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Insurance Data Analyst Jobs in Boston, MA (NOW HIRING)

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AI Underwriting Data Manager

Waltham, MA · On-site

... insurance, data, engineering, and machine learning teams. What You'll Do: * Manage a team of analysts, including training and guidance, establishing clear goals and responsibilities, and ongoing ...

Next Insurance

AI Underwriting Data Manager

Boston, MA · On-site

... insurance, data, engineering, and machine learning teams. What You'll Do: * Manage a team of analysts, including training and guidance, establishing clear goals and responsibilities, and ongoing ...

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All JobsInsurance Data Analyst JobsInsurance Data Analyst Jobs in Boston, MA

Insurance Data Analyst information

See Boston, MA salary details

$36.8K

$89.5K

$147.3K

How much do insurance data analyst jobs pay per year?

As of Jul 16, 2026, the average yearly pay for insurance data analyst in Boston, MA is $89,503.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,700.00 and $105,100.00 per year, depending on experience, location, and employer.

How much does an insurance analyst make?

An insurance data analyst typically earns between $60,000 and $85,000 annually, depending on experience, location, and certifications. Entry-level positions may start lower, while experienced analysts with advanced skills or specialized knowledge can earn higher salaries. They often work with data analysis tools like Excel, SQL, and statistical software in an office environment.

What is the difference between Insurance Data Analyst vs Actuary?

AspectInsurance Data AnalystActuary
Required CredentialsBachelor's degree in statistics, data science, or related field; often certifications like CAP or CPCUBachelor's degree in mathematics, statistics, or actuarial science; professional actuarial exams and credentials (e.g., ASA, FSA)
Work EnvironmentData analysis teams within insurance companies, focusing on data modeling and reportingActuarial departments, focusing on risk assessment, pricing, and reserving
Employer & Industry UsageInsurance companies, brokers, and consulting firmsInsurance companies, consulting firms, government agencies

While both roles involve working with insurance data, Insurance Data Analysts focus on data collection, analysis, and reporting, whereas Actuaries specialize in risk modeling and financial forecasting using advanced mathematics and actuarial exams. The roles often collaborate but serve different strategic functions within insurance organizations.

Do insurance companies need a data analyst?

Insurance companies rely on data analysts to interpret large datasets, assess risk, and support decision-making processes. Data analysts use tools like SQL and Excel, and often require industry knowledge and analytical skills to improve underwriting, claims management, and pricing strategies.

What are the key skills and qualifications needed to thrive as an Insurance Data Analyst, and why are they important?

To thrive as an Insurance Data Analyst, you need strong analytical skills, proficiency in statistics, and a background in mathematics, finance, or a related field, often supported by a relevant degree. Familiarity with data analysis tools such as SQL, Excel, Python, and data visualization platforms, as well as knowledge of insurance-specific databases and certifications like CPCU or AIDA, is highly valued. Attention to detail, problem-solving, and effective communication are crucial soft skills for interpreting complex data and presenting insights to stakeholders. These skills ensure accurate risk assessment, data-driven decision-making, and effective support of business objectives in the insurance industry.

How does an Insurance Data Analyst typically collaborate with underwriters and actuaries?

Insurance Data Analysts frequently work alongside underwriters and actuaries to provide data-driven insights that inform risk assessment and pricing decisions. Analysts gather, clean, and interpret large sets of policyholder and claims data, then present actionable findings through reports or dashboards. Regular meetings and joint projects ensure that underwriters and actuaries have the most accurate, up-to-date information to make decisions, and that data models align closely with business needs. Strong communication and teamwork skills are essential for success in this collaborative environment.

What does an Insurance Data Analyst do?

An Insurance Data Analyst is responsible for collecting, processing, and analyzing data related to insurance policies, claims, customer behavior, and market trends. They use statistical tools and software to identify patterns, assess risks, and provide actionable insights that help insurance companies make informed decisions. Their work supports pricing strategies, fraud detection, customer retention, and overall business performance. Insurance Data Analysts often collaborate with underwriters, actuaries, and business managers to optimize processes and improve profitability.

What does a data analyst do in insurance?

An insurance data analyst examines large datasets to identify trends, assess risk, and support decision-making for insurance policies and claims. They use tools like Excel, SQL, and data visualization software to interpret data and improve underwriting, pricing, and fraud detection processes.

Is 40 too late for data science?

For an Insurance Data Analyst, age is not a barrier to entering data science. Many professionals successfully transition into data roles later in their careers by developing relevant skills such as programming, statistics, and data visualization, often through online courses or certifications. Experience in insurance or related fields can also be valuable in this career path.
What are popular job titles related to Insurance Data Analyst jobs in Boston, MA? For Insurance Data Analyst jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Insurance Data Analyst jobs in Boston, MA look for? The top searched job categories for Insurance Data Analyst jobs in Boston, MA are:
Insurance Data Analyst jobs near you
Senior Associate - Data Analyst

Senior Associate - Data Analyst

State Street Corporation

Quincy, MA • On-site

$52K - $87K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

Job Description
We are currently seeking a senior associate data analyst to help us collect, transform and extract meaning from data for the Global Technology Services (GTS) Control Tower team at State Street. The position performs a wide range of activities with experts from GTS, business intelligence, business analysis, data engineering, process engineering, governance, and data analysts to collaboratively solve a wide array of complex technical problems.
About the GTS Control Tower team
The GTS Control Tower team is an exciting and growing area of State Street with unique insight into the whole spectrum of our data, metrics, and dashboards at State Street. This name change reflects the work we are actively doing across GTS: integrating dependency management, business analysis, process design, and governance to transform data into action and keep remediation efforts flying smoothly.
The GTS Control Tower Mission
Our core focus is on transforming data into actionable insights. Our goal is to enable GTS Leadership to accelerate progress against key strategic initiatives across GTS and to drive results.
Core Responsibilities
  • Report & Dashboard Development: Design, develop, and maintain high-quality, accessible interactive Power BI dashboards and reports that clearly communicate key performance indicators (KPIs) and business insights.
  • Data Modeling & Transformation: Build and optimize semantic data models, including relationships, calculated columns, and measures using DAX. Perform data extraction, transformation, and loading (ETL) using Python and Power Query (M).
  • Data Source Integration: Connect, consolidate, and manage data from multiple sources such as SQL databases, Azure services, Excel, and other enterprise systems into reliable, well-structured datasets.
  • Performance Optimization: Tune data models and DAX calculations to ensure optimal performance, scalability, and user experience.
  • Security & Platform Administration: Implement and maintain row-level security (RLS), manage Power BI workspaces and apps, and support capacity and governance best practices within the Power BI Service.
  • Stakeholder Collaboration: Partner with business stakeholders to gather requirements, translate business needs into analytical solutions, and deliver actionable, decision-ready insights.
  • Documentation & Standards: Create and maintain clear documentation for data models, transformation logic, report definitions, and operational procedures to support transparency and long-term maintainability.

What We Value
  • Willingness to learn and develop new skills, embracing challenges and continuous improvement
  • Strong work ethic, focus on achieving goals, and delivering measurable results
  • Desire for creative thinking, problem-solving, and proposing new ideas to improve processes or products
  • People who thrive in a collaborative team environment

Requirements
  • An online portfolio with examples with nonconfidential data that demonstrates your analysis skills
  • Some experience with Microsoft Power BI, DAX, Power Query, M, ETL, Python, PySpark, SQL
  • A Bachelor's degree in a data analytics, data science, computer science or equivalent experience

Salary Range:
$52,000 - $87,880 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

Social media

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