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Insurance Rater Salary
in Buffalo, New York

$42,274 (USD)

Average Salary

$20/hr

Average Hourly

$668

Average Bonus

Last updated: January 28, 2020

The average pay for an Insurance Rater is $42,274 a year and $20 an hour in Buffalo, New York, United States. The average salary range for an Insurance Rater is between $31,481 and $51,264. 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 Buffalo, New York.

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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Job Summary

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 Buffalo, New York, 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%

Salary Potential

Estimated salary in 2025:
$49,008
5 Year Change:
16 %
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Education

Skills

About Buffalo, New York

Buffalo Cost of Living Score:

Description: Buffalo is the second largest city in the U.S. state of New York and the largest city in Western New York. As of 2018, the population was 256,304. The city is the county seat of Erie County and a major gateway for commerce and travel across the Canada–United States border, forming part of the bi-national Buffalo Niagara Region. As of the April 1, 2010, the metropolitan statistical area (MSA) had a population of 1,135,509; the combined statistical area (CSA), which adds Cattaraugus County, had a population of 1,215,826 inhabitants. The Buffalo area was inhabited before the 17th century by the Native American Iroquois...

Insurance Rater Job Listings for Buffalo, New York

Life Insurance Sales Agent
Jan 28
Buffalo, NY, USA
Symmetry Financial Group
... insurance to homeowners), final expense and retirement planning ... With mortgage rates at an ALL TIME LOW we are being flooded with requests to protect families. We ...
Insurance Agent
Jan 20
Buffalo, NY, USA
Family Protection Center
Our goal at Family Protection Center is to provide you with the best life insurance coverage you can get at the best rate possible. We believe that our variety of products and carriers allow us to ...
Claims Intern
Jan 23
Amherst, NY, USA
National General Insurance
... rating of A- (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance ...
Claims Large Loss Adjuster
Nov 26
Buffalo, NY, USA
National General Insurance
... rating of A- (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance ...
Field Representative - Nielsen TV Ratings - Buffalo- 45913
Jan 9
Buffalo, NY, USA
Nielsen
For over 70 years, our Radio and Television Ratings have played a significant role in providing key ... insurance, and a satisfactory driving record. In addition to a really cool career, what are the ...

Salary Recap

The average pay for an Insurance Rater is $42,274 a year and $20 an hour in Buffalo, New York, United States. The average salary range for an Insurance Rater is between $31,481 and $51,264. 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 Buffalo, New York.

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.

Data powered by ERI's Salary Assessor

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

Salaries By Location

Insurance Rater
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Life Insurance Sales Agent
Jan 28
Buffalo, NY, USA
Symmetry Financial Group
... insurance to homeowners), final expense and retirement planning ... With mortgage rates at an ALL TIME LOW we are being flooded with requests to protect families. We ...
Insurance Agent
Jan 20
Buffalo, NY, USA
Family Protection Center
Our goal at Family Protection Center is to provide you with the best life insurance coverage you can get at the best rate possible. We believe that our variety of products and carriers allow us to ...
Explore our most popular jobs
View our most popular salary searches and other resources