How much does a Rating Specialist make in Alabama? The average Rating Specialist salary in Alabama is $46,500 as of March 26, 2024, but the range typically falls between $37,878 and $55,296. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Rating Specialist Salary | $30,029 | AL | March 26, 2024 |
25th Percentile Rating Specialist Salary | $37,878 | AL | March 26, 2024 |
50th Percentile Rating Specialist Salary | $46,500 | AL | March 26, 2024 |
75th Percentile Rating Specialist Salary | $55,296 | AL | March 26, 2024 |
90th Percentile Rating Specialist Salary | $63,305 | AL | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Data Gathering: Data collection is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
Rating Specialist is responsible for calculating insurance premiums based on rate books, calculators, and the type and amount of policy. Revises rates as necessary and maintains records and appropriate filings. Being a Rating Specialist requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Rating Specialist works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Rating Specialist typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Georgiana, AL | Avg. Salary $44,527 | Date Updated March 26, 2024 |
Location Tanner, AL | Avg. Salary $47,057 | Date Updated March 26, 2024 |
Location Abbeville, AL | Avg. Salary $43,211 | Date Updated March 26, 2024 |
Location Abernant, AL | Avg. Salary $46,955 | Date Updated March 26, 2024 |
Location Adamsville, AL | Avg. Salary $47,259 | Date Updated March 26, 2024 |
Location Addison, AL | Avg. Salary $46,045 | Date Updated March 26, 2024 |
Location Adger, AL | Avg. Salary $46,955 | Date Updated March 26, 2024 |
Location Akron, AL | Avg. Salary $47,057 | Date Updated March 26, 2024 |
Location Alabaster, AL | Avg. Salary $46,955 | Date Updated March 26, 2024 |
Location Alberta, AL | Avg. Salary $45,792 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Rating Specialist, the first career path typically progresses to Policy Change Supervisor.
Salary.com's CompAnalyst platform offers:
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Jobs with different levels of education may pay very differently. Check the Rating Specialist salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Rating Specialist salary varies from category to category. Click below to see Rating Specialist salary in different categories.
About Alabama Alabama (/ˌæləˈbæmə/) is a state in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Flori....More
Skills associated with Rating Specialist: Insurance Software, Document Preparation, Calculate Ratings, Insurance Regulatory Guidelines ...More
Jobs with a similar salary range to Rating Specialist : Rating Analyst, Client Success Specialist, Filtration Specialist
Salary estimation for Rating Specialist at companies like : Coon Memorial Hospital LLC, Mobile Supply Company Inc, Gabriel Performance Products
Jobs with a similar salary range to Rating Specialist : Insurance Rater, Location Assistant, Ratings Analyst