1

Insurance Analyst Jobs in Maryland (NOW HIRING)

Analyst

Towson, MD · On-site

$55K - $65K/yr

Analyst Employment Type: Full-time, Exempt Department: Investment Consulting Group (ICG) Location ... Employer-paid disability and life insurance * 401(k) Plan with match after 6-months of employment

Analyst

Towson, MD · On-site

$55K - $65K/yr

Description: Job Title: Analyst Employment Type: Full-time, Exempt Department: Investment ... Employer-paid disability and life insurance * 401(k) Plan with match after 6-months of employment

Analyst

Towson, MD · On-site +1

$55K - $65K/yr

Analyst Employment Type: Full-time, Exempt Department: Investment Consulting Group (ICG) Location ... Employer-paid disability and life insurance * 401(k) Plan with match after 6-months of employment

Cyber Analyst

Annapolis, MD · On-site

$100K - $150K/yr

As a Cyber Signals Analyst on our team, you will: be trusted to provide accurate, relevant, and ... Supplemental Whole Life Insurance * Lucrative Referral Bonus Program * Annual Allowance for ANS ...

Management Analyst

Bethesda, MD · On-site

$55 - $57/hr

The Management Analyst (Regulatory Document Coordinator and Training Manager) shall provide ... health insurance, dental insurance, vision insurance, life and disability insurance, tuition ...

Systems Analyst

Fort Detrick, MD · On-site

$105K - $130K/yr

... and vision insurance, a 401(k) plan with company matching, tax-deferred savings options ... Strong analytical, problem-solving, and organizational skills * Ability to communicate technical ...

Senior Plan Analyst

Baltimore, MD · On-site

$63K - $99K/yr

As the Insurance Plan Compliance (IPC) Team, we work collaboratively with other teams within the ... The Senior Plan Analyst will work closely with IPC leadership to service all Private Insurance ...

Market Analyst

Bethesda, MD · On-site

$75K - $85K/yr

The Market Analyst supports important aspects of financial analysis related to clients' group ... Knowledge of group insurance including medical, dental, CDHP, pharmacy, life and disability ...

We are seeking a Senior Financial Analyst to lead expense budgeting, forecasting, and governance ... We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and ...

Services include, but are not limited to, management of liquidity needs, analysis of equity, fixed ... Insurance Voluntary Life & Accidental Death & Dismemberment Insurance Short Term Disability Paid ...

Compiling all data needed for analysis * Creating spreadsheets, drawings and cost analysis ... Pet Insurance, breathe easy knowing Nationwide has your pets covered * Pre-paid legal coverage ...

Showing results 41-60

Insurance Analyst information

See Maryland salary details

$13

$23

$35

How much do insurance analyst jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for insurance analyst in Maryland is $23.10, according to ZipRecruiter salary data. Most workers in this role earn between $18.65 and $25.43 per hour, depending on experience, location, and employer.

What is an insurance analyst?

Insurance Analysts are professionals who evaluate insurance policies, claims, and risks for individuals or organizations. They analyze data to determine appropriate coverage, assess the likelihood of claims, and help set premiums. Insurance Analysts play a critical role in ensuring that insurance products are financially sound and comply with industry regulations. Their work helps insurance companies manage risk effectively and provide fair policies to clients.

What does an insurance analyst do?

As an insurance analyst, you use computer software to evaluate insurance policies to determine the risks for a policyholder and an insurance company. You meet with clients and offer recommendations for choosing a policy that suits their needs. You review insurance applications to ensure they are complete and accurate. Other duties include completing policy renewals, changes, and cancellations, analyzing quotes and binders, and verifying record accuracy. You review claims to ensure legitimacy by verifying the details, conducting investigations (going to the scene of an accident, interviewing witnesses, police, etc.), gathering underwriting data, and providing recommendations to management. Some positions require you to create analytical reports to keep clients informed of trends.

What are the key skills and qualifications needed to thrive as an insurance analyst, and why are they important?

To thrive as an Insurance Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field, often supported by a relevant degree. Familiarity with data analysis tools, insurance management systems, and sometimes certifications like CPCU or AINS are typically required. Excellent communication, problem-solving, and organizational skills help you interpret data and present insights effectively. These skills are crucial for accurately assessing risk, supporting sound decision-making, and ensuring compliance within the insurance industry.

What are some typical challenges insurance analysts face when working with large data sets, and how can they address them?

Insurance Analysts often work with vast and complex data sets, which can present challenges such as ensuring data accuracy, identifying meaningful trends, and managing incomplete or inconsistent information. To address these challenges, analysts frequently use specialized software tools for data cleaning and analysis, collaborate closely with IT teams, and develop strong attention to detail. Proactively communicating with underwriters, actuaries, and other stakeholders also helps ensure that data-driven insights are accurate and actionable.

What is the difference between Insurance Analyst vs Claims Adjuster?

