A Benefits Analyst earns an average salary of $51,054 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.
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.
)
$37,846 - $67,989
(Median)
38K
51K
60K
68K
MEDIAN: $51,053
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.
)
$14.55 - $27.39
(Median)
15
18
20
23
27
MEDIAN: $20
10%
25%
50%
75%
90%
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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
$37,846 - $67,989  
   
Bonus
$0.00 - $5,507  
Profit Sharing
$517 - $5,051  
Commission
$0.00 - $8,000  
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).
)
$37,572 - $70,087  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 742
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
$14.55 - $27.39  
   
Overtime
$20.53 - $40.69  
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 - $5,507  
   
Commission
$0.00 - $8,000  
Profit Sharing
$517 - $5,051  
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).
)
$37,572 - $70,087  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 742
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Benefits Analyst Job Listings

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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.
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
San Francisco
up arrow 21%
New York
up arrow 16%
Houston
up arrow 13%
Minneapolis
up arrow 12%
Seattle
up arrow 6%
up arrow 5%
National Average
$51,000
Denver
up arrow 2%
Boston
up arrow 3%
Detroit
up arrow 6%
Nashville
up arrow 6%
up arrow 7%
St. Louis
up arrow 9%
Dallas
up arrow 10%
up arrow 15%
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

Microsoft Excel
up arrow 4%
Microsoft Word
up arrow 4%
Data Analysis
0%
Microsoft Office
0%
National Average
$51,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 143 votes.
Gender
Female
69%
female alumni
 
Male
31%
male alumni
Years of Experience
Less than 1 year
6%
1-4 years
45%
5-9 years
25%
10-19 years
18%
20 years or more
6%
Common Health Benefits
medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 70% employee benefits None: 6%
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