Benefits Analyst Salary (United States)

The average salary for a Benefits Analyst is $51,164 per year. A skill in Leave of Absence Administration is associated with high pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this field. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience.
Benefits Analyst Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$37,866 - $68,773
(Median)
38K
51K
60K
69K
MEDIAN: $51,163
10%
50%
75%
90%
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Benefits Analyst Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.79 - $27.84
(Median)
15
18
20
23
28
MEDIAN: $20
10%
25%
50%
75%
90%
Add this chart to your site

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$37,866 - $68,773  
   
Bonus
$0.00 - $5,517  
Profit Sharing
$520 - $5,017  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,602 - $70,279  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 738
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$14.79 - $27.84  
   
Overtime
$20.84 - $40.32  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $5,517  
   
Profit Sharing
$520 - $5,017  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,602 - $70,279  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 738
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Location:
United States (change)
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Job Description for Benefits Analyst

A benefits analyst works closely with members of particular benefit plans, such as insurance plans and pension plans. They interact with members either in person, through e-mail, or via the telephone, helping them understand current coverage and potential future needs. Most of their time is spent reading benefit coverages and putting together plans of action for members, including explaining the details to those beneficiaries. Most benefit packages are regulated by state and federal law; a benefits analyst must stay current on applicable law and compliance regulations, as well as be able to explain these laws as needed to beneficiaries. They may also be required to contribute to new plan ideas, maintain databases of existing plans, and monitor release of benefits. Developing ideas and relaying data sets, client information, and cost effectiveness to senior personnel is important as well. These professionals typically work full time in an office environment during business hours, although schedules may vary depending on the needs of the business.
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Benefits Analyst Tasks
  • Provide ongoing analysis on trends, legislative changes and best practices within the benefits field.
  • Participate in cross-departmental budget review for benefit plans.
  • Work with insurance carriers to resolve issues regarding eligibility and claims.
  • Formulate solutions to solve needs regarding benefits.
  • Ensure benefit plans are administered according to plan provisions and company’s regulatory guidelines.

Common Career Paths for Benefits Analyst

Benefits Analyst Job Listings

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Popular Skills for Benefits Analyst

Pay by Experience Level for Benefits Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Washington
up arrow 28%
San Francisco
up arrow 24%
up arrow 16%
Houston
up arrow 14%
Philadelphia
up arrow 13%
up arrow 10%
up arrow 7%
Seattle
up arrow 6%
National Average
$51,000
up arrow 8%
St. Louis
up arrow 8%
up arrow 10%
Dallas
up arrow 12%
Pittsburgh
up arrow 13%
Milwaukee
up arrow 17%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Benefits Analyst Salaries

National Average
$51,000

Skills That Affect Benefits Analyst Salaries

Leave of Absence Administration
up arrow 14%
Microsoft Word
up arrow 3%
Microsoft Excel
up arrow 2%
Data Analysis
0%
National Average
$51,000
Microsoft Office
up arrow 1%
Financial Analysis
up arrow 3%
Microsoft Access
up arrow 13%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 157 votes.

Gender

Female
72%
female alumni
 
Male
28%
male alumni

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
26%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 87%
vision benefits Vision: 71% employee benefits None: 6%
Find Out Exactly What You Should Be Paid
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