Rate Analyst Salary

An average Rate Analyst in the United States can expect to take home roughly $55K annually. The majority of individuals in this role claim moderate levels of job satisfaction. Men make up a slight majority of Rate Analysts (52 percent) who responded to the survey. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$34,007 - $83,367
(Median)
$34K
$55K
$83K
MEDIAN: $54,756
10%
50%
90%

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$11.96 - $25.12
(Median)
$12
$18
$25
MEDIAN: $17.00
10%
50%
90%

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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
$34,007 - $83,367  
   
Bonus
$0.00 - $12,136  
Profit Sharing
$120.00  
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).
)
$29,582 - $85,749  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 68
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
$11.96 - $25.12  
   
Overtime
$22.64  
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 - $12,136  
   
Profit Sharing
$120.00  
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).
)
$29,582 - $85,749  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 23
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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 report a focused set of job skills. Fortunate workers who know Data Analysis can expect a significant pay bump, scoring salaries 32 percent above average. At the other end of the pay range are skills like Microsoft Excel.

Pay by Experience Level for Rate Analyst

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


Survey participants with less than five years' experience pocket $42K on average, but those with five to 10 years of experience enjoy a much bigger median of $58K. Rate Analysts with one to two decades of relevant experience report an average salary of approximately $51K. Rate Analysts who have spent more than 20 years on the job report earning a significantly higher median of $62K.

Related Job Salaries

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Experience Affects Rate Analyst Salaries

Late-Career
up arrow 27%

Mid-Career
up arrow 18%

Experienced
up arrow 5%

National Average
$49,000

Entry-Level
up arrow 14%

Skills That Affect Rate Analyst Salaries

Data Analysis
up arrow 32%

National Average
$49,000

Microsoft Excel
up arrow 4%

Job Satisfaction

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

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
7%
1-4 years
31%
5-9 years
34%
10-19 years
21%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 80%
medical benefits
Vision: 69%
dental benefits
None: 7%
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