How much does a Research Analyst- Insurance make in the United States?

The Insurance Product Research Specialist translates data and research into actionable recommendations for product enhancements, new product ideas, and market expansion decisions. Responsible for researching market trends, competitor offerings, customer needs, and product performance to help guide insurance product strategy. Being an Insurance Product Research Specialist monitors regulatory and market changes that may affect product direction. Supports product strategy decisions, including product updates, launches, and state-specific expansion. In addition, Insurance Product Research Specialist requires a bachelor's degree. Typically reports to a manager. Being an Insurance Product Research Specialist work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as an Insurance Product Research Specialist typically requires 4-7 years of related experience. View Insurance Product Research Specialist Salary

Insurance Risk Supervisor supervises the analysis of 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. Being an Insurance Risk Supervisor identifies and classifies risk exposures to provide optimum coverage, costs, and claim settlements. Conducts regular policy reviews and research. Additionally, Insurance Risk Supervisor compiles loss trends and reviews actuarial estimations to make recommendations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Assists with policy renewals and applications. May assist with administering self-insured plans. Requires a bachelor's degree. Typically reports to a manager. The Insurance Risk Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be an Insurance Risk Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. View Insurance Risk Supervisor Salary

The Insurance Actuary Director oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Directs the activities of an organization's actuarial function. Being an Insurance Actuary Director designs processes and guidelines to ensure regulatory compliance of products and financial operations. Develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. In addition, Insurance Actuary Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Insurance Actuary Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as an Insurance Actuary Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. View Insurance Actuary Director Salary

The Insurance Coverage Supervisor collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals, and financial reporting. Supervises the analysis of insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Being an Insurance Coverage Supervisor conducts regular policy reviews and research. Identifies and classifies risk exposures to provide optimum coverage, costs, and claim settlements. In addition, Insurance Coverage Supervisor compiles loss trends and reviews actuarial estimations to make recommendations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Assists with policy renewals and applications. May assist with administering self-insured plans. Requires a bachelor's degree. Typically reports to a manager. The Insurance Coverage Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Working as an Insurance Coverage Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. View Insurance Coverage Supervisor Salary

The Insurance Coverage Senior Manager manages strategic objectives and policies to ensure effective insurance coverage for the organization. Oversees an organization's overall insurance program to manage and minimize risk and costs. Being an Insurance Coverage Senior Manager compiles loss trends and reviews actuarial estimations to make recommendations. Conducts regular policy reviews and research. In addition, Insurance Coverage Senior Manager administers systems to collect data and generate meaningful models and reporting to support decisions. Creates processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiates policy pricing and terms with vendors. May review and approve policy renewals and applications. Requires a bachelor's degree. Typically reports to a director. The Insurance Coverage Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Working as an Insurance Coverage Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View Insurance Coverage Senior Manager Salary