How much does an Insurance Accountant make? The average Insurance Accountant salary is $59,581 as of October 28, 2020, but the salary range typically falls between $49,582 and $71,403. 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.
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What does an Insurance Accountant do?
Insurance Accountant
Compile and analyze financial statements for client programs.
December 04, 2019
Supervise a Junior/Staff Accountant.
December 24, 2019
Act as a resource for other team members.
February 12, 2020
Assist in the processing of accounting entries in the general ledger, including coordination with investment manager for investment-related accounts as well as maintenance of fees and expenses.
April 23, 2020
Support preparation of Statutory financial statements and supporting schedules according to the quarterly and annual schedule.
May 15, 2020
Contributes ideas and skills to team.
June 20, 2020
Prepare and file income tax, excise and premium tax, and statutory reports for client programs.
June 30, 2020
Insurance Accountant Salary in Major Cities
This chart shows the salary comparison for Insurance Accountant between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Insurance Accountant in each city.
Insurance Accountant Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Insurance Accountant Salary by City
Click to see the salary for Insurance Accountant in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $74,476 |
| Washington, DC | $66,325 |
| Miami, FL | $58,002 |
| Chicago, IL | $63,208 |
| Boston, MA | $67,129 |
| New York, NY | $71,675 |
| Dallas, TX | $59,193 |
If you'd like know Insurance Accountant Salary in other cities, then please select a city in
Average Salary Range for Insurance Accountant
Average Base Salary
Core compensation
49582
71403
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Insurance Accountant in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Accountant in the United States. The base salary for Insurance Accountant ranges from $49,582 to $71,403 with the average base salary of $59,581. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $60,247 to $86,762 with the average total cash compensation of $72,391.
View Average Salary for Insurance Accountant as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $59,581 | $49,582 - $71,403 |
| Bonus | $12,810 | $10,665 - $15,359 |
| Total Pay | $72,391 | $60,247 - $86,762 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Insurance Accountant online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Insurance Accountant, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Insurance Accountant
What's the difference between Certified Public Accountant (CPA) and Insurance Accountant?
According to our latest salary estimation on October 28, 2020. The average salary of Insurance Accountant is $59,581, and the average salary of Certified Public Accountant (CPA) is $0. The average salary of Certified Public Accountant (CPA) is lower than Insurance Accountant. ( 2020-10-28 salary.com )
I am an Insurance Accountant, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Insurance Accountant. an Insurance Accountant Salary in New Britain, CT is $64,348 as of October 28, 2020; an Insurance Accountant Salary in Barnstable, MA is $62,829 as of October 28, 2020. ( 2020-10-28 salary.com )
Insurance Accountant Frequently Asked Questions
Why does the salary of an Insurance Accountant vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Insurance Accountant?
Salary ranges for an Insurance Accountant can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020