Insurance Risk Analyst III Salary in Alexandria, Louisiana

How much does an Insurance Risk Analyst III make hourly in Alexandria, LA? The average hourly wage for an Insurance Risk Analyst III in Alexandria, LA is $42 as of May 25, 2023, but the range typically falls between $37 and $47. 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. 

About Alexandria, Louisiana    Alexandria is the ninth-largest city in the state of Louisiana and is the parish seat of Rapides Parish, Louisiana, United States. It lies on the sout....More

Alexandria, Louisiana  area prices were up 1.2% from a year ago    View the Cost of Living in Alexandria, Louisiana

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 generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. (Copyright 2023 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

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

Average Hourly Wage

Core compensation

 
 
 
37
47
42

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
39
51
44
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 III in Alexandria, LA. The average hourly rate for Insurance Risk Analyst III ranges from $37 to $47 with the average hourly pay of $42. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $39 to $51 with the average total hourly cash compensation of $44.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

37
47

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Insurance Risk Analyst II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Risk Analyst III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Risk Analyst IV

    7 + years experience
    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Insurance Risk Analyst III in Alexandria, LA