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Insurance Rater Salary

$42,953 (USD)

Average Salary

$21/hr

Average Hourly

$679

Average Bonus

Last updated: December 15, 2019

The average pay for an Insurance Rater is $42,953 a year and $21 an hour in the United States. The average salary range for an Insurance Rater is between $31,986 and $52,087. On average, a Bachelor's Degree is the highest level of education for an Insurance Rater. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Concludes amount of premium to be charged for various types of insurance.
  • Figures in use and age of automobile, location and value of property, or age of applicant to determine premium rate based on information relating to type and amount of policy based on standard risk factors.
  • Computes total annual premium upon determining additional premium rates of basic policy and endorsements.
Insurance Rater Job Prevalence in the United States

Job family: Insurance Claims and Policy Processing Clerks

Job family population: 274,560

Estimated population of Insurance Rater jobs: 3,210

Rate of error: 1.9%

Estimated salary in 2024:
$49,795
5 Year Change:
16 %
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About United States

United States Cost of Living Score:

Insurance Rater Job Listings for United States

Customer Service Representative - Commercial Lines Insurance Rating
Oct 21
Fort Scott, KS, USA
Gross Agency Inc
We are seeking a Customer Service Representative - Commercial Lines Insurance Rating to become a part of our organization! You will investigate, analyze, and determine the extent of the organization ...
Sr Workers Compensation Claims Advocate - Los Angeles or San Diego, CA - Req. 7728
Nov 27
Los Angeles, United States
Alliant Insurance Services
Obtains customers experience rating worksheet from the Workers' Compensation Insurance Rating Bureau; * Produces experience modification projections and what if scenarios; * Attends new business ...
Bi-lingual Property Casualty Insurance Agent
Nov 19
Phoenix, AZ, USA
Homesite Insurance
Handling calls regarding insurance rates and policy questions * Must hold an active Property & Casualty Producer's license. * Language proficiency in both Spanish and English * Previous sales or ...
Commercial Lines Junior Account Manager
Oct 5
Eugene, OR, USA
Insurance Resourcing
Rates lines of coverage as needed. Background needed: P & C license and 2 years of insurance agency support experience in commercial lines. Candidates from out of state planning to move in the next ...
Groundskeeper - Keeler's Corner Apartments
Dec 13
Lynnwood, WA, USA
Thrive Communities
Discounted Pet Insurance rates * $300 annual education/professional development credit * 19 days off per year + 7 paid holidays * Employer-matched 401k plan * Training opportunities and career ...

The average pay for an Insurance Rater is $42,953 a year and $21 an hour in the United States. The average salary range for an Insurance Rater is between $31,986 and $52,087. On average, a Bachelor's Degree is the highest level of education for an Insurance Rater. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salaries By Location

Insurance Rater
Insurance Rater
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Similar Job Titles

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Customer Service Representative - Commercial Lines Insurance Rating
Oct 21
Fort Scott, KS, USA
Gross Agency Inc
We are seeking a Customer Service Representative - Commercial Lines Insurance Rating to become a part of our organization! You will investigate, analyze, and determine the extent of the organization ...
Sr Workers Compensation Claims Advocate - Los Angeles or San Diego, CA - Req. 7728
Nov 27
Los Angeles, United States
Alliant Insurance Services
Obtains customers experience rating worksheet from the Workers' Compensation Insurance Rating Bureau; * Produces experience modification projections and what if scenarios; * Attends new business ...
Explore our most popular jobs
View our most popular salary searches and other resources