Rate Analyst Salary

Rate Analysts in the United States can expect to earn an average of $52K annually. Work is enjoyable for Rate Analysts, who typically claim high levels of job satisfaction. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. Men working as Rate Analysts who took the survey just slightly outnumber women at 53 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$33,516 - $82,723
(Median)
$34K
$52K
$83K
MEDIAN: $51,649
10%
50%
90%

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$11.88 - $24.91
(Median)
$12
$18
$25
MEDIAN: $17.00
10%
50%
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$29K$58K$87K
Salary
$33,516 - $82,723  
   
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).
)
$30,073 - $86,280  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 66
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$15$30$45
Hourly Rate
$11.88 - $24.91  
   
Overtime
$8.00 - $25.71  
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$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).
)
$30,073 - $86,280  
Country: United States | Currency: USD | Updated: 2 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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Rate Analysts who responded to the survey indicated only a few skills that they use on the job. Data Analysis and Microsoft Excel are considered valuable skills and can increase employee pay. Skills that pay less than market rate 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.


Those in the early stages of their career can expect to make around $41K; however, individuals with five to 10 years of experience bring in $56K on average — a distinctly larger sum. Rate Analysts see a median salary of $51K after reaching one to two decades on the job. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $62K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

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Experience Affects Rate Analyst Salaries

Late-Career
up arrow 29%

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

Data Analysis
up arrow 14%

Microsoft Excel
up arrow 15%

Job Satisfaction

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

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
5%
1-4 years
32%
5-9 years
38%
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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