Insurance Risk Analyst III Salary in Brockton, Massachusetts

How much does an Insurance Risk Analyst III make in Brockton, MA? The average Insurance Risk Analyst III salary in Brockton, MA is $98,216 as of June 28, 2020, but the range typically falls between $83,195 and $111,471. 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. 

About Brockton, Massachusetts    According to the United States Census Bureau, the city has a total area of 21.6 square miles (56 km2), of which 21.5 square miles (56 km2) is land an....More

Brockton, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Brockton, Massachusetts

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 2020 Salary.com)

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

Average Base Salary

Core compensation

 
 
 
83195
111471
98216

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85885
119850
101456
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Analyst III in Brockton, MA. The base salary for Insurance Risk Analyst III ranges from $83,195 to $111,471 with the average base salary of $98,216. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,885 to $119,850 with the average total cash compensation of $101,456.
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83195
111471

 

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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

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Job Openings for Insurance Risk Analyst III in Brockton, MA