Insurance Risk Analyst
Insurance Risk Analyst Salary in Michigan
$42.7K - $51K
5% of jobs
$56.7K is the 25th percentile. Wages below this are outliers.
$51K - $59.3K
30% of jobs
The median wage is $65.5K / yr.
$59.3K - $67.5K
21% of jobs
$73.7K is the 75th percentile. Wages above this are outliers.
$67.5K - $75.8K
27% of jobs
$75.8K - $84.1K
7% of jobs
$84.1K - $92.4K
3% of jobs
$92.4K - $100.7K
1% of jobs
$100.7K - $108.9K
2% of jobs
$108.9K - $117.2K
2% of jobs
$117.2K - $125.5K
2% of jobs
$125.5K - $133.8K
2% of jobs
$42.7K
$65.8K
$135.5K
$72,549
/year
$34.88
/hour
Insurance Risk Analyst Salary Comparison by Location
Nationwide
United States
$83,237
Michigan
Michigan
$72,549
Do you get a good deal as an Insurance Risk Analyst?
Take The Breakroom Quiz to find out if your job offers fair pay and conditions. The 3-minute quiz lets you compare your pay, hours, benefits, and more.
Take The Breakroom Quiz
How much does an Insurance Risk Analyst make in Michigan?
As of Jul 14, 2026, the average annual pay for an Insurance Risk Analyst in Michigan is $72,549 a year.
Just in case you need a simple salary calculator, that works out to be approximately $34.88 an hour. This is the equivalent of $1,395/week or $6,045/month.
While ZipRecruiter is seeing salaries as high as $135,533 and as low as $42,708, the majority of Insurance Risk Analyst salaries currently range between $56,700 (25th percentile) to $75,400 (75th percentile) with top earners (90th percentile) making $111,128 annually in Michigan. The average pay range for an Insurance Risk Analyst varies greatly (by as much as 18700), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Michigan ranks number 50 out of 50 states nationwide for Insurance Risk Analyst salaries.
To estimate the most accurate annual salary range for Insurance Risk Analyst jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Find your next high paying job as an Insurance Risk Analyst on ZipRecruiter today.
What are Top 10 Highest Paying Cities for Insurance Risk Analyst Jobs in Michigan
We've identified 10 cities where the typical salary for an Insurance Risk Analyst job is above the average in Michigan in Michigan. Topping the list is Lansing, , with Ann Arbor, and Flint, close behind in the second and third positions. Flint, beats the average in Michigan by $8,420 (11.6%), and Lansing, furthers that trend with another $11,876 (16.4%) above the $72,549 average.
With these 10 cities paying on average above the average for Michigan, the opportunities for economic advancement by changing locations as an Insurance Risk Analyst appears to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top 10 cities varies very little at 6% between Lansing, and East Lansing, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Insurance Risk Analyst role.
City | Annual Salary | Hourly Wage |
|---|---|---|
Lansing | $84,425 | $40.59 |
Ann Arbor | $81,434 | $39.15 |
Flint | $80,969 | $38.93 |
Grand Rapids | $79,942 | $38.43 |
Wixom | $79,783 | $38.36 |
Holland | $79,359 | $38.15 |
Birmingham | $79,311 | $38.13 |
Troy | $78,891 | $37.93 |
Kalamazoo | $78,860 | $37.91 |
East Lansing | $78,835 | $37.90 |
What are Top 5 Best Paying Related Insurance Risk Analyst Jobs in Michigan
Analyzing similar jobs related to the Insurance Risk Analyst job category in Michigan, we found 5 that were relevant. However, none pay more than the $72549 state average for Insurance Risk Analyst jobs.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Business Continuity Manager | $105,569 | $50.75 |
Market Risk Analyst | $94,422 | $45.40 |
Senior Surety Underwriter | $92,913 | $44.67 |
Senior Commodity Trader | $69,978 | $33.64 |
Decision Analyst | $53,089 | $25.52 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
