Insurance Risk Analyst IV Salary in the United States

How much does an Insurance Risk Analyst IV make hourly in the United States? The average hourly wage for an Insurance Risk Analyst IV in the United States is $58 as of April 26, 2022, but the range typically falls between $50 and $66. Hourly rate 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.  View the Cost of Living in Major Cities

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 highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. (Copyright 2022 Salary.com)

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Understand the total hourly compensation opportunity for a Insurance Risk Analyst IV, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
50
66
58

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
54
75
66
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Insurance Risk Analyst IV in the United States. The average hourly rate for Insurance Risk Analyst IV ranges from $50 to $66 with the average hourly pay of $58. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $54 to $75 with the average total hourly cash compensation of $66.
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50
66

 

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Career Path for this job

  1. Down a level:

    Insurance Risk Analyst III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Risk Analyst IV

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Risk Manager

    5 + years experience
    Bachelor's Degree

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