking of becoming an Insurance Financial Analyst or planning the next step in your career, find the detailed salary report of an Insurance Financial Analyst.