Average Benefits Analyst Salary

$60,591
Avg. Base Salary (USD)
10%
$46k
MEDIAN
$61k
90%
$78k

The average salary for a Benefits Analyst is $60,591

Base Salary
$46k - $78k
Bonus
$975 - $7k
Profit Sharing
$204 - $9k
Commission
$0 - $4k
Total Pay
$43k - $80k
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What is the Pay by Experience Level for Benefits Analysts?

What Do Benefits Analysts Do?

Benefits Analyst Tasks
  • 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.
  • Provide ongoing analysis on trends, legislative changes and best practices within the benefits field.
  • Participate in cross-departmental budget review for benefit plans.
  • Formulate solutions to solve needs regarding benefits.
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How do Benefits Analysts Rate Their Jobs?

3.9 out of 5
(140)
Highly Satisfied
10Reviews
Based on 140 responses, the job of Benefits Analyst has received a job satisfaction rating of 3.92 out of 5. On average, Benefits Analysts are highly satisfied with their job.

FAQs About Benefits Analysts

What is the highest pay for Benefits Analysts?

Our data indicates that the highest pay for a Benefits Analyst is $78k / year

What is the lowest pay for Benefits Analysts?

Our data indicates that the lowest pay for a Benefits Analyst is $46k / year

How can Benefits Analysts increase their salary?

Increasing your pay as a Benefits Analyst is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Benefits Analyst that oversees more junior Benefits Analysts, this experience can increase the likelihood to earn more.