Rate Analyst Salary
An average Rate Analyst in the United States can expect to take home roughly $50K per year. Most people on this career path report moderate levels of job satisfaction. Women make up a slight majority of Rate Analysts (56 percent) survey respondents. While some workers in this profession — just under one in four — do not have any health coverage, a fair number do receive medical benefits and a majority have dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
|Salary||$33,621 - $81,524|
|Bonus||$-0.50 - $13,574|
|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).)
|$33,189 - $84,412|
|Bonus||$-0.50 - $13,574|
|Total Pay (||$33,189 - $84,412|
Job Description for Rate Analyst
A rate analyst will usually do many different tasks for a company. One of the tasks a rate analyst will be asked to complete is to research and analyze data. A rate analyst may be asked to coordinate with other departments. The work a rate analyst will do is mostly mental and does not usually require physical strain. Rate analysts will spend most of their time indoors.Read More...
Many different kinds of companies can employ rate analysts. A rate analyst is expected to seek out learning opportunities to meet the needs of the workplace. A rate analyst will be required to submit monthly reports on their work and make sure that they are meeting his or her company’s expectations. They are also expected to be adept at customer service. Rate analysts are expected to respond to customers in a timely manner and handle them with care. Rate analysts are speaking with customers, which means they are directly responsible for the impact that the company leaves on the consumer.
Rate analysts are usually expected to have a bachelor's degree in a related field. Most rate analysts will work standard daytime hours, but they can expect to have to stay late sometimes to finish reports or meet the monthly requirements their companies have set for them.
Rate Analyst Tasks
- Evaluate and analyse existing rates across multiple industries.
- Draft proposals and present findings to a panel of reviewers.
- Research and recommend changes to the current rate calculation or structure.
Pay by Experience Level for Rate Analyst
Pay by Experience for a Rate Analyst has a positive trend. An entry-level Rate Analyst with less than 5 years of experience can expect to earn an average total compensation of $48,000 based on 25 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Rate Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 10 salaries. An experienced Rate Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $64,000 based on 8 salaries. A Rate Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 7 salaries.
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Key Stats for Rate Analyst
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