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Senior Benefits Analyst Salary

Senior Benefits Analysts in the United States tend to be well-versed in their field, and slightly more than half have more than 10 years of experience. Average salary is expected to be around $65K annually, but may range from $49K to $86K per year. Geography is the biggest factor affecting pay for this group, followed by career length. For the most part, Senior Benefits Analysts enjoy their work and report high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Men are in the minority of survey respondents, with female Senior Benefits Analysts making up 77 percent. This report is based on responses to the PayScale salary survey.
$48,689 - $83,396
(Median)
49K
56K
65K
74K
83K
MEDIAN: $65,138
10%
25%
50%
75%
90%

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$15.48 - $33.45
(Median)
15
20
25
30
33
MEDIAN: $24.00
10%
25%
50%
75%
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
$48,689 - $83,396  
   
Bonus
$0.00 - $9,091  
Profit Sharing
$916 - $5,896  
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).
)
$49,349 - $86,419  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 314
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$18$36$54
Hourly Rate
$15.48 - $33.45  
   
Overtime
$21.93 - $53.33  
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$50K$100K$150K
Bonus
$0.00 - $9,091  
   
Profit Sharing
$916 - $5,896  
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).
)
$49,349 - $86,419  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 17
United States (change)

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.

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Senior Benefits Analyst Tasks

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

Common Career Paths for Senior Benefits Analyst


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Senior Benefits Analysts who go on to become Benefits Managers may see somewhat stagnant compensation. On average, a Benefits Manager, an upper-level role, pays $67K.

Senior Benefits Analyst Job Listings

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Senior Benefits Analysts typically list a handful of skills they use on the job. Vendor Management and Benefits Administration are considered valuable skills and can increase employee pay by 19 percent and 5 percent, respectively.

Pay by Experience Level for Senior Benefits Analyst

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


For many Senior Benefits Analysts, extensive experience does not lead to significantly more money. The average inexperienced worker earns $59K, and someone who has worked for five to 10 years can expect a bigger median salary of $65K. For Senior Benefits Analysts, 10 to 20 years of experience on the job amounts to an average salary of $73K. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

Related Job Salaries

Experience Affects Senior Benefits Analyst Salaries

Late-Career
up arrow 10%

Experienced
up arrow 9%

National Average
$66,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 11%

Skills That Affect Senior Benefits Analyst Salaries

Vendor Management
up arrow 19%


National Average
$66,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 70 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
0%
1-4 years
17%
5-9 years
31%
10-19 years
33%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 85%
vision benefits Vision: 72% employee benefits None: 6%