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Insurance Analyst Jobs in Massachusetts (NOW HIRING)

Lead Actuary

Boston, MA · On-site

$126K - $148K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L management * Partner with Insurance Product Managers to drive future product developments * Build go ...

Senior State Filings Analyst

Boston, MA · On-site

$78K - $102K/yr

We're backed by industry leaders in insurance and tech, and we still have room to grow - that's where you come in. We are seeking a skilled Senior State Filings Analyst to join our team. You will ...

Senior State Filings Analyst

Boston, MA · On-site

$78K - $102K/yr

We're backed by industry leaders in insurance and tech, and we still have room to grow - that's where you come in. We are seeking a skilled Senior State Filings Analyst to join our team. You will ...

Senior State Filings Analyst

Waltham, MA · On-site

$77K - $102K/yr

We're backed by industry leaders in insurance and tech, and we still have room to grow -- that's where you come in. We are seeking a skilled Senior State Filings Analyst to join our team. You will ...

Lead Actuary

Boston, MA · On-site

$158K - $214K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L management * Partner with Insurance Product Managers to drive future product developments * Build go ...

Lead Actuary

Boston, MA · On-site

$158K - $214K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L management * Partner with Insurance Product Managers to drive future product developments * Build go ...

Lead Actuary

Waltham, MA

$158K - $214K/yr

Build and enhance actuarial methodologies around loss ratio forecast, insurance analytics, and P&L management * Partner with Insurance Product Managers to drive future product developments * Build go ...

Showing results 21-40

Insurance Analyst information

See Massachusetts salary details

$15

$25

$39

How much do insurance analyst jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for insurance analyst in Massachusetts is $25.99, according to ZipRecruiter salary data. Most workers in this role earn between $21.01 and $28.61 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 popular job titles related to Insurance Analyst jobs in Massachusetts?

For Insurance Analyst jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Insurance Analyst jobs in Massachusetts look for?

The top searched job categories for Insurance Analyst jobs in Massachusetts are:

What cities in Massachusetts are hiring for Insurance Analyst jobs?

Cities in Massachusetts with the most Insurance Analyst job openings:

Infographic showing various Insurance Analyst job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $54,061 per year, or $26 per hour.

IR Diligence Analyst/Associate, Insurance

Bain Capital Private Equity, LP

Boston, MA

$75K - $100K/yr

Full-time

Posted 7 days ago


Job description

BAIN CAPITAL OVERVIEW

With approximately $225 billion of assets under management, Bain Capital is one of the world's leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. Today, our team includes 2,000 + employees in 24 offices on four continents.


We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.


Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.


For more information visit: Bain Capital.

RESPONSIBILITIES

The Investor Relations team seeks a full-time Associate. This individual will have primary responsibility for working with senior Investor Relations professionals covering Bain Capital Insurance, which includes insurance-focused private equity, structured products, and strategic asset management capabilities.

This position will involve key tasks such as:

  • Completing RFPs/RFIs and updating Due Diligence Questionnaires (DDQs)
  • Servicing investor information requests, during fundraising and on an ongoing basis
  • Performing fund, investor, and market-level analysis
  • Providing research/analytical support for IR special projects
  • Assisting with recurring reporting preparation, updating marketing collateral, and investor letter writing
  • Maintaining various consultant and performance databases


QUALIFICATIONS

  • Strong academic credentials (BS/BA from highly-regarded institution)
  • 2-4 years of experience in asset management, consulting or financial services' related marketing
  • Excellent interpersonal skills and ability to interact with senior personnel across the firm
  • Strong analytical skills; comfort organizing and interpreting large amounts of data
  • Proven ability to manage competing priorities and deadlines
  • Demonstrated ability to work as part of a team and a willingness to take on any task, no matter how small
  • Outstanding Excel and PowerPoint skills
  • Experience manipulating large data sets with VLOOKUP, pivot tables, etc.
  • Detail-oriented, conscientious, and energetic self-starter with ability to think creatively

Compensation:

Expected Annual Base Salary $75,000 - $100,000

Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees' health, financial security, family needs, and overall well-being.

Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.