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As of August 01, 2026, the average salary for an Insurance Claims Analyst in Montana is $66,824 per year, which breaks down to an hourly rate of $32.
However, an Insurance Claims Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Insurance Claims Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,281 | $6,023 | $1,390 | $35 |
| Average | $66,824 | $5,569 | $1,285 | $32 |
| 25th Percentile | $60,145 | $5,012 | $1,157 | $29 |
Center for Applied Behavioral Instruction - AUBURN, MA
State Farm Mutual Automobile Insurance Company - PIERPONT, MO
FM - FRAZER, PA
State Farm Mutual Automobile Insurance Company - LAKE CHESTERFIELD, MO
An Insurance Claims Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Insurance Claims Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Claims Ex... Level Insurance Claims Analyst | $52,641 |
| Insurance... Level Insurance Claims Analyst | $66,422 |
| Claims Ex... Level Insurance Claims Analyst | $80,600 |
| Claims Ex... Level Insurance Claims Analyst | $92,226 |
| Claims Ex... Level Insurance Claims Analyst | $115,610 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Claims Analysts. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Insurance Claims Analyst roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Business Services and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, Insurance Claims Analyst positions in Edu., Gov't. & Nonprofit or Financial Services typically offer lower base pay, as these industries often view Insurance Claims Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $80,188 | $39.0 | 20% |
| Energy & Utilities | $76,847 | $37.0 | 15% |
| Healthcare | $73,506 | $35.0 | 10% |
| Retail & Wholesale | $70,165 | $34.0 | 5% |
Understanding how an Insurance Claims Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $72,281 | $6,023 | $1,390 | $35 |
| Average | $66,824 | $5,569 | $1,285 | $32 |
| 25th Percentile | $60,145 | $5,012 | $1,157 | $29 |
Ready to take the next step in your career? Browse thousands of current Insurance Claims Analyst job openings on our job board. Use the search bar below to find your perfect match.
State Farm Mutual Automobile Insurance Company
TURNERS, MO
State Farm Mutual Automobile Insurance Company | TURNERS, MO
Location US-MO-Springfield Job Category Claims and Investigation Position Type Regular Full Time Req ID 45006 Overview Being good neighbors – helping peopl... more
7 Days Ago
State Farm Mutual Automobile Insurance Company
COSTA MESA, CA
State Farm Mutual Automobile Insurance Company | COSTA MESA, CA
Location US-CA-Costa Mesa Job Category Legal, Compliance, and Risk Management Position Type Regular Full Time Req ID 44628 Overview Being good neighbors – ... more
6 Days Ago
Centivo
BUFFALO, NY
Centivo | BUFFALO, NY
We exist for workers and their employers who are the backbone of our economy. That is where Centivo comes in our mission is to bring affordable, high-quali... more
3 Days Ago
Brightway Insurance
JACKSONVILLE, FL
Brightway Insurance | JACKSONVILLE, FL
Scope The Business Analyst will be a key contributor to our organization, working closely with the Executive Leadership team to drive operational improveme... more
3 Days Ago
Utica National Insurance Group
NEW HARTFORD, NY
Utica National Insurance Group | NEW HARTFORD, NY
The Company At Utica National Insurance Group, 1,400 employees countrywide take our corporate promise to heart every day: To make people feel secure, appre... more
5 Days Ago
Core Specialty Insurance Services, Inc.
LONG BEACH, CA
Core Specialty Insurance Services, Inc. | LONG BEACH, CA
Multi-state commercial insurance carrier is seeking an individual to join our Commercial Auto Division as a Business Analyst. This individual will be respo... more
3 Days Ago
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