Insurance Risk Analyst I Salary in Berkeley, California

How much does an Insurance Risk Analyst I make in Berkeley, CA? The average Insurance Risk Analyst I salary in Berkeley, CA is $78,383 as of May 28, 2020, but the range typically falls between $64,378 and $94,573. 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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Job Description

Analyzes the insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals and financial reporting. Creates risk forecasting models and reporting using business intelligence tools. Collaborates with cross-functional teams to ensure reporting and processing of all policy audits, payments, claims, and renewals. Supports loss prevention and safety initiatives. Requires a bachelor's degree. Typically reports to a supervisor or manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. (Copyright 2020 Salary.com)

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Understand the total compensation opportunity for a Insurance Risk Analyst I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
64378
94573
78383

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
65505
102227
80473
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Analyst I in Berkeley, CA. The base salary for Insurance Risk Analyst I ranges from $64,378 to $94,573 with the average base salary of $78,383. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $65,505 to $102,227 with the average total cash compensation of $80,473.
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64378
94573

 

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Career Path for this job

  1. This Job:

    Insurance Risk Analyst I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Insurance Risk Analyst II

    2 - 4 years experience
    Bachelor's Degree

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Job Openings for Insurance Risk Analyst I in Berkeley, CA