Rate Analyst Salary

Rate Analysts in the United States can expect wages of $52K annually on average. Men working as Rate Analysts who took the survey just slightly outnumber women at 53 percent. Most Rate Analysts like their work and job satisfaction is high. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Figures cited in this summary are based on replies to 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: 20 Jun 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: 20 Jun 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 typically list a handful of skills they use on the job. 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.


Workers in their first five years can expect to earn $41K, but people who have been around for five to 10 years earn a noticeably bigger sum of $56K. Rate Analysts see a median salary of $51K after reaching one to two decades on the job. Seasoned veterans with 20 years under their belts enjoy a median income of $62K.

Related Job Salaries

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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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