New Business Analyst Salary in Newark, New Jersey

How much does a New Business Analyst make in Newark, NJ?

As of March 01, 2025, the average annual salary for a New Business Analyst in Newark, NJ is $76,570. Salary.com reports that pay typically ranges from $69,103 to $85,632, with most professionals earning between $62,305 and $93,883.

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Salary range for a New Business Analyst

$69,103 to $85,632

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New Business Analyst

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Job Openings for New Business Analyst in Newark, NJ

What does a New Business Analyst do?

Common responsibilities of a New Business Analyst

Demonstrate exceptional knowledge of infrastructure, products, solution capabilities and process related to new and implemented product solutions and customer specific solutions.

August 28, 2022

Communicate with agent/agency concerning questions about application processing and administrative procedures by phone, fax and email.

October 10, 2022

Management of the monthly close process from an FS business perspective, reviewing actual results versus plan, preparing variance analyses, analyzing current and past trends in various metrics including revenue and operating expenses.

November 22, 2022

Activate policies after underwriting approval on insurance processing system, which includes policy dating, error corrections, changes, delivery requirements and drafting initial premium if necessary.

December 19, 2022

Develop and manage partner relations including implementation plans, negotiating terms sheets and agreements, coordinating with internal and external stakeholders, and reporting.

April 04, 2023

Create plans, facilitate working groups, and establish goals and targets for projects, as well as conduct market analysis and support business case development.

April 29, 2023

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New Business Analyst Salary By Experience Levels in Newark, NJ

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

New Business Analyst Salary By Level of Education in Newark, NJ

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LEVEL OF EDUCATION

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Average Salary Range for New Business Analyst in Newark, NJ

Average Base Salary

Core compensation

69103

85632

76570

Average Total Cash Compensation

Includes base and annual incentives

70607

89070

78443

What is the average salary for New Business Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of New Business Analyst in Newark, NJ. The base salary for New Business Analyst ranges from $69,103 to $85,632 with the average base salary of $76,570. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $70,607 to $89,070 with the average total cash compensation of $78,443.

View Average Salary for New Business Analyst as table

	Average Salary	Average Salary Range
Base Salary	$76,570	$69,103 - $85,632
Bonus	$1,873	$1,504 - $3,437
Total Pay	$78,443	$70,607 - $89,070

* 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.

New Business Analyst Salary Near Newark, NJ

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Newark, NJ
CITY, STATE East Orange, NJ	AVERAGE SALARY RANGE $69,225 - $85,784	COMPARE TO Newark, NJ
CITY, STATE West Orange, NJ	AVERAGE SALARY RANGE $69,225 - $85,784	COMPARE TO Newark, NJ
CITY, STATE Bloomfield, NJ	AVERAGE SALARY RANGE $70,510 - $87,375	COMPARE TO Newark, NJ
CITY, STATE Irvington, NJ	AVERAGE SALARY RANGE $69,225 - $85,784	COMPARE TO Newark, NJ
CITY, STATE Union, NJ	AVERAGE SALARY RANGE $69,225 - $85,784	COMPARE TO Newark, NJ
CITY, STATE Elizabeth, NJ	AVERAGE SALARY RANGE $69,225 - $85,784	COMPARE TO Newark, NJ

See salaries for New Business Analyst in locations close to Newark, NJ. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Newark, New Jersey

Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of the nation's major air, shipping, and rail hubs, the city had a population of 285,154 in 2017, making it the nation's 70th-most populous municipality, after being ranked 63rd in the nation in 2000. Settled in 1666 by Puritans from New Haven Colony, Newark is one of the oldest cities in the United States. Its location at the mouth of the Passaic River (where it flows into Newark Bay) has made the city's waterfront an integral part of the Port of New...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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