Insurance Risk Analyst IV Salary in New York, New York

How much does an Insurance Risk Analyst IV make in New York, NY? The average Insurance Risk Analyst IV salary in New York, NY is $142,925 as of February 27, 2023, but the range typically falls between $124,228 and $162,705. 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 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 2023 Salary.com)

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

Average Base Salary

Core compensation

 
 
 
124228
162705
142925

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
133147
184612
162186
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Risk Analyst IV in New York, NY. The base salary for Insurance Risk Analyst IV ranges from $124,228 to $162,705 with the average base salary of $142,925. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $133,147 to $184,612 with the average total cash compensation of $162,186.
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124228
162705

 

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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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Job Openings for Insurance Risk Analyst IV in New York, NY