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Insurance Rater Jobs in Connecticut (NOW HIRING)

Insurance Rating Tester Job Location: Hartford, CT Job Type: Contract * The Rating Test Specialist is responsible for validating insurance rating logic premium calculations and pricing rules across ...

Insurance Producer

Hartford, CT · On-site

$19.23 - $24.03/hr

Working knowledge of insurance agency operations, coverages, rates, markets and applicable insurance laws/codes. * Working knowledge of risk assessment and risk management techniques. * Excellent ...

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Insurance Rater information

See Connecticut salary details

$16

$18

$19

How much do insurance rater jobs pay per hour?

As of May 31, 2026, the average hourly pay for insurance rater in Connecticut is $18.29, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $18.32 per hour, depending on experience, location, and employer.

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

To thrive as an Insurance Rater, you need strong analytical skills, attention to detail, and knowledge of insurance policies and rating procedures, often supported by a high school diploma or equivalent. Familiarity with insurance rating software, databases, and sometimes certification in insurance principles or underwriting systems is common. Excellent organizational skills, clear communication, and the ability to work accurately under pressure help set top performers apart. These skills ensure precise risk assessment, accurate premium calculations, and compliance with regulations, which are critical for the credibility and profitability of insurance providers.

What are some common challenges faced by Insurance Raters, and how can they be overcome?

Insurance Raters often encounter challenges such as interpreting complex insurance policies, keeping up with regulatory changes, and ensuring accuracy while handling large volumes of data. To overcome these, it's essential to stay updated on industry regulations through regular training and to develop strong attention to detail. Collaborating closely with underwriters and using specialized rating software can also help streamline the process and minimize errors.

What does an Insurance Rater do?

An Insurance Rater is responsible for evaluating insurance applications and determining the appropriate premium rates based on risk factors and company guidelines. They analyze information such as applicant history, property details, and other relevant data to calculate the cost of insurance coverage. Insurance Raters ensure that rates comply with state regulations and company policies, helping to maintain fair and accurate pricing for both the company and customers.

What is the difference between Insurance Rater vs Insurance Underwriter?

AspectInsurance RaterInsurance Underwriter
CredentialsTypically requires a high school diploma or equivalent; some roles may prefer insurance or customer service experienceRequires a bachelor's degree, often in finance, business, or related fields; certifications like CPCU are common
Work EnvironmentOffice setting, often in insurance companies or agencies; focus on data entry and rate calculationsOffice environment; involves evaluating risks, reviewing applications, and approving policies
Employer & Industry UsageUsed mainly in insurance companies and agencies for rate settingUsed in insurance companies for risk assessment and policy approval

While both roles are integral to the insurance industry, Insurance Raters primarily focus on calculating and setting insurance rates based on data, whereas Insurance Underwriters evaluate risks and decide on policy approval. Understanding these differences helps clarify career paths and job expectations within the insurance sector.

What are popular job titles related to Insurance Rater jobs in Connecticut? For Insurance Rater jobs in Connecticut, the most frequently searched job titles are:
Insurance Rating Tester

Insurance Rating Tester

Staffingine LLC

Hartford, CT • On-site

Contractor

Posted 14 days ago


Job description

Job Title: Insurance Rating Tester
Job Location: Hartford, CT
Job Type: Contract

Job Description:

  • The Rating Test Specialist is responsible for validating insurance rating logic premium calculations and pricing rules across policy lifecycle transactions.
  • Validate rate tables rating algorithms and underwriting rules across new business renewals endorsements cancellations and rewrites.
  • Perform premium calculation testing including base rate modifiers discounts surcharges taxes and fees.
  • Analyze rate filings actuarial specifications and business rule documents to derive comprehensive test scenarios.
  • Execute functional and data driven testing to validate rating logic against approved rate books and filings.
  • Verify state jurisdiction specific rules regulatory compliance and effective dated rate changes.
  • Conduct regression testing for rate changes product launches and system upgrades
  • Perform negative and boundary testing for rating exceptions edge cases and overrides
  • Collaborate with Actuarial Product Underwriting and Development teams to clarify rating logic and resolve defects
  • Log track and validate defects related to pricing discrepancies using defect management tools
  • Support UAT and production validation PPV for rate changes and releases
  • Contribute to test estimation test planning and rate test coverage reporting
  • Required Skills Experience
  • Strong experience in Insurance Rate Rating Testing PC preferred LifeAnnuities acceptable.
  • Handson knowledge of rating engines and pricing logic e.g. Guidewire Rating Duck Creek Rating proprietary engines
  • Strong understanding of insurance policy lifecycle and pricing constructs
  • Ability to interpret rate filings actuarial documents and product specs
  • Experience with SQL data validation to verify premium calculations and rating outputs

Testing Skills

  • Expertise in functional regression and data validation testing
  • Experience creating rate matrices test scenarios and calculation worksheets
  • Familiarity with Agile SAFe delivery models