How much does an Insurance Business Analyst make? The average Insurance Business Analyst salary is $65,298 as of October 28, 2020, but the salary range typically falls between $55,593 and $79,010. 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 Business Analyst do?
Insurance Business Analyst
Supporting the testing activities and coordinates with IT and serves as user acceptance tester (UAT) for selected business units.
December 31, 2019
Develop and maintain current knowledge of EIS suite of Products (specifically billing and commissions) as well as understanding their overall impact on.
January 16, 2020
Act to resolve issues which prevent effective team working, even during times of change and uncertainty.
March 17, 2020
Communicate with the equities sales force and traders, clients and company managements.
March 21, 2020
Collaborate with Operations (Underwriting, claims and marketing) to design and lead business intelligence projects, and initiatives.
April 04, 2020
Manage a variety of viewpoints to build consensus and create positive outcomes for all parties.
April 18, 2020
Reviews operational procedures and methods and recommends changes for improvement with an emphasis on automation and efficiency.
April 19, 2020
Insurance Business Analyst Salary in Major Cities
This chart shows the salary comparison for Insurance Business Analyst 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 Business Analyst in each city.
Insurance Business Analyst Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
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- Georgia
- Hawaii
- Iowa
- Idaho
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- Indiana
- Kansas
- Kentucky
- Louisiana
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- Maryland
- Maine
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- Minnesota
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- New Jersey
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- Nevada
- New York
- Ohio
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- Pennsylvania
- Rhode Island
- South Carolina
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- Tennessee
- Texas
- Utah
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- Wisconsin
- West Virginia
- Wyoming
Insurance Business Analyst Salary by City
Click to see the salary for Insurance Business Analyst in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $81,623 |
| Washington, DC | $72,690 |
| Miami, FL | $63,568 |
| Chicago, IL | $69,274 |
| Boston, MA | $73,571 |
| New York, NY | $78,554 |
| Dallas, TX | $64,874 |
If you'd like know Insurance Business Analyst Salary in other cities, then please select a city in
Average Salary Range for Insurance Business Analyst
Average Base Salary
Core compensation
55593
79010
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Insurance Business Analyst in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Business Analyst in the United States. The base salary for Insurance Business Analyst ranges from $55,593 to $79,010 with the average base salary of $65,298. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,593 to $79,010 with the average total cash compensation of $65,298.
View Average Salary for Insurance Business Analyst as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $65,298 | $55,593 - $79,010 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $65,298 | $55,593 - $79,010 |
* 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 Business Analyst 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 Business Analyst, 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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55593
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Comments about Insurance Business Analyst
What's the difference between Insurance Risk Analyst IV and Insurance Business Analyst?
According to our latest salary estimation on October 28, 2020. The average salary of Insurance Business Analyst is $65,298, and the average salary of Insurance Risk Analyst IV is $120,397. The average salary of Insurance Risk Analyst IV is higher than Insurance Business Analyst. ( 2020-10-28 salary.com )
I am an Insurance Business Analyst, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Insurance Business Analyst. an Insurance Business Analyst Salary in New Britain, CT is $70,523 as of October 28, 2020; an Insurance Business Analyst Salary in Barnstable, MA is $68,858 as of October 28, 2020. ( 2020-10-28 salary.com )
Insurance Business Analyst Frequently Asked Questions
Why does the salary of an Insurance Business Analyst 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 Business Analyst?
Salary ranges for an Insurance Business Analyst 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