Average Benefits Analyst with Benefits Administration Skills Salary

$66,317
Avg. Base Salary (USD)
10%
$51k
MEDIAN
$66k
90%
$84k

The average salary for a Benefits Analyst is $66,317 in 2024

Base Salary
$51k - $84k
Bonus
$976 - $10k
Profit Sharing
$611 - $8k
Total Pay
$49k - $86k
Is Average Benefits Analyst with Benefits Administration Skills Salary your job title? Find out what you should be paid
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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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FAQs About Benefits Analysts

What is the highest pay for Benefits Analysts?

Our data indicates that the highest pay for a Benefits Analyst is $84k / year

What is the lowest pay for Benefits Analysts?

Our data indicates that the lowest pay for a Benefits Analyst is $51k / 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.