Average Senior Benefits Analyst Salary

$69,878
Avg. SalaryShow Hourly Rate
$4,879
Bonus
$2,189
Profit Sharing
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The average salary for a Senior Benefits Analyst is $69,878.
10%
$53k
10%
$70k
50%
$89k
90%
90%
MEDIAN $69,878
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United States (change)
Salary
$53k - $89k
Bonus
$1k - $10k
Profit Sharing
$596 - $6k
Total Pay
$51k - $95k

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Job Description for Senior Benefits Analyst

Senior 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.
The top respondents for the job title Senior Benefits Analyst are from the companies Marsh & Mclennan Companies Inc, Mercer LLC and Willis Towers Watson. Reported salaries are highest at Hub International, Inc. where the average pay is $74,000. Other companies that offer high salaries for this role include Willis Towers Watson and Towers Watson, earning around $71,000 and $66,466, respectively. Hays Companies pays the lowest at around $58,500. Mercer LLC and Lockton Companies, Inc. also pay on the lower end of the scale, paying $59,923 and $61,816, respectively.

Career Paths

Explore the most common career paths for Senior Benefits Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Senior Benefits Analyst
Benefits Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Senior Benefits Analyst Job Listings

Popular Skills for Senior Benefits Analyst

Skills in Benefits Administration, Data Analysis, Benefits & Compensation and Microsoft Office are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.

Pay by Experience Level for Senior Benefits Analyst

An early career Senior Benefits Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $63,121 based on 97 salaries. A mid-career Senior Benefits Analyst with 5-9 years of experience earns an average total compensation of $70,196 based on 139 salaries. An experienced Senior Benefits Analyst with 10-19 years of experience earns an average total compensation of $74,099 based on 196 salaries. In their late career (20 years and higher), employees earn an average total compensation of $76,475.
Employees with Senior Benefits Analyst in their job title in Los Angeles, California earn an average of 19.5% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (3.0% more) and San Francisco, California (1.7% more). The lowest salaries can be found in Washington, District of Columbia (8.4% less), Atlanta, Georgia (5.6% less) and Dallas, Texas (4.1% less).

Years of Experience

This data is based on 516 survey responses.
Early Career
18.8%
Mid Career
26.9%
Experienced
38.0%
Late Career
16.3%