1

Insurance Analyst Jobs in Massachusetts (NOW HIRING)

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

$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 · 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 ...

Gather and analyze financial and insurance data for renewals of annual insurance programs; develop coverage needs, present recommendations, and prepare renewal applications. * Conduct reviews and ...

Gather and analyze financial and insurance data for renewals of annual insurance programs; develop coverage needs, present recommendations, and prepare renewal applications. * Conduct reviews and ...

Showing results 41-60

Insurance Analyst information

See Massachusetts salary details

$15

$25

$39

How much do insurance analyst jobs pay per hour?

As of Sep 8, 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 September 2026, with employment types broken down into 1% As Needed, 72% Full Time, 23% 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.

Sr. Underwriting Strategy Analyst - Remote Opportunity

GuideOne Insurance

Worcester, MA • On-site, Remote

$81K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 days ago


Job description


The Senior Underwriting Strategy Analyst supports the Director of Underwriting Strategy in driving portfolio performance, optimizing underwriting, and advancing strategic initiatives across the underwriting lifecycle. This role blends analytics, underwriting expertise, and cross-functional leadership to improve risk selection, profitability, and operational efficiency.

Accountabilities:

Underwriting Strategy & Portfolio Management

  • Support development and execution of underwriting strategies aligned to growth, profitability, and risk appetite goals
  • Analyze portfolio performance trends (loss ratio, hit rate, retention, pricing adequacy) and recommend actionable improvements
  • Monitor underwriting guidelines and identify opportunities for refinement based on emerging experience and market dynamics
  • Assist in segmentation strategies to optimize risk selection and pricing precision

Data Analysis & Insights

  • Conduct advanced data analysis to identify drivers of loss, profitability, and underwriting performance
  • Develop dashboards, scorecards, and reporting frameworks for leadership visibility
  • Partner with actuarial, data science, and finance teams to evaluate pricing models and assumptions
  • Translate complex data into clear, actionable recommendations for underwriting leadership

Underwriting Governance & Execution

  • Support governance frameworks including referral processes, authority structures, and underwriting controls
  • Perform audits and quality assurance reviews to ensure adherence to underwriting guidelines
  • Identify process gaps and recommend enhancements to improve consistency and decision quality

Cross-Functional Collaboration

  • Partner with Product, Actuarial, Claims, Distribution, and Operations to align strategy and execution
  • Contribute to product development, coverage enhancements, and market positioning initiatives
  • Support field underwriting teams with insights, tools, and strategic guidance

Process Improvement & Transformation

  • Identify and lead initiatives to streamline underwriting workflows and reduce friction
  • Support automation, digitization, and decision-support tool development
  • Drive continuous improvement in underwriting efficiency and scalability

Strategic Projects

  • Lead or support high-impact initiatives such as:
    • New program or segment launches
    • Profitability remediation strategies
    • Expansion into new markets or distribution channels
  • Prepare executive-level presentations and strategic recommendations

Qualifications:

 Required

  • Bachelor’s degree in Finance, Economics, Risk Management, Data Analytics, or related field
  • 5+ years of experience in underwriting, underwriting strategy, or analytics within insurance
  • Strong understanding of underwriting principles, pricing dynamics, and risk selection
  • Advanced analytical skills (Excel, SQL, or similar tools; Tableau/Power BI preferred)
  • Demonstrated ability to translate data into business strategy

Preferred

  • Experience in commercial lines
  • Exposure to predictive modeling, pricing analytics, or portfolio optimization
  • Project management experience leading cross-functional initiatives
  • Professional designations (CPCU, ARM, ACAS/FCAS, etc.)

Core Competencies

  • Strategic thinking and problem-solving
  • Strong business and financial acumen
  • Executive communication and storytelling
  • Collaboration and stakeholder influence
  • Detail orientation with a results-driven mindset

Pay Range:

Anticipated Hiring Range:

  • $81,000 - $130,000 commensurate with experience

Get to Know GuideOne:

At GuideOne, we believe that our people are our greatest asset, and we foster a sense of collaboration among our team members so they can learn from and inspire one another to deliver excellence in risk solutions and services to our customers. For more than 75 years, we've established a reputation as a trusted partner in the communities where we live and work, and with our steadfast commitment to help make positive change possible, we're excited to see what we can accomplish during the next 75. Explore our values and culture, and learn why GuideOne might be a great fit for you!

GuideOne is proud to offer a robust benefits suite that includes:

  • Competitive base salary plus incentive plans for eligible team members.
  • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary.
  • Free Basic Life and AD&D, long-term disability and short-term disability insurance.
  • Medical, dental and vision plans to meet your unique healthcare needs.
  • Wellness incentives
  • Generous time off program including; personal, holiday, and volunteer paid time off.
  • Flexible work schedules and hybrid/remote options for eligible positions.
  • Educational assistance program.

#GuideOne