AspectInsurance AnalystClaims Adjuster
Required CredentialsBachelor's degree in finance, business, or related field; certifications like CPCU or ARMBachelor's degree; state licensing may be required; certifications like AIC or CPCU
Work EnvironmentOffice setting, analyzing data, preparing reportsField and office work, investigating claims
Employer & Industry UsageInsurance companies, brokerage firms, consultingInsurance companies, third-party administrators
Common Search & Comparison IntentUnderstanding analytical roles in insuranceEvaluating claims processing and adjustment roles

Insurance Analysts focus on data analysis, risk assessment, and policy evaluation within insurance companies, often working in an office environment. Claims Adjusters investigate and settle insurance claims, frequently working in the field. Both roles require similar credentials and industry experience, but their daily tasks and work settings differ significantly.

How much do insurance analysts make?

Insurance analysts typically earn a median annual salary of around $70,000, with entry-level positions starting lower and experienced analysts earning over $100,000. Salaries vary based on location, experience, and certifications such as CPCU or ARM, and the role often involves analyzing data and assessing risk using specialized software.

What are the responsibilities of an insurance analyst?

An insurance analyst evaluates insurance policies, assesses risk factors, and analyzes data to determine coverage options and pricing. They often review claims, ensure compliance with regulations, and use tools like spreadsheets and databases to support decision-making. Strong analytical skills and knowledge of insurance policies are essential for this role.

What are the most commonly searched types of Insurance Analyst jobs in Maryland?

The most popular types of Insurance Analyst jobs in Maryland are:

What cities in Maryland are hiring for Insurance Analyst jobs?

Cities in Maryland with the most Insurance Analyst job openings:

Infographic showing various Insurance Analyst job openings in Maryland as of September 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $48,043 per year, or $23.1 per hour.

$55K - $65K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago


Job description

Job Title: Analyst
Employment Type: Full-time, Exempt
Department: Investment Consulting Group (ICG)
Location: Towson, MD
ABOUT BOLTON & OUR INVESTMENT TEAM
Bolton is a full-service HR & Benefits Consulting firm with four decades of experience helping organizations make confident workforce decisions. Bolton's Investment practice specifically provides independent investment consulting and advisory services to corporate, public sector, and multi-employer retirement plans. The team supports clients in strengthening plan governance and improving long-term financial outcomes.
ABOUT THE ROLE
The Analyst supports Bolton's Investment Consulting Group (ICG) by preparing and reviewing performance reports for defined contribution and defined benefit plans and assisting with plan reviews, provider searches, and fee benchmarking studies. Partnering with consultants, plan sponsors, recordkeepers, custodians, and third-party administrators, the Analyst delivers accurate, high-quality work that protects client interests and strengthens relationships. The role also builds investment research skills, supporting the CIO and senior investment staff with data gathering and analysis for manager research and due diligence-an ideal opportunity for a detail-oriented self-starter looking to grow within a collaborative, quality-focused team.
WHAT YOU'LL DO
  • Prepare and review performance reports for defined contribution and defined benefit plans
  • Support plan reviews, fee benchmarking studies, and provider RFPs-including data collection, analysis, and documentation
  • Maintain fiduciary and governance documentation and perform detailed document reviews to identify potential client risks
  • Assist the CIO and senior investment staff with data gathering and analysis for investment manager research and due diligence
  • Serve as a liaison for clients with custodians, recordkeepers, and third-party administrators
  • Prepare rebalancing recommendations, direction letters, and meeting minutes for client and internal investment committees

Requirements
WHAT WE'RE LOOKING FOR
Required Qualifications
  • Bachelor's degree, preferably in Finance, Economics, or a related field
  • 0-3 years of investment-related experience (Defined Contribution plan experience preferred)
  • Advanced Microsoft Excel (formulas, pivot tables, data analysis) and PowerPoint, with proficiency across the broader Microsoft Office Suite
  • Ability to compile, analyze, and quality-check data for accuracy in reports and deliverables

Preferred Qualifications
  • Knowledge of IRS and DOL rules governing retirement plans
  • Familiarity with plan reviews, fee benchmarking studies, and provider RFP processes
  • Understanding of financial markets and investment consulting principles
  • Progress toward the CFA charter (e.g., completion of Level I)

Travel Requirements
  • Estimated travel: Minimal
  • May include local day travel and occasional conferences or training events

WHY JOIN BOLTON
  • Collaborative, team-oriented culture
  • Opportunity to work alongside experienced consultants and industry leaders
  • Exposure to meaningful, client-driven work
  • Ongoing learning and professional development opportunities

COMPENSATION & BENEFITS
Salary Range: $55,000 - $65,000
(Actual compensation will depend on experience, qualifications, and location.)
Benefits Overview:
  • Medical, dental, and vision coverage
  • Employer-paid disability and life insurance
  • 401(k) Plan with match after 6-months of employment
  • Paid time off and holidays
  • Hybrid telework arrangements
  • Monthly fitness stipend

Equal Opportunity Employer
Bolton is an equal opportunity employer and is committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
Reasonable Accommodations
Bolton is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and employment process. If you require an accommodation, please contact Human Resources.
Salary Description
$55,000 - $65,000