Rate Analyst Salary

Earnings for Rate Analysts in the United States come in at around $52K annually on average. Men working as Rate Analysts who took the survey just slightly outnumber women at 52 percent. Most Rate Analysts like their work and job satisfaction is high. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half.

$33,665 - $82,519

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$11.88 - $24.91

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$33,665 - $82,519  
   
Bonus
$0.00 - $12,027  
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).
)
$30,122 - $86,033  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 67
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$11.88 - $24.91  
   
Overtime
$8.00 - $25.71  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $12,027  
   
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).
)
$30,122 - $86,033  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 21
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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.

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Rate Analyst Tasks

  • Research and recommend changes to the current rate calculation or structure.
  • Draft proposals and present findings to a panel of reviewers.
  • Evaluate and analyse existing rates across multiple industries.

Rate Analyst Job Listings

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Just a handful of professional skills are reported by Rate Analysts who took the survey. Data Analysis and Microsoft Excel are considered valuable skills and can increase employee pay. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel and Data Analysis.

Pay by Experience Level for Rate Analyst

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


Although individuals who have less than five years' experience earn $41K on average, people with five to 10 years benefit from a notably larger average of $56K. Rate Analysts claiming one to two decades of experience make an estimated median of $51K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $62K.

Related Job Salaries

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Experience Affects Rate Analyst Salaries

Late-Career
up arrow 28%

Mid-Career
up arrow 16%

Experienced
up arrow 6%

National Average
$48,000

Entry-Level
up arrow 14%

Skills That Affect Rate Analyst Salaries

National Average
$48,000

Microsoft Excel
up arrow 15%

Data Analysis
up arrow 15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
5%
1-4 years
32%
5-9 years
39%
10-19 years
17%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 80%
vision benefits Vision: 68% employee benefits None: 8%
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