Senior Benefits Analysts in the United States tend to be well-versed in their field, and just below three-fifths have more than 10 years of experience. Average salary is expected to be around $69K per year, but may range from $51K to $89K per year. Total cash compensation to Senior Benefits Analysts bottoms out near $51K and approaches $89K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $5K from profit sharing. Location and years of experience each impact pay for this group, with the former having the largest influence. For the most part, Senior Benefits Analysts enjoy their work and report high levels of job satisfaction. The vast majority of Senior Benefits Analysts (86 percent) who participated in the survey are women. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$52,837 - $85,132
(Median)
$53K
$69K
$85K
MEDIAN: $68,652
10%
50%
90%

Add this chart to your site: 640px    300px

$18.73 - $41.19
(Median)
$19
$24
$41
MEDIAN: $23.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$30K$60K$90K
Salary
$52,837 - $85,132  
   
Bonus
$838 - $10,019  
Profit Sharing
$613 - $4,894  
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).
)
$51,426 - $88,520  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 261
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$18$36$54
Hourly Rate
$18.73 - $41.19  
   
Overtime
$1.52 - $52.35  
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$50K$100K$150K
Bonus
$838 - $10,019  
   
Profit Sharing
$613 - $4,894  
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).
)
$51,426 - $88,520  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 18
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Job Description for Senior Benefits Analyst

A senior benefits analyst manages the day-to-day administration of employee benefits. The responsibilities include new hire benefit enrollment, as well as the life event and annual benefits enrollment processes. Another main task is to create and maintain the annual compliance calendar to ensure that every employee has received benefit information and completed any necessary steps. The typical workday takes place in an office setting during regular business hours. The opportunity to work from home is sometimes available, though the senior benefits analyst does need to be available to employees who may have questions or concerns.

Read More...

Senior Benefits Analyst Tasks

  • Participate in cross-departmental budget review for benefit plans.
  • Formulate solutions to solve needs regarding benefits.
  • Provide ongoing analysis on trends, legislative changes and best practices within the benefits field.
  • Ensure benefit plans are administered according to plan provisions and company's regulatory guidelines.
  • Work with insurance carriers to resolve issues regarding eligibility and claims.

Common Career Paths for Senior Benefits Analyst


Add this chart to your site:   640px 640px    300px 300px


Senior Benefits Analysts sometimes move into a Human Resources Consultant role, where the salary is similar.

Senior Benefits Analyst Job Listings

Search for more jobs:

Popular Skills for Senior Benefits Analyst


Senior Benefits Analysts report using a diverse set of skills on the job. Most notably, skills in Vendor Management, Project Management, Data Analysis, and 401k Plan Administration are correlated to pay that is above average, with boosts between 3 percent and 15 percent. Most people who know Benefits Administration also know 401k Plan Administration.

Pay by Experience Level for Senior Benefits Analyst

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


Experience does not seem to be a strong driver of pay increase in this role. Workers in their first five years can expect to earn $60K, but people who have been around for five to 10 years earn a noticeably bigger sum of $70K. For Senior Benefits Analysts, 10 to 20 years of experience on the job amounts to an average salary of $72K. Veterans who have acquired more than 20 years report a median income of $77K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location

National Average: $69,958

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Senior Benefits Analysts, Washington offers exceptional salaries, 19 percent above the national average. Senior Benefits Analysts will also find cushy salaries in San Francisco (+10 percent), Houston (+9 percent), Seattle (+8 percent), and Chicago (+7 percent). In Minneapolis, salaries are 16 percent below the national average and represent the lowest-paying market. Not at the bottom but still paying below the median are employers in Denver and Philadelphia (4 percent lower and 1 percent lower, respectively).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects Senior Benefits Analyst Salaries

Late-Career
up arrow 10%

Experienced
up arrow 3%

Mid-Career
0%

National Average
$70,000

Entry-Level
up arrow 14%

Skills That Affect Senior Benefits Analyst Salaries

Vendor Management
up arrow 15%

Project Management
up arrow 4%

Data Analysis
up arrow 3%

401k Plan Administration
up arrow 1%

Benefits Administration
0%

National Average
$70,000

Microsoft Excel
up arrow 2%

Benefits & Compensation
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

1-4 years
15%
5-9 years
29%
10-19 years
39%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 88%
medical benefits
Vision: 81%
dental benefits
None: 5%
ADVERTISEMENT