$70,127
Avg. Salary
$26.73
Avg. Hourly Rate

Average additional compensation:

$4,500

Bonus

$2,068

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Senior Benefits Analyst is $26.73 per hour.

The average pay for a Senior Benefits Analyst is $70,127 per year.

$18.99
10%
$26.73
50%
$41.86
90%
MEDIAN $26.73
$53k
10%
$70k
50%
$89k
90%
MEDIAN $70,127
$53,427 - $89,356
$53K
$70K
$89K
MEDIAN: $70,127
10%
50%
90%

Add this chart to your site: 640px    300px

$18.99 - $41.86
$19
$27
$42
MEDIAN: $26.73
10%
50%
90%

Add this chart to your site: 640px    300px

$0$94K
Salary $53,427 - $89,356
Bonus $1,026 - $9,938
Profit Sharing $596 - $5,034
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).
)
$52,002 - $94,158
  • Country: United States
  • Currency: USD
  • Updated: 5 Jan 2019
  • Individuals Reporting: 492
Hourly Data $0$51
Hourly Rate $18.99 - $41.86
Overtime $24.18 - $51.23
Annual Data $0$94K
Bonus $1,026 - $9,938
Profit Sharing $596 - $5,034
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).
)
$52,002 - $94,158
  • Country: United States
  • Currency: USD
  • Updated: 5 Jan 2019
  • Individuals Reporting: 35

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
  • 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.

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

Popular Skills for Senior Benefits Analyst


Survey results show that Senior Benefits Analysts use a fair number of skills. Most notably, skills in Strategic Project Management, Project Management, 401k Plan Administration, and Data Analysis are correlated to pay that is above average. It is often found that people who know Benefits Administration are also skilled in 401k Plan Administration.

Pay by Experience Level for Senior Benefits Analyst

Pay by Experience for a Senior Benefits Analyst has a positive trend. An entry-level Senior Benefits Analyst with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 66 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Benefits Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $70,000 based on 116 salaries. An experienced Senior Benefits Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 123 salaries. A Senior Benefits Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $77,000 based on 43 salaries.

Pay Difference by Location

7%

National Average: $71,378

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

For Senior Benefits Analysts, San Francisco provides a pay rate that is 9 percent greater than the national average. Senior Benefits Analysts can also look forward to large paychecks in cities like Houston (+8 percent), Los Angeles (+7 percent), Washington (+7 percent), and Pittsburgh (+7 percent). Minneapolis ranks last in the field for pay, reporting salaries 17 percent below the national average. Employers in Denver and Dallas also lean toward paying below-median salaries (4 percent lower and 3 percent lower, respectively).

Senior Benefits Analyst Reviews

Q: What is it like working as a Senior Benefits Analyst?

Senior Benefits Analyst in Seattle:
"I think I need to pivot industries into technology."
Pros: All the possibilities! We have a vibrant culture and thriving economy so I feel that there are new and exciting opportunities out there for me.
Cons: I wish my industry had a stronger value proposition compared to the technology industry that we consult in.

Related Job Salaries

Key Stats for Senior Benefits Analyst

Gender

Female
84 %
Male
16 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 106 votes.
Less than 1 year
0%
1-4 years
17%
5-9 years
27%
10-19 years
39%
20 years or more
17%

Experience Affects Senior Benefits Analyst Salaries

▲8%

▲1%

National Average
$71,000

▼3%

▼13%

Skills That Affect Senior Benefits Analyst Salaries

Strategic Project Management
▲5%

Project Management
▲2%

401k Plan Administration
▲1%

National Average
$71,000

Data Analysis
▼1%

Vendor Management
▼1%

Microsoft Excel
▼2%

Benefits Administration
▼3%

Benefits & Compensation
▼3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 106 votes.

Gender

Female
84 %
Male
16 %

Years of Experience

Less than 1 year
0%
1-4 years
17%
5-9 years
27%
10-19 years
39%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 88%
vision benefits
Vision: 82%
no benefits
None: 7%