Insurance Risk Analyst I Salary in New York, New York
How much does an Insurance Risk Analyst I make hourly in New York, NY? The average hourly wage for an Insurance Risk Analyst I in New York, NY is $38 as of May 25, 2023, but the range typically falls between $33 and $44. 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.
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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 2023 Salary.com)
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Career Path for this job
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This Job:
Insurance Risk Analyst I
0 - 2 years experience
Bachelor's Degree -
Up a level:
Insurance Risk Analyst II
2 - 4 years experience
Bachelor's Degree
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Level of Education
- Insurance Risk Analyst I Salaries with No Diploma
- Insurance Risk Analyst I Salaries with a High School Diploma or Technical Certificate
- Insurance Risk Analyst I Salaries with an Associate's Degree
- Insurance Risk Analyst I Salaries with a Bachelor's Degree
- Insurance Risk Analyst I Salaries with a Master's Degree or MBA
- Insurance Risk Analyst I Salaries with a JD, MD, PhD or Equivalent